PNB increases interest rates on fixed deposits: Check new rates here | Popgen Tech

PNB Latest FD Rates

The bank has kept its interest rates on fixed deposits maturing in 7 to 45 days constant at 3 percent, while PNB will continue to give an interest rate of 3.25 percent on deposits in -term that they mature in 46 to 90 days. Fixed deposits with maturities between 91 and 179 days will continue to pay a rate of 4 percent, while term deposits with maturities between 180 days and less than a year will continue to pay a rate of 4.50 percent. On fixed deposits that mature in one year, PNB will continue to provide an interest rate of 5.30 percent.

On deposits maturing over one year and up to two years, PNB increased the interest rate by 15 basis points (bps) to 5.45 percent from 5.30% previously. The bank will continue to give an interest rate of 5.50 percent on deposits that mature in more than two years and up to three years, but has increased the interest rate on deposits that mature in more than three years and up to five years from 5.50 per cent to 5.75 percent, an increase of 25 basis points.

The interest rate for deposits that mature in more than 5 years and up to 10 years will remain at 5.60 percent, while the PNB increased the interest rate on fixed deposits that mature in 1111 days from 5.50 percent to 5.75 percent, 25 basis points. add.

View Full Image

“The revised interest rates will be applicable for new Deposits and renewal of existing deposits with effect from 20.07.2022,” PNB mentioned on its website. PNB stated on its website that “Senior citizens shall get an additional interest rate of 50 bps over the applicable card rates for all maturities on domestic deposits of less than Rs. 2 Crore In -case of staff members as well as retired staff members who are also Senior Citizens, the maximum rate of interest to be allowed on the applicable card rate shall be 150 bps except in the case of a scheme of PNB Tax Saver fixed deposit, where the maximum interest rate to be allowed on the applicable card rate is 100 bps.”