Maturity: ₹35,807 at 7.25% p.a. Interest earned: ₹10,807. Senior citizen maturity: ₹36,249.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
A ₹25K Fixed Deposit in PNB Housing for 5 Years at 7.25% p.a. (quarterly compounding) will mature to ₹35,807. You earn ₹10,807 as interest, giving a total return of 43.2% on your investment.
At 7.25% p.a. (quarterly compounding), ₹25K FD in PNB Housing for 5 Years matures to ₹35,807. Interest earned: ₹10,807. Senior citizen maturity: ₹36,249 at 7.5%.
PNB Housing offers 7.25% p.a. for general citizens and 7.5% p.a. for senior citizens on 5 Years Fixed Deposit. The rate applies regardless of the deposit amount.
For ₹25K at 7.25% for 5 Years, you would earn approximately ₹10,807 as interest, making total maturity ₹35,807. Senior citizens earn ₹11,249 at 7.5%.
Yes, premature withdrawal is allowed. PNB Housing's policy: Allowed after 3 months with penalty. You will receive a reduced interest rate on early withdrawal.
Compare with other banks on this page to find the best rates. NBFC FDs typically offer higher rates but without DICGC insurance. Consider both rate and safety.