Interest Rates of Punjab National Bank

Interest Rates on Deposit of Punjab National Bank as on date are detailed given in the interest of Public/customer.   Depositor should aware about the rate of interest of Punjab National Bank before planning any deposit in any bank. 

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

Domestic Term Deposit Interest Rates (% p.a.)

Sl. No Period  Below Rs. 1 Crore w.e.f. 01.08.2011 Rs. 1 Cr. To Rs. 10 Cr. w.e.f. 01.08.2011 1 7 to 14 days 4.00 4.00 2 15 to 45 days 4.50 4.50 3 46 to 60 Days 5.50 6.00 4 61 to 90 Days 5.50 7.50 5 91 to 179 days 7.00 8.25 6 180 days to 270 Days 8.00 8.50 7 271 days to less than 1 year 8.00 9.00 8 1 year 9.25 9.50 9  More than 1 year to 554 Days 9.25 9.25 10 555 Days 9.30 9.30 11 556 Days to < 2 years 9.25 9.25 12 2 years to 776 Days 9.25 9.25 13 777 Days 9.35 9.35 14 778 Days to 999 Days 9.25  9.25 15 1000 Dyas 9.40  9.40 16 1001 Days to < 3 years 9.25 9.25 17 3 years to less than 1111 Days 9.25 9.25  18 1111 Days 9.50 9.50 19 1112 Days to < 5 Years 9.25 9.25  20 5 years to 10 years 9.00 9.00

The rates of interest on Domestic Term Deposit of Senior Citizens will be 0.50% higher on all maturities (except Rs. 1 Crore to 10 Crores) as hitherto.

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).