If you are also planning to do FD, then the country’s second largest bank Punjab National Bank (PNB) has brought a special FD (Fixed Deposit) scheme. Let’s know about this special FD of the bank …
New Delhi. Even today, the first option of savings for many people is Bank FD (Fixed Deposit), because it is one of the safest investment options. Even though the interest rates on FDs have come down considerably in the current times, but still it is popular. Meanwhile, many banks have increased their fixed deposit interest rates at this time. Along with this, some banks have also launched new FD schemes. In view of the interest of customers in FD, the country’s second largest bank Punjab National Bank (PNB) has come up with a special FD scheme.
FD can be done from 7 days to 10 years
Explain that FDs can be made in banks from 7 days to 10 years. It is up to the customer to make FDs of short or long term as per their convenience, as per their short term or long term financial goals.
PNB Uttam Fixed Deposit
The mentioned annual FD rates are of PNB’s non-callable FD scheme ‘Uttam Fixed Deposit Scheme’. Term deposit of more than 15 lakhs but less than Rs 2 crores can be made in this scheme. These rates are applicable from 1 January 2021.
Check interest rate
– 4.05 per cent over a period of 91-179 days, 4.05 per cent for senior citizens
– 4.45 per cent for 180-270 days, 4.47 per cent for senior citizens
– 4.55 per cent for periods ranging from 271 days to less than 1 year, 4.60 per cent for senior citizens
– 5.25 per cent over a period of 1 year, 5.35 per cent for senior citizens
– 5.25 per cent for tenures ranging from 1 to 2 years, 5.35 per cent for senior citizens
– 5.25 per cent for the tenure of 2 years to 3 years, 5.50 per cent for senior citizens
– 5.35 per cent for tenures ranging from 3 to 5 years, 5.76 per cent for senior citizens
– 5.35 per cent for tenures ranging from 5 to 10 years, 6.09 per cent for senior citizens
Know what is maturity period
The maturity period of PNB Uttam Fixed Deposit is 91 days to 120 months.
