Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Facility typeAdvance against an FCNR(B) depositView source
PNB describes the facility as a loan for against (B) deposits.
- Source
- PNB Advance against (B) Deposit — product page
- Page / section
- Eligibility and Features
- Accessed
- 7 Oct 2026
- Confidence
- high
PurposeAccess funds without breaking the FCNR(B) deposit prematurely.View source
PNB lists access to funds without breaking the deposit as a benefit.
- Source
- PNB Advance against (B) Deposit — product page
- Page / section
- Benefits
- Accessed
- 7 Oct 2026
- Confidence
- high
EligibilityFor NRIs borrowing against an FCNR(B) deposit. PNB also says the deposit holder may avail the loan for a third party; third-party advances carry separate margin rules.View source
The eligibility section limits the facility to with (B) deposits; the features section permits third-party borrowing by the deposit holder.
- Source
- PNB Advance against (B) Deposit — product page
- Page / section
- Eligibility and Features
- Accessed
- 7 Oct 2026
- Confidence
- high
Maximum financeDeposit-backed; margin is 10%–30% by remaining maturity for a depositor advance, and 20%–30% for a third-party deposit advance. No fixed rupee ceiling is stated.View source
The schedule sets 10%, 20% and 30% margins for a depositor by residual maturity and 20% or 30% for third-party deposits; it states no rupee ceiling.
- Source
- PNB Loan Against Term Deposits — non-resident deposit guidelines
- Page / section
- Advance Against Non-Resident Deposits (/), (B) and third-party margin rows
- Accessed
- 7 Oct 2026
- Confidence
- high
Interest ratePNB lists rupee loans against FCNR at RLLR+BSP or MCLR for the depositor, and the same benchmark plus 1 percentage point for a third-party deposit. Foreign-currency loans against FCNR/
PNB publishes benchmark formulas for the rupee route and case-by-case Treasury pricing for the foreign-currency route; no single numeric rate is given for the latter.
- Source
- PNB Interest Rates on Advances — deposits and other advances
- Page / section
- Section 3.2 Rupee loan against /; section 3.3 foreign-currency loan against /
- Accessed
- 7 Oct 2026
- Confidence
- high
Current bank benchmarksRLLR 8.35% effective 8 October 2026; MCLR 8.00%–9.10% by tenor effective 1 October 2026. These are bank benchmarks, not an FCNR advance's all-in rate.View source
PNB lists at 8.35% w.e.f. 08.10.2026 and publishes six tenor values w.e.f. 01.10.2026. pricing still follows the separate rupee/foreign-currency routes and depositor/ third-party terms.
- Source
- PNB Interest Rates on Advances — current and benchmarks
- Page / section
- table effective 1 October 2026; revision effective 8 October 2026
- Accessed
- 8 Oct 2026
- Confidence
- high
Loan currencyThe product page describes the loan as being in the same currency as the FCNR(B) deposit. PNB's interest schedule separately lists a rupee loan against FCNR; confirm the intended route with PNB before sanction.View source
The detail page says the loan is in the deposit currency; the rate schedule also has a distinct rupee route against .
- Source
- PNB Advance against (B) Deposit and shared interest schedule
- Page / section
- Product page Features; interest-rate schedule sections 3.2–3.3
- Accessed
- 7 Oct 2026
- Confidence
- high
Tenure1–5 years, or as per the terms and conditions at sanction.View source
PNB publishes repayment tenure from one to five years, subject to its terms and conditions.
- Source
- PNB Advance against (B) Deposit — product page
- Page / section
- Features
- Accessed
- 7 Oct 2026
- Confidence
- high
Deposit marginFor an advance to the FCNR(B) depositor: 10% with up to 1 year remaining, 20% with over 1–2 years, and 30% with over 2 years. For a third-party deposit: 20% up to 2 years remaining and 30% over 2 years.View source
Published (B) margin rows are separated by residual maturity and by depositor versus third-party borrowing.
- Source
- PNB Loan Against Term Deposits — non-resident deposit guidelines
- Page / section
- Advance Against Non-Resident Deposits (/), margin table
- Accessed
- 7 Oct 2026
- Confidence
- high
Security and branch requirementsThe FCNR(B) deposit is the security. PNB says the lien must be noted and the depositor's signature verified; advances can be extended at any PNB branch.View source
The bank permits loans against borrower or third-party deposits after lien notation and signature verification.
- Source
- PNB Loan Against Term Deposits — non-resident deposit guidelines
- Page / section
- Some Important Guidelines on Extending Loan Against Term Deposits
- Accessed
- 7 Oct 2026
- Confidence
- high
Margin shortfallIf the minimum margin erodes, PNB may require funds to restore the shortfall or, after proper notice, liquidate the outstanding advance by prematurely closing the deposit.View source
The guideline gives PNB discretion to call for funds or close the deposit after notice if the margin erodes.
- Source
- PNB Loan Against Term Deposits — non-resident deposit guidelines
- Page / section
- Margin-erosion clause after the / margin table
- Accessed
- 7 Oct 2026
- Confidence
- high
Tax deducted from eligible advanceWhere tax deduction under section 194A applies to deposit interest, the total deductible tax is reduced from the advance, drawing power or limit.View source
PNB's guideline reduces the applicable tax deduction from the amount available as advance/drawing power/limit.
- Source
- PNB Loan Against Term Deposits — non-resident deposit guidelines
- Page / section
- clause following the / margin table
- Accessed
- 7 Oct 2026
- Confidence
- high
Documentation chargesNIL for a loan against 100% liquid securities, including the bank's own deposits.View source
The charge page exempts loans against 100% liquid securities and gives the bank's own deposit as an example.
- Source
- PNB Credit Related Services Charges — current page
- Page / section
- Section 6.1, documentation-charge note
- Accessed
- 7 Oct 2026
- Confidence
- high
Prepayment / foreclosure chargeNIL for advances against the bank's own deposits or liquid securities when sanctioned or renewed on or after 1 January 2026.View source
The current schedule's exemption h covers advances against the bank's own deposits/liquid securities, for loans and advances sanctioned or renewed from 1 January 2026.
- Source
- PNB Credit Related Services Charges — current page
- Page / section
- Section 10.15(h), takeover prepayment/foreclosure exemption
- Accessed
- 7 Oct 2026
- Confidence
- high
Benefits and features
- Access funds without prematurely breaking the (B) deposit
- The product page says a deposit holder may also avail the loan for a third party
- The product page describes the loan as being in the same currency as the deposit
Eligibility
- PNB states that may request the loan only against (B) deposits. The deposit holder may borrow for a third party; the shared guidelines separately prescribe third-party deposit margins.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- An (B) deposit to be placed under lien; PNB's shared guideline requires the lien to be noted and the signature verified at a branch. The product page does not publish a complete application-document checklist.
Related official documents
PNB Credit Related Service Charges — current pageofficial-service-charge-page · current-charge-schedule-reviewed-scoped-sections · accessed 8 Oct 2026
↗PNB Interest Rates on Advances — current MCLR and RLLR benchmarksofficial-bank-rate-page · reused-current-benchmark-reviewed-2026-10-08 · accessed 8 Oct 2026
↗PNB Interest Rates on Advances — deposits and other advancesofficial-interest-rate-page · current-page-reviewed-scoped-sections · accessed 8 Oct 2026
↗PNB Advance against FCNR(B) Deposit — product pageofficial-product-page · current · accessed 7 Oct 2026
↗PNB Loan Against Term Deposits — non-resident deposit guidelinesofficial-guidelines-page · current · accessed 7 Oct 2026
↗PNB NRI products and services catalogueofficial-product-catalogue · current · accessed 7 Oct 2026
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