Punjab Gramin Bank

Punjab Gramin Bank

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PGB Sugam Term Deposit Scheme

The perfect blend of fixed deposit returns and savings account liquidity.

Unique Liquidity Feature:

Partial Withdrawal Facility: You can withdraw any amount before maturity (in multiples of Rs. 1000/-) without breaking the entire deposit.

The remaining deposit continues to earn the original, high interest rate.

Scheme Details and Parameters

  • Deposit Amount:

    Min: Rs. 10,000/-. Max: Rs. 10.00 Crore.

  • Deposit Tenure:

    Ranging from 46 Days to 120 months (10 years).

  • Demand Loan/Overdraft:

    Available for deposits of Rs 10,000/- and above.

  • Automatic Renewal:

    Available upon mandate at opening.

  • Payment on Maturity:

    Payable at par in all PGB branches.

  • Nomination Facility:

    Available.

Interest Rate:

Competitive Interest Rate (Contact Branch)

*Interest rates are subject to change. Rates applicable as per policy on the date of deposit.