PNB Housing Finance Ltd. was incorporated in 1988 and operates as a subsidiary of Punjab National Bank. It is based in New Delhi, India with branches in all major cities in India. PNB Housing Finance, Ltd. offers loans for purchase/construction of property, flat, houses, and apartments to resident Indians and NRIs.
Features and Benefits of PNB Housing Finance Ltd Deposit Schemes:
- FAA+ rating by CRISIL, which means High safety
- No tax to be deducted at source on interest income upto Rs. 5000/- in a financial year
- Loan facility up to 75% of deposit available from all branches of the company and also of Punjab National Bank
- Encashment of cheques in respect of interest and repayment of deposits AT PAR by selected branches of PNB
- Premature cancellation allowed after 3 months on the discretion of the company
- Nomination Facility available as per NHB guidelines
|Period (Months)||FD Half-Yearly Deposit||CD Half-Yearly Deposit|
|12 and 24 Months||9.50%||9.50%|
|36, 48 and 60 Months||9.75%||9.75%|
|72 and 84 Months||9.25%||9.25%|
Interest rate for Senior citizens age above 60 years shall be at 0.50% higher than above rates.
For more details download form below
Website: PNB Housing Finance Ltd Deposit Schemes