Punjab Nationwide Financial institution (PNB) has modified its mounted deposit (FD) charges and added two new tenures for deposits of lower than Rs 3 crore. These adjustments in FDs are efficient from January 1, 2025.
PNB’s new mounted deposit tenures
The PSU financial institution has added a 303-day tenure FD through which depositors will get a seven per cent rate of interest. The opposite FD tenure is 506-day FD with an rate of interest of 6.7 per cent for normal residents.
Senior citizen FD charges for brand spanking new tenures
On the 303-day FD scheme, senior residents will get a 7.5 per cent rates of interest whereas the financial institution offers a 7.2 per cent rate of interest on the 506-day FD.
PNB’s new FD tenures rate of interest for tremendous senior residents
Tremendous senior residents will get 7.8 per cent rates of interest on a 303-day FD plan. They may get a 7.5 per cent rate of interest on 506-day FD.
PNB: Newest FD rates of interest
Punjab Nationwide Financial institution offers mounted deposit rates of interest starting from 3.50 per cent to 7.25 per cent for phrases starting from seven days to 10 years to normal residents. The utmost rate of interest, 7.25 per cent, is given for a 400-day time period.