PNB Bank offers RD schemes at higher rate of interest on deposits, You can check eligibility, features, rates & minimum deposit amount with other important information.
Features
| Services | · This scheme is served for internet banking users only and not others. · Any individuals having operative saving or current account in PNB is eligible for this scheme. |
| Advantage | The mode of operation, nomination, and senior citizen preferential rate shall remain the same in this scheme from which the recurring deposit has been funded. |
| Priorities | You must accept the terms and condition before the issuance of e-RD. |
| Mandatory Documents | Valid PAN Card should be handed in the funded account. |
| Tenure | The tenure is specific as per the scheme displayed on PNB Bank website. |
| Nomination facility | Available |
| Pre-mature Closure | Parent branch is to be visited for closure or pre-mature closure of the account under this scheme. |
| Rate of Interest | The rate of interest is subjected to be changed from time to time, it is the card rate as applicable to the tenure of deposit. |
| TDS | TDS is applicable as per rules. The bank will issue TDS certificate for the tax that has been deducted. |