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PNB Bank Released New FD Interest Rates: PNB has increased the rates of fixed deposits, know the new rates details here

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Punjab National Bank: Punjab National Bank (PNB) has given a gift in the new year. In the new year, the bank has increased the interest on FD (Fixed Deposit – FD). The bank has increased the interest on FD by 45 basis points i.e. 0.45 percent. However, interest on some FDs has also been reduced. These new rates have come into effect from January 1, 2024.


Punjab National Bank : Punjab National Bank (PNB) has given a gift in the new year. In the new year, the bank has increased the interest on FD (Fixed Deposit – FD). The bank has increased the interest on FD by 45 basis points i.e. 0.45 percent. However, interest on some FDs has also been reduced. These new rates have come into effect from January 1, 2024. Punjab National Bank gives FDs ranging from 7 days to 10 years to common citizens. He gives FD interest between 3.50% to 7.25% on this.

PNB Bank increased interest on these FDs

PNB Bank has increased the FD rate for general public from 5.50 percent to 6 percent for 180 days to 270 days. The interest on FD for the general public on FDs of 271 days to less than 1 year has increased from 5.80 percent to 6.25 percent. The bank has increased the interest on 400 days FD from 6.80 percent to 7.25 percent. The bank has reduced the interest on FD of 444 days by 0.45 percent. Now the interest on FD of 444 days has been reduced to 6.80 percent. Earlier 7.25 percent interest was being given on this.

Punjab National Bank is giving this much interest on FD less than Rs 2 crore

  • 7 days to 14 days: For general public – 3.50 percent; For senior citizens – 4.00 percent
  • 15 days to 29 days: For general public – 3.50 percent; For senior citizens – 4.00 percent
  • 30 days to 45 days: For general public – 3.50 percent; For senior citizens – 4.00 percent
  • 46 days to 90 days: For general public – 4.50 percent; For senior citizens – 5.00 percent
  • 91 days to 179 days: For general public – 4.50 percent; For senior citizens – 5.00 percent
  • 180 days to 270 days: For general public – 5.50 percent; For senior citizens – 6 percent
  • 271 days to less than 1 year: For general public – 5.80 percent; For senior citizens – 6.30 percent
  • 1 year: For general public – 6.75 percent; For senior citizens – 7.25 percent
  • More than 1 year to 443 days: For general public – 6.80 percent; For senior citizens – 7.30 percent
  • 444 days: For general public – 6.80 percent; For senior citizens – 7.30 percent
  • 445 to 2 years: For general public – 6.80 percent; For senior citizens – 7.30 percent
  • More than 2 years to 3 years: For general public – 7.00 percent; For senior citizens – 7.50 percent
  • More than 3 years to 5 years: For general public – 6.50 percent; For senior citizens – 7.00 percent
  • From 5 years to 10 years: For general public – 6.50 percent; For senior citizens – 7.30 percent.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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