PNB FD is giving strong interest to senior citizens as compared to common citizens, FD of Rs 50,000 will give this much return in 5 years
PNB Bank FD Calculator
PNB Bank FD Calculator: Punjab National Bank is the second largest government bank of India with which crores of people of the country are associated and keep their money invested in this bank. If you are also thinking of investing your money in a savings scheme, then PNB Bank's Fixed Deposit will be the best option for you. This bank is giving strong interest and return to its customers on FD scheme. Mutual Fund
PNB Bank FD Calculator
Punjab National Bank's Fixed Deposit scheme is most popular among the people. This bank gives the benefit of higher interest in FD to senior citizens as compared to common citizens. In this bank, you get the opportunity to choose different periods to invest in FD, whose interest rate is also different.
The longer the period you invest in PNB FD Scheme, the more interest and return you are given. Let us know how much interest and return this bank gives to its customers on a period of 5 years. Mutual Fund
PNB Fixed Deposit Interest Rate 2024
If any investor is thinking of investing in the Fixed Deposit Scheme of Punjab National Bank, then let us tell you that in this scheme you get the option of a period of 7 days to 10 years, in which you can invest your money by choosing any period.
Mutual Fund
This bank gives you the benefit of different interest on all periods, in which this bank gives the common citizen an interest of 3.50 percent to 6.50 percent (PNB FD Interest Rate) on FD from 7 days to 10 years. The bank offers 4.00% to 7.30% interest to senior citizens for a period of 7 days to 10 years.
This much interest is given to a common citizen on FD
If a common citizen invests in the Fixed Deposit scheme of Punjab National Bank, then this bank gives 3.50% interest on FD of 7 days to 14 days. At the same interest rate, you are given interest for a period of 45 days. 4.50% interest is offered on a period of 46 days to 90 days.
In PNB FD Scheme, you are given 5.50% interest on a period of 91 days to 179 days and 6.25% interest is offered on a period of 180 days to 210 days. This bank is offering 7.05% interest to the common citizen on a period of 300 days.
In this bank, the common citizen is being given 6.80 percent interest (FD Interest Rate) for a period of 1 year, while 7.25 percent interest is being given for a period of 400 days. If a common citizen invests for a period of 5 years, then he is being given 6.50 percent interest. In this bank, senior citizens are being offered 0.50 percent more interest than the interest rate of the common citizen for all these periods.
How to invest in Fixed Deposit
If you want to invest in PNB's Fixed Deposit scheme, then there are two options for this. First, you can go to the bank and open your account by filling the form manually and invest money in that account. Apart from this, if you have a savings account in PNB Bank, then you can also invest in this scheme online. You can invest in this scheme online through PNB's internet banking or PNB Bank's mobile application.
50 rupees FD will give this much return in 5 years: PNB Bank FD Calculator
Suppose if a common citizen invests Rs 50,000 in PNB Bank's Fixed Deposit scheme for a period of 5 years, then he is given an interest of 6.50 percent by the bank, according to which he is given only interest of Rs 19,021 in 5 years, which will give a return of Rs 69,021 on maturity.
On the other hand, if a senior citizen invests Rs 50,000 in PNB Bank's Fixed Deposit scheme for 5 years, then he is given an interest of 7.50 percent by the bank. According to which he is given only interest of Rs 20,739 in 5 years, which will give a return of Rs 70,739 on maturity.
