For the past 120 years, Punjab National Bank has been providing the customers with all the necessary banking solutions. And with its new deposit product branded under PNB Dugna Fixed Deposit Scheme provides the opportunity to double the money in 109 months along with the interest which is compounded quarterly.
Minimum: Rs.5000/- in multiples of Re.1/- and up to Rs.1 crore/ day/customer.
Rate of Interest
Under the PNB Dugna Fixed Deposit Scheme, the rate of interest is calculated at 7.75% per annum which is compounded quarterly.
Minimum: 99 Months
The bank will issue a TDS certificate for the tax deducted
Loan against Punjab National Bank - PNB Dugna Fixed Deposit Scheme
PNB Dugna Fixed Deposit Scheme provides the depositor with loan against the bank and overdraft facility.
Nomination (if any)
The scheme remains active until any premature withdrawal is made.
Period of Deposit
The Maximum period for which the deposit is made is 109 Months.
Interest rate for senior citizens
Interest rate for others
365 Days but less than 730 Days
7.75% + 0.50%
More than 730 Days but less than 60 Months
More than 60 Months but less than 120 Months
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