Friday, March 29, 2024
HomePersonal FinancePNB revises FD interest rates, now how much will be the interest...

PNB revises FD interest rates, now how much will be the interest rate

PNB has revised the FD interest rates. The bank provides FDs ranging from 7 days to 10 years to customers. During this period, the bank is giving interest benefits ranging from 3 per cent to 5.25 per cent.




New Delhi: There is good news for customers who have got FDs in Punjab National Bank. If you also have a plan to get FD, then know how much interest you will get on FDs now. PNB has revised the interest rates. The bank offers FDs ranging from 7 days to 10 years to customers. During this period, the bank is giving interest benefits ranging from 3 per cent to 5.25 per cent. Explain that the new interest rates have become effective from 1 May 2021.

Punjab National Bank is offering 3% interest on FDs ranging from 7 days to 45 days. Apart from this, customers are getting interest at the rate of 4.5 percent on FD of less than one year. 5.10% on FDs maturing for 3 years and 5.25% interest on fixed deposits maturing between 5 and 10 years.

Punjab National Bank’s new interest rates (less than ₹ 2 crores)

  • FD of 7 days to 45 days – 3%
  • FD of 46 days to 90 days – 3.25 percent
  • FD from 91 days to 179 days – 4 percent
  • FD from 180 days to 270 days – 4.4 percent
  • FD of less than one year from 271 days – 4.5 percent
  • One Year FD – 5.10 Percent
  • FD for more than one year and up to 2 years – 5.10 percent
  • FD over 2 years and up to 3 years – 5.10 percent
  • FD above 3 years and up to 5 years – 5.25 percent
  • FD above 5 years and up to 10 years – 5.25 percent

Senior citizens are getting more benefit

Apart from this, the bank gives more interest to these people when it comes to senior citizens. Senior citizens get 0.5 percent more interest than the general public. Apart from this, the period of FD maturity is 7 days to 10 years. The bank offers interest ranging from 3.5% to 5.75% to seniors.

Let us tell you that recently, Axis Bank, IDFC First Bank, Kotak Mahindra Bank and Yes Bank have also revised the interest rates. So at this time, you must check the latest interest rates before getting FD.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments