Punjab Nationwide Financial Institution Increases Mounted Deposit Rates of Interest - Exclusive News
Almost all banks are offering increased interest rates as a Diwali gift to their customers, so how can Punjab National Financial Institution be left behind!
If you are banking with Punjab National Financial Institution, you may be happy to know that it has increased its mounted deposit rates of interest for deposits below Rs 2 crore, effective from 19 October 2022. can be
Can you have a set deposit within a financial institution? If not, do one as soon as possible as the financial institution is advising on the following treatments: Senior residents who fall between the age bracket of 60 years to 80 years.
Punjab Nationwide Financial Institution Mounted Deposit Curiosity Charge
length
normal Current (% pa) for 19.08.22
normal (% pa) Revised for 19.10.22
Current for Senior Residents (% pa) 13.09.22
Revised for Senior Residents (% pa) 19.10.22
Current (% pa) for Senior Senior Citizens 13.09.22
Strong Senior Citizen (% pa) revised for 19.10.22
7 to 14 days
3.00
3.50
3.50
4.00
3.80
4.30
15 to 29 days
3.00
3.50
3.50
4.00
3.80
4.30
30 to 45 days
3.00
3.50
3.50
4.00
3.80
4.30
46 to 90 days
3.25
3.75
3.75
4.25
4.05
4.55
91 to 179 days
4.00
4.50
4.50
5.00
4.80
5.30
180 to 270 days
4.50
5.00
5.00
5.50
5.30
5.80
Up to 271 days
4.50
5.00
5.00
5.50
5.30
5.80
1 12 months
5.50
5.70
6.00
6.20
6.30
6.50
> 1 12 months to 404 days
5.50
5.70
6.00
6.20
6.30
6.50
405 days
6.10
6.10
6.60
6.60
6.90
6.90
406 days 599 days
5.50
5.70
6.00
6.20
6.30
6.50
600 days
,
6.50
,
7.00
,
7.30
601 days – 2 years
5.50
5.70
6.00
6.20
6.30
6.50
> 2-3 years
5.60
5.80
6.10
6.30
6.40
6.60
> 3-5 years
5.75
5.80
6.25
6.30
6.55
6.60
> 5-10 years
5.65
5.85
6.45
6.65
6.45
6.65
Senior residents fall between the age range of 60 years to 80 years.
Strong senior residents are people over 80 years of age.
conclusion
So what are you ready for? Jump into your finance guide and find a solution to make a set deposit with Punjab Nationwide Financial Institution to get a style of those high interest rates.
Also, share this text with people who are banking with PNB.
Also learn:
SBI hikes interest rates for FDs: Senior residents benefit the most
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