New Delhi. The country’s second largest public sector bank i.e. Punjab National Bank keeps on coming up with some great offers for its customers all the time.
Now the bank is giving a special offer to its senior citizens (Senior Citizen Rates). The bank has increased the interest rates on fixed deposits (FDs) of all tenors for super senior citizens.
PNB is offering an additional 80 basis points (BPS) on Fixed Deposits (FDs) for senior citizens above the age of 80 years. Additional interest rate is available on all tenors ranging from 7 days to 10 years.
PNB Offering Highest Interest
to Senior Citizens Banks usually offer higher interest rates, 50 bps, to senior citizens (60 years and above) over the FD rates of the general public. PNB is the first bank that is currently offering higher interest rates on fixed deposits to senior citizens.
As per the information available on PNB website, super senior citizens above the age of 80 years will get an additional interest rate of 80 bps over the card rate applicable across all maturity buckets. Apart from this, in case of retired staff members who are also super senior citizens, they will get 180 basis points (bps) interest rate on all tenors.
PNB’s Latest FD Rates
for Super Senior Citizens PNB had on September 13 increased the interest rates on fixed deposits for all tenors for super senior citizens. The bank is offering fixed deposits starting from 7 days to a maximum of 10 years. Super senior citizens are getting interest rates ranging from 3.80% to 6.55% on fixed deposits maturing in 7 days to 1111 days.
All information available on WhatsApp
In an effort to make banking services more accessible, PNB has launched banking services through WhatsApp for both customers and non-customers. The WhatsApp banking service will be available 24×7 on both Android and iOS-based mobile phones.
