tqluqusR{uil6

( qlril g{iFT{
qsT +Gmr\triE'mTsAHFT
rD-I tilIil-rrr

Erir'trs-{T, z qr*q dg, gqq6q

TSEGII- rrooos
r_
d
Efr-vs.rfl--
PUiIJAB E SINI BA}II(

-
(A Govt.
H.O.
tsank
of lnrtia untlertaking)
PIanIng A Development
House, 21" - Rajendra plice,
New Delhi - 110008
lst Floor
$ttfiq : M L2S7 t 9254,2 5765886
bax : 0LI-25723569 email: ho.pcl@psb.co.in
Circular No. :3464
Code-No. of the f)epartment : Date: 07.09.20IS
H_g0lJ
Number of pages : 3

RCg: NEW SPEEIAT FIXED IIEPIISIT

SIHEME: "SUKH MANI DEPIISIT SEHEME"

To commemorate the 550th Prakash Diwas (Birth

Anniversary) of shri
Guru Nanak Dev Ji, Bank has decided to introduce
a new deposit scheme
of 550 days with effect from 10th Sept,201g.

The salient features of the scheme

are praced as under:-

l. Name of the scheme: - sukh Mani Depusit scheme

2. Eligibilify to open the account:
o Any Indian Resident Individual (singleij oi ntly / E or S)
o All corporate/FlUF/Societies
o All minors under guardianship

./01
%
 3. Scheme Codes in Finacle
:-

r. FIISME : suKH l'lANI 0Ep s[HpuBLlE-

fsr Eenerar public
rr. FDSI||E : surffi MAN| 0Ep sEHsR
EIz- for senisr [itizen
III, FOSMT : SUI(H i,|ANI IIEP SIHSTAFF.
for Staff Members

4' Tenure of Deposit: Fixed deposits

can be made for a period of 550 days only.

5' Amount of Fixed Deposit: Account can

be opened with minimum of Rs.
5000/ - (Rupees Five thousand only)
or multipre of Rs.5,000/- and maximum
less than one crore.

6. Rate of interest: The rate of interest shall *

be 6.85. Yo per Annum with
quarteriy compounding.
(*Senior citizenlstaffs/Ex-staffs shalr
avail the benefit of additional rate of
interest as applicable to them.)

7. calculation of rnterest: Interest shall be

calculated as per the extant norms
applicable to General domestic Term
deposit scheme.

8. Premature withdrawar: premature withdrawals

are allowed as per the
circular issued by Ho Risk Management
Department from time to time.
Premature closure is allowed at the
issuing (basej branch onry.

I S. Renewal on Maturity:
I

since, this is a special deposit scheme,

hence the customer can get the FDR
renewed on maturity (on request) in
any Domestic Term Deposit Scheme
prevailing at thattime, but n@

9' Loan against this scheme: Loans / overdrafts facility

against fixed deposit
under this scheme is allowed as per existing
guiderines.

.A
 l0.General:

a) The payment can also

be made from the branches
other than the base branch
at the time of maturity
only provided the customer is
KYc compliant savings / currentAccount having operative and fury
'
at the paying branch of
our Bank.
a) The scheme is valid upto 3 1.03.2019
and wiil be reviewed thereafter.
c) A depositor can open
more than one account under
the scheme.
d) The depositor may furnish
declaration in Form No.15G
/ l}Hpreferably at
Financial year for receiving
*:r:lT[:i.",il;Trff]ery interest on deposits

1r' Nomination fac,ify is available

in this scheme.

12' Documents required: As per

the extant Kyc guiderines.

13' All other terms and conditions, applicable to

other Domestic Term Deposit
scheme but not mentioned
in this scheme shail appry to
this scheme.

All branches are advised to popularize

the scheme by making wide pubricity
the scheme for attracting the iarge of
numbers of custom"". Iy way
banners at branches, Gurudwaras of putting
and at any other prominent places and
mobilize maximum deposits. to

zonal Managers are advised

to ensure the implementation
Ietter and spirit in their respective of the scheme in true
zones.

General Ma r (P&D)

4q ua'