Punjab National Bank (PNB) has increased the interest on FD of 180 days to 270 days from 5.50 percent to 6 percent for the general public. The interest on FD for the general public on FDs of 271 days to less than 1 year has been increased to 6.25 percent.
New Delhi. Before Diwali, public sector Punjab National Bank (PNB) has given a big gift to its customers. In fact, some Fixed Deposits (FD) of PNB with specific tenure will now yield more interest than before. The bank has increased the interest rates on these FDs by half percent. This benefit will be available to common people, senior and super senior citizens on deposits of less than Rs 2 crore. These new FD rates have come into effect from November 1.
Punjab National Bank has increased the interest on FD of 180 days to 270 days from 5.50 percent to 6 percent for the general public. The interest on FD for the general public on FDs of 271 days to less than 1 year has been increased to 6.25 percent.
PNB FD rates (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 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 percent; For senior citizens – 5.00 percent
- 180 days to 270 days: For general public – 6 percent; For senior citizens – 6.50 percent
- 271 days to less than 1 year: For general public – 6.25 percent; For senior citizens – 6.75 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 per cent; For senior citizens – 7.30 percent
- 444 days: For general public – 7.25 percent; For senior citizens – 7.75 percent
- 445 to 665 days: For general public – 6.80 percent; For senior citizens – 7.30 percent
- 666 days: For general public – 7.05 percent; For senior citizens – 7.55 percent
- 667 days 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 per cent; For senior citizens – 7.50 percent
- More than 3 years to 5 years: For general public – 6.50 per cent; For senior citizens – 7.00 percent
- From 5 years to 10 years: For general public – 6.50 percent; For senior citizens – 7.30 percent
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