How to find the best rates for PNB HFL Fixed Deposit
PNB Housing Finance Limited is a housing finance company offering safe investment options in the form of fixed deposits. These deposits come at attractive and competitive rates of interest.
The table above lists the rates on its fixed deposit schemes and their corresponding tenures.
Mid-Term Fixed Deposit Rates
The interest rates on regular deposits for a 1 year tenure is 8.35% - monthly, 8.4% - quarterly, 8.5% - half-yearly and 8.7% annually under its non-cumulative options and 8.7% under its cumulative option.
Long-Term Fixed Deposit Rates
Long-term regular fixed deposits also feature the same interest rates at 8.35% - monthly, 8.4% - quarterly, 8.5% - half-yearly and 8.7% - annually.
Fixed Deposit Rates for Senior Citizens
PNB Housing Finance Limited offers fixed deposits for senior citizens at 0.25% higher than rack rates. However, this additional rate is available on deposit amounts of Rs.1 crore and below. Rack rates apply on amounts over Rs.1 crore. The tenure for these fixed deposits can be anywhere between 1-10 years. Senior citizens are those over the age of 60 years.
All rates are on a per annum basis and effective from July 8th 2015. Rates can be changed as the company sees fit.
Good information, Very nice. Thanks for the useful article.
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