PNB can deposit minimum 10,000 rupees in Sugam Plus 111/222/333 scheme. On the other hand, a maximum of Rs 10 crore can be invested.
Rate of interestDifferent interest rates for different maturity periods have been fixed in this scheme.
>> On the 111-day FD, the bank will pay interest of 6.50% to the general public and 7% for senior citizens.
>> On the 222-day FD, the bank will pay 6.60 percent to the general public and 7.1 percent for senior citizens.
>> On the 333-day FD, the bank will pay interest of 7.10 per cent to the general citizens and the interest rate at the rate of 7.6 per cent for the senior citizens.
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Maturity Period of PNB Sugam Plus Fiscal Deposit is 111 days, 222 days and 333 days. There is no facility of pre-maturity bedrock in this scheme. On these FD, the money can be withdrawn only after the FD is completed. Penalty will be charged at 1% interest rate on pre-maturing cancellation.
Nomination facility is available in this scheme.
For more information, you can contact PNB's website or a nearby branch.
– Punjab National Bank (@pnbindia) February 25, 2019
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