PNB Ordinary Term Deposit Scheme

Brief features of the product:

PARAMETERS FEATURES*
Eligibility Individual (singly or jointly) with others.
Minor who have attained the age of 10 years and above in his own name on giving proof of age.
Proprietorship/Partnership Firm, Commercial Organization, Company /Corporate Body.
Hindu Undivided Family.
Association, Club, Society, Trust or Religious/Charitable or Educational Institutions.
unicipality or Panchayat, Government or Quasi-Government Body.
lliterate and blind persons can also open the account
Deposit Amount The Term Deposit Ordinary (TDO) account can be opened with a minimum deposit of Rs.100/- and thereafter in multiples of Rupee one (Re.1/-) with maximum amount of Rs.1,99,99,999/.
Period of Deposit For any period from 7 days to 179 days.
Interest Card Rate as per guidelines issued by HO: IRMD, ALM Cell, from time to time.
Demand Loan/Overdraft facility Deposits for Rs.10,000/- and above on written request shall be eligible for Demand Loan/overdraft facility.

* Other terms and conditions as per general guidelines


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