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Term Deposits, also known as Fixed Deposit, is an investment instrument in which a lump-sum amount is deposited at an agreed rate of interest for a fixed period of time, ranging from 1 month to 5 years. If you want to know the benefits of PNB Housing term deposits then read this infographics to know more about. Visit Here: https://www.pnbhousing.com/blog/everything-you-need-to-know-about-term-deposits/
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5 BENEFITS OF PNB HOUSING TERM DEPOSIT IN INDIA Let's get to know the benefits of term deposit! NO TDS ON INTEREST INCOME UP TO RS. 5000 PER FINANCIAL YEAR LOAN FACILITY AVAILABLE UP TO 75% OF THE DEPOSIT POST COMPLETION OF 3 MONTHS TENURE FACILITY TO CANCEL THE TERM DEPOSIT PREMATURELY AFTER A 3-MONTH LOCK-IN PERIOD NOMINATION FACILITY AS PER NHB GUIDELINES UP TO 7.25%* INTEREST RATE FOR CUMULATIVE TERM DEPOSITS OF 120 MONTHS AND A 10.14% TENTATIVE YIELD TO MATURITY REFERENCE URL https://en.wikipedia.org/wiki/Loan https://www.pnbhousing.com/blog/everything-you-need-to-know-about-term-deposits/