PNB offers overdraft facility against fixed deposits - details
Customers can avail loan without visiting a bank branch, it said, adding there is a concession of 0.25 per cent on the interest rate when applied through digital platforms like PNB One.
State-owned Punjab National Bank (PNB) on Monday announced the launch of its pre-qualified credit card with a host of features, including insurance coverage.
This facility will be available for salary account customers and they shall be able to apply through the mobile banking app PNB One, website or Internet Banking Service (IBS), the lender said in a statement.
The bank will be offering this service under two platforms -- RuPay and Visa.
It has also introduced a new facility of overdraft against fixed deposit on PNB One in a few clicks and a single OTP.
Customers can avail loan without visiting a bank branch, it said, adding there is a concession of 0.25 per cent on the interest rate when applied through digital platforms like PNB One.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.