Punjab National Bank (PNB), the country’s leading public sector bank, has launched a special FD for its customers. Investors can invest their money in this FD for a short period of time. Let’s learn the details.
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New FD Scheme: Bank FDs are very popular among people as a safe investment option. There’s no fear of losing money with a bank FD. Furthermore, the returns are pre-fixed. Various banks across the country offer their customers various FDs with varying tenures, offering different interest rates. Now, Punjab National Bank (PNB), the country’s leading public sector bank, has launched a special FD for its customers. Let’s learn the details.
PNB’s Special FD
PNB, the leading public sector bank, has launched a new special tenure FD for its customers, allowing investors to invest their money for a short period and earn good returns. This FD is only for 155 days, or approximately 5 months. The interest rates for this 155-day FD are as follows.
General Citizens – 5.55 percent (below 60 years)
Senior Citizens – 6.05 percent (above 60 years)
Super Senior Citizens – 6.35 percent (above 80 years)
This special PNB FD is ideal for those looking to securely invest their money for a short period of time. Investors can easily invest in this FD through the PNB One app, net banking, or by visiting the bank.
Other PNB FDs
PNB offers its customers various other FDs with tenures ranging from 7 days to 10 years, with the following interest rates:
1 year – 6.10 percent
2 years – 6.30 percent
3 years – 6.30 percent
5 years – 6.10 percent
