Fixed Deposit Interest Rate: Everyone wants to become rich in their life. But there are very few people who can earn big money. Most people have very low salaries due to which they just keep thinking about investing. But for your information, let us tell you that many such schemes are being run by the government and banks, in which you can earn more profit even by investing less money.
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FD option is the most popular in terms of investment in India at this time. Most people prefer to invest in Fixed Deposit because money is safe in FD and it gives guaranteed returns. Along with this, there is no fear of sinking money. Apart from this, banks keep revising the interest rates of FD from time to time. At this time, many government and private banks in the country are offering tremendous interest in FD. Today we are going to tell you about the FD interest rates of the two largest government banks in the country –
If you want to invest in FD i.e. Fixed Deposit (Fixed Deposit Interest Rate), then before investing, definitely compare the FD interest rates of SBI and Punjab National Bank (PNB). We will tell you which bank is giving more returns on investing 5 lakhs in both banks for 1 year.
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Profit of Rs 34,877 in 1 year –
The country’s largest government bank, State Bank of India i.e. SBI is giving great interest on FD to its crores of customers. If you invest in 1 year FD (SBI Bank FD Interest Rate) in SBI Bank, then 6.8 percent interest is being given. In such a situation, if you invest Rs 5 lakh for 1 year, then on maturity you will get Rs 5,34,877.
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PNB interest rates on 1 year FD –
Talking about PNB i.e. Punjab National Bank, the government bank is providing good returns to its customers. Punjab National Bank is also offering 6.8 percent interest on 1 year FD. If you invest Rs 5 lakh in PNB Bank’s one-year FD (FD Interest Rate), then on maturity you will have a fund of Rs 5,34,877. This means that you will get a profit of Rs 34,877 in 1 year.
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