Senior Citizens - Parinatha - Life begins at 55
Parinatha is a Senior Citizens Account created for veterans who are looking forward to living life to the fullest after they retire. With a minimum deposit of Rs.500 you can open an account.
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For anyone over 55 years of age.
Benefits - A bonus interest of 0.5% over the normal savings rate.
- Free "PET" card, which gives you 24 hour access to your money through our ATM network.
- As a pensioner of the local government or government service, you can apply for a loan facility of maximum Rs.10,000.
- Option of applying for a credit card.
- Apply for a loan up to 90% of your fixed deposit value.
- Concessionary rates for overseas pilgrim tours through People's Travels.
- E-channelling facility through any People's Bank branch for customers maintaining a fixed deposit balance of Rs.100,000 and above.
- Added facility of making deposits and withdrawals through third parties.
- Priority treatment at all our brances.
Features
- Parinatha Savings Account
- If you maintain a minimum balance of Rs.5,000 in your account for a period of 3 months, a bonus interest of 0.5% over the normal savings rate will be added to your account.
- Remit your monthly pension to your account.
- Parinatha Fixed Deposit
- Minimum fixed deposit amount of Rs.100,000 (You have to commit this amount for 2 years).
- Receive your interest as a lump sum at maturity or receive it as an additional income every month.
For further information, please contact
Nearest People's Bank Branch Manager
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