#1
January 27th, 2017, 06:11 PM
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Dp pnb
Hello sir, which services are provided by Punjab national bank to Depository Participant?
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#2
January 28th, 2017, 09:24 AM
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Re: Dp pnb
The Punjab national bank or PNB as Depository Participant of NSDL provides you depository services with a secure and convenient way for holding your securities through ALL branches of bank. A Depository Participant is an agent appointed by the Depository and is authorized to offer depository services to all investors. An investor cannot directly open a demat account with the depository. The bank is offer following services. Opening Of Demat Account Dematerialization Rematerialization Settlement Of Trades Settlement Of Off-Market Trades Electronic Credit In Respect Of Securities Allotted Under IPO Receiving Non-Cash Corporate Benefits, Such As, Allotment Of Bonus And Rights Shares, Stock Split, Etc. Pledging/Un-Pledging Of Securities Providing Periodical Statement Of Transactions Apply for Punjab national bank to Depository Participant: Saving Account Interest Rates : 4.0 % P.A.: Rate Of Interest On Single Domestic Term Deposits (TD) And NRE Term Deposits Of Upto Rs.10 Cr: Domestic TD Less Than Rs.1 Cr. Domestic TD Rs.1 Cr. To Rs 10 Cr # NRE TD Less Than Rs. 1 Cr NRE TD Rs. 1 Cr. To Rs. 10 Cr. PNB Tax Saver FD Period ROI (% p.a.) A.Y. For Senior Citizen ROI (% p.a.) ROI (% p.a.) A.Y. ROI (% p.a.) ROI (% p.a.) ROI (% p.a.) 7 to 14 days 4.25 4.25 4.75 5.00 5.00 NA NA NA 15 to 29days 4.25 4.25 4.75 5.00 5.00 NA NA NA 30 to 45 days 4.75 4.75 5.25 5.00 5.00 NA NA NA 46 to 90 days 6.25 6.25 6.75 4.50 4.50 NA NA NA 91 to 179 days 6.50 6.50 7.00 4.50 4.50 NA NA NA 180 days to 270 Days 6.75 6.81 7.25 4.75 4.78 NA NA NA 271 days to less than 1 year 6.75 6.86 7.25 4.75 4.81 NA NA NA 1 year 7.00 7.19 7.50 5.00 5.09 7.00 5.00 NA above 1 year & upto 2 years 6.90 7.08 7.40 5.00 5.09 6.90 5.00 NA |