Those looking for a reliable product to invest in, Punjab National Bank has come with a term deposit scheme termed as PNB Saksham Deposit Scheme where it will take care of all your recurring financial needs and will avail you with a supplementary income on a monthly basis in form of interest.
Account Type |
Single /Joint Association, Club, Society, Trust or Religious/ Charitable and Educational Institutions, etc. can also have this term deposit account. |
Amount |
Minimum: Rs.25,000/- Maximum: Subsequently in multiple of Re.1/- subject to maximum of Rs.10 Crore |
Rate of Interest |
As mentioned in the term deposit card rate regarding different tenures. The senior citizens can avail an additional 0.5% interest on the provided deposits. |
Period (Multiple of 3 months) |
Minimum: 1 Year Maximum: 10 Years |
TDS | None mentioned |
Loan against Bank Scheme | N.A. |
Nomination (if any) | N.A. |
Auto Renewals | N.A. |
Domestic TD Less than Rs.1 cr. | Domestic TD Rs.1 cr. To Rs 10 cr # | NRE TD Less than Rs. 1 cr | NRE TD Rs. 1 cr. To Rs. 10 cr. | PNB Tax Saver FD | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Period | ROI (% p.a.) | A.Y.* | For Senior Citizen ROI (% p.a.) | ROI (% p.a.) | A.Y.* | ROI (% p.a.) | ROI (% p.a.) | ROI (% p.a.) | ||||
1 to 2 Weeks | 4.25 | 4.25 | 4.75 | 4.00 | 4.00 | NA | NA | NA | ||||
15 to 29 Days | 4.25 | 4.25 | 4.75 | 4.00 | 4.00 | NA | NA | NA | ||||
1 Month to 45 Days | 4.75 | 4.75 | 5.25 | 4.00 | 4.00 | NA | NA | NA | ||||
46 Days to 3 Months | 6.25 | 6.25 | 6.75 | 5.00 | 5.00 | NA | NA | NA | ||||
91 to 179 Days | 6.50 | 6.50 | 7.00 | 5.75 | 5.75 | NA | NA | NA | ||||
6 Months to 9 Months | 7.00 | 7.06 | 7.50 | 6.50 | 6.55 | NA | NA | NA | ||||
271 days to less than 365 Days | 7.00 | 7.12 | 7.50 | 6.50 | 6.61 | NA | NA | NA | ||||
1 year & upto 730 Days | 7.50 | 7.71 | 8.00 | 7.00 | 7.19 | 7.50 | 7.00 | NA | ||||
above 2 Years & upto 60 Months | 7.25 | 7.73 | 7.75 | 6.75 | 7.16 | 7.25 | 6.75 | 7.25 | ||||
above 60 Months & upto 120 Months | 7.25 | 8.65 | 7.75 | 6.75 | 7.95 | 7.25 | 6.75 |