PNB Systematic Deposit Plan

Brief features of the product:

  • Individual (singly or jointly) with others.
  • Minor who have attained the age of 10 years and above in his/her own name on giving proof of age.
  • Minors below the age of 10 years under guardianship of Natural/legal guardian.
  • In this names of entities other than Individuals such as firms, clubs, asociations, trusts, educational institutions, Municipal Corporations, Panchayat,Govt. and quasi-Govt.bodies, Co-operative societies, religious or charitable institutions, HUFs and Corporate etc.
  • A depositor has to choose a core monthly installment with a minimum of Rs.100/- or above with a capping on maximum amount. The monthly installments during the tenure of the deposit account shall not exceed ten times of such core amount in any month.

Terms & Conditions:

  • 6 months to 60 months.
  • No Penalty for late deposit.
  • Loan/ Overdraft against deposit is available. For detail, please refer to loan against term Deposit
  • Rate of interest would be Card rate as applicable to the tenor of deposit as displayed on website, subject to change from time to time.
  • Interest will be paid half yearly calculated on daily product basis.
  • Nomination facility is available.
  • TDS is applicable as per rules. The Bank will issue TDS Certificate for the tax deducted.
  • Rewarded


    Earn reward points on transactions made at POS and e-commerce outlets

  • Book your locker

    Book your locker

    Deposit lockers are available to keep your valuables in a stringent and safe environment

  • Financial Advice?

    Financial Advice?

    Connect to our financial advisors to seek assistance and meet set financial goals.

  • ATM & Branch Network

    ATM & Branch Network

    Find PNB Branches and ATMs in proximity to your location.

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