|
PNB Global Foreign
Currency Deposit Scheme
(Incentive linked FCNR(B)
Scheme)
(w.e.f. 01.05.2008)
|
Duration |
USD |
GBP |
EUR |
AUD |
CAD |
|
1 year
to less than 2 years |
|
|
|
7.51
(7.33) |
2.91
(2.80) |
|
2
years to less than 3 years |
|
|
|
6.91
(6.59) |
2.64 (2.45) |
|
3
years to less than 4 years |
2.70
(2.06) |
|
3.68
(3.43) |
|
|
|
4
years to less than 5 years |
2.93
(2.36) |
4.59
(4.30) |
3.65
(3.42) |
6.86
(6.57) |
2.91
(2.81) |
|
5
years only |
3.11
(2.65) |
4.54
(4.28) |
3.64
(3.43) |
6.78
(6.55) |
3.03
(2.94) |
-
These interest rates are applicable only on fresh deposits
and on renewal of deposits maturing on or after May 01, 2008.Please note that the
interest rates are valid for the month of May 2008.
- Figures
written in bracket represent previous interest
rates.
-
The above interest rates shall also be applicable to RFC
Deposits denominated in USD, GBP and EUR currencies for the
maturity period of 1 to 5 years.
PNB Global Rupee
Deposit Scheme
(Incentive linked NRE
Deposit Scheme)
(w.e.f. 01.05.2008)
Rate of Interest
|
Maturity Period |
Existing
(w.e.f. 01.04.2008) |
Revised
(w.e.f 01.05.2008) |
|
1 year to less than
2 years |
2.49 |
3.08 |
|
2 year to less than
3 years |
2.50 |
3.18 |
|
3 years to 5
years |
2.81 |
3.45 |
-The revised interest rates
of Global Rupee term deposits will be applicable to
fresh deposits accepted on or after May 01,
2008 .Please note that these interest rates
are valid for the month of May 2008.
|
Savings Account
(
w.e.f.November 18, 2005) |
3.50
|
Renewal of Overdue
PNB Global Rupee Deposits
In case of PNB
Global Rupee deposits: -
-
Where overdue period from the date of maturity till the date
of renewal (both days inclusive) does not exceed 14 days, the
rate of interest payable on the amount of deposit so renewed
shall be the appropriate rate of interest for the period of
renewal as prevailing on the date of maturity.
-
Where overdue period from date of maturity till date of
renewal (both days inclusive) exceed 14 days, branches shall
allow interest on overdue term deposit from the date of
maturity of the deposit provided: -
a.
The total amount of the overdue deposit or a part thereof is
renewed from the date of its maturity till some future date
(at least 15 days beyond the actual date of renewal) provided
the deposit remains with the bank for minimum period of one
year.
b.
The interest allowed shall be at the appropriate rate
operative on the date of maturity of such overdue deposit or
the rate as on the date of renewal of the deposit, whichever
is less and shall be payable only on the amount of the deposit
so renewed.
(NRNR deposits matured
after March 31, 2002 may be renewed under PNB Global Rupee
Deposit scheme at rate of interest applicable to PNB Global
Rupee deposits.)
Resident Foreign
Currency Accounts - RFC
(w.e.f. 28.03.2003)
|
Nature of
Account |
USD |
GBP |
Euro |
|
Current Account (No Min.
limit) |
Nil |
Nil |
Nil |
|
Savings Fund (No Min.
limit) |
0.50 |
1.50 |
0.75 |
|
Term
Deposits (minimum USD 5000 or its equivalent)
: |
|
One
month to less than one year |
0.75 |
2.50 |
1.50 |
|
One
year to five years |
Same
as FCNR(B) Deposits |
* The above interest rates
are applicable only on fresh deposits and on renewal of
deposits maturing on or after March 28,
2003.
| 
