Saving Account Details

PNB Secured Saving Scheme

  • Eligibility
  • QAB
  • Documents required for opening of Account
  • Charges for Non-Maintenance of QAB
  • Nomination
  • NEFT/RTGS/ IMPS
  • Internet Banking
  • Mobile Banking
  • SMS Banking
  • Cheque Book
  • Rupay Platinum Debit Card
  • Facility of Life Insurance
  • An Individual falling in age group between 18 years to 50 years.
  • Rural - Rs. 500/- , Semi Urban- Rs. 1000/-, Urban & Metro- Rs. 2000/-
  • As per Bank’s KYC Policy
  • As prescribed by HO: IRMD from time to time.
  • Allowed
  • Free Online
  • Available
  • Available
  • Available
  • One Cheque book of 25 Leaves free in a Financial Year
  • Available
  • Maximum age at maturity – 65 Years
  • Insurance Plan Type - Term Plan with Return of Premium Option (TROP).
  • Under this, Life Coverage is provided at low premium. In case of death (due to natural or accidental reasons), the life cover benefit is provided to the nominee. In case of survival after the
  • policy term (15 years), the total premiums paid (excluding GST) are refunded back to the insured person.
  • Premium Payment Mode - Annual
  • Premium Payment Term - 10 years
  • Total Coverage (Policy Term) - 15 years

  • Death benefit Options - Four Options :

1. INR 3300 per month for 10 years or INR 3 Lakh lumpsum

2. INR 5500 per month for 10 years or INR 5 Lakh lumpsum

3. INR 11000 per month for 10 years or INR 10 Lakh lumpsum

4. INR 16500 per month for 10 years or INR 15 Lakh lumpsum

  • Maturity Benefit - 100% of all premiums (excluding GST)

Sample Premium Table (For INR 11,000 Monthly Payout Or INR 10 Lac Lumpsum In Case Of Death)

Age (in years) 40 45 50
Annual Premium (excl GST) Rs.18,390/- Rs.26,150/- Rs.36,970/-
Annual Premium (incl GST) Rs.19,218/- Rs.27,327/- Rs.38,634/-
Total premium paid in 10 years (excl GST) Rs.1,83,900/- Rs.2,61,500/- Rs.3,69,700/-
Death Benefit (2 options) Monthly Income on death Rs.11,000/- Rs.11,000/- Rs.11,000/-
Total payment under monthly income scheme (120 months) Rs. 13.20lac Rs. 13.20lac Rs. 13.20lac
OR
Total payment under lump sum option Rs. 10lac Rs. 10lac Rs. 10lac
Maturity/Survival pay-out
(100% on survival to PT)		 Rs.1,83,900/- Rs.2,61,500/- Rs.3,69,700/-