Only a few days are left to invest in Punjab And Sindh Bank's special FD 'Dhanlaxmi 444 Days'. According to the official website of the public sector bank, one can invest till January 31. 'Dhanlaxmi 444 Days' is a special fixed deposit scheme for 444 days. Under the scheme, general citizens are getting 7.4% interest, senior citizens are getting 7.9% interest, and super senior citizens are getting 8.05% interest.
Eligibility to invest in 'Dhanlaxmi 444 Days'
All Indian residents, NRIs and NROs can invest in this Punjab and Sindh Bank special FD scheme. However, If you invest for less than Rs 2 crore for seven to 30 days, you will get an interest rate of 2.8 per cent. You will get a 3 per cent interest on your investment for 31 to 45 days. If you make a fixed deposit for 46 to 90 days, you will get a 4.25 per cent interest rate. The interest of 4.25 per cent will be available for the period of 91 to 179 days. 5.25 per cent interest is available on FD of 180 to 269 days.
Punjab and Sindh Bank Interest Rate On Fd
You will get 6.20 per cent interest on your investment for 365 days. 7.4 per cent interest will be available on a special FD of 444 days. 6 per cent interest is being given on an investment of Rs 445 for 2 years. For terms ranging from two years to less than three years, 6.30 per cent interest will be available. You will get 6 per cent interest on investment for a period of three years to 5 years. You will get 6.25 per cent interest on investment for 5 to 10 years.
The interest rate for senior citizen
The bank offers extra interest of 0.50 per cent to senior citizens and Super Senior Citizens are getting the additional interest of 0.15 per cent in addition to 0.50 per cent.