PNB Housing Finance FD Rates: Following the interest rate hike announced on fixed deposits by various Indian banks, PNB Housing Finance has increased the fixed deposit (FD) interest rates from 10 bps to 25 bps on various tenors. New PNB Housing Finance FD rates from June 15, 2022. Will be effective on all fixed deposits up to 50 million. After the change in PNB Housing Finance FD interest rates, the housing finance company FD interest rate will be for tenures ranging from 6 per cent to 7.25 per cent.
in New PNB Housing Finance FD Interest Rates With effect from June 15, 2022, PN B Housing Finance is offering 6 per cent return on deposits for tenures ranging from 112 to 23 months, while the fixed deposit interest rate offered on deposits of 24 to 35 months is 6.40 per cent per annum. Will go For deposits of 36 to 47 months, PNB Housing Finance is giving 6.85 per cent annual return while for deposits of 48 to 59 months will give 7.10 per cent annualized return. Hence, PNB Housing Finance is offering 6 per cent to 7.10 per cent annualized return on non-tax saving fixed deposits.
tax saving fixed deposit
Tax saving fixed deposits in revised FD interest rates will yield 7.25 per cent returns annually. After the implementation of these revised FD interest rates, the floating maturity yield on Tax Saving Band Fixed Deposit will go up from 8.38 per cent to 10.14 per cent.
PNB Housing Finance FD Interest Rate
Senior citizens (above 60 years) will be eligible for an additional rate of interest (ROI) of 0.25 per cent for all tenors.
Check below the complete list of ONB Housing Finance FD rates:
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The mentioned yield is calculated using the first month of each tenure grid.
premature withdrawal
According to the information available on PNB Housing Finance Website“PNB Housing provides a provision for premature cancellation of your fixed deposit. There is a mandatory lock-in for 3 months, after which the fixed deposit can be withdrawn. However, the interest rate will be less than the initial agreed upon. FD interest rate.
Rate of interest for premature withdrawal, applicable:
1]made within six months from the date of deposit, the interest paid is 4 per cent per annum; And
2]Interest will be paid at 1 per cent less than the applicable FD interest rate on public fixed deposits made after six months, for the period for which the deposit was made.