PNB FD Rate: If your account is in Punjab National Bank (PNB) then there is good news for you. Actually, PNB is giving special benefits to its customers on FD. Explain that PNB has increased the bumper interest rates on FD.
By the way, all the people using PNB will be happy with this news. The increase in FD interest rates by PNB will greatly benefit the account holders. Reports suggest that the bank has increased the interest rate on FDs between Rs 2 crore and Rs 10 crore.
PNB’s interest rate on FDs of 7 to 45 days will be increased by 0.50 percent to 5.50 to 6.00 percent. It has also been said that the interest rate on FDs with terms of 46 to 90 days will increase by 0.75 percent. Now at present, the interest rate has been increased from 5.50 per cent to 6.25 per cent. At the same time, the interest rate on FD of 6 months was increased from 6.25 percent to 6.50 percent. After this PNB customers have started dancing with joy.
The interest rate in the slabs of PNB has been determined keeping in mind the limit of the tenure of the FD. For example, if you make an FD for 1 to 2 years, then you will get interest at the rate of 6.50 percent. At the same time, on doing FD for 2 to 3 years, you will get interest at the rate of 6.50 percent.
