Pnb fd rates

Punjab National Bank (PNB), a public sector lender, has once more announced a rise in the interest rates for fixed deposits below ₹2 crore. The higher interest rates on fixed deposits will take effect on August 19, 2022, according to the bank's official website. Earlier, on August 17, 2022, PNB increased the interest rates on fixed deposits over a range of tenors by 5 to 20 bps. The bank has upped its “In case of staff members as well as retired staff members who are also Senior Citizens, maximum rate of interest to be allowed over applicable card rate shall be 150 bps except in case of PNB Tax Saver Fixed deposit scheme, where the maximum rate of interest to be allowed over applicable card rate is 100 bps," said PNB on its website. Today, PNB also adjusted the interest rate on the "PNB UTTAM FIXED DEPOSIT SCHEME," a non-callable deposit scheme. With effect from 19.08.2022, PNB will offer an interest rate on Uttam Deposit Accounts with maturities between 91 and 1111 days that range from 4.05% to 5.80%. Investors will now receive a maximum interest rate of 6.15% when the PNB Uttam Deposit Scheme matures in 405 days.

The nation's leading public sector lender, Punjab National Bank (PNB), increased interest rates on savings accounts and fixed deposit accounts of less than ₹2 Cr. to celebrate the new year with its customers. According to the bank's official website, the new rates are in effect as of January 1, 2023. Following the modification, PNB increased the interest rate on savings accounts by 25 basis points, while customers of fixed deposits will see an increase of up to 50 basis points on a variety of tenors. PNB Savings Account Interest Rates On a savings account balance below Rs.10 Lakh, the bank will continue to offer an interest rate of 2.70% p.a, whereas on a savings account balance of Rs.10 Lakh to less than Rs.100 Crore, PNB will continue to offer an interest rate of 2.75% p.a.. PNB has hiked the interest rate by 25 bps from 2.75 % p.a. to 3.00% p.a. on a savings account balance of Rs.100 Crore & above. PNB FD Rates The bank will continue to give a 3.50% interest rate on deposits maturing in 7 to 45 days, while PNB will continue to offer a 4.50% interest rate on deposits maturing in 46 to 179 days. PNB will continue to give an interest rate of 5.50% on deposits maturing in 180 days to less than 1 year, but the bank has increased the interest rate on deposits maturing in 1 year to 665 days by 45 basis points from 6.30% to 6.75%. Deposits maturing in 666 days will continue to offer an interest rate of 7.25% but those maturing in 667 days to 2 years will fetch an interest rate ...