Punjab National Bank (PNB) was established in the year of 1895 with registered office in Lahore, Pakistan. Currently, it is a government owned bank with headquarters in Delhi, India. It has around 7000 branches and 115 million customers across India. Punjab National Bank not only has their operations in India but also operates in 10 other countries which include the UAE, Hong Kong, Australia, UK, etc. This article covers Punjab National Bank (PNB) FD interest rates.
Following are the Punjab National Bank (PNB) FD interest rates:
|Tenure||FD interest rate (in %) for Domestic/NRO deposits less than 2 CR||FD interest rate (in %) for Domestic/NRO deposits from 2 CR to 10 CR|
|15 to 29days||3.00||3.00|
|30 to 45 days||3.00||3.00|
|46 to 90 days||3.25||3.00|
|91 to 179 days||4.00||3.00|
|180 days to 270 Days||4.40||3.10|
|271 days to less than 1 year||4.50||3.10|
|1 year and 1 day to up to 2 years||5.20||3.25|
|2 years and 1 day to up to 3 years||5.20||3.00|
|3 years and 1 day to up to 5 years||5.30||3.00|
|5 years and 1 day to up to 10 years||5.30||3.00|
Following individuals and entities are eligible for opening a Punjab National Bank (PNB) FD account:
Following are the documents required to open a Punjab National Bank (PNB) FD account:
Punjab national bank’s FDs can last from 7 days to 10 years depending upon the FD scheme chosen by the investor.
An investor can start investing in Punjab National Bank Fixed Deposit (FD) with as low as INR 100.
A FD scheme that prevents a customer from withdrawing any amount before the maturity of the Fixed Deposit is called a non-callable FD.