Are you a PNB customer, Good news for you. Punjab National Bank has again increased its fixed deposit (FD) interest rates. This means that you will now have more interest in your FD.
New interest rates
PNB has increased FD interest rates on amounts less than Rs 2 crore. This increase is 80 basis points (BPS). Earlier, the bank had increased rates by up to 45 basis points (BPS) on some tenures and cut rates on some on January 1.
PNB FD Interest Rates
3.50% interest rate on FDs of 7 days to 14 days
3.50% interest rate on FDs of 15 days to 29 days
3.50% interest rate on FDs of 30 days to 45 days
4.50% interest rate on FDs of 46 days to 60 days
4.50% interest rate on FDs of 61 days to 90 days
4.50% interest rate on FDs of 91 days to 179 days
6.0% interest rate on FDs of 180 days to 270 days
6.25% interest rate on FDs of 271 days to 299 days
6.75% interest rate on FDs up to 300 days
6.75% interest rate on FDs of 1 year
7.25% interest rate on FDs of 400 days
7.25% interest rate on FDs of 401 days to 2 years 6.80% interest rate
7.0% interest rate on FDs of 2 years to 3 years
6.50% interest rate on FDs of 3 years to 5 years
6.50% interest rate on FDs of 5 years to 10 years
Interest rate for senior citizens
PNB is offering interest rates ranging from 4% to 7.75% on FDs of 7 days to 10 years to senior citizens. Apart from this, super senior citizens are getting interest rates ranging from 4.3% to 8.05%. For more information, contact your nearest PNB branch.
Additional information
PNB FD rates keep changing from time to time. Please contact the bank for the latest rates. Interest on FDs can be paid on a monthly, quarterly, half-yearly, or yearly basis. A loan facility is also available against FD. You can also close your FD before maturity, but certain conditions may apply.
Invest Now
Take advantage of PNB’s enhanced FD interest rates and get higher returns on your savings. Visit your nearest PNB branch and invest in FD today.