Punjab National Bank (PNB) hikes fixed deposit (FD) rates by up to 75 bps | Popgen Tech
Major public sector lender Punjab National Bank has raised interest rates by up to 75 bps on fixed deposits of less than ₹2 Cr. According to the bank’s official website the new rates are effective from today 26 October 2022. After the review, the bank is now offering interest rates ranging from 3.50% to 6.10% on deposits which mature in 7 days to 10 years. Punjab National Bank will now offer a maximum interest rate of 7% to the general public, 7.50% to senior citizens and 7.80% to super senior citizens on deposits maturing in 600 days.