The Punjab National Bank (PNB) has launched an attractive Fixed Deposit (FD) scheme for 2025 that allows investors to earn significant returns on safe deposits. With interest rates currently competitive among banks, a deposit of ₹2 lakh can yield approximately ₹50,000 in interest over the selected tenure. This makes the PNB FD scheme a compelling option for risk-averse investors seeking assured income.
How the Interest Works on a ₹2 Lakh Deposit
Under the PNB FD scheme, the interest is calculated using quarterly or annual compounding, depending on the tenure chosen. When an investor places ₹2 lakh in a fixed deposit for a medium-term period typically 3 to 5 years the accumulated interest over that period can reach around ₹50,000. This means the principal remains intact while the interest grows steadily over time.
Tenure Options Available
Investors can choose between different tenures based on their financial goals. For example, a 3-year or 5-year PNB FD often offers higher interest rates compared to shorter durations. Choosing a longer tenure not only increases the interest earned but also maximises the benefit of compounding.
Benefits of PNB Fixed Deposits
Fixed Deposits with PNB come with the assurance of safety and guaranteed returns. Unlike market-linked investment options, FDs provide stable earnings without exposure to market volatility. This makes them ideal for conservative investors, retirees, and individuals saving for medium-term goals.
Interest Crediting and Maturity
Interest can be paid out periodically (monthly or quarterly) or reinvested and paid at maturity along with the principal. When interest is reinvested through compounding, the total amount receivable at maturity includes both principal and interest, contributing to the ₹50,000 return on a ₹2 lakh investment.
Additional Benefits for Senior Citizens
PNB often offers higher interest rates for senior citizens on its FD products. This means that a senior citizen investing ₹2 lakh could earn even more than ₹50,000 over the same tenure when compared to regular rates. This added benefit makes PNB FDs especially attractive for retirees.
Premature Withdrawal Rules
While PNB FDs are intended to be held until maturity, investors can choose to withdraw prematurely if needed. However, premature withdrawal may come with a slight reduction in interest rate. It’s recommended to plan the investment horizon accordingly to avoid loss of returns.
How to Open a PNB FD
Opening a fixed deposit with PNB is straightforward. Investors can visit a branch or use online banking to create an FD account. Required documents typically include identity proof, address proof and bank account details. The amount is then locked in for the chosen tenure, and interest begins to accrue immediately.
Why Choose PNB FD in 2025
With stable returns, competitive interest rates, safety of principal, and flexible tenures, the PNB FD scheme for 2025 stands out as a reliable investment choice. Earning up to ₹50,000 in interest on a ₹2 lakh investment is a smart way to grow savings without risk.
Conclusion
If your goal is a secure and assured return, the PNB FD Scheme 2025 is worth considering. With a possible ₹50,000 interest on ₹2 lakh, guaranteed returns and added benefits for senior citizens, it remains an attractive option for many investors.