Fixed Deposits are a stable, safe, and simple investment plan. People of different ages can start saving money by investing in FD. Every bank or financial institution provides this facility.
You can earn higher interest than a regular savings account. We offer you up to 7% of interest rate per annum, and for senior citizens, an additional 0.25% is offered.
With reputable NBFC like Pnb Housing Finance Limited, the minimum amount is 10,000. For monthly income schemes, however, the minimum amount is 25,000.
While planning for the first Fixed Deposit, an individual needs to submit 10,000 for all the schemes except for the monthly income scheme.
The investor can also ask for a joint FD account where three joint holders are allowed. Thus, you grow money altogether.
If you, are looking to initiate your financial journey and save money for your future, investing in FD with pnb Housing Finance Limited can be a good choice.