PNB now offers 7.25 percent on 400-day fixed deposit. On 300-day FD, the revised rate of interest is 7.05 percent.
Vimal Chander Joshi
Published2 Aug 2024, 03:57 PM IST
For other tenures, the rate of interest ranges between 3.5 percent to 7.25 percent.
Punjab National Bank (PNB) has revised its fixed deposit (FD) interest rates with effect from August 1, 2024.
The maximum rate of interest is now 7.25 percent for 400 days. For 300 days, the rate of interest is 7.05 percent. For other tenures, the rate of interest ranges between 3.5 percent to 7.25 percent.
On one-year tenure, the rate of interest is 6.80 per cent. On two-year tenure, the interest rate is 6.8 percent.
On a three-year tenure, the interest rate is 7 percent. On four-year tenure, the interest rate is 6.5 percent. On five-year tenure, the interest rate is 6.5 percent.
On 7-45-day FD, PNB now offers an interest of 3.5 percent per annum. On 46-179-day FD, the bank offers 4.5 percent per annum.
On 180- 270-day FD, PNB now offers 6.25 percent. On a 271-299-day fixed deposit, PNB offers 6.50 percent.