Now more interest will be available on FD: Punjab National Bank increased interest rates of fixed deposits, see new interest rates here

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Now more interest will be available on FD: Punjab National Bank increased interest rates of fixed deposits, see new interest rates here
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6:11 AM July 23, 2022
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Punjab National Bank (PNB) has increased the interest rates of fixed deposits (FD) less than Rs 2 crore. PNB has increased 0.15% interest on FD from one to two years. The new interest rates have been implemented from July 20, 2022. Now you will get interest from 3% to 6% on FD in PNB Bank. Now the RBL bank has also increased interest rates on which period RBL Bank has also increased the interest on FD recently. You are now getting 6.55% interest by getting FD in RBL Bank. The new rate has been implemented from July 21, 2022. RBL bank has to pay how much interest is available on FD on FD. Do not pay tax. This limit is for people under 60 years of age. At the same time, income of more than 60 years of age, ie senior citizen's FD to 50 thousand rupees is tax free. If there is more income from this, 10% TDS is deducted. 5 years FD is available. Tax exemption saving FD also gives you a discount on income tax on investing for 5 years. Along with the principal deposited in it, you do not have to pay any tax on interest. However, if the interest earned on your FD in a one-financial year is more than 10 thousand rupees, then TDS will be deducted at 10%. Copyright © 2022-23 DB corp ltd., All rights reservedthis website follows the DNPA CODE of Ethics .

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