PNB launches two new retail term deposit schemes

On the occasion of festival season, PNB launches two new retail term deposit schemes for 555 days & 1000 days at an attractive interest rate of 7.50% & 7.60% respectively.

PNB 555: PNB 555 Days term deposit scheme at an attractive interest rate of 7.50% (Compounded quarterly). 

PNB 1000: PNB 1000 Days term deposit scheme at an attractive interest rate of 7.60% (Compounded quarterly).

Both these schemes shall be operative for a period of 2 months i.e., from 01.11.2010 to 31.12.2010.  Both the said Schemes shall contain all the features as available in our other term deposit schemes viz. loan/overdraft against term deposits, nomination facility, payable at par on maturity at any branch etc.