Punjab National Bank just presented a great opportunity for the public to earn a big amount without doing anything more than opening a new fixed deposit with a high rate of interest. Punjab National Bank FD interest rate has been hiked as high as 7.25% and there is a very easy way to earn over Rs 70000 for the general citizens of this country. Senior citizens can earn .5% more interest. And the best part about the earnings is revealed by the PNB FD calculator.
Notably, a fixed deposit is one of the best ways to earn money if you have some surplus money lying around in your savings bank account. Unless you have that money in your SB account for emergencies, you should make sure that you don’t leave it there. The reason is that you can earn more money by investing it in a risk-free instrument like a bank fixed deposit. In this case, we are talking about the Punjab National Bank FD.
So, if an investor opens a PNB FD for Rs 300000 for a period of 3 years, he will get an interest of 7.25% from the Punjab National Bank. The Punjab National Bank FD interest rate is so high that after 36 months, the investor will get back a massive sum of Rs 3,72,164. The Punjab National Bank FD calculator shows that out of this amount, the investor earned a whopping Rs 72,164 in interest.
In fact, FDs of even smaller value are great instruments to generate good returns for an investor. The idea is not to let any money lie idle in your savings bank account, make it work and sweat for you. This will add to the income you are earning from your job and ensure a more comfortable life for you and your family. Do note that FDs are not tax-free.
Do note that these are indicative values as per the Punjab National Bank.
Learn how to make money work for you. With Punjab National Bank FD interest rate of 7.25%, you can easily earn over Rs 72000 with your investment in no time at all. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
