PNB Bank offers Term fixed deposit schemes for Individuals, Minors with minimum Rs.100 deposit per month at higher rate of interest on deposits, You can check eligibility, features, rates & minimum deposit amount with other important information.
Features
| Eligibility | · Any individual(singly or jointly) with others · Minor who have attainted the age of 10 years and above in his/her own name · Minor below the age of 10 years can open fixed deposit account under the guidance of his/her parents/guardian. · Proprietorship, Partnership Firm, Commercial Organization, Company, Corporate Body. · Hindu Undivided Family (HUF) · Association, Clubs, Society, Trusts or Religious Institution, Charitable and Educational Institutions · Municipality or Panchayat, Government or Quasi-Government body · Illiterate and blind person can also open this account |
| Minimum Deposit | Rs 100 afterwards in convenient multiples of any amount maximum up to Rs 99.99 lacs. |
| Period of FDR | The minimum tenure is 6 months and the maximum tenure is 120 months. |
| Loan/Overdraft | Available |
| Rate of Interest | The ROI would be of the CARD rates as applicable to the time period of deposit as displayed on the website which is subjected to change from time to time. |
| Nomination Facility | Available |
| TDS | TDS is applicable as per rules. The bank will issue TDS certificate of the tax deducted. |