Punjab National Bank (International) Ltd 5 Year Flexi Recurring Deposit

Full product details for the Punjab National Bank (International) Ltd 5 Year Flexi Recurring Deposit savings account, including application criteria, introductory rates, rates, isas, children's savings, over 50s isas, account access, account management, fees & charges, business accounts and structured investment plan.
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Punjab National Bank (International) Ltd 5 Year Flexi Recurring Deposit Features & Benefits

Account TypeRegular Saver 
Account Term5 yearsThe account has a term of 60 months.
Rate TypefixedThe type of interest rate is fixed.
Headline Interest Rate4.5%The headline interest rate is 4.50% AER.
Headline Interest Balance£50£50.00
Minimum Monthly Investment£50The minimum monthly credit is £50.
Online AccessnoTransactions cannot be made via the internet.
Branch AccessyesTransactions can be made at a branch.
Phone AccessnoTransactions cannot be made by phone.
Introductory Bonus0%No introductory bonus payable.
Withdrawal NoticetermNotice is not required for withdrawals.
Minimum Initial Investment£50Minimum investment of £50.
Minimum Number of Payments1The minimum number of payments required to receive the cited interest rate is 1. The maximum number of payments per month is 5.
AvailabilityrestrictedRegular monthly payments must be made into this account. The monthly minimum credit is £50. There is no maximum monthly payment, only 5 deposits can be made per month.
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