This article offers a brief summary of the key aspects of the Punjab National Bank‘s Non Callable Deposit schemes. Since these details are subject to frequent updates, please refer to the bank’s official website for the most current information on features and interest rates.
PNB India – Non Callable Deposit Features:
- Available for individuals (singly or jointly), minors aged 10 years and above (with proof of age), proprietorships/partnerships, commercial organizations, companies/corporate bodies, and Hindu Undivided Families.
- For deposits from Rs. 15 lakh to Rs. 10 crore (as per rates advised by HO: IRMD-ALM): Maturity Option: Any duration from 91 days to 120 months.
- Income Option: Any period from 6 months to 120 months.
- For deposits exceeding Rs. 10 crore (as per rates advised by the treasury division for DRI rates), approval from the HO treasury is necessary: Maturity Option: Any period from 91 days to 1 year.
- Income Option: Any duration from 6 months to 1 year.
- Interbank deposits surpassing Rs. 10 crore (as per rates advised by the treasury division for DRI rates) necessitate approval from the HO treasury: Maturity Option: Any duration from 91 days to 1 year.
How to invest?
Click here to invest in the Punjab National Bank’s Non Callable Deposit schemes.
Note: The information presented here is sourced from publicly available data. We cannot be held responsible for any inaccuracies in the details. For the most current and accurate information, please visit the official website of the respective bank/institution.