Punjab National Bank Savings Scheme: Punjab National Bank gives strong interest to investors on the FD scheme. It seems to be working to make people rich. RBI has cut the repo rate by up to 1 per cent this year. Due to this, many banks have also reduced the interest rates on FD. PNB is also still providing good interest to investors on FD.
You can take advantage of a long-term interest by doing an FD in PNB. Meaning, by depositing 1 lakh rupees, you can easily get interest up to Rs 23,872. There is a great opportunity to do an FD in Punjab National Bank. We can tell you the important things related to doing an FD in PNB in detail below. This will make investors rich.
PNB is giving a strong interest
You can get great returns even by doing a short-term FD in PNB. By the way, you can open an FD account for a minimum period of 7 days and a maximum period of 10 years. PNB is counted among the government banks of India. It gives interest ranging from 3% to 7.40% on FD. In this bank, the maximum interest that general citizens get on an FD of 390 days is 6.60%.
In this, senior citizens are getting 7.10% interest, and super senior citizens are getting 7.40% interest. If you make an FD for three years, then general citizens get 6.40% interest. Apart from this, senior citizens get 6.90% interest, and super senior citizens get 7.20% interest.
You will get bumper benefits from the investment of 1 lakh
If you deposit 1 lakh rupees in an FD scheme for 3 years in Punjab National Bank, then you will get a good interest rate. This means that general citizens will get Rs 1,20,983 on maturity. In this, you will get a fixed interest of Rs 20983.
If you are a senior citizen, then if you make an FD of Rs 1 lakh in PNB for 3 years, you will get a total benefit of Rs 1,23,872 on maturity. There will be a fixed interest of Rs 23,872 in this. This amount is going to prove to be a boon.