Punjab National Bank (PNB) has prepared to give a big blow to its account holders from 1st September.
If you are also a customer of Punjab National Bank (PNB), then this news is of great use to you. Actually, the bank has prepared to give a big blow to its account holders. The bank is going to reduce the savings of its customers i.e. cut the interest rate on the savings account. Punjab National Bank is going to cut interest rate on savings account deposits from September 1, 2021. This information has been received from the official website of the bank.
Know what will be the new rates The
bank has decided to reduce the interest rates on savings accounts from 3 per cent per annum to 2.90 per cent. This decision of the bank will affect both new and old customers.
SBI also reduced interest rates
Let us tell you that recently the country’s largest government bank State Bank of India (SBI) had decided to reduce the interest rates of savings account. Where SBI has reduced the interest rate to 2.70 percent annually.
Know the interest rates on savings accounts in public sector banks
IDBI Bank – 3 to 3.4 percent
Canara Bank – 2.90 percent to 3.20 percent
Bank of Baroda – 2.75 percent to 3.20 percent
Punjab and Sind Bank – 3.10 percent interest is getting
These private banks are giving 4 to 6 percent interest
ICICI Bank – 3 to 3.5 percent
Kotak Mahindra Bank – 3.5 percent to 4 percent
IndusInd Bank – 4 to 6 percent
These banks give 7 percent interest
Ujjivan Small Finance Bank – 7 percent
AU Small Finance Bank – 7 percent
Suryoday Small Finance Bank – 6.25 percent
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
