Copyright © 2012 by PPCBL · All Rights reserved · E-Mail: ask.us@ppcbl.com.pk
General Banking - Deposit Products
THE PUNJAB PROVINCIAL COOPERATIVE BANK LTD.
A farmer friendly Bank committed to development of agriculture Sector ...
DEPOSIT PRODUCTS
Current Deposit Account
• Non profit account.
• Free cheque book subject to average balance Rs.50,000/-
• No commission will be charged subject to below mentioned average balance in account
a) Individuals for Rs.25,000/- & above (Maximum 5 waivers to Rs.0.5 Million PM)
b) Companies for Rs.200,000/-& above (Maximum 5 waivers to Rs.5 Million PM)
• Non profit account.
• Free cheque book subject to average balance Rs.50,000/-
• No commission will be charged subject to below mentioned average balance in account
a) Individuals for Rs.25,000/- & above (Maximum 5 waivers to Rs.0.5 Million PM)
b) Companies for Rs.200,000/-& above (Maximum 5 waivers to Rs.5 Million PM)
Saving Deposit Account
• Initial deposit amount for opening of regular saving account is RS.100/- only.
(Bank instructions 1000/-, SBP instruction 100/-)
• No monthly minimum balance requirement.
• Profit is calculated on the monthly average balance.
• Profit is paid semi-annually.
• Unlimited transactions admissible.
• Initial deposit amount for opening of regular saving account is RS.100/- only.
(Bank instructions 1000/-, SBP instruction 100/-)
• No monthly minimum balance requirement.
• Profit is calculated on the monthly average balance.
• Profit is paid semi-annually.
• Unlimited transactions admissible.
Basic Banking Account
• Non-remunerative account
• The minimum initial deposit will be Rs, 1000/-
• No limit on minimum balance, where balance in BBA remains nil for a continuous six-month
period, such accounts will be ·closed.
• No fee for maintaining BBA
• Unlimited free of charge ATM withdrawals from the Bank's own ATM. In case of withdrawal
from BBA through the ATM machines of other Bank's the respective/ other bank may
recover charges for such transactions.
• Maximum two deposit transactions and two chequing withdrawals are allowed, free of
charge through cash I clearing per month.
• Statement of account will be issued once in a year.
• Non-remunerative account
• The minimum initial deposit will be Rs, 1000/-
• No limit on minimum balance, where balance in BBA remains nil for a continuous six-month
period, such accounts will be ·closed.
• No fee for maintaining BBA
• Unlimited free of charge ATM withdrawals from the Bank's own ATM. In case of withdrawal
from BBA through the ATM machines of other Bank's the respective/ other bank may
recover charges for such transactions.
• Maximum two deposit transactions and two chequing withdrawals are allowed, free of
charge through cash I clearing per month.
• Statement of account will be issued once in a year.
Monthly Saver Account
• Profit is calculated ori the monthly average balance.
• Profit paid on monthly basis.
• Minimum balance requirement Rs.50, 000/-
• Unlimited transactions admissible.
• Loan facility also offered against deposit.
• Profit is calculated ori the monthly average balance.
• Profit paid on monthly basis.
• Minimum balance requirement Rs.50, 000/-
• Unlimited transactions admissible.
• Loan facility also offered against deposit.
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.
- 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
• Fixed deposit scheme ..
• Minimum investment amount from Rs.25,000/-
• Advance profit payment for entire investment period.
• Investment period on quarterly basis (from 03 months to 24 months)
• Fixed deposit scheme ..
• Minimum investment amount from Rs.25,000/-
• Advance profit payment for entire investment period.
• Investment period on quarterly basis (from 03 months to 24 months)
Lockers
• Lockers facility available for all customers.
• Three sizes available i.e. Small, Medium and Large.
• Key Deposit amount is Refundable upon vacation of locker.
• Lockers facility available for all customers.
• Three sizes available i.e. Small, Medium and Large.
• Key Deposit amount is Refundable upon vacation of locker.
KIDs Education Plan
• Profit calculation on monthly average balance.
• Monthly deposit Rs. 2,000/-
• No deposit limit.
• No charges on first standing instructions.
• Nomination facility available.
• Two free remittances in a month, within PPCBL branches.
• In case of discontinuation the PLS SB rate will apply.
• Profit calculation on monthly average balance.
• Monthly deposit Rs. 2,000/-
• No deposit limit.
• No charges on first standing instructions.
• Nomination facility available.
• Two free remittances in a month, within PPCBL branches.
• In case of discontinuation the PLS SB rate will apply.