PNB FD Rate: After increasing FD interest rates last week, Punjab National Bank (PNB) has once again increased the interest on FD.
PNB FD Rate: After the increase in FD interest rates last week, Punjab National Bank (PNB) has once again increased the interest on FD. The bank has again increased the FD interest rates on deposits below Rs 2 crore. These new rates have come into effect from 26 October. PNB Bank will now offer interest at the rate of 4.50 percent on FDs of 46 days to 90 days. The bank has increased it by 75 basis points. It will now offer an interest rate of 5.50 per cent on FDs ranging from 180 days to less than a year. Earlier, interest of 5 per cent was being available on this.
Now these are the new rates
The bank was paying an interest of 5.70 percent earlier on deposits ranging from one year to 599 days, which has been increased to 6.30 percent. PNB is offering 7 per cent interest on deposits maturing in 600 days. Offering additional interest of 50 bps on FDs up to 5 years to senior citizens of 60 years and up to 80 years. Here are the revised interest rates on Punjab National Bank deposits below Rs 2 crore, applicable from October 26.
7 days to 14 days: for general public – 3.50 percent; For Senior Citizen – 4.00 percent
15 days to 29 days: for general public – 3.50 percent; For Senior Citizen – 4.00 percent
30 days to 45 days: for general public – 3.50 percent; For Senior Citizen – 4.00 percent
46 days to 90 days: for general public – 4.50 percent; For Senior Citizen – 5.00 percent
91 days to 179 days: for general public – 4.50 percent; For Senior Citizen – 5.00 percent
180 days to 270 days: for general public – 5.50 percent; For Senior Citizen – 6.00 percent
271 days to less than 1 year: for general public – 5.50 percent; For Senior Citizen – 6.00 percent
1 year: for general public – 6.30 percent; For Senior Citizen – 6.80 percent
more than 1 year up to 599 days: for general public – 6.30 percent; For Senior Citizen – 6.80 percent
600 days: for general public – 7.00 percent; For Senior Citizen – 7.50 percent
601 days to 2 years: for general public – 6.30 percent; For Senior Citizen – 6.80 percent
Above 2 years but less than 3 years: For general public – 6.25 percent; For Senior Citizen – 6.75 percent
Above 3 years but less than 5 years: For general public – 6.10 percent; For Senior Citizen – 6.60 percent
From 5 years to 10 years: for general public – 6.10 percent; For Senior Citizen – 6.60 percent.
