BANK NEWS
Punjab National Bank hikes FD rates up to 75 bps
With this revision in rates now the bank is offering interest rates ranging from 3.50% to 6.10% on deposits maturing in 7 days to 10 years.
New Delhi: The Delhi headquartered Indian public sector bank has hiked the interest rates by up to 75 bps on fixed deposits of less than Rs 2 Cr. According to the bank's official website the new fixed deposit rates is effective from today onwards, i.e October 26th 2022.
With this revision in rates now the bank is offering interest rates ranging from 3.50% to 6.10% on deposits maturing in 7 days to 10 years.
The bank's maximum interest rate of 7% is for the general public, 7.50% is for senior citizens and 7.80% to the super senior citizens on deposits maturing in 600 days.
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