2023 2024 Student Forum > Management Forum > Entrance Exams

 
  #2  
21st December 2015, 02:38 PM
Super Moderator
 
Join Date: Apr 2013
Re: PMC Bank Fixed Deposit Scheme

Punjab & Maharashtra Co-operative Bank is a Multi-State Scheduled Urban Co-operative Bank with its area of operation in the States of Maharashtra, Delhi, Karnataka ,Goa, Gujarat ,Andhra Pradesh and Madhya Pradesh. It was established on February 13, 1984.

Fixed Deposit Scheme

Who can open an account-


Individuals
Two or More individuals in their joint names
Minors represented by the natural guardians
Proprietory concerns/ partnership firms/companies
Associations or any body corporates
Hindu Undivided Families
Trusts

Operating instructions-

Self
Former or Survivor or No. 1 or Survivors
Either or Survivors (E or S)
Any one or more of them or Survivor or Survivors

Fixed deposit-

Minimum amount for Fixed Deposit is Rs. 1000/-.

Minimum period for deposits is 12 months and Maximum is 120 months.

Interest can be paid on deposits periodically monthly/ quarterly/half yearly & yearly.

Pre maturity: Penalty clause as applicable.

TDS applicable >10000 interest in a year (April-March). 15G-general depositors below 65yrs of age & 15H-for depositor’s above65yrs can also be obtained.

Addition/deletion of names possible


Quick Reply
Your Username: Click here to log in

Message:
Options

Thread Tools Search this Thread



All times are GMT +5. The time now is 05:12 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO 3.6.0 PL2

1 2 3 4