These new rates have come into effect from 1 June 2023. Last month, PNB had increased the interest rates on some FDs. Punjab National Bank offers FDs ranging from days to 10 years for common citizens. He gives FD interest between 3.05% to 7.25% on this. The bank offers the highest interest of 7.25% on 444 days FD.

Interest has been reduced on these FDs

The bank has cut the interest rate for the common people by 5 bps on the affidavit maturing in 1 year. Now this FD has been increased from 6.80% to 6.75%. Last month, the bank had reduced the interest rate on FDs maturing in 666 days from 7.25% to 7.05%.

Punjab National Bank is giving this much interest on FD of less than Rs 2 crore

7 days to 14 days: For general public – 3.50 per cent; For senior citizens – 4.00 percent

15 days to 29 days: For general public – 3.50 per cent; For senior citizens – 4.00 percent

30 days to 45 days: For general public – 3.50 per cent; For senior citizens – 4.00 percent

46 days to 90 days: For general public – 4.50 per cent; For senior citizens – 5.00 percent

91 days to 179 days: For general public – 4.50 per cent; For senior citizens – 5.00 percent

180 days to 270 days: For general public – 5.50 per cent; For senior citizens – 6.00 percent

271 days to less than 1 year: For general public – 5.80 per cent; For senior citizens – 6.30 percent

1 year: For general public – 6.75 per cent; For senior citizens – 7.25 percent

More than 1 year to 443 days: For general public – 6.80 per cent; For senior citizens – 7.30 percent

444 days: For general public – 7.25 per cent; For senior citizens – 7.75 percent

445 to 665 days: For general public – 6.80 per cent; For senior citizens – 7.30 percent

666 days: For general public – 7.05 per cent; For senior citizens – 7.55 percent

667 days to 2 years: For general public – 6.80 per cent; For senior citizens – 7.30 percent

More than 2 years up to 3 years: For general public – 7.00 per cent; For senior citizens – 7.50 percent

Above 3 years to 5 years: For general public – 6.50 per cent; For senior citizens – 7.00 percent

5 years to 10 years: For general public – 6.50 per cent; For senior citizens – 7.30 per cent.

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