Punjab National Bank :- Interest Rate on Deposit w.e.f. 16.08.12

Saving Account Interest Rates :    4.0 % p.a. (w.e.f. 3rd May 2011)
 
Domestic Term Deposit Interest Rates (% p.a.)  
 
Sl. No PeriodROI (% p.a.)w.e.f 16.08.2012A.Y.* ROI (% p.a.) w.e.f 16.08.2012A.Y.* NRE Term Deposit w.e.f 16.08.2012
  Less than Rs. 1 Cr. Rs. 1 Cr. To Rs. 10 Cr. #   ROI % p.a.
17 to 14 days4.004.004.004.00NA
215 to 45 days4.504.504.504.50NA
346 to 90 Days5.505.50 7.007.00NA
491 to 179 days6.756.758.008.00NA
5180 days to 270 Days7.507.578.258.34NA
6271 days to less than 1 year7.507.648.508.68NA
 71 Year Only 9.009.31 9.009.31 9.00
 8>1 year to 5 year
( Except 400 and 1111 days)
8.759.04
8.75
9.04   8.75
9 400 days9.009.359.009.359.00
 10 1111 Days9.0010.229.0010.228.75
11>5 years to 10 years8.5010.468.5010.468.50
 *Approximate Annualized Yield in % terms at the beginning of the slab.
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).
 

Popular posts from this blog

e-TDS : - TDS on Rent under code 4IA or 4IB

Jain:- e-booking of Room for Digambar Jain Atishay Kshetra, Karauli , Rajasthan

How to convert .rpt files to .xls