Punjab National Bank (PNB) on Friday said that it will pay 7.85 per cent interest annually on a 600-day special fixed deposit (FD) scheme. This special FD scheme has come into effect from 19 October 2022.
Punjab National Bank (PNB) said that it will pay 7.85 per cent interest annually on a 600-day special fixed deposit (FD) scheme.
Punjab National Bank (PNB) said on Friday that it would launch a 600-day Special Fixed Deposit (FD) will give 7.85 percent interest annually on the scheme. This special FD scheme has come into effect from 19 October 2022. said in a statement bank Offering interest rates as high as 7.85 per cent per annum. This scheme is for senior citizens (60-80 years) and super senior citizens (80 years and above). Under this, a lump sum amount of less than two crore rupees can be deposited.
There are two types of options
This special 600 day FD scheme of PNB is available with and without premature withdrawal. PNB is offering an interest rate of 7 per cent per annum under the option of premature withdrawal. Apart from this, there is an interest rate of 7.50 percent for senior citizens and 7.80 percent for super senior citizens.
At the same time, without premature withdrawal option, interest is being received at the rate of 7.05 percent per annum. In this, there is an interest rate of 7.55 percent for senior citizens and 7.85 percent for super senior citizens. In this way, PNB is now offering a maximum interest rate of 7.85 percent on the special FD scheme.
You can also invest online
Speaking on this special offer, Atul Kumar Goel, MD & CEO, Punjab National Bank said that the bank aims to offer best-in-class schemes to its valued customers and is happy to offer customers higher interest rates, which will enable them to earn more on their savings. can earn. He said that for more ease, the existing customers of the bank can also take advantage of this scheme online through PNB One App and Internet Banking.
Earlier, Punjab National Bank (PNB) had increased the fixed deposit rate on 25 October. PNB had increased the FD rate for the second time this month. The benefit of increased interest rates is being given on FDs of less than Rs 2 crore. The new rates of PNB’s fixed deposits have come into effect from 26 October. Earlier, Punjab National Bank had revised the FD interest rates on October 19, 2022. According to PNB, 4.50% interest is being received on FDs maturing in 46 to 90 days. FD interest for this period has been increased by 75 basis points. The new rate has been implemented from 26 October.
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