The smile is back on the face of PNB account holders, FD interest rate increased by this much percent | Popgen Tech

New Delhi: These days, banks across the country are taking great steps to keep account holders happy, which you can comfortably take advantage of. Meanwhile, if your account is in Punjab National Bank (PNB), then this news will be very valuable. After the increase in repo rate by RBI, PNB also took a shocking decision.

Now the PNB has announced to increase the interest rates on the FD, because of which everyone is dreaming of becoming rich. If your account is in PNB, then you will get a huge amount in the form of interest on FD. You have to read all the news in detail to know everything.

Punjab National Bank (PNB) has announced a huge increase in FDs, due to which there is a lot of happiness on the faces of the account holders. The bank has announced an increase in interest rates on FDs up to 0.95 percent for maturity periods. The new rates will be considered effective from 19 December 2022.

PNB has increased interest rates for retail domestic/NRO term deposits below Rs 2 crore, PNB Uttam, domestic/NRO term deposits between Rs 2 and 10 crore, all. At the same time, an increase of 666 days was decided for non-callables, maturity periods of ‘more than 3 years to 5 years’ and ‘more than 5 years to 10 years’.

• How much increase in FD from 2 crores to Rs.

For information, let us tell you that SBI has already increased the FD interest rates. In the case of retail FDs of less than Rs 2 crore, it has been announced to increase the interest by 0.65 per cent. In case of FDs of Rs 2 crore and above i.e. bulk FDs, the interest rate has been increased by one percent.