The Punjab Provincial Co-operative Bank Limited (PPCBL) is receiving deposits from its clients under its various attractive deposit schemes, PPCBL spokesman Rana Irshad Ali said on Monday. He said under the Super Saver Scheme, the bank is paying 7 percent profit per annum. Minimum amount under this head should not be less than Rs 20,000.00. There is no maximum limit of this deposit.
Under the KIDs education scheme, Rs 2,000 could be deposited per month. The annualised return on this deposit is 9 percent on maturity. PPCBL is also paying monthly profit on the saver account.