Staff Reporter

Kozhikode: Punjab National Bank (PNB) has introduced a high interest yield fixed deposit scheme for a limited period of three months from February 1 to April 30.

S.P. Singh, Zonal Manager, PNB, said in a press release here on Thursday that the new scheme "PNB Maha Bachat" had three options.

The interest rate shall be 8.5 per cent for one year, 8.75 per cent for two years and 9 per cent for three years. The fixed deposit receipt shall be payable at par.