PNB hikes FD rates again; increases fixed deposit interest rate by 80 bps on this tenure This time, the bank increased rates by 80 basis points (bps) on a single tenure
Punjab National Bank raised FD interest rates for the second time in a month. This time, the bank increased rates by 80 basis points (bps) on a single tenure. The new rates are effective from January 8, 2024. Earlier, on January 1, the bank has hiked up to 45 basis points (bps) on certain tenures and has reduced on some.Bank of Baroda hikes FD interest rates on various tenors by up to 125 bps: Check details
On which tenure has the bank hiked by 80 bps?
The bank has hiked 80 bps on tenure of 300 days from 6.25% to 7.05% for general citizens, 7.55% for senior citizens, and 7.85% to super senior citizens.Latest Punjab National Bank FD rates
After revision, the bank offers interest rates between 3.50% to 7.25% for regular citizens. For senior citizens, the bank offers between 4% to 7.75% and for super senior citizens, the bank offers between 4.30% to 8.05%.PNB FD interest rates for general citizens
PeriodExisting Rates For Public W.E.F. 01.01.2024Revised Rates For Public W.E.F. 08.01.20247 to 14 Days3.53.515 to 29 Days3.53.530 to 45 Days3.53.546 to 60 Days4.54.561 to 90 Days4.54.591 to 179 Days4.54.5180 to 270 Days66271 Days to 299 Days6.256.25300 Days6.257.05301 Days to 6.256.251 Year6.756.75>1 Year to 399 days6.86.8400 Days7.257.25401 Days to 2 Years6.86.8above 2 years & upto 3 years77above 3 years & upto 5 years6.56.5above 5 years & upto 10 years6.56.5PNB FD interest rates for senior citizens
Period*Existing Rates For Senior Citizens W.E.F. 01.01.2024*Revised Rates For Senior Citizens W.E.F. 08.01.20247 to 14 Days4415 to 29 Days4430 to 45 Days4446 to 60 Days5561 to 90 Days5591 to 179 Days55180 to 270 Days6.56.5271 Days to 299 Days6.756.75300 Days6.757.55301 Days to 6.756.751 Year7.257.25>1 Year to 399 days7.37.3400 Days7.757.75401 Days to 2 Years7.37.3above 2 years & upto 3 years7.57.5above 3 years & upto 5 years77above 5 years & upto 10 years7.37.3PNB FD interest rates for super senior citizens
Period#Existing Rates For Super Senior Citizens W.E.F. 01.01.2024#Revised Rates For Super Senior Citizens W.E.F. 08.01.20247 to 14 Days4.34.315 to 29 Days4.34.330 to 45 Days4.34.346 to 60 Days5.35.361 to 90 Days5.35.391 to 179 Days5.35.3180 to 270 Days6.86.8271 Days to 299 Days7.057.05300 Days7.057.85301 Days to 7.057.051 Year7.557.55>1 Year to 399 days7.67.6400 Days8.058.05401 Days to 2 Years7.67.6above 2 years & upto 3 years7.87.8above 3 years & upto 5 years7.37.3above 5 years & upto 10 years7.37.3Connect with Experts - Wealth creation made easy
This story originally appeared on: India Times - Author:Faqs of Insurances
