Punjab National Bank Interest Rates on Fixed Deposits

I want to know the Punjab National Bank Interest Rates on Fixed Deposits,can you give me?

As you want to know the Punjab National Bank Interest Rates on Fixed Deposits, so I am providing you here:

The rates for Rs.1 Crore to Rs.10 Crore are not to be loaded with additional rate of interest for Sr. Citizens, staff accounts, army/naval/air force group insurance, etc. For senior citizens the additional rate of interest shall be 25 bps.

Punjab National Bank Interest Rates on Fixed Deposits are here:

Hello buddy here I have come to collect information of interest rate of Punjab National Bank for its Fixed Deposits , as I want to invest some money in its PNB Tax Saver Fixed Deposit Scheme, so can you guide me

As you want to invest in Punjab National Bank Tax Saver Fixed Deposit Scheme, so for it here I am telling you term and conditions:

Min deposit period 5 years & Max deposit period 10 years.
Rebate on income tax under Sec. 80 c
Nomination facility Available
Lock in period of 5 years.
Loan available after lock in period of 5 years against Deposit
Premature withdrawals are allowed after the completion of 5 years of deposit.
Interest on deposits is payable either monthly at discounted value or quarterly or compounded quarterly (i.e., reinvestment of interest) or on the date of maturity at the option of the depositor as applicable under particular deposit scheme.
Interest on overdue deposit is paid if the deposit is renewed, as decided by the Bank from time to time.
Interest on bank deposits is exempt from income tax up to a limit specified by Income Tax authorities from time to time.
The Bank will issue TDS Certificate for the tax deducted.

Documents required:
PNB Bank requires a satisfactory introduction of the person/s opening the account by a person acceptable to the Bank.
Two recent photographs of the person/s opening the account, as per RBI directives.
Permanent Account Number (PAN) or General Index Register (GIR) Number or alternatively obtain declaration in Form No.60 or 61 as per the Income Tax Act (vide Section 139A) from the person/s opening the account.

Interest Rates

__________________
Answered By StudyChaCha Member