High Safety Assurance:CRISIL Rating - AA/Positive
Loan Facility up to 75% of deposit available from all PNB Housing Branches.
No Tax to be deducted at source on interest income upto INR 5000 per financial year
Nomination Facility available

Fixed Deposit

Interest Rate

7.75% P.A

0.30%* extra for Senior Citizens

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    The yield mentioned is calculated using the first month of each tenure grid.

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    The above-mentioned Rate of Interest’s are subject to change at the sole discretion of PNB Housing.

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    Senior citizens (above 60 years) will be eligible for an additional 0.30% Rate of Interest.

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    Senior citizen special rates are applicable for deposits up to ₹ 1 crore.

Fixed Deposit

Documents Required

Documentation plays a vital role in the Fixed Deposit application process. At PNB Housing, we understand the importance of simplicity and convenience for every depositor. Therefore, we have designed a minimal and hassle-free documentation process for Fixed Deposits. To open a Fixed Deposit with PNB Housing, please refer to the following list of required documents:

For Resident Indian

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    One latest passport size photograph

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    Self- attested copy of PAN card

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    Self-attested copy of Aadhaar Card, Voter ID Card, Driving License, Passport & NAREGA Card

For Non-Resident Indian

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    Self-attested copies of passport (first and last four pages of the passport)

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    Valid work permit/ employment visa, Residence visa/ Residence permit

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    Valid address proofs (Indian and overseas) Contact us for Deposit

For Trusts, Associations and Clubs

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    Trust Deed

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    Registration Certificate

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    Copy of Resolution of Investment

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    Trust’s PAN Card Copy

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    Trust’s Address Proof

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    Specimen signatures of authorized persons

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    Photograph, PAN Card, address proof of signing authorities

Public/Private Ltd. Company, Co-operative Societies,Co-operative Banks

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    Copy of Memorandum & Articles of Association/Bye-laws

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    Copy of Resolution of Investment

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    Specimen signatures of authorized persons

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    Photograph, PAN Card, address proof of signing authorities

Partnership Firm

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    Declaration of partnership by partners

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    Name and address of partners

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    Specimen signatures

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    PAN Card copy of the firm

Fixed Deposit

Frequently Asked Questions

What is a Company Fixed Deposit?

A Company or Corporate Fixed Deposit is safe investment option provided for corporate customers. Under this scheme, a minimum deposit accepted is ₹10,000.

What is the minimum period for PNB Housing Fixed Deposit?

The minimum period for PNB Housing Fixed Deposit is twelve months.

What is the Interest Rate of FD in PNB Housing?

The FD interest rate varies with the tenure and the type of deposit selected. The latest applicable interest rates can be found at Fixed Deposit Interest Rates.

What documents are required to open Fixed Deposit?

Basic KYC documents like PAN and Aadhaar are needed to open a fixed deposit with PNB Housing.

How to avoid TDS on Fixed Deposits?
TDS will not be deducted if the interest earned is less than or equal to ₹5,000 in a given financial year.
Is PNB Housing Fixed Deposit covered under 80C?

No, only Tax Saving FDs provided by banks can be used for tax deduction under Section 80C. There is a lock- in for 5 years in such tax saving fixed deposits

Who can invest in fixed deposit schemes?

Any individual, HUF or Corporate can invest in a fixed deposit scheme.

Copyright ©2023 PNBHFL
  1. a. As regards deposit taking activity of the Company, the viewers may refer to the advertisement in the newspaper/ information furnished in the application form for soliciting public deposits.
  2. b. The Company is having a valid Certificate of Registration dated 31.07.2001 issued under Section 29A of the National Housing Bank Act, 1987. However, the Reserve Bank of India or the National Housing Bank does not accept any responsibility or guarantee about the present position as to the financial soundness of the Company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/ discharge of the liabilities by the Company.
  3. c. Terms and conditions apply. All loans are at the discretion of the Company. Other fees and charges are applicable. For further details, refer website of the Company, www.pnbhousing.com | CIN: L65922DL1988PLC033856.