This article offers a brief summary of the key aspects of the Punjab National Bank‘s Public Provident Fund 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 – Public Provident Fund Features:
- The account holder can avail a loan facility against the PPF account.
- Interest rates on PPF are aligned with Government of India, Ministry of Finance Gazette Notifications issued quarterly.
- This account spans 15 years, extendable in blocks of 5 years without loss of interest on written request within 1 year from the date of maturity.
- While the nomination facility is available, NRIs cannot be nominated as beneficiaries.
How to invest?
Click here to invest in the Punjab National Bank’s Public Provident Fund 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.