PGB Multi Benefit Term Deposit Scheme
Maximize returns with high flexibility and compounding power.
Deposit Amount
Min: Rs. 100/- (and thereafter in multiples of Rs. 1/-).
Max: Rs. 99,99,999/-.
Tenure
Available for any period from 180 days (6 months) to 120 months (10 years).
Key Flexibilities
Loan/Overdraft Facility:
Available. You can avail a loan or overdraft facility against the deposit, providing crucial liquidity when needed.
Automatic Renewal:
Available. Provided the mandate is given at the time of account opening, the deposit will auto-renew upon maturity.
Flexibility in Term:
Availability of premature cancellation or extension of the term deposit is provided (cancellation may attract penalty as per Bank rules).
Payment on Maturity:
The maturity amount is payable at all PGB branches.
Nomination Facility:
Available as per Bank rules, ensuring the safety of your funds for your nominee.
Current Interest Rate:
6.60% p.a. (subject to change)
*Senior Citizen rates are higher.