PNB FD Interest Rates Latest: The interest rate on tenure of 444 days increased to 7.25 per cent a year from 6.80 per cent, while that on the 666 days tenure reduced from 7.25 per cent to 7.05 per cent
PNB FD Interest Rate Latest: Punjab National Bank (PNB) has raised the FD interest rate on one tenure and reduced that on another, with effect from May 18, 2023. The latest FD rates will be applicable on deposits below Rs 2 crore. According to PNB’s website, the interest rate on fixed deposits of tenure of 444 days has been increased to 7.25 per cent a year from 6.80 per cent, while that on the 666 days tenure has been reduced from 7.25 per cent to 7.05 per cent.
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According to the website, the highest FD interest rate in the general public category (below 60 years of age) will be offered on the 444 days tenure at 7.25 per cent. In the senior citizen category, the highest interest rate is also available on the 444 days category at 7.75 per cent. Super senior citizens (above 80 years of age) will be offered 8.05 per cent on the same tenure.
Here are the revised interest rates on fixed deposits below Rs 2 crore at the Punjab National Bank (per annum) effective from May 18, 2023:
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7 days to 14 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent
15 days to 29 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent
30 days to 45 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent
46 days to 90 days: For General Public – 4.50 per cent; For Senior Citizens – 5.00 per cent
91 days to 179 days: For General Public – 4.50 per cent; For Senior Citizens – 5.00 per cent
180 days to 270 days: For General Public – 5.50 per cent; For Senior Citizens – 6.00 per cent
271 days to less than 1 year: For General Public – 5.80 per cent; For Senior Citizens – 6.30 per cent
1 year: For General Public – 6.80 per cent; For Senior Citizens – 7.30 per cent
Above 1 year to 599 days: For General Public – 6.80 per cent; For Senior Citizens – 7.30 per cent
444 days: For General Public – 7.25 per cent; For Senior Citizens – 7.75 per cent
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445-665 days: For General Public – 6.80 per cent; For Senior Citizens – 7.30 per cent
666 days: For General Public – 7.05 per cent; For Senior Citizens – 7.55 per cent
667 days to 2 years: For General Public – 6.80 per cent; For Senior Citizens – 7.30 per cent
Above 2 Years to 3 Years: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
Above 3 years to 5 years: For General Public – 6.50 per cent; For Senior Citizens – 7.00 per cent
Above 5 years to 10 years: For General Public – 6.50 per cent; For Senior Citizens – 7.30 per cent.
