PNB Interest rate

Punjab National Bank Interest rate

Saving Account Interest Rates : 4.0 % p.a. (w.e.f. 3rd May 2011)

Rate of Interest on Single Domestic Term Deposits (TD) of upto Rs.10 Cr and NRE Term Deposits (w.e.f.01.04.2013)

    Domestic  TD Less than Rs.1 cr.

 

Domestic TD     Rs.1 cr. To Rs 10 cr#

 

NRE TD 
Sl. No  Period ROI (% p.a.) A.Y.*  ROI (% p.a.)  A.Y.*  ROI (% p.a.)  
1 7 to 14 days 4.00 4.00 4.00 4.00 NA
2 15 to  29ays 4.50 4.50 4.50 4.50 NA
3 30 to 45 days 4.50 4.50 6.50 6.50 NA
4 46 to 90 Days 5.50 5.50 7.00 7.00 NA
5 91 to 179 days 6.75 6.75 8.00 8.00 NA
6 180 days to 270 Days 7.50 7.57 8.25 8.34 NA
7 271 days to less than 1 year 7.50 7.64 8.25 8.42 NA
 8 1 Year Only 9.00 9.31  9.00 9.31 9.00
 9 >1 year to 5 year( Except 400) 8.75 9.04 8.75 9.04    8.75
10  400 days 9.00 9.36 9.00 9.36 9.00
11 >5 years to 10 years 8.50 10.46 8.50 10.46 8.50

*Annualized Yield in % terms at the beginning of the slab.
For senior citizens the additional rate of interest shall be 25 bps.

# The rates for Rs.1 Crore to Rs.10 Crore are not to be loaded with additional rate of interest for Sr. Citizens, staff accounts, army/naval/air force group insurance, etc.

These revised interest rates will be applicable to the fresh deposits and renewal of existing Term deposits.

These interest rates would also apply to term deposit accounts opened under Capital Gains Account Scheme, 1988 (OPERATIVE IN ALL BRANCHES EXCEPT RURAL OFFICES).

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