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PNB increased FD interest rates again: PNB increased the interest on FD for the second time in the new year, check new rates

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Punjab National Bank: Punjab National Bank (PNB) has increased the interest on FD for the second time in the new year. Now again the bank has increased the interest on FD by 0.80 percent. These new rates have come into effect from January 8, 2024. Earlier the bank had increased the interest till January 1, 2024. Then PNB Bank had increased the interest on FD by 45 basis points i.e. 0.45 percent.


Punjab National Bank: Punjab National Bank (PNB) has increased the interest on FD for the second time in the new year. Now again the bank has increased the interest on FD by 0.80 percent. These new rates have come into effect from January 8, 2024. Earlier the bank had increased the interest till January 1, 2024. Then PNB Bank had increased the interest on FD by 45 basis points i.e. 0.45 percent. However, then interest on some FDs was also reduced. Punjab National Bank gives FDs ranging from 7 days to 10 years to common citizens. He gives FD interest between 3.50% to 7.25% on this.

PNB Bank increased interest on this FD by 0.80 percent

PNB Bank has increased the interest on 300 days FD by 0.80 percent. Earlier the bank was offering 6.25 percent interest on FD of 300 days but now it has increased to 7.05 percent. On this FD i.e. investment of 300 days, it is giving 7.55 percent interest to senior citizens and 7.85 percent interest to super senior citizens.

Punjab National Bank is giving this much interest on FD less than Rs 2 crore

  • 7 days to 14 days: For general public – 3.50 percent; For senior citizens – 4.00 percent
  • 15 days to 29 days: For general public – 3.50 percent; For senior citizens – 4.00 percent
  • 30 days to 45 days: For general public – 3.50 percent; For senior citizens – 4.00 percent
  • 46 days to 90 days: For general public – 4.50 percent; For senior citizens – 5.00 percent
  • 91 days to 179 days: For general public – 4.50 percent; For senior citizens – 5.00 percent
  • 180 days to 270 days: For general public – 5.50 percent; For senior citizens – 6 percent
  • 300 days FD – for general public – 7.05 percent; For senior citizens – 7.55 percent
  • 271 days to less than 1 year: For general public – 5.80 percent; For senior citizens – 6.30 percent
  • 1 year: For general public – 6.75 percent; For senior citizens – 7.25 percent
  • More than 1 year to 443 days: For general public – 6.80 percent; For senior citizens – 7.30 percent
  • 444 days: For general public – 6.80 percent; For senior citizens – 7.30 percent
  • 445 to 2 years: For general public – 6.80 percent; For senior citizens – 7.30 percent
  • More than 2 years to 3 years: For general public – 7.00 percent; For senior citizens – 7.50 percent
  • More than 3 years to 5 years: For general public – 6.50 percent; For senior citizens – 7.00 percent
  • From 5 years to 10 years: For general public – 6.50 percent; For senior citizens – 7.30 percent.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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