Pnb Fixed Deposit Interest Rate

  
  • PNB medium-term fixed deposits offer a rate of interest ranging from 4.50% p.a. To 5.30 percent per annum for anytime between 1 and 5 years. For 1-year deposits, the PNB FD interest rate is 5.25 percent. And for deposits between 3 and 5 years, the applicable rate of interest is 5.30 percent. PNB Long-Term FD Rates.
  • Punjab National Bank FD Interest Calculator is an online financial tool that allows you to calculate the maturity value of your fixed deposit at the interest rate offered by bank. The amount of FD, interest rate, deposit tenure and compounding frequency of interest together determine the maturity amount of the FD at the end of the tenure.

Punjab National Bank or known in the short form of PNB is offering fixed deposit to both its customers as well as staff. Before proceeding with the opening of a fixed deposit account with the bank, it is crucial that the individual possesses an online Internet banking account as well as the transaction password. Without the availability of the transaction password, it is not possible for the customer to open a fixed deposit using online services. In such cases, they have two visit the home branch and request for the opening of the FD and for more information on the same you can also visit netpnb.

A fixed deposit account is beneficial when compared with that of a savings account, as it provides a higher rate of interest. For instance, a savings banking account offers 6% as the rate of interest per annum while the fixed deposit account offers 8% and above depending on the amount deposited in the number of days.

The following steps will provide information related to the opening of a fixed deposit account with Punjab National Bank.

Now they are back. Fixed Deposit scheme of PNB Housing Finance Limited (PNBHFL), a subsidiary of Punjab National Bank (PNB), is offering an interest rate of up to 8.45%. These FD schemes also come with tax benefits and loan facility. The PNB Housing Finance's FD comes in two variants - a) Regular deposits up to Rs 5 crore.

  1. If you have the Internet banking account, sign in with the user ID and password. If you do not have an account, you can visit the branch, fill out the application form, and open a fixed deposit account. The application form consists of the account number, account holder’s name, amount to open the fixed deposit, and the tenure.
  2. If you are using the online services, you will find “open fixed deposit account” option under the manage accounts tab.
  3. Upon clicking the option, the website will ask to confirm the terms and conditions for opening the fixed deposit account. The user can go through the terms and conditions and press “I agree” button at the bottom of the window.
  4. In the next window, the user will see the details for opening the fixed deposit account. It contains information related to customer type, FD account type, partial withdraw, maturity instructions, and FD interest payment options. The customer can be either the staff or the public. FD type can be normal or tax saver. A tax saver account requires the user to open the FD for five years and enjoy tax benefit. The user can choose for a partial withdrawal, which provides the ability to withdraw a portion of the fixed amount. Maturity instructions include the auto renewal or auto closure. One can select the interest payout option as maturity or income, where income can be monthly or quarterly.
  5. In the next week, the user can enter the amount they wish to choose as the fixed deposit amount.
  6. They can proceed with the duration of the fixed deposit by entering the number of years, months, and days.
  7. They can also choose to specify the date of the account opening of the fixed deposit.
  8. If there are multiple accounts marked to the single user account, the user can select the preferred account from which they wish to debit the amount for opening the fixed deposit account.
  9. They have the eligibility to opt for a nominee.
  10. The user can review the entered details and click the submit button.
  11. In the next screen, the bank will request for confirmation and ask you to input the transaction password. Enter the transaction password and click the submit button.
  12. It was thus open the fixed deposit account according to the stated tenure and for the said amount.

The above points will be helpful for a user to open fixed deposit using their Internet banking account and transaction password provided by the Punjab National Bank.

Find Punjab National Bank NRE FD Interest Rates (as on 06 Mar 2021). The interest rates for below 1 crore and above 1 crore on fixed deposit depend on which category you fall under and your choice between different banks.

Punjab National Bank offers NRO Fixed deposit interest rates to NRI customers from 1 year to 5 plus years. Find Punjab National Bank FD interest for NRO customer from below list.

Punjab National Bank provides different services to its customers some of them are Home loan,Personal loan,Car loan,Two Wheeler loan, Gold loan. You can get Punjab National Bank IFSC Code,MICR Code, Swift Code for NEFT, RTGF fund transfer.

Punjab National Bank NRE FD Interest Rates Rs 1 Crore (as on 06 Mar 2021)

Pnb Fd Interest Rates

Disclaimer: The NRE Fixed Deposit Interest Rates keep on changing. You are advised to check the interest rates with banks before making your FD. Pnb fixed deposit interest rate 2021Source: Bank Websites

Pnb Fixed Deposit Interest Rates In India

Other Banks NRE FD Interest Rates Rs 1 Crore

Disclaimer: The NRE Fixed Deposit Interest Rates keep on changing. You are advised to check the interest rates with banks before making your FD. Source: Bank Websites