PNB Announced New FD Interest Rates: PNB has raised its fixed deposit interest rates. View the specifics of the new rates here

 PNB Announced New FD Interest Rates: PNB has raised its fixed deposit interest rates. View the specifics of the new rates here

The general public's interest rate on fixed-rate notes (FDs) extending from 180 to 270 days has been raised by Punjab National Bank (PNB) from 5.50 to 6 percent. The general public's interest rate on FDs ranging from 271 days to less than a year has been raised to 6.25 percent.

Delhi, New. Public sector Punjab National Bank (PNB) gave its clients a large gift before to Diwali. In actuality, some PNB Fixed Deposits (FD) with certain terms will now earn higher interest rates than they did before. The bank has added a half percentage point to the interest rates on these FDs. Common folks, seniors, and super seniors who deposit less than Rs 2 crore would be eligible for this advantage. The new FD rates are effective as of November 1.

The general public's interest rate on FDs with 180–270 day terms has been raised by Punjab National Bank from 5.50 percent to 6 percent. The general public's interest rate on FDs ranging from 271 days to less than a year has been raised to 6.25 percent.

PNB FD rates for amounts under Rs. 2 crore

Seven to Fourteen Days: 3.50 percent for the general population and 4.00 percent for older persons

From 15 to 29 days: 3.50 percent for the general population and 4.00 percent for older persons

Between 30 and 45 days: 3.50 percent for the general population and 4.00 percent for older persons

From 46 to 90 days: 4.50 percent for the general population and 5.00 percent for elderly persons

Between 91 and 179 days: 4.50 percent for the general population and 5.00 percent for elderly persons

From 180 to 270 days: 6 percent for the general population and 6.50 percent for older persons

From 271 days to under a year: 6.25 percent for the general population and 6.75 percent for elderly persons

One year 6.75 percent for the general population and 7.25 percent for older persons

Over a year and forty-three days: 6.80% of the general population and 7.30% of elderly persons

Day 444: 7.25 percent for the general population and 7.75 percent for elderly citizens

445–665 day range: 6.80% of the general population and 7.30% of elderly persons

Days 666: 7.05 percent for the general population and 7.55 percent for older people

2 years to 667 days: 6.80% of the general population and 7.30% of elderly persons

Between two and three years: Seven percent for the general population and seven and fifty percent for older people

Over three to five years: 6.50 percent for the general population and 7.00 percent for older persons

From five to ten years: 6.50 percent for the general population and 7.30 percent for older persons