Punjab National Bank (PNB) has adjusted its fixed deposit interest rates, which are in force from 1 August 2021. The Punjab National Bank (PNB) has adjusted its fixed deposit interest rates, which will take effect on August 1, 2021. On fixed deposits maturing in the period of 7 days to 10 years, PNB is giving interest rates varying from 2.9 percent to 5.25 percent. PNB is providing a 2.9 percent interest rate on 7-45 day fixed deposits and a 4.4 percent rate on less than one year FDs.
PNB pays 5.10 percent interest on term deposits with maturities ranging from one year to two years. The bank offers 5.10 percent on deposits with a maturity of more than two years and less than three years. On deposits maturing in the period of 5 to 10 years, PNB is providing 5.25 percent interest respectively. Senior citizens will get an additional 0.5 percent interest rate on their deposits following the most recent adjustment. The interest rate on FDs maturing in 7 days to 10 years will be between 3.4 percent and 5.75 percent.
PNB FD Rates
For deposits of less than Rs 2 Cr, here are the most recent interest rates on fixed deposits provided by Punjab National Bank with effect from August 1, 2021.
| Tenure | Regular FD Rates in % | Senior Citizen FD Rates In % |
|---|---|---|
| 7 to 14 days | 2.9 | 3.4 |
| 15 to 29days | 2.9 | 2.9 |
| 30 to 45 days | 2.9 | 2.9 |
| 46 to 90 days | 3.25 | 3.25 |
| 91 to 179 days | 3.8 | 3.8 |
| 180 days to 270 Days | 4.4 | 4.42 |
| 271 days to less than 1 year | 4.4 | 4.45 |
| 1 year | 5 | 5.09 |
| Above 1 year & upto 2 years | 5 | 5.09 |
| Above 2 years & upto 3 years | 5.1 | 5.33 |
| Above 3 years & upto 5 years | 5.25 | 5.65 |
| Above 5 years & upto 10 years | 5.25 | 5.96 |
PNB Tax Saver Fixed Deposit
Here are the interest rates provided on the tax saver fixed deposit scheme to both regular and senior citizens provided by PNB.
| Interest Rates |
|---|
| Public (General)- 5.25 (for 5 years) 5.25 ( for above 5years to 10 years) |
| Sr. Citizen (General)- 5.75 (for 5 years) 5.75 ( for above 5years to 10 years) |
| Staff member- 6.25 (for 5 years) 6.25 ( for above 5years to 10 years) |
| Retired Staff (Sr. Citizen)- 6.25 (for 5 years) 6.25 ( for above 5years to 10 years) |
PNB UTTAM FIXED DEPOSIT SCHEME (Non-Callable)
PNB is offering the following interest rates for deposits over 15 lakhs with effect from 01.08.2021.
| Tenure | Domestic TD More Than Rs 15 Lakh To Less Than Rs.2cr | Domestic TD Rs.2 Cr. To Rs 10 Cr |
|---|---|---|
| 91 to 179 days | 3.85 | 3.05 |
| 180 days to 270 Days | 4.45 | 3.05 |
| 271 days to less than 1 year | 4.45 | 3.05 |
| 1 year | 5.05 | 3.55 |
| Above 1 year & upto 2 years | 5.05 | 3.55 |
| Above 2 years & upto 3 years | 5.15 | 3.55 |
| Above 3 years & upto 5 years | 5.3 | 3.55 |
| Above 5 years & upto 10 years | 5.3 | 3.55 |
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