Direct tax/Income tax
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Bank has launched EMV chip based debit card
We are privileged to introduce to you our new product, a Prepaid PNB World Travel Card
Corporate clients even who is not listed in any of the stock exchanges
The Debit Card offers at a glance.
Loans and Advances may be granted against deposits lying to the credit of the borrowers and/or third parties.
It can be extended at any branch of the bank, after getting the lien noted and verification of signature.
The margin for advance granted against Rupee Term Deposit included NRE deposits is as under:
If there is any erosion in the minimum margin after granting such loan/ advances, bank has the discretion to call upon the borrowers to bring in the funds to make good the shortfall in the minimum margin or to liquidate the outstanding balance of loan/advance by closing the term deposit prematurely after serving proper notice to the borrower.
While granting advance against term deposits where TDS is applicable, the total tax deductible u/s 194A of Income Tax on interest of such term deposits is also to be reduced from the amount of advance/DP/limit.
Click here to view Interest Rates
Earn reward points on transactions made at POS and e-commerce outlets
Deposit lockers are available to keep your valuables in a stringent and safe environment
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