PNB revises Fixed Deposit rates; check out the updated rates here

Punjab National Bank (PNB) has changed its fixed deposit (FD) interest rates. On fixed deposits maturing in the range of 7 days to 10 years, PNB is giving interest rates ranging from 2.9per cent to 5.25 per cent.

PNB is offering a 2.9 per cent interest rate on 7-45 day fixed deposits and a 4.4 per cent rate on less than one year FDs. The bank offers 5.10 per cent interest on term deposits with maturitiesranging from one year to two years.

Moreover, the bank offers 5.10 per cent on deposits with a maturity of more than two years and less than three years. On deposits maturing in the range of 5 to 10 years, PNB is giving 5.25per cent interest. These rates have come into effect from August 1 of this year.

Here are the latest Punjab National Bank FD interest rates for the general public (under Rs 2 crores)

Also Read: From Reliance to Punjab National Bank, Stocks to watch out today

• 7-14 days: 2.9 per cent
• 15 to 29 days: 2.9 per cent
• 30 to 45 days: 2.9 per cent
• 46 to 90 days: 3.25 per cent
• 91 to 179 days: 3.80 per cent
• 180 days to 270 days: 4.4 per cent
• 271 days to less than 1 year: 4.4 per cent
• 5 per cent after one year and up to two years
• 5.10 per cent for over two years and up to three years.
• 5.25 per cent for maturity 3 to 5 years
• 5.25 per cent for the maturity of 5 to 10 years

An additional interest of 0.5 per cent will continue to be offered to senior citizens. Interest rates on FDs maturing in 7 days to 10 years range from 3.4 per cent to 5.75 per cent.