PNB shock to customers: Bank reduced FD interest rates, know how much interest will be available now

News India Live, Digital Desk: (Punjab National Bank) If your account is in Punjab National Bank (PNB) or you are thinking of making a fixed deposit (FD) in it, then this news is important for you. PNB recently received interest rates on its FD Deduction Have done a kind of shock for customers.

These new, ie decreased rates 10 April Has been implemented from Now banks to common customers on different periods from 7 days to 10 years from 7 days to 10 years 3.50% to 7.10% Is paying interest up to. As usual, senior citizens (people over 60 years of age) will get a little more benefit, interest rates for them 4% to 7.60% Will stay between

It is believed that many banks have reduced their FD rates after the Reserve Bank of India (RBI) signs of change in repo rate, and PNB has also taken this step in the same link.

PNB’s new FD interest rates (at less than ₹ 3 crore):

Here are new interest rates for different time periods (tenure):

  • 7 to 14 days: general public – 3.50%; Senior Citizen – 4.00%

  • 15 to 29 days: general public – 3.50%; Senior Citizen – 4.00%

  • 30 to 45 days: general public – 3.50%; Senior Citizen – 4.00%

  • 46 to 60 days: general public – 4.50%; Senior Citizen – 5.00%

  • 61 to 90 days: general public – 4.50%; Senior Citizen – 5.00%

  • 91 to 179 days: general public – 5.50%; Senior Citizen – 6.00%

  • 180 to 270 days: general public – 6.25%; Senior Citizen – 6.75%

  • 271 to 299 days: general public – 6.50%; Senior Citizen – 7.00%

  • 300 days: General Public – 6.50%; Senior Citizen – 7.00%

  • 301 to 302 days: general public – 6.50%; Senior Citizen – 7.00%

  • 303 days: general public – 6.40%; Senior Citizen – 6.90%

  • 304 days to <1 year: general public - 6.50%; Senior Citizen - 7.00%

  • 1 year: General Public – 6.80%; Senior Citizen – 7.30%

  • 1 year to> 389 days: general public – 6.80%; Senior Citizen – 7.30%

  • 390 days: General public – 7.10%Senior Citizen – 7.60% (Max rate)

  • 400 days: General public – 7.10%Senior Citizen – 7.60% (Max rate)

  • 401 to 505 days: general public – 6.80%; Senior Citizen – 7.30%

  • 506 days: general public – 6.70%; Senior Citizen – 7.20%

  • 507 days to 2 years: general public – 6.80%; Senior Citizen – 7.30%

  • From 2 years to 3 years: general public – 6.75%; Senior Citizen – 7.25%

  • 3 years to 1203 days: General Public – 6.25%; Senior Citizen – 6.75%

  • 1204 days: general public – 6.40%; Senior Citizen – 6.90%

  • 1205 days to 5 years: general public – 6.15%; Senior Citizen – 6.75%

  • 5 years to 1894 days: General Public – 6.00%; Senior Citizen – 6.80%

  • 1895 days: general public – 5.85%; Senior Citizen – 6.65%

  • From 5 years to 10 years: General Public – 6.00%; Senior Citizen – 6.80%

Note: The highest interest rate (7.10% for common people and 7.60% for senior citizens) now 390 days And 400 days The special duration of FD is available.

If you are going to FD in PNB or your old FD is going to be renewed, then take your decision only keeping these new reduced rates in mind.

Rahul Dev

Cricket Jounralist at Newsdesk

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