PNB - ADVANTAGES OF FIXED DEPOSIT
PNB Housing provides safe investment options to various deposit schemes with attractive rate of interest. With over two decades of specialized experience in housing finance, PNB Housing has a robust network of branches spread across the country which help it customers avail financial services (loans and deposits) seamlessly.
Advantages of PNB Housing fixed deposits
- CRISIL FAAA / Stable (Highest Safety) & “CARE AAA” by CARE- This rating indicates that the degree of safety regarding timely payment of interest and principal is very strong.
- No tax to be deducted at source on interest income upto Rs.5000 per financial year
- Loan facility up to 75% of deposit available from all branches of PNB Housing
- Premature cancellation allowed after 3 months on the discretion of the company
- Nomination facility available as per NHB guidelines
Acceptance of deposit is subject to the terms and conditions as contained in the application form.
“As regards deposit taking activity of the Company, the viewers may refer to the statutory advertisement in the newspaper/ information furnished in the application form for soliciting public deposits.
The Company is having a valid certificate of registration dated 31st July 2001 issued by the National Housing Bank under section 29A of National Housing Bank Act, 1987. However, the National Housing Bank does not accept any responsibility or guarantee about the present position as the financial soundness of the Company or the correctness of any of the statements or representations made or opinion expressed by the Company and for repayment of deposits/ discharge of the liabilities by the Company”
HDFC - Deposits Overview
For over three and a half decades, HDFC has delivered consistent performance with its Fixed Deposits. We have earned the trust of more than 6 lac depositors.
HDFC has received AAA ratings for its deposits programme from two leading credit rating agencies (CRISIL and ICRA) for 24 consecutive years, thus building utmost trust and confidence amongst investors and key partners.
Enhanced customer satisfaction has always been at the core of all HDFC product offerings. HDFC Depositors are serviced through its 420 inter-connected offices spread across India with instant services provided at 77 deposit centers. HDFC has set high benchmarks of service delivery on a continuous basis by providing electronic payment facility for interest payment, instant loan against deposit and many more.