Nowadays inflation is skyrocketing, isn’t it? In such a situation, everyone thinks that by saving some small money, they can secure their future a little. If you are also thinking the same and want your small savings to become a big amount in future, then Punjab National Bank (PNB) has brought a great scheme for you – Recurring Deposit! This scheme is perfect for those who want to get good returns by depositing a small amount every month.
PNB RD Scheme 2025: Deposit a little, big benefit!
Punjab National Bank, which is the second largest government bank in India, always brings great savings schemes for its customers. This time PNB has started the Recurring Deposit (RD) scheme. In this, you can get good returns on maturity by depositing some money every month.
This scheme is absolutely great for those salaried people who want to save some part of their salary every month. Your money will be absolutely safe in PNB RD scheme, because it is a government scheme, understand it as a government guarantee!
PNB RD Scheme: What are the details?
PNB’s Recurring Deposit scheme is a government savings scheme. In this, you can make a good amount of money on maturity by investing a small amount every month.
You can invest in this RD scheme for 6 months to 10 years. You can choose any time period as per your wish and deposit money every month. And yes, the bank keeps changing the interest rates from time to time.
Why is PNB RD so special?
If you are also thinking of investing money in Punjab National Bank’s Recurring Deposit scheme, then know that the interest rates are also different according to different time periods from 6 months to 10 years.
The most special thing about PNB RD scheme is its 300 days RD plan! It gives the highest interest. Common people get 7.05% and senior citizens get even more, up to 7.55%. And do you know, you can start investing with just Rs 100 and there is no limit on the maximum amount you can deposit!
How much will you get in 5 years if you deposit Rs 6100 every month?
Suppose, if a common man deposits Rs 6100 every month for 5 years in PNB’s Recurring Deposit scheme, then in a year he will deposit Rs 73,200.
And in 5 years, a total of Rs 3,66,000 will be deposited. The bank will give 6.50% interest on this deposit. Now you can calculate yourself how much you will get after 5 years!
