Public sector giant Punjab National Bank (PNB) has launched a special FD scheme for a tenure of 600 days. This scheme is valid on FDs up to Rs 2 crore. Under this, interest rates up to 7.85 percent are being offered to senior citizens and super senior citizens.

Giving information about this, Atul Kumar Goel, MD & CEO, Punjab National Bank said, “Our aim is to offer best in class offers to our customers. With such high FD rates, the bank is giving a good option to the customers. So that customers can earn the most on their savings.

This is the special FD scheme of PNB Special FD scheme of PNB for people of 60 years and above (Senior Citizen) and 80 years and above (Super Senior Citizen) on FD up to Rs 2 crore Interest is being offered on the rates. This plan with FD of 600 days comes with both callable and non-callable options. Existing customers of the bank can avail this scheme through PNB ONE App and internet banking.

Under the scheme, the interest

rate of PNB’s special FD has been implemented from October 11. Under this scheme, PNB is offering 7.50 percent interest to senior citizens and 7.80 percent to super senior citizens in the callable option. In the non-callable option, the general public will get interest at the rate of 7.05 percent. On the other hand, senior citizens will get 7.55 percent and super senior citizens will get 7.85 percent interest. The highest interest is getting on special FDs at the rate of 7.85 percent.

These are the normal FD interest rates.

PNB offers FD plans with tenures ranging from 7 days to 10 years. Under this, interest from 3.50 percent to 7.50 percent is given. The interest rates on FDs are different for general citizens, senior citizens and super senior citizens.

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