Pnb Fixed Deposit Rates
FD interest rates Punjab National Bank (below Rs 2 crore) effective January 1, 2021:On fixed deposits maturing in the range of 7 days to 10 years, PNB is offering an interest rate ranging between. Get all the details on Company Fixed Deposits in India, List of Companies for Fixed Deposits, Interest Rates, Fixed Deposits Rating, Fixed Deposits Schemes and Company Fixed Deposits 2021. Punjab National Bank (PNB) FD Rates 2021 Updated on February 11, 2021, 12130 views. Punjab National Bank (PNB) offers competitive Fixed Deposit interest rates and a wide range of other benefits such as flexible tenure options, nomination Facility, loan/overdraft option, etc. Fixed Deposit of FD refers to an investment avenue which is generally offered by banks and post office. . Oriental Bank of Commerce and United Bank of India have been merged with Punjab National Bank, effectively from 1st April 2020. Therefore, updated rates will mirror with PNB NRE FD Rates. Small Finance Bank FD Rates. Our government has licensed some companies to operate as financial institutions, small finance banks for example. Punjab National Bank FD Calculator: Get details on Punjab National Bank FD rates on March 2021 by maturity period, deposit amount & fixed deposit interest rate with Punjab National Bank Latest.
Table of Contents
Pnb Fixed Deposit Rates Calculator
- 1 About PNB Housing Fixed deposit
- 1.3 Documents Required
About PNB Housing Fixed deposit
Fixed deposit is the safest mode of investment, which offers you higher returns on your investment. It not only offers you higher returns but at the same time, it offers you peace of mind as there is no market risk linked with this investment instrument. PNB Housing offers safe investment option for those who want to grow their money and earn higher interest. PNG Housing fixed deposit interest rates are higher than others. It offers various saving schemes to customers to make a choice. You can select any of these to invest your money for a pre-defined period.
PNB Housing Fixed Deposits Interest Rates
Regular Deposit Up to INR 5 Crore
| Tenure (Months) | Cumulative Option ROI (p.a.) | Non Cumulative Option ROI (p.a.) | ||||
|---|---|---|---|---|---|---|
| Return on Investment | Tentative Yield to Maturity | Monthly | Quarterly | Half Yearly | Yearly | |
| 12 - 23 | 6.20% | 6.20% | 6.03% | 6.06% | 6.11% | 6.20% |
| 24 - 35 | 6.45% | 6.66% | 6.27% | 6.30% | 6.35% | 6.45% |
| 36 - 47 | 6.60% | 7.05% | 6.41% | 6.44% | 6.49% | 6.60% |
| 48 - 59 | 6.60% | 7.28% | 6.41% | 6.44% | 6.49% | 6.60% |
| 60 - 71 | 6.70% | 7.66% | 6.50% | 6.54% | 6.59% | 6.70% |
| 72 - 84 | 6.70% | 7.93% | 6.50% | 6.54% | 6.59% | 6.70% |
| 120 | 6.70% | 9.13% | 6.50% | 6.54% | 6.59% | 6.70% |
Note – Senior Citizens can get special rates for deposits upto INR 1 Cr. Rest all terms and conditions remain the same.
Benefits of PNB Housing Fixed Deposit
Pnb Fixed Deposit Rates Calculator
- PNB Housing fixed deposit has been ranked among the top investment tools for its features and benefits. Rated as CARE-AAA’ & CRISIL “FAAA/Negative”-this rating indicates that the degree of the safety regarding timely payment of interest and principal is very strong and high.
- No tax deductions for the interest amount below Rs. 5000 per financial year.
- Loan facility is available up to 75% of deposit amount from all branches of PBN housing and PNB.
- You get the facility of cheque encashment in respect of interest and repayment of deposits from any of the PNB branch.
- It also offers you facility of premature cancellation after 3 months based on the discretion of the company.
- You will get the nomination facility as per NHB guidelines.
- Special rate of interest for senior citizens additional 0.25% rate of interest applicable for deposits up to INR 1 crore.
Documents Required
- Duly filled application form along with recent photograph
- Age proof such as valid passport, the certificate of statutory authority, driving license, etc.
- Residence proof such as driving license, telephone bill, electricity bill, ration card, voter id, any other valid certificate from statutory authority.
Premature Cancellation
All fixed deposits have minimum lock in period of 3 months.
The interest rates for pre-payment of deposits as follows:
Pnb Fixed Deposit Rates For Senior Citizens
- If you will withdraw your money before the maturity, then you need to pay the penalty on that in form of lower interest. If you withdraw money after three months, but before six months, the maximum interest payable shall be 4% per annum for individual depositors & no interest in the case of another category of deposits.
- If you will withdraw your money after six months but before the date of maturity, in that case, you will get 1% lower interest than the actually applicable interest rate to a public deposit for the duration of which you have fixed the amount.