PNB launches special fixed deposit scheme, know how much interest is being received

new Delhi. Bank FD (Fixed Deposit) is the first option of savings for many people even today. Because it is one of the safest investment options. Even though at present the interest rates on FD have come down significantly but still it is popular. In such a situation, many banks have increased the interest rates of their fixed deposits at this time. Along with it many banks have also launched new FD scheme. In view of the interest of customers in FD, Punjab National Bank (PNB), the second largest bank in the country, has brought a special FD scheme.

FD can be granted from 7 days to 10 years
Please tell that FDs can be made in banks from 7 days to 10 years. It is up to the customer to make short or long term FDs according to their convenience, in line with their short term or long term financial goals.

PNB Best Fixed DepositThe stated annual FD rates are PNB’s non-collateral FD scheme Uttam Fixed Deposit Scheme. In this scheme, term deposits of more than 15 lakhs but less than 2 crore rupees can be made. These rates are applicable from 1 January 2021.

Also Read: Want to earn more profit from FD in just 4 months, invest here, choose the best option for yourself

In a falling interest rate regime, invest in PNB UTTAM FD Scheme and earn a higher rate of interest.To know more: https://t.co/jJSO8K65RW#PNBUttamFixedDepositScheme pic.twitter.com/cPqTnXUoST

— Punjab National Bank (@pnbindia) March 29, 2021

Interest Rates: –
4.05 per cent for 91-179 days duration, 4.05 per cent for senior citizens
4.45 per cent for 180-270 days duration, 4.47 per cent for senior citizens
4.55% for the period from 271 days to less than 1 year, 4.60% for senior citizens
5.25 per cent over a period of 1 year, 5.35 per cent for senior citizens
5.25% for 1 to 2 years period, 5.35% for senior citizen
5.25% for 2 years to 3 years duration, 5.50% for senior citizens
5.35 per cent for a period ranging from 3 to 5 years, 5.76 per cent for senior citizens
5.35 per cent for a period ranging from 5 to 10 years, 6.09 per cent for senior citizens

Maturity period
The maturity period of PNB Best Fixed Deposit ranges from 91 days to 120 months.