Monday, January 10, 2011

New Deposit Schemes for NRI customers of PNB

Punjab National Bank has come up with two new schemes for the NRI customers of the bank. The two new schemes offered are FCNR Premium linked Deposit scheme and NRI Rupee Flexible Deposit scheme.

Premium linked Deposit applies to the term deposit accounts that have deposit period of one year and in currency only (USD, Euro, GBP, CAD and AUD).

Rupee Flexible Deposit scheme allows the NRI customers to withdraw principal amount from their Fixed Deposit account without attracting penalty on the remaining deposit.

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