PNB hikes FD rates up to 95 bps, now up to 8.05% on this tenor | Popgen Tech
For fixed deposits under ₹2 crore, leading public sector lender Punjab National Bank (PNB) has raised interest rates. According to the bank’s official website, the new rates are in effect from 19.12.2022. Following the review, the bank increased FD rates by 95 bps over 666 days and by 40 bps over tenors of over 3 years to 10 years. According to the announcement, PNB will start offering a maximum interest rate of 7.25% for the general public, 7.75% for senior individuals, and 8.05% for super seniors on deposits that mature in 666 days.