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HomePersonal FinancePNB released new FD interest rates: Good news! PNB also increased interest...

PNB released new FD interest rates: Good news! PNB also increased interest on fixed deposits, now customers will get more returns than before

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PNB Housing is now offering interest ranging from 7.35 per cent to 7.40 per cent on fixed deposits maturing in 12 to 120 months. PNB Housing Finance is now offering 7.35% interest on FDs maturing in 12 to 23 months. Whereas the rate of interest on FD maturing in 24 to 35 months is 7 percent.



PNB Housing Finance Limited (PNB Housing) has increased the interest rate on its fixed deposit schemes. This increase has been done on fixed deposits of less than Rs 5 crore. The increased interest rates have become effective from 17 February 2023 itself. The benefit of increased interest rates will be available on FDs maturing in 12 months to 120 months.

How much interest was increased

PNB Housing is now offering interest ranging from 7.35 per cent to 7.40 per cent on fixed deposits maturing in 12 to 120 months. PNB Housing Finance is now offering 7.35% interest on FDs maturing in 12 to 23 months. At the same time, the rate of interest on FD maturing in 24 to 35 months is 7 percent.

How much is the interest rate on which period

The interest rate on fixed deposits maturing in 36 to 47 months is 7.70 per cent. At the same time, the interest rate on fixed deposits maturing in 48 to 59 months is 7.40 percent. The interest rate on FDs maturing in 60 to 71 months is 7.50 per cent and the interest rate on FDs maturing in 71 to 120 months is 7.40 per cent.

Senior citizens will get the benefit of higher interest

PNB Housing Finance is offering higher interest benefits to senior citizens for deposits up to Rs 1 crore. Senior citizens are being given the benefit of additional 0.25 per cent interest. At the same time, customers have the option of choosing interest on monthly, quarterly or annual basis.

PNB Housing Provides Door Step Facility

PNB Housing has a network of more than 100 branches in more than 35 cities in India. No TDS is deducted on Fixed Deposits up to Rs 5,000. Apart from this, after the lock-in period of three months, you can also withdraw money from it.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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