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    PNB Saksham Deposit Scheme

    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6.8% - 7.2% Quarterly compounding
    Response Time Within 30 minutes
    Up to ₹1Cr
    7 Days to 10 Years
    4.25% - 8.3% Quarterly compounding
    Response Time Within 30 minutes
    Fixed Deposit BYTES FROM OUR KITCHEN

    PNB Saksham Deposit schemes is a very reliable fixed deposit product that takes care of the recurring financial needs of the individual depositing over and above the particular interest income earned on term deposit through regular monthly payout that consists of interest along with the partial amount of the principal.

    Eligibility Criteria for applying for PNB Saksham Scheme

    Account Type: Type of individual (singly or jointly), Association, Club, Society, Trust or Religious/ Charitable and Educational Institutions, etc.

    Others: Illiterate or visually handicapped can also have this fixed deposit account

    Type of Payment: Regular monthly payout consisting of interest plus part of principal.

    Features of PNB Saksham Scheme

    Account Type

    Single and Joint for Association, Club, Society, Trust or Religious/ Charitable and Educational Institutions, etc. available

    Amount

    Minimum Amount: Rs.25000/-

    Maximum Amount: Thereafter in multiple of Re.1/- subject to maximum of Rs. 10 Crore

    Rate of Interest

    As per card rate of the term deposit of various tenors, given below in the Interest Rate section.

    0.50% additional interest to Senior Citizens over and above the normal interest applicable.

    Period (Multiple of 3 months)

    Minimum: 12 months

    Maximum: 120 months

    TDS

    None mentioned

    Loan against ----Bank---- Scheme

    N.A.

    Nomination (if any)

    N.A.

    Auto Renewals

    N.A.

    PNB Saksham Scheme Interest Rates

    Rate of Interest on Single Domestic Term Deposits (TD) and NRE Term Deposits of upto Rs.10 cr (w.e.f. 26.11.2015) as on December 1, 2015. Rates are subject to change on the bank’s discretion.

       

    Domestic TD Less than Rs.1 cr.

    Domestic TD Rs.1 cr. To Rs 10 cr #

    NRE TD Less than Rs. 1 cr

    NRE TD Rs. 1 cr. To Rs. 10 cr.

    PNB Tax Saver FD

    Sl. No

    Period

    ROI (% p.a.)

    A.Y.*

    For Senior Citizen ROI (% p.a.)

    ROI (% p.a.)

    A.Y.*

    ROI (% p.a.)

    ROI (% p.a.)

    ROI (% p.a.)

    1

    7 to 14 days

    4.25

    4.25

    4.75

    4.00

    4.00

    NA

    NA

    NA

    2

    15 to 29days

    4.25

    4.25

    4.75

    4.00

    4.00

    NA

    NA

    NA

    3

    30 to 45 days

    4.75

    4.75

    5.25

    4.00

    4.00

    NA

    NA

    NA

    4

    46 to 90 Days

    6.25

    6.25

    6.75

    5.00

    5.00

    NA

    NA

    NA

    5

    91 to 179 days

    6.50

    6.50

    7.00

    5.75

    5.75

    NA

    NA

    NA

    6

    180 days to 270 Days

    7.00

    7.06

    7.50

    6.50

    6.55

    NA

    NA

    NA

    7

    271 days to less than 1 year

    7.00

    7.12

    7.50

    6.50

    6.61

    NA

    NA

    NA

    8

    1 year & upto 2 years

    7.50

    7.71

    8.00

    7.00

    7.19

    7.50

    7.00

    NA

    9

    above 2 year & upto 5 years

    7.25

    7.73

    7.75

    6.75

    7.16

    7.25

    6.75

    7.25

    10

    above 5 years & upto 10 years

    7.25

    8.65

    7.75

    6.75

    7.95

    7.25

    6.75

    PNB Saksham Scheme FAQs

    1. Is the PNB Saksham Scheme usable for handicapped people?

      Yes, visually challenged people can apply for this loan.

    2. What is the minimum time period for a term deposit?

      12 months is the minimum time period for a term deposit.

    3. What is the maximum time period for a term deposit?

      120 months is the maximum time period for a term deposit.

    4. What is the minimum amount that may be deposited?

      The minimum amount that can be deposited is Rs. 25,000

    5. What is the maximum amount that may be deposited?

      Rs. 1 crore is the maximum amount that may be deposited.

    Useful Information on PNB Fixed Deposit

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