RECURRING DEPOSIT Key features- ü Monthly deposits of Minimum Rs.100/- no maximum. ü Minimum period 12 months maximum 120 months. ü Rate of interest as applicable to Bank’s fixed Deposit for the period of the RD. ü Loan / Overdraft up to 90% available against the balance in RD account. ü TDS is not applicable. Most Important Terms & Conditions 1. Monthly Rs. 100/- no maximum. b) Deposit in Multiple of Rs.10/- 2. Minimum period 12 months maximum 120 months 3. Rate of interest as applicable to Bank’s Fixed deposit for the period of the RD 4. Premature withdrawal allowed at 0.5% below the rate applicable for the period the deposit has remained with the Bank 5. Loan / Overdraft facility available against the balance in RD account 6. Penalty charges for non-Deposit of monthly instalments: a. For a/c of period 5 years and less --Rs. 1.50 per Rs. 100/- per month b. For a/c of period above 5 years- Rs. 2.00 per Rs. 100/- per month 7. No Cheque Book / ATM Card will be issued 8. Passbooks are issued 9. Nomination facility available. Get trained from an expert Mr ANIL AGGARWAL(EX CHIEF MANAGER PNB, WAS MEMBER, INTERVIEW SELECTION COMM ) for forthcoming interviews. Call HIM@09811340788(OUR SUCCESS RATE AS 81.8%.in 2013-14 for BANK INTERVIEWS)
Posted on: Fri, 08 Aug 2014 08:34:10 +0000
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