Investing is the need of the hour. This is the reason why the general public also often tries to invest. To invest, it is most important that you invest in a safe scheme or institution. If it is a matter of safe investment, then you can invest in the FD of Punjab National Bank.

The special thing is that very tremendous interest is being given by the bank on FD. Let us know in detail about the FD of PNB Bank.

How much interest is being received

Some time ago SBI Bank increased the FD rates and now Punjab National Bank has also increased the rates. The bank has increased 666-day FD rates by 95 basis points and fixed deposits of 3 to 10 years by 40 basis points. After the interest is received on FD, the common people will get a maximum interest of 7.25% and senior citizens will get 7.75%.

Great deal for super senior citizens

The interest rate is even higher in the Super Senior Citizen Scheme. According to the new rates implemented by Punjab National Bank from December 19, senior citizens will get interested at a maximum rate of 8.05%. FD rates have been increased by the bank on investments of less than 2 crores.

Interest is determined by the days

Punjab National Bank has fixed the interest based on days. In this case, the more days you deposit the amount, the more interest you will get.

How to get more information

Apart from this, if you are interested in getting any other information related to the FD of Punjab National Bank, then you can get information by going to any branch of the bank. Every bank has a help desk that can help you.

Photo Credit: Herzindagi

DISCLAIMER

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