A farmer friendly Bank committed to development of agriculture Sector ...
Current Deposit Account - Non-interest bearing. - Starter cheque book issued when the account is opened subject to required verification. - Unlimited free-of-cost transaction facility. - No deduction of zakat. - Choice of periodic statements ( monthly, quaterly, half-yearly and annual ) by post.
Saving Deposit Account PPCBL Saving Account addresses your basic banking needs. It allows individual savers and depositors like you to enjoy profits on your savings. - Account can be opened with an initial deposit of Rs. 100/-. - No monthly minimum balance requirement. - Profit is calculated on the monthly minimum balance. - Profit is paid semi-annually. - No limit on number of transactions that can be made each month.
Basic Banking Account
- Account can be opened with an initial deposit of Rs. 1,000/-.
- No minimum balance requirement.
- Maximum of two free deposits and withdrawals through counters/clearing are allowed in a month
- Unlimited transactions
Monthly Saver Account
- A Saving Account with monthly payment of profits for all age groups. - The accounts offer monthly returns with no restrictions on withdrawals. - Expected Rate of Profit on Minimum Monthly Balance: @ 5% p.a. - up to Rs. 99,999 @ 8.5% p.a. - Rs. 100,000 ti Rs. 999,999 @ 9% p.a. - Rs. 1,000,000 & above - Profit will be paid every month on the 5th working day of the following month. - No minimum or maximum balance requirement. - Free ATM Cards (Subject to availability), Pay Order, Fund Transfer & Cheque Book. - Loan up to 90% of deposit amount will also be offered @ + 2% above the offered rate. - Free remittance facility through PPCBL branches in Punjab.
* All existing saving accounts can be converted into PPCBL Monthly Saver Account on customer's request
Super Saver Plus Deposit Account
- Annualized expected rate of return for Super Saver Plus Account is 7% p.a. - Minimum balance in the Account will be maintained Rs. 20,000/-. - No maximum limit of Deposit. - Nomination availability will be available. - 2 free cash remittances with in PPCBL branches in a month. - No hidden charges, if balance reduces from the prescribed limit. - No charges on first standing instructions. - If the balance reduced from the prescribed balance limit, the existing rate of PLS will be available.
* Govt. tax and zakat if applicable will apply.
Apna Paisa Apna Munafa Deposit Scheme “Apna Paisa Apna Munafa” is a purely fixed deposit product with advance payment of profit. The product is available for all types of customers who are eligible to invest in fixed or term deposit as per bank’s criteria. The term deposit can be opened including: a. Singly or jointly salaried or self-employed. b. Partnership concerns. c. Private or Public Limited. d. Trusts / NGOs / Cooperative Societies. 03 Months 8.50 % 06 Months 8.70 % 12 Months 9.00 % 18 Months 9.15 % 24 Months 9.25 %
PPCBL provides safe deposit locker facility to its customers for safe keeping of their valuables like documents, securities and jewelry etc.
Various sizes to choose from small, medium and large.
Annual locker rent charges ranges from Rs. 2,000/- to Rs. 8,000/-.
Key Deposit: Equivalent to annual rent of three years according to the size of the locker.
KIDs Education Plan One year deposit scheme for growing childen to make FUTURE brighter. Monthly savings at extended rate of return i.e 9% p.a. - Monthly deposit Rs. 2000/-. - Annualized rate of expected return is 9% on maturity. - On receipt of monthly deposit after 3rd of each month, existing rate of PLS will apply. - No deposit limit. - No hidden charges. - No charges on first standing instructions. - Nomination facility available. - 2 free remittances a month, within PPCBL branches. - Exclusively for growing children. - In case of discontinuation of the scheme by the depositor, existing rate of PLS will apply.