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23rd November 2015, 08:10 AM
Super Moderator
 
Join Date: May 2012
Re: Rate of Interest on Recurring Deposit in PNB

Customers can deposit money as Recurring Deposit at PNB bank for a period of 6 months to 120 months in multiple of 3 months.

PNB Lakhpati Deposit Scheme (Recurring And Fixed Deposit)- B:

Rate of interest :
9.00%.

Amount of Recurring Deposit installment:

Amount of installment may be chose from Rs:
Rs 2100,
Rs 1500,
Rs 1200 &
Rs 1000.

Features of the product:


Individual (singly or jointly) with others.

Minor who have attained the age of 10 years and above in his/her own name on giving proof of age.

Minors below the age of 10 years under guardianship of Natural/legal guardian.

Proprietorship/Partnership Firm, Commercial Organization, Company / Corporate Body
Hindu Undivided Family

Association, Club, Society, Trust or Religious/Charitable Educational Institutions,
Municipality or Panchayat, Government or Quasi-Government body.

Illiterate and blind persons can also open accounts.


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