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PNB Scheme: Punjab National Bank (PNB) is one of the well-known and leading banks in the country. It is giving strong returns to its customers on investing in schemes.
 

PNB Scheme:  The most special among them is the PNB FD scheme, also known as fixed deposit. If you are looking for a safe investment then you can get attractive returns.

PNB FD Scheme

Any person can deposit money in PNB FD scheme for a period of 7 days to 10 years. The longer the period for which the money is deposited, the higher the returns will be. In this, you can choose the investment according to your need. Senior citizens are given additional interest rate on this deposit (PNB FD scheme).

If you deposit money for 3 years, you can get 7% return. There are several options available in FD (Fixed Deposit) schemes in Punjab National Bank (PNB):

1. PNB Ordinary Fixed Deposit Scheme:

Minimum amount: ₹100

Maximum amount: ₹1,99,99,999

Duration: 7 days to 179 days

Overdraft/loan facility is available on ₹10,000 and above.

2. PNB Tax Shield – Fixed Deposit Scheme:

Minimum Deposit Amount: ₹100

Maximum deposit amount: ₹1.5 lakh (per financial year)

Duration: 5 to 10 years

Lock-in period: 5 years

Interest can be paid on a monthly, quarterly, half-yearly or yearly basis.

3. PNB Pranam Fixed Deposit Scheme (for senior citizens):

Age: 55 years and above

Minimum Deposit Amount: ₹100

Maximum amount: ₹1,99,99,999

Tenure: 1 year to 10 years

Senior citizens get an additional 0.5% interest.

The interest rates in these schemes vary depending on the tenure. You can get more information from the bank's website or nearest branch.