Those looking for a reliable product to invest in, Punjab National Bank has come with a term deposit scheme termed as PNB Saksham Deposit Scheme where it will take care of all your recurring financial needs and will avail you with a supplementary income on a monthly basis in form of interest.
Association, Club, Society, Trust or Religious/ Charitable and Educational Institutions, etc. can also have this term deposit account.
Maximum: Subsequently in multiple of Re.1/- subject to maximum of Rs.10 Crore
|Rate of Interest||
As mentioned in the term deposit card rate regarding different tenures.
The senior citizens can avail an additional 0.5% interest on the provided deposits.
|Period (Multiple of 3 months)||
Minimum: 1 Year
Maximum: 10 Years
|Loan against Bank Scheme||N.A.|
|Nomination (if any)||N.A.|
|Domestic TD Less than Rs.1 cr.||Domestic TD Rs.1 cr. To Rs 10 cr #||NRE TD Less than Rs. 1 cr||NRE TD Rs. 1 cr. To Rs. 10 cr.||PNB Tax Saver FD|
|Period||ROI (% p.a.)||A.Y.*||For Senior Citizen ROI (% p.a.)||ROI (% p.a.)||A.Y.*||ROI (% p.a.)||ROI (% p.a.)||ROI (% p.a.)|
|1 to 2 Weeks||4.25||4.25||4.75||4.00||4.00||NA||NA||NA|
|15 to 29 Days||4.25||4.25||4.75||4.00||4.00||NA||NA||NA|
|1 Month to 45 Days||4.75||4.75||5.25||4.00||4.00||NA||NA||NA|
|46 Days to 3 Months||6.25||6.25||6.75||5.00||5.00||NA||NA||NA|
|91 to 179 Days||6.50||6.50||7.00||5.75||5.75||NA||NA||NA|
|6 Months to 9 Months||7.00||7.06||7.50||6.50||6.55||NA||NA||NA|
|271 days to less than 365 Days||7.00||7.12||7.50||6.50||6.61||NA||NA||NA|
|1 year & upto 730 Days||7.50||7.71||8.00||7.00||7.19||7.50||7.00||NA|
|above 2 Years & upto 60 Months||7.25||7.73||7.75||6.75||7.16||7.25||6.75||7.25|
|above 60 Months & upto 120 Months||7.25||8.65||7.75||6.75||7.95||7.25||6.75|