Punjab National Bank (PNB) has revised FD interest rates on deposits below Rs 2 crore, according to the bank website. The new FD rates are effective from April 12, 2024.
Latest Punjab National Bank FD rates
After revision, the bank offers FD interest rates between 3.50% to 7.25% for regular citizens. For senior citizens, the bank offers between 4% to 7.75% and for super senior citizens, the bank offers between 4.30% to 8.05%.
PNB FD rates for general citizens
| Sl. No | Period | Existing Rates For Public W.E.F. 08.01.2024 | Revised Rates For Public W.E.F. 12.04.2024 |
| 1 | 7 to 14 Days | 3.5 | 3.5 |
| 2 | 15 to 29 Days | 3.5 | 3.5 |
| 3 | 30 to 45 Days | 3.5 | 3.5 |
| 4 | 46 to 60 Days | 4.5 | 4.5 |
| 5 | 61 to 90 Days | 4.5 | 4.5 |
| 6 | 91 to 179 Days | 4.5 | 4.5 |
| 7 | 180 to 270 Days | 6 | 6 |
| 8 | 271 Days to 299 Days | 6.25 | 6.25 |
| 9 | 300 Days | 6.25 | 7.05 |
| 10 | 301 Days to < 1 Year | 6.25 | 6.25 |
| 11 | 1 Year | 6.75 | 6.75 |
| 12 | > 1 Year to 399 days | 6.8 | 6.8 |
| 13 | 400 Days | 7.25 | 7.25 |
| 14 | 401 Days to 2 Years | 6.8 | 6.8 |
| 15 | > 2 years to 3 years | 7 | 7 |
| 16 | > 3 years to 1203 days | 6.5 | 6.5 |
| 17 | 1204 days** | 6.5 | 6.4 |
| 18 | 1205 days to 5 years | 6.5 | 6.5 |
| 19 | > 5 years to 1894 days | 6.5 | 6.5 |
| 20 | 1895 days** | 6.5 | 6.35 |
| 21 | 1896 days to 10 years | 6.5 | 6.5 |
FD interest rate for senior citizens
| Sl. No | Period | *Existing Rates For Senior Citizens W.E.F. 08.01.2024 | *Revised Rates For Senior Citizens W.E.F. 12.04.2024 |
| 1 | 7 to 14 Days | 4 | 4 |
| 2 | 15 to 29 Days | 4 | 4 |
| 3 | 30 to 45 Days | 4 | 4 |
| 4 | 46 to 60 Days | 5 | 5 |
| 5 | 61 to 90 Days | 5 | 5 |
| 6 | 91 to 179 Days | 5 | 5 |
| 7 | 180 to 270 Days | 6.5 | 6.5 |
| 8 | 271 Days to 299 Days | 6.75 | 6.75 |
| 9 | 300 Days | 6.75 | 7.55 |
| 10 | 301 Days to < 1 Year | 6.75 | 6.75 |
| 11 | 1 Year | 7.25 | 7.25 |
| 12 | > 1 Year to 399 days | 7.3 | 7.3 |
| 13 | 400 Days | 7.75 | 7.75 |
| 14 | 401 Days to 2 Years | 7.3 | 7.3 |
| 15 | > 2 years to 3 years | 7.5 | 7.5 |
| 16 | > 3 years to 1203 days | 7 | 7 |
| 17 | 1204 days** | 7 | 6.9 |
| 18 | 1205 days to 5 years | 7 | 7 |
| 19 | > 5 years to 1894 days | 7.3 | 7.3 |
| 20 | 1895 days** | 7.3 | 7.15 |
| 21 | 1896 days to 10 years | 7.3 | 7.3 |
FD interest rate for super senior citizens
| Sl. No | Period | #Existing Rates For Super Senior Citizens W.E.F. 08.01.2024 | #Revised Rates For Super Senior Citizens W.E.F. 12.04.2024 |
| 1 | 7 to 14 Days | 4.3 | 4.3 |
| 2 | 15 to 29 Days | 4.3 | 4.3 |
| 3 | 30 to 45 Days | 4.3 | 4.3 |
| 4 | 46 to 60 Days | 5.3 | 5.3 |
| 5 | 61 to 90 Days | 5.3 | 5.3 |
| 6 | 91 to 179 Days | 5.3 | 5.3 |
| 7 | 180 to 270 Days | 6.8 | 6.8 |
| 8 | 271 Days to 299 Days | 7.05 | 7.05 |
| 9 | 300 Days | 7.05 | 7.85 |
| 10 | 301 Days to < 1 Year | 7.05 | 7.05 |
| 11 | 1 Year | 7.55 | 7.55 |
| 12 | > 1 Year to 399 days | 7.6 | 7.6 |
| 13 | 400 Days | 8.05 | 8.05 |
| 14 | 401 Days to 2 Years | 7.6 | 7.6 |
| 15 | > 2 years to 3 years | 7.8 | 7.8 |
| 16 | > 3 years to 1203 days | 7.3 | 7.3 |
| 17 | 1204 days** | 7.3 | 7.2 |
| 18 | 1205 days to 5 years | 7.3 | 7.3 |
| 19 | > 5 years to 1894 days | 7.3 | 7.3 |
| 20 | 1895 days** | 7.3 | 7.15 |
| 21 | 1896 days to 10 years | 7.3 | 7.3 |
*Senior Citizen-Age 60 Year and upto **The additional rate of interest applicable on domestic deposits accepted from senior citizens is not applicable for NRO deposits.
**Two buckets of 1204 days & 1895 days have been specifically identified under the PNB Palaash scheme, to commemorate our Banks’s foundation day, i.e. 12th of April, 1895.
According to the website, the bank has reduced 10 basis points (bps) on 1204 days and 15 bps on 1895 days.
