Categories: Fixed DepositFixed IncomePSU/Govt FD

PNB Housing Finance Ltd Deposit Schemes

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

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Website: PNB Housing Finance Ltd Deposit Schemes

Amit

Hi Readers! I am Amit, the mind behind Apnaplan.com I am MBA from NITIE, Mumbai and BIT from Delhi University. This blog is my online diary where I write about my tryst with my investment decisions. In the 400+ posts on this blog you will find articles on Personal Financial Planning, Investments, Retirement Planning, Insurance, Loans, Fixed Deposits, Provident Funds, Stock Markets, Gold, Silver, Real Estate Investment, Credit Cards, Credit Score, Taxation, Inheritance Planning and Reviews on various Financial Products.