PNB INCREASES INTEREST RATES ON "PNB MAHABACHAT" TERM DEPOSIT SCHEME- extended Upto 30.06.2007

 

 

TO MEET THE ASPIRATIONS OF OUR VALUABLE CUSTOMERS, PUNJAB NATIONAL BANK HAS REVISED ITS FIXED DEPOSIT SCHEME "PNB MAHABACHAT". THE SALIENT FEATURES OF THE SCHEME ARE AS UNDER:

 

 

 

Minimum Deposit accepted - Rs.25,000/-

 

Tenure of Deposit - Minimum 1 year & maximum 3 years

 

 

 

Rate of Interest - 1 year to less than 2 years : @ 9.50% p.a.

                           

                             2 years to less than 3 years : @ 9.25% p.a.

 

                             3 years : @ 9.00% p.a.

 

                              (interest quarterly compound)

 

 

Senior Citizen  -  Additional rate of interest @ 0.25% p.a.

 

 

 

Validity period  -   extended Upto 30.06.2007

 

 

Nomination and Loan / Overdraft facility is available in the Scheme.