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Old June 21st, 2016, 03:59 PM
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Default punjab national bank uk fixed deposit

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  #2  
Old January 19th, 2018, 03:46 PM
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Default Re: punjab national bank uk fixed deposit

Can you tell me about the documents required for opening a Fixed Deposit (FD) Account in Punjab National Bank (International) Ltd, UK?
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Old January 19th, 2018, 03:47 PM
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Default Re: punjab national bank uk fixed deposit

Fixed deposit account in Punjab National Bank (International) Ltd, UK can be opened through an existing or new operative account, which will either be a current account or a savings account.

The documents needed for opening a Fixed Deposit:

For a New Account

Visit to a branch personally (PNB Branches)
Proof of identification - Original valid signed passport or photo-card full UK driving licence (for non UK passports, original valid visa is required).

Proof of address – Recent original Bank statement or utility invoice (telephone, gas, electricity, water, council rates) with full name

For joint account separate documents as noted above are required for each applicant.

A cheque of minimum amount of £100 from your existing UK bank account payable to oneself or cash

Account Opening Form

For an Existing Customer

For an existing customer, the following documents are needed either by post, email.

Cheque or interbank wire transfer to the operative account for a minimum of £1000 (If a Euro or USD account, deposit equivalent worth £1000)

Fixed deposit request form.

Interest is Calculated:
• Monthly Interest Earner Account - Monthly after deduction of application of basic rate tax.
• Annual Interest Earner Account - Annually after deduction of application of basic rate tax.
• Reinvestment Plan - Annual basis and is payable at the end of the term along with the principal amount of deposit, after deduction of basic rate tax.
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