Punjab National Bank welcomes its customers into 2023 by increasing  interest rates on Saving and FD accounts 

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Punjab National Bank welcomes its customers into 2023 by increasing  interest rates on Saving and FD accounts 

Punjab National Bank (PNB), nation’s leading public sector bank, welcomes its customers in the new year 2023 by increasing interest rates on saving deposit by 25 BPS and fixed deposit accounts below 2cr by 50 BPS. The bank made the rates applicable from 1st of January 2023.

 

Fixed Deposits

Product

Period

Public

Senior Citizens

Super Senior Citizens

Term Deposit

On Single Domestic Term Deposits

1 year

>1 year to 665 days

667 days to 2 years

> 2years to 3 years

6.75% p.a.

(6.25 +0.50)

7.25% p.a.

(6.75 + 0.50)

7.55% p.a.

(7.05 + 0.50)

On Single NRO and NRE Term Deposits upto 2 Cr

1 year

>1 year to 665 days

667 days to 2 years

> 2years to 3 years

6.75% p.a.

(6.25 +0.50)

6.75% p.a.

(6.25 +0.50)

6.75% p.a.

(6.25 +0.50)

PNB Uttam Scheme*

 

1 year

>1 year to 665 days

667 days to 2 years

> 2years to 3 years

6.80% p.a.

(6.30 +0.50)

7.30% p.a.

(6.80 +0.50)

7.60% p.a.

(7.10 +0.50)

          *With No premature withdrawal option

 

Savings Deposit Public

Saving Fund Account Balance of Rs.100 Crore & above

3.00% p.a.

(2.75 +0.25)

 

Apart from the revised interest rates, PNB will continue to offer attractive interest rates 8.10%* p.a. for fixed deposit period 666 days.

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