Public sector lender, Punjab National Bank or PNB has introduced to decrease rate of interest on financial savings account deposits by 10 foundation factors (bps). The new rate of interest of two.90 per cent each year might be relevant to each current and new financial savings accounts holders, the lender talked about on its web site. The charge of curiosity on financial savings account deposits has been decreased with impact from 1 September 2021, Punjab National Bank famous.
For deposits beneath ₹100 crore, the brand new rate of interest might be 2.9 per cent, down by 0.10 per cent from 3 per cent.
Deposits of ₹100 crore and above can even earn the identical curiosity of two.9 per cent as towards 3 per cent at present.
PNB newest FD charges
PNB is providing an rate of interest ranging between 2.9% and 5.25% on fastened deposits maturing within the vary of seven days to 10 years. Senior residents get an extra charge of curiosity of 0.5 per cent on their deposits. For FDs maturing in 7 days to 10 years, they get an rate of interest ranging between 3.4% and 5.75%. These charges are with impact from 1 August 2021.
PNB financial savings account money withdrawal restrict
PNB presents three forms of debit playing cards to its clients — Platinum, Classic and Gold. As per the PNB’s official web site, PNB Platinum debit cardholders, money withdrawal restrict per day is ₹50,000. For, PNB Classic debit cardholders, the money withdrawal restrict per day is ₹25,000. For PNB gold debit cardholders, the money withdrawal restrict per day is ₹50,000.
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