LIABILITY PRODUCTS
RESOURCE MOBILISATION DIVISION
RESOURCE MOBILISATION DIVISION
HEAD OFFICE
HEAD OFFICE
FIRST FLOOR, RAJENDRA BHAWAN, RAJENDRA PLACE, NEW DELHI – 110008.
rrmd@pnb.co.in
1
DEPOSIT SCHEMES
SAVINGS
™
SAVING DEPOSITS
™
CURRENT DEPOSITS
™
TERM DEPOSITS
TERM DEPOSITS
• PNB PRUDENT SWEEP
• PNB TOTAL FREEDOM SALARY ACCOUNT
• PNB VIDYARTHI
•PNB RAKSHAK SCHEME
•PNB SHIKSHAK SWEEP SCHEME
•PNB
PNB SHIKSHAK O/D SCHEME
SHIKSHAK O/D SCHEME
• PNB MITRA (FINANCIAL INCLUSION)
TERM DEPOSITS
CURRENT DEPOSITS
™
PNB SMART ROAMER SCHEME
• MBFD, Spl. TD, Ord. TD, Anupam, Sugam & VAY TD Schemes
•PNB COMBO •TAX SAVER FD
• FD SCH. FOR ROAD ACCIDENT VICTIMS • RECURRING DEPOSIT
• FLEXI RECURRING DEPOSIT/FLEXI JAMA YOJNA
/
• PNB DUGANA SCHEME
• PNB LAKHPATI SCHEME
• PNB 555& 1111 DAYS
•CAPITAL GAIN SCHEME
• PNB GROWTH FD SCHEME
• PNB BULK FD SCHEME
•PROSPECTIVE SENIOR CITIZEN SCHEME
2
Prudent Sweep (S/F) Scheme
ƒ Savingg Account Scheme p
providingg facilityy of automatic transfer of balance
from Savings Accounts to Fixed Deposit.
• Opening of account with Rs. 500/‐ only.
• Minimum Quarterly Average Balance: Rs. 5,000/
5,000/‐ in Rural/Semi Urban &
Rs. 10,000/‐ in Urban/Metro
• Cut off level for Sweep: Rs. 15000/‐ in Rural/Semi Urban & Rs. 40000/‐ in
Urban/Metro.
• Multiples of minimum Sweep Out/In: Rs. 10,000/‐
• Tenor of FDR: 7 days to 179 days.
• Various
V i
F
Free
F iliti
Facilities:
100 cheque
h
l
leaves
i a financial
in
fi
i l year, Internet
I t
t
Banking Services, 50% concessions on annual maintenance charges for
Demat Services for the first year only, ATM Card facility etc.
(R f RBD/DEP/Cir.
(Ref:
RBD/DEP/Ci No.
N 33 dated
d t d 20.10.2009
20 10 2009 & 41 dated
d t d 31.12.2009)
31 12 2009)
3
Smart Banking Current Account Scheme
ƒ Existing CA – Smart Roamer Account scheme replaced with the introduction
of 4 variants under the present scheme namely PNB SILVER,
SILVER PNB GOLD,
GOLD PNB
DIAMOD & PNB PLATINUM. Various features are as under:
Sl.
No.
1
2
3
4
5
6
Particulars
VARIANTS
PNB SILVER
VARIANTS
PNB GOLD
VARIANTS
PNB DIAMOND
VARIANTS
PNB PLATINUM
Scheme code
CSMR1
CSMR2
CSMR3
CSMR4
Minimum Quarterly Average
Balance (QAB)
Initial Deposit
(R/SU/U & M)
Non Maintenance of QAB
Charges (per quarter)
50,000
2,00,000
5,00,000
10,00,000
5 000
5,000
5 000
5,000
5 000
5,000
5 000
5,000
150
600
1500
3,000
Minimum Balance
for
Sweep‐in and Sweep‐out
facility
Sweep‐in and Sweep‐out in
multiples of
Tenor of Term Deposit
(At applicable card rate)
50 000
50,000
2 00 000
2,00,000
5 00 000
5,00,000
10 00 000
10,00,000
10,000
10,000
25,000
25,000
15 to 91 days
4
Smart Banking Current Account Scheme (Contd..)
Sl.
No.
7
8
9
Particulars
Free Cheque Leaves
(per quarter)
RTGS/NEFT charges
Concession in Cash Deposit Charges‐
Base Branch
Local/ Outstation Non base Branch
10
11
Concession in Inter‐sol transfer transactions i) Local (same city/same clearing centre) ii)Outstation
Concession in Cash withdrawal
Charges:
i)Base Branch
ii)Local / Outstation non base
branch
VARIANTS
PNB SILVER
S
VARIANTS
PNB GOLD
GO
VARIANTS
PNB DIAMOND
O
VARIANTS
PNB PLATINUM
100
200
300
500
Free
Free
Free
Free
25 % of applicable charges
50 % of applicable charges 75 % of applicable charges
Free
25 % of applicable charges
50 % of applicable charges
75 % of applicable charges
Free
Free
Free
Free
Free
25 % of applicable charges
50 % of applicable charges
75 % of applicable charges
Free
Free
Free
Free
Free
25 % of applicable g
charges
50 % of applicable charges
g
75 % of applicable charges
g
Free
5
Smart Banking Current Account Scheme (Contd..)
Sl.
No.
Particulars
12
Instant credit of outstation
cheques
Maximum outstanding Amount at
any point of time irrespective of
the number of cheques ‐ after
ensuring
six
months
of
satisfactory operation in the
account.
Free Collection of outstation
Ch
Cheque
per quarter
t
maximum
i
upto Rs.
(Issued in favour of customer)
Annual Custody Charges for
Demat Services (except NSDL/
CDSL charges)
13
14
VARIANTS
PNB SILVER
S
VARIANTS
PNB GOLD
GO
VARIANTS
PNB DIAMOND
O
VARIANTS
PNB PLATINUM
15,000
20,000
50,000
1,00,000
0.50 lac
per quarter
t
2.00 lac
per quarter
t
5.00 lac per quarter
t
10.00 lac per quarter
t
Waived
Waived
Waived
Waived
30 nos
(Max. Amt. upto
Rs.10.00 lacs)
Free
15
Issue of Free Demand Drafts per
quarter
5 nos
(Max. Amt. upto Rs.0.50 lacs)
10 nos
(Max. Amt. upto Rs.2.00 lacs)
16
Stop Payment instruction charges
Free
Free
15 nos
(Max. Amt. upto
Rs.5.00 lacs)
Free
17
Account Statements
Free
Free
Free
Free
6
Smart Banking Current Account Scheme (Contd..)
Sl.
No.
Particulars
18
POS Machine‐
Installation Charges
Transaction Processing Charges
Merchant Service Fee
19
20
21
22
Credit
Card
(Corporate/
Individuals, i.e,
Proprietor,
Partners, Promoters & Directors
etc.)‐
Joining Fee/Renewal Fee/ Annual
Fee on Primary & Add on Card
PNB Fee Portal & Payfee
Fund Collection Module
Door Step Banking Services
i.i
T
Transaction
ti Charges
Ch
i.
Cash Handling Charges
iii. Agency Charges
(The charges are finalized by Circle
Offices)
VARIANTS
PNB SILVER
PNB SILVER
VARIANTS
PNB GOLD
PNB GOLD
VARIANTS
PNB DIAMOND
PNB DIAMOND
Applicable Charges
VARIANTS
PNB PLATINUM
PNB PLATINUM
50% concession on Free
Applicable Charges
Applicable Charges
50% concession on Free
Applicable Charges
Charges will be decided at HO Level on the basis of merit of each client.
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
25% concession on applicable charges
25% concession on CIT Charges decided by Circle Office
by Circle Office
Free
50% concession on applicable charges 50% concession on CIT Charges decided by Circle
decided by Circle Office
Free
75% concession on applicable charges
75% concession on CIT Charges decided by Circle
decided by Circle Office
Free
Free
(Ref: RMD/Cir. No. 67 dated 10.12.2011)
Free (No CIT Charges)
7
PNB Vidyarthi SF Scheme
•
•
•
•
Account can be opened/maintained with Zero balance.
O/D Facility: To meet the contingent/day to day needs of students who are
staying away from their parents for education and having secured admission
in recognized/reputed educational institutions, an Overdraft facility Initially
upto Rs. 5000/‐ which may be enhanced upto Rs. 10,000/‐ is provided.
Various Free Facilities like: Cheque book, Internet Banking, Free issuance of
draft for all type of fees/examination fees, Intersol transactions, ATM Cum
Debit card.
The account to be transferred to General category, after the Vidyatrhi attains
an age of 21 years.
(Ref: RBD/DEP/Cir. No. 26 dated 26.08.2005 & 8/2012 dated 28/01/2012)
8
Total Freedom Salary Account (TFSA ‐ SF A/c) Scheme
•
•
•
•
•
•
Account under the scheme can be opened/maintained with Zero balance.
Eligibility: Employee whose salary account is being opened should be a
permanent employee. Minimum number of accounts to be opened should
be 10 or 75% of the strength of the permanent employees of the corporate
((in that location),
), whichever is lower.
Zero balance account with O/D facility (maximum Rs. 50,000/‐ or last salary
credited in the account, whichever is less). The overdraft is adjustable any
time duringg the next six months salary(ies)
y( ) or in bullet repayment,
p y
if desired
by the account holder.
50% discount in one locker at the branch convenient to customer for 1st year
only.
y
Various Free facilities: Statement of Accounts, Issuance of interest certificate
and balance certificate, Issuance of ATM Cum Debit card, RTGS/NEFT
p Rs. 50,000/‐
Transaction upto
TFSA has been assigned the wrong code and due to this the scheme have
not been properly classified under TFSA in CBS leading to aberration in MIS.
9
(Ref: RBD/DEP/Cir. No. 50 dtd. 23.12.08, 4 dtd. 23.01.10 & 47 dtd. 29.08.11)
PNB Combo Scheme (Term Deposit)
ƒPNB COMBO Deposit Scheme provides a deposit product with special
ƒfeatures
f t
off Recurring
R
i Deposit
D
it & Fixed
Fi d Deposit
D
it (Maturity
(M t it basis).
b i)
ƒMaturity value of Recurring Deposit shall be automatically crystallized
into Fixed Deposit (Multi‐Benefit Option) and earn interest for remaining
tenure of the contract.
contract
ƒMonthly Installment with a minimum of Rs. 1,000/‐ or multiples thereof,
with a maximum of Rs 1 Lac.
ƒAgreement
Agreement for deposit shall be for a period of 36 months, 48 months, 60
months, 72 months and 84 months (including RD period of 12, 24 & 36
months).
ƒPenalty for late payment of installments shall be @ Rs. 2.00 per Rs. 1,000/‐
per month.
ƒPremature payment facility is available under the scheme.
ƒDemand Loan/Overdraft facility is available under the scheme.
(Ref: RRMD/DEP/Cir.
/
/
No. 30 dated 01.09.2010)
10
PNB Growth Term Deposit Scheme
•
•
•
•
•
•
•
•
Eligibility: Individual singly or jointly, minor, proprietorship, partnership,
commercial organizations, company, corporate body etc.
Option regarding interest: Income Option ‐( Outflow of interest), Maturity
Option ‐ (Interest re‐invested).
Amount: Minimum Rs. 1.00 Crore, and thereafter in multiples of Rs. 1 and
Maximum Rs. 10.00 Crore only
Period of Deposit: Maturity Option‐ 7 days to 120 months, Income Option‐
180 days to 120 months
Auto renewal: Permitted under the scheme
Premature withdrawal: Permitted with applicable penalty
Part withdrawal: Permitted under the scheme
Advances/Overdraft facility: Permitted under the scheme
(Ref: RBD/DEP/Cir. No. 37 dated 14.10.2008 & 21 dated 07.05.2010)
(Ref: RBD/DEP/Cir. No. 37 dated 14.10.2008 & 21 dated 07.05.2010)
11
PNB Bulk Term Deposit Scheme
•
•
•
•
•
•
•
•
•
Objective: For single deposits of above Rs. 10 Crores
Eligibility: Individual singly or jointly, minor, proprietorship, partnership,
commercial organizations, company, corporate body etc.
Option regarding interest: Income Option: (Outflow of interest) and Maturity Option: (Interest re‐invested)
Amount: Minimum Above Rs. 10 Crore, and thereafter in multiples of Rs. 1
Period of Deposit: Maturity Option
Option‐ 7 days to 120 months, Income Option
Option‐
180 days to 120 months
Auto renewal: Auto renewed for period of 14 days.
Premature withdrawal: permitted with penalty clause
Premature withdrawal: permitted with penalty clause.
Part withdrawal: Not permitted under the scheme
Advances/Overdraft facility: Permitted under the scheme
(Ref: RBD/DEP/Cir. No. 38 dated 14.10.2008 & 21 dated 07.05.2010)
12
PNB Tax Saver Scheme
•
•
•
•
•
Initial Deposit of Rs. 100/‐ only or in multiples thereof subject to maximum deposit of Rs 1.00 Lac per year.
Minimum deposit period 5 year and maximum 10 year.
Lock in period of 5 year.
Loan/OD is not permitted during the lock in period.
REBATE ON INCOME TAX under Sec 80 C
REBATE ON INCOME TAX under Sec. 80 C (Ref: RBD/DEP/Cir. No. 29 dated 11.08.2006)
13
Scheme for Road Accident Victims
•
•
•
•
•
•
•
Period of Deposit: For any period 12 months to 120 months. In case, the
Honorable Court directs fixed deposit tenor of more than 120 months, same
shall be auto renewed if the period exceeds 120 months.
Automatic Renewal: Auto renewal will be done for period prescribed by the
Court.
Interest: 1% above CARD rate of interest as applicable for normal Fixed
Deposit scheme for various tenors.
No premature cancellation permitted.
No loan/OD is permitted.
It is mandatory to open a Saving Fund account wherein monthly interest of
the Fixed Deposit shall be credited.
No cheque book is to be issued under the Saving Fund account without the
permission of the Court.
(Ref: RBD/DEP/Cir. No. 19 dated 01.05.2010)
14
PNB Bal Vikas Term Deposit Scheme
•
•
•
•
•
•
A child who has attained the age of 10 years and not beyond 18 years in
his/her own name on giving proof of age. Accounts in the name of minor,
below the age
g of 10 yyears will be opened
p
under natural/legal
g gguardian.
Minimum monthly deposit of Rs. 1000/‐ or multiples of Rs. 500/‐ for first 5
years under RD component. Thereafter, for another 5 years under TD
((income option–
p
Monthly/Quarterly
y
y as p
per mandate of depositor).
p
)
Total period of the scheme shall be 10 years.
Nomination, Auto renewal, Loan facility is available.
Payable at par on maturity at all branches
Payable at par on maturity at all branches.
Premature withdrawal facility is available. (Ref: RMD/DEP/Cir. No. 45 dated 08.11.2010)
15
PNB Capital Gains Scheme
•
•
•
•
The deposits may be made under the provisions of Sections 54, 54B, 54D, 54F
or 54G of the I.T. Act by any depositor intending to avail benefit under the said
section or sections of the Act.
There will be two types of deposit accounts:
– Deposit Account‐A: This account will be in the form of our existing Saving
Funds Account.
– Deposit Account‐B: This account will be in the form of our existing Term
Deposit Account (cumulative as well as non cumulative).
Transfer of the Account:
– Both the accounts, i.e., Account
Account‐A
A and Account
Account‐B
B can be transferred from
one deposit office to another deposit office of the same Bank.
Premature withdrawal is permitted before expiry of the period for which
deposit was made; rate of interest on such deposits shall be as applicable to
period for which deposit remained with deposit office, as a penalty for pre‐
mature withdrawal.
16
Cont.
Withdrawal from the account:
– Depositor having Account‐A, at any time after making initial deposit, can apply
on Form ‘C’ with Pass Book for withdrawal of amount.
– Depositor intending to make withdrawal from his Account‐B shall fit get his
account transferred in his account‐A.
– Withdrawal for more than Rs. 25,000/‐, will be allowed through crossed
demand draft.
ƒ Utilization of amount of withdrawal: At the time of any withdrawal from Account‐
A other then the initial withdrawal, depositor shall furnish in Form ‘D’, in duplicate,
the
h details
d il regarding
di manner and
d extent off utilization
ili i off amount off immediately
i
di l
preceding withdrawal.
• Closure of Account: If a depositor desires to close his account, he shall have to
apply to deposit office on Form ‘G’
G along with the approval of the Assessing Officer
with the Pass Book/Deposit Receipt. Deposit office shall pay the amount of balance
including interest accrued to depositor.
• Change or alienation: Amount standing to the credit of the depositor in any
account under the Scheme shall not be offered as security for any loan or
guarantee and shall not be charged or alienated in any manner, whatsoever. 17
(RBD:DEP:CIR:No. 43 dated 08.12.2005)
Recurring Deposit Scheme
•
•
•
•
•
•
RD schemes provides an opportunity to build up savings through regular
monthly deposits over a fixed period of time with twin advantages of
affordabilityy and higher
g
returns.
Low minimum monthly deposit amount of Rs. 100/‐ only.
Encourages savings without stress on finances. High rates of interest (identical to the fixed deposit rates)
High rates of interest (identical to the fixed deposit rates). Period of deposit ranging from 6 months to 120 months in multiples of 3
months.
L
Loans against deposits available. i td
it
il bl
(MC No. 13/93 dated 24.06.1993 and MC No. 137/98‐22.12.98)
18
Flexi Recurring Deposit Scheme
•
•
•
•
•
•
•
Flexi RD scheme has been designed to cater to the needs of persons with
fluctuating income. Person having fixed income but variable surplus can also
take advantage of this.
The depositor can choose a core monthly instalment with a minimum of
Rs. 100/‐ or above in its multiples. The depositor can deposit 10 times of
core amount in a month.
Encourages savings without stress on finances. Non‐applicability of Tax Deduction at Source (TDS).
High rates of interest (identical to the fixed deposit rates). Flexibility in period of deposit with maturity ranging from 6 months to 120
months.
Loans against deposits available. (MC No. 80/1996 Dt. 15.01.1996 7 MC No. 158/2000 dated 22.01.2000)
19
PNB Dugna Scheme
ƒ
ƒ
ƒ
ƒ
ƒ
ƒ
ƒ
ƒ
Minimum Rs. 5000/= (Maximum Rs. 1 Crore per day), in multiples of Rs. 1/=.
Period of deposit: 94 months
Rate of Interest: 9.00% (General); 9.50% (Senior Citizen)
Maturity value with principal of Rs.
Rs 100/
100/‐ for general customer Rs.
Rs 201.00
201 00 &
for senior citizens Rs. 209.00
Interest is re‐invested on the deposit amount (quarterly compounded)
without Income option.
Auto renewal of fixed deposit is permitted under the scheme for one year
under regular scheme.
Premature payment facility is available under the scheme.
Demand Loan/Overdraft facility is available under the scheme.
(RRMD:CIR:No. 31 dated 03.09.2010 & RMD:CIR:No. 51 dated 09.12.2010
and 07/2011 dated 03.02.2011 )
20
PNB Lakhpati RD (A) Scheme
ƒ This scheme would enable the depositor to become a “Lakhpati”.
ƒ Maturity proceeds will be reinvested under FD Spectrum Scheme
(under maturity option) for one year only at applicable card rate of interest
at the time of maturity,
y, if not withdrawn byy the account holder.
ƒ Auto renewal of fixed deposit is permitted under the scheme for one year.
ƒ Premature payment facility is available under the scheme.
ƒ Existing Variants under the scheme:
Amount of Instalment Period in months
ROI
Rs. 1000
Rs.
1000
Rs. 1500
Rs. 1340
Rs. 1300
78 78
57
60
63
9.00%
9.25%
9.00%
9.00%
Cont.
21
New Variants introduced w.e.f. 10.12.2010:
Amount of Instalment
Rs. 1070
Rs. 880
R 730
Rs. Rs . 620
Rs. 530
•
•
Period in months
Period
in months
72
84
96
108
120
ROI
9.00%
9.00%
9 00%
9.00%
9.00%
9.00%
Nomination, Loan, Auto renewal, Premature withdrawal facility available.
Payable at par on maturity at all branches.
(Ref: RRMD/DEP/Cir. No. 32 dated 06.09.2010, 38 dated 01.10.2010, 39
dated 04.10.2010, 42 dated 20.10.2010 and 52 dated 10.12.2010 and
07/2011 dated 03.02.2011 )
RMD‐H.O.
22
PNB Lakhpati RD (B) Scheme
ƒ PNB Lakhpati Scheme provides a deposit product with special features of
Recurring Deposit & Fixed
d Deposit (Maturity
(
b )
basis).
ƒ Maturity value of Recurring Deposit shall be automatically crystallized into
Fixed Deposit (Multi‐Benefit Option) and earn interest for remaining tenure
of the contract.
ƒ Amount
A
t off Recurring
R
i Deposit
D
it installment
i t ll
t & period
i d off deposit
d
it (RD & FD):
FD)
Amount of installment may be deposited in multiples of Rs. 100/‐ and total
period of deposit 120 months.
ƒ RD period may be 24, 36, 48 & 60 months whereas FD period may be 96, 84,
72 & 60 months as per choice of customer.
customer
ƒ Period of Scheme: Upto 31.03.2011 (if not withdrawn by the Bank earlier).
ƒ Maturity: Deposit shall mature on due date which shall be linked to date of
opening of the RD account.
ƒ Premature payment facility is available under the scheme.
scheme
ƒ Demand Loan/Overdraft facility is available under the scheme.
(Ref: RRMD/DEP/Cir. No. 32 dated 06.09.2010, 38 dated 01.10.2010, 39
dated 04.10.2010, 42 dated 20.10.2010 and 08/2011 dated 04.02.2011)
23
PNB 555 Days Scheme
y
•
•
•
•
•
Minimum amount of deposit is Rs. 10,000/‐ and thereafter in multiples of
Rs. 1,000/‐. However, maximum deposit accepted under the scheme shall be
Rs. 10 Crore p
per day.
y
Tenor of deposit is 555 days with applicable interest rate of 9.30%.
Premature payment facility is available under the scheme.
Demand Loan/Overdraft facility is available under the scheme.
scheme
Scheme of 777 days discontinued w.e.f. 01/02/2012
(RMD:DEP:CIR: No. 44 dated 30.10.2010 & 36 dated 15.06.2011)
24
PNB 1111 Days Scheme
•
•
•
•
•
•
Minimum amount of deposit is Rs. 100/‐ and thereafter in multiples of Rs. 1/‐
However, maximum deposit accepted under the scheme shall be Rs. 10 Crore
per day
Tenor of deposit is 1111 days only with applicable interest rate of 9.50%
Period of Scheme: Scheme shall remain operative w.e.f. 01.02.2011 till the
time it is withdrawn by the Bank
Premature payment facility is available under the scheme
Demand Loan/Overdraft facility is available under the scheme
Scheme of 1000 days discontinued w.e.f.
w e f 01/02/2012
(RMD:DEP:CIR: No. 06 dated 02.02.2011 & 36 dated 15.06.2011)
25
PNB SUVIDHA WITH PULL SWEEP FACILITY ™ Product is most suitable for customers, who maintain multiple accounts of
multiple
lti l scheme
h
t
types,
f better
for
b tt fund
f d managementt across the
th branches.
b
h
™ The customer accounts under scheme types like SBA (Saving Fund), CAA
(Current Account), CCA (Cash Credit Account), ODA (Overdraft Account), TDA
(Fle i Fixed
(Flexi
Fi ed Deposits) can be marked for pulling.
p lling the order of sweep
s eep has been
set like SBA, CAA, ODA, CCA, TDA (flexi fixed deposits).
™ Contribution to the Pool:
¾ For Debit
bi balance
b l
account, Effective
ff i available
il bl amount = (Sanction
(
i limit/Drawing
li i /
i
Power which ever is less+ Adhoc limit, if any) – (Clear bal amount+ Lien, if any+
System Reserved amount, if any)
¾ For Credit balance account,
account Effective available amount = (Clear bal amount+
Sanction limit/Drawing Power which ever is less, if any) – (Lien, if any+ System
Reserved amount, if any)
¾ System will first identify all the positive balance accounts and then the negative
balance accounts for contribution.
RMD‐H.O.
26
™ Minimum Quarterly Average Balance/ Sanctioned Limit Requirement
Service Charges:
Particulars
Min. Bal./QAB (in last quarter)
Service Charges
Upto 4 Accounts
Qtrly Rs.4 Lac in any of SF/CA
OR
Rs. 4 Lac limit in CC/OD
Free of Charge.
4 Qtrly Rs.4 Lac in any two of SF/CA
AND/OR
Rs. 4 Lac limit in any two CC/OD
Free of Charge.
More
than
Accounts
&
(RMD:DEP:CIR: No. 55 dated 24.12.2010)
27
MULTI BENEFIT TERM DEPOSIT SCHEME
•
•
•
•
•
•
•
Initial Deposit of Rs.100/‐ only, and thereafter in convenient multiples of
any amount of Rupees with a maximum amount of Rs.99,99,999/‐
At PAR Collection of Term Deposit Receipt
At PAR Collection
of Term Deposit Receipt
Payable at all Branches (Only on Maturity)
Loan/Overdraft facility available
Automatic Renewal: The provision of automatic Renewal is available
provided the customer has given the mandate while opening the account
Availability of Premature Cancellation
Extension of Term Deposit
(RMD:DEP:CIR: No. 26 dated 07.04..2011)
(RMD:DEP:CIR: No. 26 dated 07.04..2011)
RMD‐H.O.
28
SPECIAL TERM DEPOSIT SCHEME
SPECIAL TERM DEPOSIT SCHEME
•
•
•
•
•
•
•
•
IInitial
i i l Deposit
D
i off Rs.100/‐
R 100/ only,
l and
d thereafter
h
f
i convenient
in
i
multiples
l i l off
any amount of Rupees with a maximum amount of Rs.99,99,999/‐.
Monthly/Quarterly Interest payment option.
At PAR Collection of Term Deposit Receipt;
Payable at all Branches (Only on Maturity)
Loan/Overdraft facility available.
y
Automatic Renewal: The provision of automatic Renewal is available provided the customer has given the mandate while opening the account.
Availability of premature cancellation
Availability of premature cancellation
Extension of term deposit
(RMD DEP CIR N 23 d t d 07 04 2011)
(RMD:DEP:CIR: No. 23 dated 07.04..2011)
29
PNB ORDINARY TERM DEPOSIT SCHEME
•
•
•
•
•
•
•
•
•
•
•
The Term Deposit Ordinary (TDO) account can be opened with a minimum
deposit of Rs.100/‐ as initial deposit and thereafter in multiples of Re.1/‐ with
maximum amount of Rs.99,99,999/‐
For the period ranging from 7 days to 179 days
At PAR Collection of Term Deposit Receipt
Payable at all Branches (Only on Maturity)
Loan/Overdraft facility available
Automatic Renewal Permitted
Availability of Premature Cancellation
E t i off Fixed
Extension
Fi d Deposit
D
it
The rate of interest shall be payable in accordance with the circulars issued
by the Bank from time to time. Interest shall be paid at simple rate.
Conversion to any other Term Deposit scheme is allowed
(Ref : RMD Cir No. 14/2011 dated 16.03.2011)
30
ANUPAM TERM DEPOSIT SCHEME •
Initial Deposit of Rs.10000/
Initial
Deposit of Rs.10000/‐ only, and thereafter in multiples of Rs.1000/
only, and thereafter in multiples of Rs.1000/‐
with a maximum amount of Rs.99,99,000/‐
•
In built Overdraft Facility
In built Overdraft Facility.
•
Facility of further deposits in the same account and automatic
enhancement of overdraft limit.
limit
•
Payable at all Branches (Only on Maturity)
•
For period ranging from 6 months to 120 months. (
(RMD:DEP:CIR: No. 27 dated 26.04..2011)
)
RMD‐H.O.
31
SUGAM TERM DEPOSIT SCHEME •
•
•
•
•
•
•
Initial Deposit of Rs.10000/‐ only, and thereafter in multiples of Rs.1000/‐
with a maximum amount of Rs.10 Crore/.
For period ranging from 46 Days to 120 months.
Facilityy to withdraw anyy amount before maturityy in multiples
p of Rs.1000
any time without breaking the entire deposit and without losing interest
on the remaining deposit under the scheme.
Facilityy of Auto Renewal available.
Payable at all Branches (Only on Maturity)
Premature renewal: Extension in the period of deposit before maturity is
permitted.
permitted
No penalty to be levied and the interest payable to be contractual rate or
the rate under the scheme on the contractual date applicable for the
tenor for which the deposit has run,
run whichever is lower.
lower
(RMD:DEP:CIR: No. 26 dated 13.04..2011 and 50 dated 03.10.2011)
32
PNB VARSHIK AAY YOJANA (VAY) DEPOSIT SCHEME
•
•
•
•
•
•
•
•
•
•
Rs.10,000/
Rs
10 000/‐ and in multiples of Rs.1000/
Rs 1000/‐ thereof.
thereof The maximum amount
permitted under the scheme is Rs.99, 99,000/‐
The deposit will be accepted for 24, 36, 48, 60, 72, 84, 96, 108 & 120 months
onlyy
At PAR Collection of Fixed Deposit Receipt
Payable at all Branches (Only on Maturity)
Loan/Overdraft facility available
Automatic Renewal is permitted
Availability of premature cancellation
Extension of fixed deposit is permitted
Th rate
The
t off interest
i t
t shall
h ll be
b CARD rates
t and
d payable
bl in
i accordance
d
with
ith the
th
circulars issued by the Bank from time to time
Conversion to any other Term Deposit scheme is allowed
(RMD DEP CIR No.
(RMD:DEP:CIR:
N 13 dated
d t d 16.03..2011)
16 03 2011)
33
PROSPECTIVE SENIOR CITIZEN DEPOSIT SCHEME
•
•
•
•
•
•
•
•
•
•
•
The Scheme shall be applicable for the age of 55 years and above and up to
60 years.
Rs.100/‐ and in multiples of Rs.1/‐ thereof. The maximum amount permitted
under the scheme is Rs.99, 99,999/‐
Under Income Option,
Option the deposit will be accepted from 1 year to 10 year in
complete months/quarter as opted by depositor. Under Maturity Option any
period between 1 year to 10 year
At PAR Collection of Fixed Deposit Receipt
Payable at all Branches (Only on Maturity)
Loan/Overdraft facility available
Automatic Renewal is permitted
Availability of premature cancellation
Extension of fixed deposit is permitted
The rate of interest shall be CARD rates and payable in accordance with the
circulars issued by the Bank from time to time
Conversion to any other Term Deposit scheme is allowed
34
(RMD:DEP:CIR: No. 45 dated 01.08.2011)
Premium Customer/HNIs
•
•
•
•
The criteria for Premium Customer/High Networth Individual (Savings):
“Total Relationship Value (TRV) of Rs 5.00 Lakh with minimum SB balance of Rs 0.50 Lakh OR Quarterly Average Balance of Rs 1.00 Lakh or above in the SB account in the preceding quarter”
SB account in the preceding quarter
Once a customer is identified as HNI/Premium Customer, he/she continues to
be classified as Premium Customer for always/forever, even if TRV or
Quarterly average balance goes down the benchmark
High Value customer shall have only One Touch Point/single window dealing
in the branch
A separate
t area for
f Relationship
R l ti hi Manager
M
and
d HNI clients
li t is
i created
t d and
d
named “Privilege Lounge”
(RMD DEP CIR No.
(RMD:DEP:CIR:
N 49 dated
d t d 06.12.2010)
06 12 2010)
35
ASBA Facility
•
•
•
•
•
•
•
•
•
The facility may be used for applying in public issue of companies.
companies
PNB is registered with SEBI as Self Certified Syndicate Bank (SCSB).
SCSB is the bank offering facility of applying through ASBA process.
The investor is required to have an account with any of our Branch.
The money remains in the account and earns interest.
Lien is marked and the moneyy is appropriated
pp p
on allotment without
involvement of physical refund.
No cheque is issued.
There is no clearing of instrument.
ASBA facility is also available to investor directly through a link on
www.pnbindia.com or www.pnbindia.in
36
37