Check New PNB FD Rates December 2022 | Popgen Tech

FOLLOWING SBI, HDFC and other leading banks, the Punjab National Bank (PNB) has revised its FD interest rates effective from December 19, 2022.

On December 7, the Reserve Bank of India raised the key repo rate by 35 basis points to 6.25 percent on December 7, following a review by the Monetary Policy Committee. This was the fifth consecutive increase since May, with the reference rate increasing by 2.25 percent in the period. As a result, the standing deposit facility (SDF) rate is adjusted to 6 percent and the marginal standing facility (MSF) rate and the bank rate to 6.50 percent.

Here is a list of the revised rates for PNB customers based on the deposit mandate.

• 7 to 14 days – 3.50%

• 15 to 29 days – 3.50%

• 30 to 45 days – 3.50%

• 46 to 90 days – 4.50%

• 91 to 179 days – 4.50%

• 180 days to 270 days – 5.50%

• 271 days to less than a year – 5.50%

• 1 year– 6.30%

• Year 1 day to 599 days – 6.30%

• 600 days – 7.00%

• 601 days to 665 days– 6.30%

• 666 days – 7.25%

• 667 days to two years – 6.30%

• 2 years and 1 day to 3 years – 6.25%

• 3 years and 1 day to 5 years – 6.50%

• 5 years and one day up to 10 years – 6.50%

For senior citizens, the revised rates are as follows:

• 7 to 14 days – 4.00%

• 15 to 29 days – 4.00%

• 30 to 45 days – 4.00%

• 46 to 90 days – 5.00%

• 91 to 179 days – 5.00%

• 180 days to 270 days – 6.00%

• 271 days to less than a year – 6.00%

• 1 year– 6.80%

• Year 1 day to 599 days – 6.80%

• 600 days – 7.50%

• 601 days to 665 days– 6.80%

• 666 days – 7.75%

• 667 days to two years –6.80%

• 2 years and 1 day to 3 years – 6.75%

• 3 years and 1 day up to 5 years – 7.00%

• 5 years and one day up to 10 years – 7.30%

In addition, the rates for PNB Uttam Fixed Deposit Scheme (For Deposit above Rs 15 Lakh), which cannot be called, have also been revised by the bank with effect from 19 December.

In case of staff members and retired staff members who are also Senior Citizens, the maximum rate of interest allowed on the applicable card rate will be 150 bps for a period up to 5 years and 180 bps for a period of more than 5 years that the bank notified. .

Super senior citizens – those above 80 years of age – will get an additional interest rate of 80 bps over the applicable card rate in all maturity buckets. In case of staff members and retired staff members who are also super senior citizens, the maximum rate of interest to be allowed on the applicable card rate shall be 180 bps in the buckets of ‘ all maturity.