PNB Housing Finance Ltd Deposit Schemes

PNB_HFL_fixed_deposit_schemePNB 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 DepositCD Half-Yearly Deposit
12 and 24 Months9.50%9.50%
36, 48 and 60 Months9.75%9.75%
72 and 84 Months9.25%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

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