PNB FD Interest Rates

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PNB FD Interest Rates: Punjab National Bank (PNB) has announced an increase in its fixed deposit (FD) interest rates, effective 1st August 2020. The revised FD interest rates range from 3.50% to 7.25%, depending on the tenure and amount of the FD. Senior citizens are eligible for an additional 0.50% to 0.75% higher interest rate for their FDs with PNB.

Customers who open Fixed Deposits online will receive a 0.25% higher interest rate for their FDs than other channels. PNB aims to provide customer-friendly and competitive banking products and services to its customers through this move.

PNB FD Interest Rates: PNB Domestic/NRO Term Deposit FD Rates Below Rs.2 Crore

TenureRegular FD Rates (p.a.)Senior Citizen FD Rates (p.a.)
Seven days to 14 days3.50%4.00%
15 days to 29 days3.50%4.00%
30 days to 45 days3.50%4.00%
46 days to 90 days4.50%5.00%
91 days to 179 days4.50%5.00%
180 days to 270 days5.50%6.00%
271 days to less than a year5.50%6.00%
One year6.75%7.25%
above one year to 665 days6.75%7.25%
666 days7.25%7.75%
667 days to 2 years6.75%7.25%
Above two years and up to 3 years6.75%7.25%
Above three years and up to 5 years6.50%7.00%
Above five years and up to 10 years6.50%7.30%

PNB Domestic/NRO Term Deposit FD Rates Between Rs.2 Crore and Rs.10 Crore

TenureRegular FD Rates (p.a.)
Seven days to 14 days5.50%
15 days to 29 days5.50%
30 days to 45 days5.50%
46 days to 90 days5.50%
91 days to 179 days6.00%
180 days to 270 days6.25%
271 days to less than a year6.25%
One year6.75%
Above one year and up to 599 days6.50%
600 days to 2 years6.50%
Above two years and up to 3 years6.50%
Above three years and up to 5 years6.25%
Above five years and up to 10 years5.60%

PNB NRE Fixed Deposit Rates: Less than Rs.2 crore – General Citizens

TenureRegular FD Rates (p.a.)
One year6.75%
Above one year to 665 days6.75%
666 days7.25%
667 days to 2 years6.75%
Above two years and up to 3 years6.75%
Above three years and up to 5 years6.50%
Above five years and up to 10 years6.50%

PNB NRE Fixed Deposit Rates: Rs.2 crore to less than Rs.10 crore – General Citizens

TenureRegular FD Rates (p.a.)
One year6.75%
Above one year and up to 599 days6.50%
600 days6.50%
601 days to 2 years6.50%
Above two years and up to 3 years6.50%
Above three years and up to 5 years6.25%
Above five years and up to 10 years5.60%

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