Pnb fd interest rate

The public sector lender Punjab National Bank (PNB) has revised its interest rates on fixed deposits of less than ₹2 Cr. Following the revision, the bank has hiked the interest rate by 45 bps on 444 days tenor but has reduced the interest rate by 20 bps on 666 days tenor. On a tenor of 444 days, PNB is now offering a maximum interest rate of 7.25% for the general public, 7.75% for senior citizens and 8.05% for super senior citizens. PNB FD Rates The bank will continue to give an interest rate of 3.50% on fixed deposits that mature within the next 7 to 45 days, while PNB will continue to offer an interest rate of 4.50% on deposits maturing in the next 46 to 179 days. PNB will keep its current interest rates of 5.50% for deposits with a term of 180 days to 270 days and 5.80% for deposits with a term of 271 days to less than a year. Deposits that mature in 1 year to 443 days will still earn interest at a rate of 6.80%, while those that mature in 444 days will now earn interest at a rate of 7.25%, up from 6.80% before. The bank will continue to give an interest rate of 6.80% on fixed deposits maturing in 445 days to 665 days, and PNB has lowered its interest rate from 7.25% to 7.05% on deposits maturing in 666 days. View Full Image PNB FD Rates (pnbindia.in) On tenors of 667 days to 2 years and above 2 years & up to 3 years, PNB will continue to give an interest rate of 6.80% and 7% respectively. Deposits that mature in more than three years and up to ten years will continue t...

Fixed deposit interest rates were revised by State Bank of India (SBI), Punjab National Bank (PNB) and Axis Bank at the start of the new calendar year. Check out the latest fixed deposit rates in SBI, PNB and Axis Bank FD interest rates SBI (below Rs 2 crore) effective January 8, 2021: SBI FDs between seven to 45 days will now fetch 2.9 percent. Term deposits between 46 days to 179 days will give 3.9 percent. FDs of 180 days to less than one year will fetch 4.4 percent. Deposits with maturity between 1 year and up to less than 2 years will give 10 bps more now. These deposits will fetch an interest rate of 5 percent instead of 4.9 percent. FDs maturing in 2 years to less than 3 years will give 5.1 percent. FDs with 3 years to less than 5 years will offer 5.3 percent and term deposits maturing in 5 years and up to 10 years will continue giving 5.4 percent after the latest revision. Days Interest rates 7 days to 45 days 2.9% 46 days to 179 days 3.9% 180 days to 210 days 4.4% 211 days to less than 1 year 4.4% 1 year to less than 2 years 5% 2 years to less than 3 years 5.1% 3 years to less than 5 years 5.3% 5 years and up to 10 years 5.4% FD interest rates Axis Bank (below Rs 2 crore) effective January 4, 2021: Across different tenures, Axis Bank offers FDs ranging from 7 days to 10 years. The bank gives interest on FDs ranging from 2.5 percent to 5.50 percent for general customers. On select maturities, Axis Bank offers a higher interest rate to senior citizens. The bank offe...

Tenure General Public FD Rate Senior Citizens FD Rate 7 to 14 days 3.50% 4% 15 to 29days 3.50% 4% 30 to 45 days 3.50% 4% 46 to 90 days 4.50% 5% 91 to 179 days 4.50% 5% 180 days to 270 Days 5.50% 6% 271 days to less than 1 year 5.50% 6% 1 year 6.75% 7.25% above 1 year to 665 days 6.75% 7.25% 666 days 7.25% 7.75% 667 days to 2 years 6.75% 7.25% above 2 year & upto 3 years 6.75% 7.25% above 3 year & upto 5 years 6.50% 7% above 5 years & upto 10 years 6.50% 7.30% Note: All interest rates shown above are annual (p.a.) as on 1st Jan 2023 Name Interest rate (p.a.) Tenure Min. deposit Bajaj Finance Ltd. 7.11% - 8.60% 1 - 5yrs ₹15,000 SBI Bank 2.90% - 5.40% 1 - 10yrs ₹1,000 ICICI Bank 2.50% - 5.60% 1 - 10yrs ₹10,000 Axis Bank 2.50% - 5.75% 1 - 10yrs ₹5,000 HDFC Bank 2.50% - 5.50% 1 - 10yrs ₹5,000 Bank of Baroda 2.80% - 5.25% 1 - 10yrs ₹1,000 IDFC Bank 3.00% - 4.65% 1 - 10yrs ₹10,000 Kotak Mahindra Bank 2.50% - 5.30% 1 - 10yrs ₹5,000 Canara Bank 2.90% - 5.35% 1 - 10yrs ₹1,000 Yes Bank 3.25% - 6.25% 1 - 10yrs ₹10,000 IndusInd Bank 2.50% - 6.00% 1yr - 5yrs 1m ₹10,000 Punjab National Bank 2.90% - 5.25% 1 - 10yrs ₹1,000 View details IDBI Bank 2.70% - 5.40% 1 - 20yrs ₹10,000 Union Bank 3.00% - 5.50% 1 - 10yrs ₹1,000 Citibank 1.85% - 3.50% 1 - 5yrs ₹1,000 RBL Bank 3.25% - 6.30% 1 - 10yrs ₹1,000 Indian Bank 2.80% - 5.25% 1 - 10yrs ₹1,000 About Punjab National Bank Punjab National Bank began its operations on 12th April 1895 from Lahore with a working capital of ₹20,000 and authorized capit...

For the general public, the bank offers an interest rate of 7 per cent on FDs (callable) maturing in 600 days. Senior citizens or those who are aged 60 years and above will get a 7.5 per cent interest rate of callable fixed deposits of 600 days. Punjab National Bank offers a 7.80 per cent interest rate per annum on 600-days FD (callable) to super senior citizens or those who are aged 80 years and older. For non-callable fixed deposits of 600 days, the general investors will get an interest of 7 per cent per annum, according to the bank’s website. Senior citizens are eligible to get an interest rate of 7.55 per cent per annum for a special PNB fixed deposit scheme of 600 days (non-callable FD). The public sector bank offers an interest rate of 7.85 per cent for super senior citizens on non-callable fixed deposits maturing in 600 days. Investors must note the premature withdrawal option is not available under non-callable FDs. Commenting on this special offer, Atul Kumar Goel, MD & CEO, of Punjab National Bank, said, “Our aim is to offer the best-in-class schemes to our valuable customers, and we are pleased to offer a higher interest rate to consumers so that they earn more on their savings. For further ease, our existing customers can avail of this scheme online also through PNB ONE app and internet banking.” Difference between callable and non-callable fixed deposits A fixed deposit that allows the depositor to withdraw funds before the date of maturity, is known callable...

Tenure Regular Citizens 12 months – 23 months 6.50% 24 months – 35 months 6.55% 36 months – 47 months 7.25% 48 months – 59 months 7.15% 60 months – 71 months 7.30% 72 months – 84 months 7.25% 120 months 7.25 Note: The FD interest rates are effective as of 10 August 2022 Fixed Deposit Rates on Domestic deposits of up to Rs 5 crore - General Public Interest Rates (% p.a.) Tenure (Months) Monthly Quarterly Half Yearly Annual 12 – 23 6.31 6.35 6.4 6.5 24 – 35 6.36 6.39 6.44 6.55 36 – 47 7.02 7.06 7.12 7.25 48 – 59 6.92 6.96 7.02 7.15 60 -71 7.07 7.11 7.17 7.3 72 – 84 7.02 7.05 7.12 7.25 120 7.02 7.05 7.12 7.25 Note: The FD interest rates are effective as of 10 August 2022 PNB Housing Finance FD Calculator Planning to earn a stable return by investing in a safe and secure investment instrument? Fixed deposits can be a suitable option. PNB Housing Finance fixed deposit comes with attractive interest rates and an additional 0.25% rate for senior citizens. You can start your investment with a minimum of ₹10,000 for a maximum period of 10 years. Moreover, you can avail a loan of 75% of the FD amount in times of emergencies. However, you should always calculate the interest beforehand to ensure you make an informed decision. An online FD tool can be quite useful in this case. Here’s more! PNB Housing Finance Fixed Deposit (FD) Calculator PNB Housing Finance FD offers an interest rate of 7% for a tenure between 12 months to 23 months. However, this interest rate declines to 6.80% whe...