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  #2  
February 18th, 2020, 05:33 PM
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Re: Monthly Income Plan Punjab National Bank

I recently opened an account in the Punjab National Bank and searching for monthly plans. Will you provide details about the Monthly Income Plan Punjab National Bank so I can apply?
  #3  
February 18th, 2020, 05:34 PM
Super Moderator
 
Join Date: Mar 2012
Re: Monthly Income Plan Punjab National Bank

A monthly interest fixed deposit is a type of term deposit, where the interest earned is credited directly back to the investors account per month.

About PNB Family Protection Account

Eligibility


A single individual who is willing to opt insurance product subject to compliance of Know Your Customer (KYC) Guidelines, execution of Account Opening Form and completion of requisite formalities, viz., photographs, identity and address proof etc.

She/He is required to submit a prescribed application form for insurance product alongwith AOF for SF.

The Highlights

Eligibility:

Individual (Single) saving account applicant who is consciously willing to purchase this product.
Entry Age: Min- 25 years & Max 60 yrs (as on last Birthday) Max entry age to be 60 yrs for a policy term of 15 yrs
Maximum maturity age: 75 Yrs

Insurance Plan :Term with Return of Premium Option (TROP)
Coverage Term Options: 10 Years & 15 Years
Premium Payment Mode :Monthly/Annually as per option of the customer
Premium Amount/Premium Reckoner :As per Table at Appendix-II and Appendix-II-A
Monthly income Options Rs. 10,000/- & Rs. 25,000/-

Terms:

Minimum Base Amount For 10 Years Period For 15 Years Period
For Rs. 10,000/- monthly income option (Min) Rs. 14.20 lakh Rs. 12 lakh
For Rs. 25,000/- monthly income option (Max) Rs. 35.50 lakh Rs. 30 lakh

Contact:

Corporate Office:
PNB
Plot No 4, Sector -10 Dwarka New Delhi -110075


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