Punjab National Bank: Punjab National Bank (PNB) has reduced the interest rates on some of its FDs. The bank has reduced the interest rate on FDs of less than Rs 2 crore.
These new rates have come into effect from 1 June 2023. Last month, PNB had increased the interest rates on some FDs. Punjab National Bank offers FDs ranging from days to 10 years for common citizens. He gives FD interest between 3.05% to 7.25% on this. The bank offers the highest interest of 7.25% on 444 days FD.
Interest has been reduced on these FDs
The bank has cut the interest rate for the common people by 5 bps on the affidavit maturing in 1 year. Now this FD has been increased from 6.80% to 6.75%. Last month, the bank had reduced the interest rate on FDs maturing in 666 days from 7.25% to 7.05%.
Punjab National Bank is giving this much interest on FD of less than Rs 2 crore
7 days to 14 days: For general public – 3.50 per cent; For senior citizens – 4.00 percent
15 days to 29 days: For general public – 3.50 per cent; For senior citizens – 4.00 percent
30 days to 45 days: For general public – 3.50 per cent; For senior citizens – 4.00 percent
46 days to 90 days: For general public – 4.50 per cent; For senior citizens – 5.00 percent
91 days to 179 days: For general public – 4.50 per cent; For senior citizens – 5.00 percent
180 days to 270 days: For general public – 5.50 per cent; For senior citizens – 6.00 percent
271 days to less than 1 year: For general public – 5.80 per cent; For senior citizens – 6.30 percent
1 year: For general public – 6.75 per cent; For senior citizens – 7.25 percent
More than 1 year to 443 days: For general public – 6.80 per cent; For senior citizens – 7.30 percent
444 days: For general public – 7.25 per cent; For senior citizens – 7.75 percent
445 to 665 days: For general public – 6.80 per cent; For senior citizens – 7.30 percent
666 days: For general public – 7.05 per cent; For senior citizens – 7.55 percent
667 days to 2 years: For general public – 6.80 per cent; For senior citizens – 7.30 percent
More than 2 years up to 3 years: For general public – 7.00 per cent; For senior citizens – 7.50 percent
Above 3 years to 5 years: For general public – 6.50 per cent; For senior citizens – 7.00 percent
5 years to 10 years: For general public – 6.50 per cent; For senior citizens – 7.30 per cent.
