Pnb Fixed Deposit Interest Rate
PNB Sugam Fixed Deposit Scheme provides flexibility among existing Fixed Deposit Schemes of PNB. The depositor can withdraw in multiples of Rs. 1,000 at any time before maturity without canceling the original deposit receipt and earn Interest on the remaining amount at the contracted rate. The current interest rates applies to PNB Peso time deposits that range 1 year for amounts 5M. The rate of 1.125% is 0.38% lower than the average 1.5%. Also it is 0.625% lower than the highest rate 1.75 Updated Jun, 2018.
© Faizan Javed Fixed Deposit rates: Check out FD interest rates in SBI, PNB and Axis BankFixed deposit interest rates were revised by State Bank of India (SBI), Punjab National Bank (PNB) and Axis Bank at the start of the new calendar year.
Check out the latest fixed deposit rates in SBI, PNB and Axis Bank
FD interest rates SBI (below Rs 2 crore) effective January 8, 2021:
SBI FDs between seven to 45 days will now fetch 2.9 percent. Term deposits between 46 days to 179 days will give 3.9 percent. FDs of 180 days to less than one year will fetch 4.4 percent. Deposits with maturity between 1 year and up to less than 2 years will give 10 bps more now. These deposits will fetch an interest rate of 5 percent instead of 4.9 percent. FDs maturing in 2 years to less than 3 years will give 5.1 percent. FDs with 3 years to less than 5 years will offer 5.3 percent and term deposits maturing in 5 years and up to 10 years will continue giving 5.4 percent after the latest revision.
Days
Interest rates
7 days to 45 days
2.9%
46 days to 179 days
3.9%
180 days to 210 days
4.4%
211 days to less than 1 year
4.4%
1 year to less than 2 years
5%
2 years to less than 3 years
5.1%
3 years to less than 5 years
5.3%
5 years and up to 10 years
5.4%
FD interest rates Axis Bank (below Rs 2 crore) effective January 4, 2021:
Across different tenures, Axis Bank offers FDs ranging from 7 days to 10 years. The bank gives interest on FDs ranging from 2.5 percent to 5.50 percent for general customers. On select maturities, Axis Bank offers a higher interest rate to senior citizens. The bank offers interest ranging from 2.50 percent to 6 percent to senior citizens.
Days
Interest rates
7 days to 29 days
2.5%
30 days to 90 days
3%
90 days to 120 days
3.5%
120 days to 180 days
3.75%
180 days to 360 days
4.40%
2 years to less than 3 years
5.4%
3 years to less than 5 years
5.4%
5 years and up to 10 years
5.5%
FD interest rates Punjab National Bank (below Rs 2 crore) effective January 1, 2021:
On fixed deposits maturing in the range of 7 days to 10 years, PNB is offering an interest rate ranging between 3 percent and 5.30 percent. On 7-45 days fixed deposits, PNB is offering an interest rate of 3 percent and it goes up 4.5 percent on less than 1 year FDs. PNB gives 5.20 percent interest on term deposits maturing in one year to up to 3 years. On deposits maturing above 5 years to 10 years, PNB is offering 5.30 percent interest. The Senior citizens shall get an additional rate of interest of 50 bps over applicable card rates for all maturities on domestic deposits of less than Rs 2 crore.
Days
Interest rates
7 days to 45 days
3%
46 days to 90 days
3.25%
91 days to 179 days
4%
180 days to 270 days
4.4%
271 days to less than 1 year
4.5%
1 year to 3 years
5.2%
3 years to 5 years
5.3%
5 years and up to 10 years
5.3%
PNB Revised FD Rates : Punjab National Bank (PNB) has revised interest rates on fixed deposits on select maturities with effect from 2 August 2019. PNB has lowered the interest rates by up to 50 basis points on maturity periods such as 7-14 days, 15-29 days, 30-45 days, 46-90 days and 91-179 days. On deposits maturing in 7-45 days, PNB is offering an interest rate of 5% to the general public and 5.5% to senior citizens on fixed deposits of up to ₹2 crore. Previously, the public sector bank paid interest rates of 5.50% and 6% on these FD maturities respectively.
PNB has also increased interest rates on select maturities. In the maturity period of 3-5 years, the bank will provide an interest rates of 6.5% to the general public and 7% to senior citizens on fixed deposits of up to Rs. 2 crore. Therefore, the revision marks an increase of 0.25 percentage point from the previous rates. In deposits maturing in 46 days to 179 days, PNB has reduced the interest rate from 6.25% to 5.75%. The rates of deposits maturing in 180 days to 270 days remain unchanged at 6.25%.
For 271 days to less than one year, the bank has reduced the interest rate by 20 basis points, these term deposits will now fetch an interest rate of 6.30%. On 333 days, PNB had reduced the interest rate from 6.75% to 6.30%.
PNB Revised FD Rates: List
Pnb Fixed Deposit Interest Rate Calculator
- Period – 7 to 14 days
- For General Public – 5%
- For Senior Citizens – 5.5%
- Period – 30 to 45 days
- For General Public – 5%
- For Senior Citizens – 5.5%
- Period – 46 to 90 days
- For General Public – 5.75%
- For Senior Citizens – 6.25%
- Period – 91 to 179 days
- For General Public – 5.75%
- For Senior Citizens – 6.25%
- Period – 180 to 270 days
- For General Public – 6.25%
- For Senior Citizens – 6.75%
- Period – 271 days to less than 1 year
- For General Public – 6.3%
- For Senior Citizens – 6.8%
- Period – 333 days
- For General Public – 6.3%
- For Senior Citizens – 6.8%
- Period – 1 Year
- For General Public – 6.75%
- For Senior Citizens – 7.25%
- Period – 444 days
- For General Public – 6.75%
- For Senior Citizens – 7.25%
- Period – 555 days
- For General Public – 6.75%
- For Senior Citizens – 7.25%
- Period – Above 1 year and up to 3 years
- For General Public – 6.75%
- For Senior Citizens – 7.25%
- Period – Above 3 year and up to 5 years
- For General Public – 6.5%
- For Senior Citizens – 7%
- Period – Above 5 year and up to 10 years
- For General Public – 6.5%
- For Senior Citizens – 7%
Pnb Fd Calculator
Earlier, the bank had revised the interest rate on its maturities on 1 July 2019. Senior citizens will continue to get an additional rate of interest of 0.5 per cent on their deposits.