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    PNB Housing Finance Limited Fixed Deposit Rates

    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    1 Year to 10 Years
    7.80% Compound yearly
    Response Time Within 30 minutes

    PNB Housing Finance Limited Fixed Deposit Rates is Rated as "Excellent!" by 4 Users

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    How to find the best rates for PNB HFL Fixed Deposit

    PNB Housing Finance Limited is a housing finance company offering safe investment options in the form of fixed deposits. These deposits come at attractive and competitive rates of interest.

    The table above lists the rates on its fixed deposit schemes and their corresponding tenures.

    Mid-Term Fixed Deposit Rates

    The interest rates on regular deposits for a 1 year tenure is 8.35% - monthly, 8.4% - quarterly, 8.5% - half-yearly and 8.7% annually under its non-cumulative options and 8.7% under its cumulative option.

    Long-Term Fixed Deposit Rates

    Long-term regular fixed deposits also feature the same interest rates at 8.35% - monthly, 8.4% - quarterly, 8.5% - half-yearly and 8.7% - annually.

    Fixed Deposit Rates for Senior Citizens

    PNB Housing Finance Limited offers fixed deposits for senior citizens at 0.25% higher than rack rates. However, this additional rate is available on deposit amounts of Rs.1 crore and below. Rack rates apply on amounts over Rs.1 crore. The tenure for these fixed deposits can be anywhere between 1-10 years. Senior citizens are those over the age of 60 years.

    All rates are on a per annum basis and effective from July 8th 2015. Rates can be changed as the company sees fit.

    News About PNB Housing Finance Limited Fixed Deposit Rates

    • Fixed Deposit Rate Changes for Punjab National Bank Housing Finance Limited

      Punjab National Bank Housing Finance Limited (PNBHFL) offers fixed deposits at attractive and competitive rates. It has upped its rate of interest for the general deposits as well as senior citizens, following Reserve Bank of India’s directive.

      With effect from November 27, 2015, the interest rates for fixed deposits have been revised for both the general category and senior citizens. In fixed deposits of Rs. 5 crore, for the tenure of 12 months and 24 months, the return on investment earned is 8% as against the previous 8.25%, while the tentative yield will be 8% and 8.32% respectively. The term deposit for the 120 months tenure will have 8.10% unlike the 8.25% that was given earlier, as return on investment and 11.79% as tentative yield on maturity.

      In case of fixed deposit for senior citizens of up to Rs 5 crore, interest rates have undergone change too. The term deposits of 15 months and 22 months tenure have 8.05% return on investment with 8.18% and 8.34% respectively as tentative yield on maturity. The interest earned on deposits of 30 months is 8.35% with a tentative yield at 8.92%. For the tenure of 44 months 8.40% is earned as return on investment and the tentative yield on maturity is 9.41%.

      1st December 2015

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