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PNB Recurring Deposit Scheme (e-RD)

Internet Banking

Features:

  • Applicable to Internet Banking Users only.
  • For existing customer having operative Saving / Current Account.
  • The mode of operation, nomination & Sr. Citizen preferential rate shall remain the same from which the recurring deposit is to be funded.
  • Acceptance of terms & Conditions is mandatory prior to issue of e-RD.
  • e-RD will be issued to only those wherein the valid PAN document is held in the funded account. Tenor of Deposit would be as per respective scheme as displayed on Banks` website.
  • Nomination will continue to be same as in the funded account
  • Proceeds on maturity shall be credited in the account through which the term deposit was funded.
  • Parent branch to be visited for closure/pre-mature closure of e-RD account
  • Rate of interest would be Card rate (LINK) as applicable to the tenor of deposit as displayed on website, subject to change from time to time.
  • Nomination facility is available..
  • TDS is applicable as per rules. The Bank will issue TDS Certificate for the tax deducted.

Deposit

  • PNB Mobile App
  • PNB Customer Support
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