I am planning to apply for PNB Prudent Sweep Account searching for account details. Will you tell eligibility to apply for PNB Prudent Sweep Account also tell features and charges?

PNB Prudent Sweep Account is a savings deposit account offered by Punjab National Bank for individuals.

This savings account comes with excellent features and benefits and is one of the most sought-after savings deposit accounts among account holders.

Account details:

Eligibility
Only individuals

Features
Initial Deposit : Rs. 500/-
Minimum Quarterly Average Balance : Rs. 5000/- for Rural/Semi-Urban & Rs.10000/- for Urban/Metro areas.

Incidental Charges: Rs.150/- per quarter for not maintaining stipulated QAB for Rural/Semi-Urban areas and Rs.300/- for Urban/Metro areas.

SWEEP IN AND OUT:
Sweep in/out shall take place after the cut off balance of Rs.1.00 lac and in multiples of Rs.10,000/-. Sweep out will be on 5th, 15th and 25th of every month (If there is holiday on these days, sweep out will be on the next working day from saving account.).

Tenor:
7 days to one year at the option of the customer

The funds will be swept in i.e. cancellation of Fixed Deposit, in case of need on Last In First Out Basis (LIFO).

For other details, please visit any of our branch.

Various Free Facilities:
2 remittances & collection of cheques(any)upto Rs 25000/- in a month,100 cheque leaves in a F.Y. , internet banking services (IBS,50% concession on annual maintenance charges for demat services for first year only, ATM card facility (AMC payble) etc.

Contact:

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