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Savings, current & salary accounts

PNB Grow Saving Account

A minor savings account with zero minimum balance, free Master Grow Platinum debit card and published , and contactless limits.

Savings interest rate4.00% p.a. on the savings fund account, as published by PNB with effect from 01 June 2026; the same prevailing savings schedule applies to these account variants unless PNB publishes a variant-specific rate.Minimum balanceZeroSalary requirementNot applicable - Grow is a minor savings account, not a salary account.
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Quick eligibility check

PNB Grow Saving Account

0 of 6 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your age meet this requirement: Minor of any age through a natural or legally appointed guardian?

Published source: Eligibility

2Do you meet this requirement: Guardian must have a PNB savings account?

Published source: Eligibility

3Does your age meet this requirement: minors aged 10+ may operate independently?

4Document checkDo you have this required document or proof: Age proof and KYC for minor and guardian?

Published source: Eligibility

5Document checkDo you have this required document or proof: Guardian's PNB savings-account details?

Published source: Eligibility

6Document checkDo you have this required document or proof: minors above 10 may open and operate independently after satisfactory age proof?

Published source: Eligibility
0 of 6 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byPunjab National Bank

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Account typeGrow savings account for minorsView source
Account can be opened by a minor of any age through a natural or legally appointed guardian; minors above 10 may operate independently.
Source
PNB Grow Saving Account leaflet
Page / section
Parameters and Features
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Salary requirementNot applicable - Grow is a minor savings account, not a salary account.View source
The leaflet defines eligibility by minor age and guardian operation, not salary credit.
Source
PNB Grow Saving Account leaflet
Page / section
Eligibility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
EligibilityMinor of any age through a natural or legally appointed guardian; minors above 10 may open and operate independently after satisfactory age proof. Guardian must have a PNB savings account.View source
Eligibility text in the Grow leaflet.
Source
PNB Grow Saving Account leaflet
Page / section
Eligibility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum balanceZeroView source
Minimum Average Balance : Zero.
Source
PNB Grow Saving Account leaflet
Page / section
Minimum Average Balance ()
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Savings interest rate4.00% p.a. on the savings fund account, as published by PNB with effect from 01 June 2026; the same prevailing savings schedule applies to these account variants unless PNB publishes a variant-specific rate.View source
The current rate table publishes Savings Fund Account at 4.00% p.a.; the account leaflets direct customers to PNB's prevailing savings-deposit schedule rather than a separate variant rate.
Source
PNB Interest Rates — Deposit
Page / section
Savings Fund Account; Domestic deposit rates revised w.e.f. 01.06.2026
Accessed
12 Sept 2026
Confidence
high
Open official source ↗
Non-maintenance chargeAnnual maintenance charge applies under extant bank guidelines if a yearly average balance of ₹5,000 is not maintained.View source
is waived if yearly average of ₹5,000 is maintained; otherwise extant charges apply.
Source
PNB Grow Saving Account leaflet
Page / section
Debit Card -
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Debit cardMaster Grow Platinum debit card; issuance free. AMC waived when yearly average balance of ₹5,000 is maintained.View source
Free issuance of Master Grow Platinum Debit Card.
Source
PNB Grow Saving Account leaflet
Page / section
Debit Card
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Debit-card limitsATM cash withdrawal ₹10,000 per day; POS/e-commerce ₹10,000 combined per day; contactless ₹5,000 per day.View source
Debit-card limits table in the Grow leaflet.
Source
PNB Grow Saving Account leaflet
Page / section
Debit Card Limits
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Cheque book25 cheque leaves free per annumView source
Free 25 cheque leaves per annum.
Source
PNB Grow Saving Account leaflet
Page / section
Cheque Book Issuance charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Electronic transaction chargesSMS alerts: NIL; online RTGS/NEFT: unlimited free; demand drafts: unlimited free.View source
Charges listed in the Grow leaflet.
Source
PNB Grow Saving Account leaflet
Page / section
Alerts, / and Demand Draft charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Free Master Grow Platinum debit-card issuance
  • //contactless limits are published
  • Account activation and birthday reward-point offers are listed in the leaflet

Eligibility

  • Guardian must have a PNB savings account; minors aged 10+ may operate independently.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Age proof and for minor and guardian
  • Guardian's PNB savings-account details

Related official documents

PNB Interest Rates — Depositofficial-rate-table · current · accessed 12 Sept 2026
↗
PNB Savings Account catalogueofficial-product-page · current · accessed 30 Aug 2026
↗
PNB savings-account catalogue and named schemesofficial-product-catalogue · current · accessed 5 Oct 2026
↗
PNB Grow Saving Account leafletofficial-pdf · current · accessed 30 Aug 2026
↗

Plan before applying

Try the numbers

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Account interest estimate

See roughly how much interest a steady account balance could earn over the period you choose.

Interest you may earn₹4,000four thousand rupees
Balance including interest₹1,04,000one lakh four thousand rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Minimum average balance · Published termZero

This value is copied from Grow account limits and charges. Check the table notes before relying on it.

Source: PNB Grow Saving Account leaflet · Parameters and Features Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 7 rows · 2 columnsGrow account limits and chargesNumeric limits and free allowances published in the Grow leaflet.View tableHide table

Scroll sideways to view every column

Grow account limits and charges
ItemPublished term
Minimum average balanceZero
cash withdrawal₹10,000 per day
/e-commerce (combined)₹10,000 per day
Contactless₹5,000 per day
Cheque book25 free leaves per annum
Online /Unlimited free
Demand draftUnlimited free
PNB Grow Saving Account leaflet · Parameters and Features · accessed 30 Aug 2026Open official source ↗
Table 2 · 24 rows · 4 columnsPNB deposit rates currently publishedView tableHide table

Scroll sideways to view every column

PNB deposit rates currently published
Deposit / periodPublicSenior citizenSuper senior citizen
Savings Fund Account4.00% p.a.4.00% p.a.4.00% p.a.
7–14 days3.00%3.50%3.80%
15–45 days3.00%3.50%3.80%
46–90 days4.50%5.00%5.30%
91–154 days4.90%5.40%5.70%
155 days5.55%6.05%6.35%
156–179 days4.90%5.40%5.70%
180–270 days5.60%6.10%6.40%
271–302 days5.60%6.10%6.40%
303 days5.55%6.05%6.35%
304 days to under 1 year5.60%6.10%6.40%
1 year6.25%6.75%7.05%
Over 1 year to 389 days6.30%6.80%7.10%
390 days6.30%6.80%7.10%
391–443 days6.30%6.80%7.10%
444 days6.60%7.10%7.40%
445–665 days6.30%6.80%7.10%
666 days6.50%7.00%7.30%
667 days to 2 years6.30%6.80%7.10%
Over 2 to 3 years6.30%6.80%7.10%
Over 3 years to 1203 days6.35%6.85%7.15%
1204 days6.30%6.80%7.10%
1205 days to 5 years6.35%6.85%7.15%
Over 5 to 10 years6.00%6.80%6.80%
  • Savings Fund Account is the rate relevant to the five savings-account variants in this batch; the fixed-deposit rows are retained as the surrounding official rate table for context.
  • Domestic term-deposit rates in the table are for deposits below ₹3 crore and are shown as published by PNB with effect from 01 June 2026.
  • Customers should reconfirm the live PNB schedule before opening or renewing an account because rates can change.
PNB Interest Rates — Deposit · Savings Fund Account and Domestic term deposits below ₹3 crore · accessed 12 Sept 2026Open official source ↗

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