PNB FD Rates: After this change, common citizens will get interest ranging from 3.50% to 7.10% on FDs ranging from 7 days to 10 years in Punjab National Bank (PNB).
Punjab National Bank FD Rates: Punjab National Bank, one of the leading government banks in the country, has once again announced a reduction in the interest rate on fixed deposits (FD). The new interest rates will be applicable from May 1, 2025. However, this change will apply to those retail customers whose deposit amount is less than Rs 3 crore. In this way, now common customers will get interest ranging from 3.50% to 7.10% on FD.
Earlier in April 2025 also, the bank had changed the FD interest on deposits less than Rs 3 crore. This time the bank has cut the interest rates on some short term and medium term FDs by up to 25 basis points (0.25%).
Latest interest rate on FD in PNB
After this change, common citizens will get interest ranging from 3.50% to 7.10% on FDs ranging from 7 days to 10 years in Punjab National Bank (PNB). The highest interest will be given on FDs of 390 days which is 7.10%.
For the period of 180 to 270 days, the interest rate has now been reduced from 6.25% to 6%. At the same time, for the period of 271 to 299 days, the interest rate has now come down from 6.5% to 6.25%. Whereas for FDs of 303 days, the interest rate has now come down from 6.4% to 6.15%. Also, for a period of 304 days to less than 1 year, the interest rate has come down from 6.5% to 6.25%. At the same time, the interest rate for 1 year FD has now come down from 6.8% to 6.7%.
Latest interest rate for senior citizens
Senior citizens above 60 years and below 80 years of age will get 0.50% more interest rate than normal rates for a period of up to 5 years and 0.80% more interest rate for a period of more than 5 years on deposits less than Rs 3 crore. In this way, interest rates for senior citizens range from 4.00% to 7.60%.
Latest interest rate for super senior citizens
Punjab National Bank gives 0.80% more interest than the normal rate on all FDs to people aged 80 years and above. In this way, super senior citizens will get interest ranging from 4.30% to 7.90%.
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