Punjab National Bank is offering interest ranging from 3.00 per cent to 7.30 per cent to its customers on FD accounts.
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PNB Savings Scheme: Punjab National Bank (PNB), one of the country’s largest public sector banks, has not yet reduced its FD interest rates following the recent repo rate cut. However, PNB may soon reduce its FD interest rates. It’s worth noting that the RBI cut the repo rate again by 0.25 percent on Friday, bringing the rate down to 5.25 percent. Today, we’ll tell you about a PNB FD scheme where you can earn fixed interest of up to ₹23,872 by depositing just ₹1 lakh.
PNB Offers the Highest Interest on 390-Day FDs
FD accounts can be opened with Punjab National Bank for tenures ranging from 7 days to 10 years. Punjab National Bank offers its customers interest rates ranging from 3.00 percent to 7.30 percent on FDs. This public sector bank offers the highest interest rate of 6.50 percent for general citizens, 7.00 percent for senior citizens, and 7.30 percent for very senior citizens on 390-day FDs. Punjab National Bank offers 6.40 percent for general citizens, 6.90 percent for senior citizens, and 7.00 percent for very senior citizens on 3-year FDs.
You can earn up to Rs 23,872 in fixed interest by depositing Rs 100,000.
If you are a general citizen and deposit Rs 1 lakh in a 3-year FD scheme with PNB, you will receive a total of Rs 1,20,983 on maturity, including Rs 20,983 in fixed interest. Similarly, if you are a senior citizen and deposit Rs 1 lakh in a 3-year FD scheme with PNB, you will receive a total of Rs 1,22,781 on maturity, including Rs 22,781 in fixed interest. If you are a super senior citizen and deposit Rs 1 lakh in a 3-year FD scheme with PNB, you will receive a total of Rs 1,23,872 on maturity, including Rs 23,872 in fixed interest.
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