Indian News Views

Senior Citizens’ Fixed Deposit: This short-term FD gives seniors 8.30% interest

<p>One of the top home financing businesses in India, PNB home financing, has launched an alluring limited-time offer on its Fixed Deposits. The offer has very cheap interest rates, with 8% p.a. for persons up to 60 years old and 8.30% p.a. for senior citizens for a 23-month term.</p>
<p><img decoding=”async” class=”alignnone wp-image-421197″ src=”×283.jpg” alt=” senior citizens fixed deposit this short term fd gives seniors 8 30 interest fd” width=”1080″ height=”408″ title=”Senior Citizens' Fixed Deposit: This short-term FD gives seniors 8.30% interest 6″ srcset=”×283.jpg 750w,×386.jpg 1024w,×290.jpg 768w,×57.jpg 150w, 1060w” sizes=”(max-width: 1080px) 100vw, 1080px” /></p>
<p>With a minimum deposit of Rs 10,000, the extraordinary interest rates are available on all new and renewing fixed deposits booked until March 31, 2024, offering investors a safe route to wealth creation.</p>
<p>“Fixed deposit is a secure investment tool not only for customers looking to embark on their financial investment journey, but also for those with a moderate or low risk appetite,” stated Girish Kousgi, MD & CEO of PNB Housing Finance, in response to the same. We are thrilled to share with you our limited-time, very competitive interest rate offer on fixed deposits, which aims to motivate investors to take up sensible investing practices.</p>
<p>He said, “We are dedicated to providing our clients with cutting-edge, personalized financial solutions that support their future savings goals and evolve with their needs.”</p>
<p>Holding the highest deposit book of any home financing firm in India, PNB home financing as of December 31, 2023, has a total of Rs 17,134 crore in public deposits. Because of its deposits’ CRISIL and CARE ratings of “AA/Positive” and “AA/Positive,” investors seem to have a high degree of faith in the institution.</p>
<p>The firm provides doorstep services, strong technology and digital capabilities, devoted customer care managers, and a smooth customer experience in addition to its fixed deposit offerings to clients via a network of more than 18,000 channel partners.</p>

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