“Pranam Fixed Deposit Scheme” By Punjab National Bank For Individual Who Are 55 & Above

“Pranam Fixed Deposit Scheme” By Punjab National Bank For Individual Who Are 55 & Above

The Punjab National Bank (PNB) is giving a chance of putting resources into the Pranam Fixed Deposit Scheme for senior residents accomplishing 60 years old. The PNB has as of late tweeted about this Pranam Fixed Deposit Scheme for senior residents from its authority Twitter handle. The tweet said, "Profit the advantage of higher ROI for Senior Citizens on accomplishing the age of 60 years. Put resources into PNB Pranam Fixed Deposit Scheme to profit benefits. To know more, visit: tinyurl.com/du6pa2zs." 

It should be noticed that the plan will be pertinent for the age of 55 years or more and as long as 60 years. At the hour of opening of a term store account under the plan, the branch will check the age by accommodation of any of the accompanying archives: 

1) LIC Policy 

2) Others Identity Card 

3) Pension Payment Order if the material 

4) Birth Certificate gave by the equipped power. 

5) Passport 

6) Driving License 

7) PAN number 

8) Any other narrative confirmation as per the general inclination of the Branch Manager. 

9) UID 

The intrigued people should take note of that the base sum for deposit is Rs.100 and from there on in products of Rupee one (Re.1) with the greatest measure of Rs.1,99, 99,999. The investors should take note that the premium will be payable quarterly at the straightforward pace of revenue or month to month at a limited rate according to the choice of the contributor. The interest will be accumulated on a quarterly premise and is payable on the development of the store. The interest inflow in the record will be on each schedule quarter-end, that is, 31/3, 30/6, 30/9, and 31/12. 

On the off chance that any contributor wants to pull out the store before development, the bank may at its carefulness reimburse the store with a modern premium. The loan cost payable would be a legally binding rate or the rate relevant for the period for which the store has run, whichever is lower. Be that as it may, no punishment will be required for untimely withdrawal of store in the event that it is shut rashly subsequent to accomplishing status of senior resident. 

For additional subtleties, the intrigued people can log in to the authority site of PNB at pnbindia.in.

Image Credit: Zee Business


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