PNB FD Scheme : Punjab National Bank (PNB) frequently launches new Fixed Deposit (FD) schemes for its customers. Recently, the bank has introduced a 400-day FD scheme offering attractive returns. If you are planning to invest in this PNB FD Scheme, here is the complete information for you.
PNB FD Scheme – 400 Days
Punjab National Bank has launched a new 400-day Fixed Deposit scheme that provides customers with higher returns compared to previous FD options. The bank offers FD schemes ranging from 7 days to 10 years, with different interest rates applicable for each tenure.
Being a government-owned bank, Punjab National Bank ensures complete safety of your investment. So, if you want to earn good returns with safety, the PNB 400 Days FD Scheme can be a great option for you.
Key Details of PNB 400 Days FD Scheme
This special FD scheme from Punjab National Bank has a tenure of 400 days.
- Minimum investment amount: ₹1,000
- Maximum investment: No upper limit (you can invest as much as you wish)
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Eligibility:
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The applicant must be an Indian resident.
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The minimum age requirement is 18 years or above.
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How to Invest in PNB 400 Days FD Scheme
PNB allows customers to invest through two methods — offline and online.
1. Offline Method:
You can visit your nearest PNB branch and fill out the FD form. Along with the form, you need to submit necessary documents such as:
- Aadhaar Card
- PAN Card
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Proof of residence
After submitting these documents and depositing the amount, your FD account will be activated.
2. Online Method:
If you have a PNB savings account, you can invest easily using Internet Banking or the PNB mobile app. The entire process can be completed online without visiting the branch.
PNB 400 Days FD Scheme Interest Rates
This FD scheme offers higher interest rates compared to other savings options.
| Category | Interest Rate |
|---|---|
| General Citizens | 7.25% |
| Senior Citizens | 7.75% |
| Super Senior Citizens | 8.05% |
Return on ₹2 Lakh Investment in PNB 400 Days FD Scheme
Here’s how much return you can expect if you invest ₹2,00,000 in this scheme:
| Category | Interest Rate | Interest Earned | Total Amount (After 400 Days) |
|---|---|---|---|
| General Citizens | 7.25% | ₹15,890 | ₹2,15,890 |
| Senior Citizens | 7.75% | ₹16,930 | ₹2,16,930 |
| Super Senior Citizens | 8.05% | ₹17,630 | ₹2,17,630 |
Conclusion
The PNB 400 Days FD Scheme is a safe and profitable investment option for individuals seeking short-term, fixed-income returns. With attractive interest rates and flexible investment options (both online and offline), it’s an ideal choice for those who prefer stability and security along with good returns.
If you’re looking for a trustworthy FD plan, Punjab National Bank’s 400 Days Fixed Deposit Scheme is definitely worth considering.
