Punjab National Bank (PNB), a foremost name in Indian banking, assures high safety and returns with its new FD scheme. The attractive FD schemes allow an investor to earn a new high podium for spot of ₹50,000 on a deposit of merely ₹2 lakh, marking the scheme valuable with regard to yield amongst FDs of the present marketing.
What is a New PNB FD Scheme?
The FD scheme has been crafted to presented higher returns within a fixed tenure with complete safety on investment. This scheme would be nice for an investor who would like to keep his money safe from market risk and grow his or her savings.
Attractive Returns on Investment-
Investors can earn Rs. 50,000 as interest, subject to the tenure and interest rate. Hence this scheme would provide an investor with sufficiently guaranteed returns-well in excess compared to a savings account of any name. Senior citizens would also enjoy the benefit of accrue extra interest, thereby enhancing their return.
Safe and Reliable Investment Option
Due to being a government-owned public sector bank, it ensures absolute safety of deposits. FD returns are not subject to fluctuations like in market-linked investments, hence it is best suited for those who are averse to any kind of uncertainty and prefer stable income.
Who should consider investing in this FD scheme?
This FD scheme shall be well suited for all the working professionals and retirees and business persons who want to park their money with an attractive return. Senior citizens requiring steady income after retirement shall find this scheme highly beneficial.
Easy Access and Flexibility
Viewing print copy of The Telegraph in PNB branch from parent PNB. Have flexible options such as auto-renewal, a nomination facility, and premature withdrawal (subject to applicable rules), wherever said customers take the opportunity.
Conclusion
The PNB FD Scheme is a really lucrative option for savings for many people who prefer safety and enhanced returns. It is offering ₹50,000 as interest on a ₹2-lakh deposit, making it an attractive option for investment. It is secured and backed by reliability, meeting the diverse financial needs of any investor, thereby making PNB one of the attractive choices by the year 2025.