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Banking Rule: Punjab National Bank has implemented new interest rates, big shock to customers, now they will get this much interest..

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PNB New Interest Rate: Government and big banks in India provide lower interest rates to the people on FD and savings accounts as compared to small and private banks. All banks keep changing their rules at the beginning of the new financial year. Recently, Punjab National Bank, one of the largest and oldest government banks in the country, has changed its FD-related schemes. This change in the FD schemes of Punjab National Bank has come into effect from the beginning of this month.

PNB reduces FD interest rates

Punjab National Bank (PNB Bank) has decided to change its FD interest rates (PNB FD Scheme) from March 1, 2025. Punjab National Bank has decided to reduce the FD interest rates (FD Interest Rate), giving a shock to its crores of customers. PNB Bank has reduced its FD (Interest Rate on FD) by 0.75 percent.

FD tenure ranges from 7 days to 10 years.

Punjab National Bank gives its customers the benefit of FD tenure ranging from one week to 10 years. All public and private banks follow the RBI guidelines while providing interest on FD and savings accounts. Punjab National Bank is offering these FD rates on FDs of more than Rs 3 crore.

This interest is being offered on FDs of less than Rs 3 crore.

Punjab National Bank is providing interest to its customers according to the tenure on FDs of less than Rs 3 crore (3 crore Rupees FD). Banks provide low interest rates for the short term. Banks provide higher interest rates on long-term FDs.

Punjab National Bank is giving this much interest on FD of less than Rs 3 crore.

7 days to 14 days: - 5.25 percent

15 days to 29 days: - 5.25 percent

30 days to 45 days: - 5.25 percent

46 days to 60 days: 6.25 percent

61 days to 90 days: 6.25 percent

91 days to 179 days: 6.50 percent

180 days to 270 days: 6.65 percent

271 days to 299 days: 6.75 percent

300 days: 7.00 percent

301 days to 302 days - 6.75 percent

303 days - 7.00 percent

304 days to less than one year - 6.50 percent

1 year: 6.75 percent

More than 1 year to 399 days: 6.80 percent

400 days: 6.80 percent

401 days to 505 days: 6.80 percent

506 days - 6.70 percent

507 days to 2 years: 6.80 percent

More than 2 years to 3 years: 6.50 percent

More than three years and up to 1203 days - 6.25 percent

1204 days - 6.35 percent

5 years to 10 years: 5.60 percent

Disclaimer: This content has been sourced and edited from Hr Breaking. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.