Punjab National Bank (PNB) Fixed Deposit Update: In times of inflation and fluctuating interest rates, securing safe and profitable investment options is crucial. PNB is currently offering attractive interest rates ranging from 3.25% to 7.40% on its Fixed Deposit (FD) schemes, making it a lucrative choice for investors looking for guaranteed returns.
While PNB offers FDs ranging from 7 days to 10 years, the 390-day FD is currently the most rewarding:
General Citizens: 6.60% interest
Senior Citizens: 7.10% interest
Super Senior Citizens (80+ years): 7.40% interest
Additionally, the 2-year FD also offers good returns:
General Citizens: 6.40%
Senior Citizens: 6.90%
Super Senior Citizens: 7.20%
Here’s how much you can earn by depositing ₹2 lakh in PNB FD:
Category | Tenure | Total Amount Received | Interest Earned |
---|---|---|---|
General Citizen | 2 years | ₹2,27,080 | ₹27,080 |
Senior Citizen | 2 years | ₹2,29,325 | ₹29,325 |
Super Senior Citizen | 2 years | ₹2,30,681 | ₹30,681 |
Safe Investment: Principal amount is secure.
Guaranteed Returns: Fixed interest irrespective of market fluctuations.
Flexible Tenure: From 7 days to 10 years.
For anyone looking to grow savings without taking risk, PNB’s FD scheme is a reliable and profitable option.