Punjab National Bank (PNB) has revised its charges of curiosity on mounted deposits of decrease than ₹2 crore. In a surprising switch, the lender has diminished mounted deposit charges of curiosity on single tenure, in accordance with the PNB web page. The new fees are environment friendly from June 1, 2023. The monetary establishment has cut back the speed of curiosity on one-year deposits by 5 basis elements (bps). These deposits will now fetch an fee of curiosity of 6.75%
Punjab National Bank latest FD fees for frequent purchasers
For frequent residents, PNB affords FD charges of curiosity between 3.50% to 7.25% for tenure ranging between 7 days to 10 years.
Punjab National Bank latest FD fees for senior residents
For senior residents, PNB affords FD charges of curiosity between 4% to 7.75% for tenure ranging between 7 days to 10 years.
Punjab National Bank latest FD fees for large senior residents
For large senior residents, PNB affords FD charges of curiosity between 4.30% to eight.05% for tenure ranging between 7 days to 10 years.
Punjab National Bank latest FD fees (beneath ₹2 crore) environment friendly 1 June
7 to 14 days 3.50
15 to 29days 3.50
30 to 45 days 3.50
46 to 90 days 4.50
91 to 179 days 4.50
180 days to 270 Days 5.50
271 days to decrease than 1 yr 5.80
1 yr 6.75
above 1 yr to 443 days 6.80
444 days 7.25
445 days to 665 days 6.80
666 days 7.05
667 days to 2 years 6.80
above 2 yr & upto 3 years 7.00
above 3 yr & upto 5 years 6.50
above 5 years & upto 10 years 6.50
Punjab National Bank has hiked its marginal worth of lending fees (MCLR) by 10 bps on all tenures. The new charges of curiosity are environment friendly from June 1, 2023.
As per the PNB web page, the monetary establishment’s in a single day benchmark marginal worth of lending has been elevated to eight.10 per The fees for one month, three months, and 6 months have been hiked to eight.20 per cent, 8.30 per cent, and eight.50 per cent, respectively. The one-year MCLR is elevated to eight.60 per cent, whereas the three-year MCLR has been hiked to eight.90 per cent.
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Updated: 02 Jun 2023, 09:34 AM IST
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