If you want guaranteed bumper returns on any investment in a short period of time, then this scheme of Punjab National Bank can be very useful for you. Know how much profit everyone from ordinary people to super senior citizens can earn on investment of Rs 1 lakh, 2 lakh and 5 lakh.
If you like safe investment and want bumper returns, then there is a special scheme option for you in Punjab National Bank (PNB). The special thing is that in this scheme you will not have to invest your money for a very long time, but even in a short time you will get good profits. We are talking about the fixed deposit scheme of PNB, on which PNB has recently increased the interest rates. The new interest rates have come into effect from January 8.
The interest on this FD has been increased by Punjab National Bank by 80bps i.e. 0.80%. With the increased interest rates, now general people, senior citizens and super senior citizens will all get the benefit of increased interest rates on this FD. In such a situation, now interest up to 7.85% can be charged on this FD. Know how much profit everyone from ordinary people to super senior citizens can earn on investment of Rs 1 lakh, 2 lakh and 5 lakh.
These are the increased interest rates
In this fixed deposit scheme of PNB, common people are getting interest at the rate of 7.05%, which was earlier 6.25%, while senior citizens will get 7.55% interest which was earlier 6.75%. Super senior citizens can avail the best interest on this. Now they will get interest at the rate of 7.85% which was earlier 7.05%.
How much profit on investment of Rs 1 lakh
General people: Interest rate 7.05%, profit Rs 6,362 = amount after maturity Rs 1,06,362
Senior Citizen: Interest rate 7.55%, profit Rs 6,405 = amount after maturity Rs 1,06,405
Super Senior Citizens: Interest rate 7.85%, profit Rs 6,665 = amount after maturity Rs 1,06,665
How much profit on investment of Rs 2 lakh
- General people: Interest rate 7.05%, profit Rs 12,723 = amount after maturity Rs 1,12,723
- Senior Citizen: Interest rate 7.55%, profit Rs 12,810 = amount after maturity Rs 1,12,810
- Super Senior Citizens: Interest rate 7.85%, profit Rs 13,330 = amount after maturity Rs 1,13,330
How much profit on investment of Rs 5 lakh
- General people: Interest rate 7.05%, profit Rs 31,808 = amount after maturity Rs 1,31,808
- Senior Citizen: Interest rate 7.55%, profit Rs 32,024 = amount after maturity Rs 1,32,024
- Super Senior Citizens: Interest rate 7.85%, profit Rs 33,326 = amount after maturity Rs 1,33,326
