{"id":1934,"date":"2018-03-10T23:52:15","date_gmt":"2018-03-10T18:22:15","guid":{"rendered":"https:\/\/www.antworksmoney.com\/blog\/?page_id=1934"},"modified":"2018-03-10T23:52:15","modified_gmt":"2018-03-10T18:22:15","slug":"punjab-sind-bank-recurring-deposit","status":"publish","type":"page","link":"https:\/\/www.antworksmoney.com\/blog\/punjab-sind-bank-recurring-deposit\/","title":{"rendered":"Punjab &#038; Sind Bank Recurring Deposit"},"content":{"rendered":"<p>Recurring deposits help regular income earners to build up their savings with steady monthly deposits or payments over a certain period of time. Customers can earn a substantial amount of money after maturity of their recurring deposits with attractive interests.<\/p>\n<h2>Features of a Punjab &amp; Sind Bank Recurring Deposit<\/h2>\n<p>Punjab &amp; Sind Bank customers can open a regular recurring deposit account and enjoy a variety of benefits and significant returns on their investments.<\/p>\n<ul>\n<li>The minimum deposit amount required for a Punjab &amp; Sind Bank Recurring Deposit account is a very affordable sum of Rs. 10\/- per month. The bank does not have a cap on the maximum amount required.<\/li>\n<li>Customers can choose deposit tenures ranging from a period of six months to maximum of 10 years.<\/li>\n<\/ul>\n<h2>Eligibility<\/h2>\n<ul>\n<li>Any individual can open a Punjab &amp; Sind Bank Recurring Deposit as a single or joint account holder.<\/li>\n<li>A minor over the age of 10 is also eligible to open a RD account jointly with a guardian operating the account. If the account is maintained by a guardian then a specimen signature of the minor verified by the guardian is required.<\/li>\n<li>Recurring deposit accounts can be opened by firms, corporate, associations, societies, Government institutions, religious and charitable institutions.<\/li>\n<\/ul>\n<h2>Documents required<\/h2>\n<p><strong>Proof of Identity \/ Address<\/strong><\/p>\n<ol>\n<li>Applicant\u2019s Passport copy<\/li>\n<li>Voter\u2019s ID card<\/li>\n<li>Aadhar Card<\/li>\n<li>Driving License<\/li>\n<li><a title=\"Permanent Account Number\" href=\"https:\/\/www.bankbazaar.com\/pan-card.html\">PAN Card<\/a><\/li>\n<li>Electricity Bill<\/li>\n<li>Telephone Bill<\/li>\n<li>Last three months\u2019 bank account statements<\/li>\n<li>Latest passport size photo<\/li>\n<\/ol>\n<h2>Interest rate offered on Punjab &amp; Sind Bank\u2019s Recurring Deposit<\/h2>\n<p>Punjab &amp; Sind Bank offers recurring deposits at interest rates ranging from 4% to 8% depending on the tenure of the deposit. The interest rates also vary based on the deposit amount which can extend up to Rs 5 Crores and above. The interest rate is generally paid with the principal at the time of maturity and is compounded every quarter for a recurring deposit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recurring deposits help regular income earners to build up their savings with steady monthly deposits or payments over a certain period of time. Customers can earn a substantial amount of money after maturity of their recurring deposits with attractive interests. Features of a Punjab &amp; Sind Bank Recurring Deposit Punjab &amp; Sind Bank customers can &hellip; <a href=\"https:\/\/www.antworksmoney.com\/blog\/punjab-sind-bank-recurring-deposit\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Punjab &#038; Sind Bank Recurring Deposit&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-1934","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Punjab &amp; Sind Bank Recurring Deposit | Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments<\/title>\r\n<meta name=\"description\" content=\"Recurring deposits help regular income earners to build up their savings with steady monthly deposits or payments over a certain period of time. Customers can earn a substantial amount of money after maturity of their recurring deposits with attractive interests.\u00a0\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.antworksmoney.com\/blog\/punjab-sind-bank-recurring-deposit\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Punjab &amp; Sind Bank Recurring Deposit | Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments\" \/>\r\n<meta property=\"og:description\" content=\"Recurring deposits help regular income earners to build up their savings with steady monthly deposits or payments over a certain period of time. 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