Punjab National Bank Housing Finance Domestic Term Deposits FD

What is PNB Housing Finance Domestic Term Deposits FD

Punjab National Bank Housing Finance Domestic Term Deposits FD is a fixed deposit scheme available to its customers in India. These deposits provide a fixed rate of interest for a set time, ranging from 12 to 120 months. Customers can select their preferred tenure and interest payout frequency.

Eligibility Criteria for PNB Housing Finance Domestic Term Deposits FD

• The applicant must be an Indian citizen or a resident of India to open a Punjab National Bank Housing Finance Domestic Term Deposits FD
• The applicant must also be of legal age
• The applicant must possess valid identification documents such as an Aadhaar card, a PAN card, a passport, a voter ID, or any other government-issued identity proof.
• Corporate entities such as corporations, partnership firms, and trusts can open Term Deposit accounts as well. 

Documents Required to open a PNB Housing Finance Domestic Term Deposits FD

A few basic documents are required to open a Punjab National Bank Housing Finance Domestic Term Deposits FD account.

• A valid identification proof, such as an Aadhaar card, PAN card, Passport, Voter ID, or any other government-issued identity proof, is necessary.
• A recent utility bill, rental agreement, or any other valid address proof document must also be provided by the applicant.
• Additional documents, such as the incorporation certificate, partnership deed, or trust deed, are required if the applicant is a corporate entity such as a company, partnership firm, or trust.
• The corporate entity’s authorised signatories must also provide valid identification and proof of address.
• Furthermore, the applicant must provide information about their savings or current account. 

KEY ATTRACTIONS of PNB Housing Finance Domestic Term Deposits FD

Punjab National Bank Housing Finance Domestic Term Deposits FD provides several key benefits to their customers.

• These include fixed-term guaranteed returns on investment, making it a safe and stable investment option. In addition, PNB Housing Finance offers competitive interest rates that are based on the duration of the deposit, allowing customers to earn higher returns on their savings.
• Customers can select from various tenure options ranging from 12 to 120 months, depending on their investment objectives.
• PNB Housing Finance also provides flexible interest payment options such as monthly, quarterly, semi-annually, and annually.
• Customers with a minimum investment of Rs. 10,000 can open a Term Deposit account.
• The bank also has a simple application process, and customers can apply online.

Features & Benefits of PNB Housing Finance Domestic Term Deposits FD

• Punjab National Bank Housing Finance Domestic Term Deposits FD provides guaranteed returns on investment, competitive interest rates, and flexible tenure options ranging from 12 to 120 months.
• The deposits also include flexible interest payout options such as monthly, quarterly, semi-annually, or annually, allowing customers to select the frequency of their interest payouts.
• A Term Deposit account requires a minimum investment of Rs. 10,000 to open, making it accessible to a wide range of customers. 

How to Apply for PNB Housing Finance Domestic Term Deposits FD

• Customers can apply for PNB Housing Finance Domestic Term Deposits in person at any of the bank’s branches or online through the bank’s website.
• To open a Term Deposit account, customers must submit the required documents as well as a completed application form.
• Customers can also apply online through the bank’s website or mobile app, completing the process in a few simple steps.