• Pnb Saving Account Interest Rate Today
• Pnb Saving Account Interest Rate In Hindi
• Pnb Saving Account Interest Rate 2021
• Pnb Savings Account Interest Rates

A Savings Account is very beneficial with multiple advantages as detailed below:

(1) Earns Interest on your Savings

As the PNB SCSS interest rate as on September 19th, 2020, stands at 7.4%, the deposits which are made under this scheme will generate interest according to this rate till September 2025. If the term is extended by another 3 years, i.e., 2028, the applicable rate of interest. Saving Interest. Interest at the rate of 5% p.a. The interest on saving fund will be calculated on minimum balance between 1st to last date of month and payable at the end of the month.

This is the first and foremost benefit of opening a savings account. It starts earning interest on your money as soon as it is deposited. The interest rate is decided solely by the bank and changes from time to time. Regular interest depends upon the balance of the savings account.

Interest rate in savings account ranges from 3.5% to 7%.

(2) Provides Security of Funds

There is no risk involved in your savings account. It is considered as one of the safest investment alternatives. It even offers you the opportunity to put your money into another investment whenever the time comes.

(3) No Lock-in Period

There is no lock-in period under savings account which means that you can withdraw your deposits anytime you need. There is no need to keep your money in this account for any specific period. You have full flexibility in withdrawal of amount from it.

(4) Offers Liquidity

You can withdraw the amount anytime 24X7 with the use of ATM card or debit card from your account during any emergency even when the bank is closed. In fact, being able to access your money when you need it, is one of the biggest benefit of having a savings account.

(5) Availability of Variety of Savings Account

Many banks offer comprehensive range of savings accounts from regular to premium suiting to your personal banking needs. There are different types of savings accounts offered by various banks that differ based on the interest rates and duration of time commitments. You can choose any of them which suits your financial objectives and requirements.

(6) Services of Customer Relation Manager

Now-a-days many of the banks engage a Customer Relation Manager (CRM) who will help not only solve your queries but also assist you in tax saving, investment, mutual fund schemes, insurance, bank procedures, etc. You need to just call your CRM and he/ she will assist you solve your problem.

Pnb Saving Account Interest Rate Today

(7) Online Banking Facilities

If you maintain a savings account, you can make many transactions online also such as payment of bills, fund transfers using RTGS/ NEFT or IMPS, etc. This will save your time and efforts.

(8) Provides ATM/ Debit Card

You will be offered a debit or ATM card with a nominal charge or without any charges, as offered by your bank. With the help of this card, you can withdraw the funds, make transactions in shops, make payments of bills, etc.

(9) Helps you Get Credit or Loan

The relation you maintain with the bank will help you in getting credits from the bank such as home loan, personal loan. You will also be in a position to negotiate with the banker on the interest rates.

(10) No Cap on Deposits

There is no limit on the amount deposited and number of times it is deposited.

Pnb Saving Account Interest Rate In Hindi

(11) Facility to link Loan EMIs, Mutual Fund SIPs or RD deductions

Pnb Saving Account Interest Rate 2021

You get a facility to link your monthly loan EMIs, Mutual Fund SIPs or RD deductions through the savings bank account.

(12) Free Mobile App

Most of the banks provide their mobile app for free. Through this app, you can get to know your account balance, check your statement, make transactions, easy transfer of money, etc.

Only $100 to Open

Whether you’re saving for something specific or just a rainy day, a PNB savings account can help your money grow. All you need is $100 to open a PNB savings account.

This basic savings account offers a variable rate of interest, which is earned on the daily collected balance and credited quarterly. There is no monthly/quarterly maintenance fee for those maintaining a daily balance of $100; lower balances will incur an $8 quarterly fee.

The savings account also allows nine debits per quarter at no charge, though excess debits are $3 each.

Current Interest Rates

Pnb Savings Account Interest Rates

Features

• Debit Card
• Notary service
• Touchtone teller
• Internet banking