Product Details
Bank Name
Punjab National Bank
Account Name
PNB Select Saving Account
Account Type
Saving account
Interest Rate
Upto 10 lakh-2.70% and above 10 lakh 2.75%.
Free Debit Card
RuPay International Platinum Debit Card
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
The quarterly average balance is Rs. 5,000.
Debit Card Charges
Free for the first year.
NEFT Charges
Free if done through net banking/mobile banking.
IMPS Charges
Free if done through net banking/mobile banking.
Fees and Charges
PNB Select Saving Account
Special Features
Sweep facility is also available for the users.
Users can get a 50% discount in documentation charges of a Home/Vehicle loan.
Users can get a 15% discount on locker rent, subject to availability.
Eligibility Criteria
An Individual falling in age group between 25 years and upto 40 years.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
An optional sweep facility is also available.
Personal Accidental Insurance (PAI) cover of Rs. 2 lakh.
Users can also avail a credit card.
The domestic airport lounge access program provides access to the participating lounges two (2) times per calendar quarter per card.
Cons
Low interest rates.
This account is not available for individuals of all age groups.
Application Procedure
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add a Title
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Product Review
Account Opening and Procedure
How to open an Account?
Visit a PNB Branch: Locate your nearest PNB branch.
Required Documents:
Proof of Identity: Aadhaar Card, PAN Card, Passport, Voter ID, or Driving License.
Proof of Address: Aadhaar Card, Passport, Voter ID, Driving License, or utility bills.
Proof of Income or Net Worth (if required): Income Tax Returns, salary slips, investment statements, etc.
Photographs: Two recent passport-sized photographs.Account Opening Form: Obtain an account opening form from the bank representative. Fill in the form accurately and completely with all the required details.
Submit Documents and Open Account: Submit the completed form and all the required documents to the bank representative. The bank representative will guide you through the account opening process.