Term Deposits Account

A term deposit account is opened for a period of time from one month to one year or more and in all currencies. Credit interests are given for linked deposit subject to linking tenures and as per the customer’s request. Return earned on deposit will be given at the end of deposit tenure or at the end of each month or at each 3 months or as desired by the customer

The term deposits of PIB have several advantages, mainly:

Preferable interest rates
Flexibility in linking tenures
Flexibility in dealings upon a request to break a deposit
Possibility to borrow against a deposit
Visa card is given as desired by the customer