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
PNB Housing Finance Ltd Deposit Schemes Form
Website: PNB Housing Finance Ltd Deposit Schemes
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