PNB Housing Finance introduces unbeatable 8.30% fixed deposit rates for seniors, now available.

TLDR:

• PNB Housing Finance introduces limited-time promotion with fixed deposit interest rates up to 8.30% for senior citizens
• Revised FD rates are set at 8% for individuals below 60 years and 8.30% for seniors with a tenure of 23 months

PNB Housing Finance recently launched a promotion offering exclusive fixed deposit interest rates for senior citizens. The revised rates of up to 8.30% are designed to provide a secure investment option for individuals looking to grow their wealth. With a tenure of 23 months, senior citizens can benefit from 8.30% interest rates, while individuals below 60 years can avail rates of 8%. This limited-time offer is valid for all fresh and renewed fixed deposits made before March 31, 2024, with a minimum deposit amount of ₹10,000.

Key Points:

On February 19, 2024, PNB Housing Finance introduced a time-limited promotion for fixed deposits featuring interest rates of up to 8.30% for senior citizens

Senior citizens commonly prefer FDs in India due to elevated interest rates, tax advantages, early withdrawal options, and automated renewal features

The limited-period offer aims to encourage healthy investment habits and provide customized financial solutions for customers