► The PNB Select Saving Account is a specialized savings account offered by Punjab National Bank (PNB), designed for individuals aged between 25 and 40 years. This account combines attractive benefits with a focus on financial growth and convenience. ✅ Key Features Eligibility: Individuals aged 25 to 40 years. Minimum Quarterly Average Balance (QAB): ₹5,000. Interest Rates: Balances up to ₹10 lakh: 2.70% p.a. Balances between ₹10 lakh and ₹100 crore: 2.75% p.a. Balances above ₹100 crore: 3.00% p.a. Sweep Facility: Available for balances above ₹20,000, allowing funds to be transferred to fixed deposits to earn higher interest rates. Debit Card: Free RuPay International Platinum Debit Card for the first year, with daily transaction limits of ₹50,000 at ATMs and ₹1,25,000 at POS/e-commerce. Free Transactions: Unlimited free transactions at PNB ATMs; free NEFT/RTGS/IMPS transfers when done through net banking or mobile banking. Cheque Book: 25 cheque leaves per year. Personal Accident Insurance (PAI) Cover: ₹2 lakh. Additional Benefits: 1.25 times the loan amount for home loans (subject to eligibility). 50% discount on documentation charges for home/vehicle loans. 15% discount on locker rent (subject to availability). Free 24 demand drafts per year, totaling up to ₹1 lakh. Credit card facility available. Domestic airport lounge access program: 2 visits per calendar quarter per card. đ How to Open the Account Visit a PNB Branch: Locate your nearest PNB branch. Required Documents: Proof of Identity (e.g., Aadhaar Card, PAN Card, Passport, Voter ID, or Driving License). Proof of Address (e.g., Aadhaar Card, Passport, Voter ID, Driving License, or utility bills). Photographs: Two recent passport-sized photographs. Account Opening Form: Obtain and fill out the account opening form at the branch. Submit Documents: Submit the completed form along with the required documents to the bank representative. MyRupaya đĄ Additional Information Account Opening Fees: None. Annual Maintenance Charges (AMC): Waived off for the first Demat account. Documentation Charges for Loans: 50% discount on home/vehicle loans. Locker Rent: 15% discount, subject to availability. Debit Card Charges: Free for the first year; charges applicable thereafter based on the account's QAB.
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