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PNB FD interest rate change: Punjab National Bank reduced interest rate on FD, check latest FD rates

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PNB FD interest rate change: Punjab National Bank (PNB) has shocked its crores of customers in the new year. PNB has reduced the interest rate on FD. Punjab National Bank gives FD to common citizens from 7 days to 10 years.

PNB FD interest rate change: Punjab National Bank (PNB) has shocked its crores of customers in the new year. PNB has reduced the interest rate on FD. Punjab National Bank gives FD to common citizens from 7 days to 10 years. It is giving FD interest between 3.50% to 7.10% on this. At the same time, it is offering interest of 4 percent to 7.60 percent to senior citizens. These new rates have come into effect from April 10. These rates are for FDs up to Rs 3 crore. After RBI reduced the repo rate, most banks are reducing the interest rate on FD.

Punjab National Bank is giving this much interest on FD of less than Rs 3 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 60 days: For general public – 4.50 percent; For senior citizens – 5.00 percent
  • 61 days to 90 days: For general public – 4.50 percent; For senior citizens – 5.00 percent
  • 91 days to 179 days: For general public – 5.50 percent; For senior citizens – 6 percent
  • 180 days to 270 days: General public – 6.25 percent; Senior citizens – 6.75 percent
  • 271 days to 299 days: General public – 6.50 percent; Senior citizens – 7 percent
  • 300 days: General public – 6.50 percent; Senior citizens – 7 percent
  • 301 days to 302 days – 6.50 percent; Senior citizens – 7 percent
  • 303 days – 6.40 percent; Senior citizens – 6.90 percent
  • 304 days to less than one year – 6.50 percent; Senior citizens – 7.00 percent
  • 1 year: General public – 6.80 percent; For senior citizens – 7.30 percent
  • More than 1 year to 389 days: For general public – 6.80 percent; For senior citizens – 7.30 percent
  • 390 days: For general public – 7.10 percent; For senior citizens – 7.60 percent
  • 400 days: For general public – 7.10 percent; For senior citizens – 7.60 percent
  • 401 days to 505 days: For general public – 6.80 percent; For senior citizens – 7.30 percent
  • 506 days – For general public – 6.70 percent; For senior citizens – 7.20 percent
  • 507 days 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 – 6.75 percent; For senior citizens – 7.25 percent
  • More than three years and upto 1203 days – 6.25 percent; For senior citizens – 6.75 percent
  • 1204 days – For general public – 6.40 percent; For senior citizens – 6.90 percent
  • 1205 days to 5 years – For general public – 6.15 percent; For senior citizens – 6.75 percent
  • 5 years to 1894 days – For general public – 6.00 percent; For senior citizens – 6.80 percent
  • 1895 days – For general public – 5.85 percent; For senior citizens – 6.65 percent
  • 5 years to 10 years: For general public – 6.00 percent; For senior citizens – 6.80 percent.

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Deepak Kumar
Deepak Kumar
Deepak Kumar has 2 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 @deepakmaurya152004@gmail.com
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