Pnb Fixed Deposit Rates
Table of Contents
- 1 About PNB Housing Fixed deposit
- 1.3 Documents Required
The current interest rates applies to PNB Peso time deposits that range 1 year for amounts 5M. The rate of 1.125% is 0.38% lower than the average 1.5%. Also it is 0.625% lower than the highest rate 1.75 Updated Jun, 2018 on Philippine National Bank's secure website.
- PNB FD calculator online - Calculate PNB FD Interest rate using PNB Fixed Deposit calculator 2021. Check PNB FD rate of interest and calculate FD final amount via PNB FD Calculator on The Economic Times.
- SBI pays an interest rate of 5.30% p.a. For an investment period of 5 years for all regular term deposit holders When it comes to senior citizens, the rate of interest paid by the bank is 0.50% higher per annum For 5-year deposits, those who are 60 years and above can expect an interest rate of 5.80.
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 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
Pnb Fixed Deposit Rates Uk
All fixed deposits have minimum lock in period of 3 months.
Pnb Fixed Deposit Rates Calculator
The interest rates for pre-payment of deposits as follows:
Pnb Fixed Deposit Rates Calculator
- 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.