PNB FD Interest Rate 2022: Punjab National Bank (PNB) has come up with an attractive offer on fixed deposits for senior citizens and very senior citizens. According to the PNB website, the FD interest rate has been increased for one tenure for senior citizens and for all tenures for super senior citizens.
The bank has increased the rates by up to 30 bps for amounts up to Rs 2 crore and the new rates have come into effect from September 13, 2022. PNB has increased the FD interest rate for senior citizens from 6.15 percent to 6.45 percent. This has happened for a tenure of 5-10 years.
“The revised interest rates are applicable on fresh deposits and renewal of existing deposits with effect from 13.09.2022,” the bank said on its website.
The bank further said, “Senior citizens of 60 years and up to 80 years will get an additional interest rate of 50 bps on applicable card rates for tenors of up to 5 years and for domestic deposits of less than Rs 2 crore for tenures exceeding 5 years. Additional interest of 80 bps will be available for Rs.
In case of staff members as well as retired staff members who are also senior citizens, the maximum interest rate at the applicable card rate will be 150 bps for tenures up to 5 years and 180 bps for tenures above 5 years.
PNB said that super senior citizens (above 80 years of age) will get an additional interest rate of 80 bps over the applicable card rate across all maturities.
