PNB hikes FD rates again; increases fixed deposit interest rate by 80 bps on this tenure

Punjab National Bank raised FD interest rates for the second time in a month. This time, the bank increased rates by 80 basis points (bps) on a single tenure. The new rates are effective from January 8, 2024. Earlier, on January 1, the bank has hiked up to 45 basis points (bps) on certain tenures and has reduced on some

Bank of Baroda hikes FD interest rates on various tenors by up to 125 bps: Check details

On which tenure has the bank hiked by 80 bps?

The bank has hiked 80 bps on tenure of 300 days from 6.25% to 7.05% for general citizens, 7.55% for senior citizens, and 7.85% to super senior citizens

Latest Punjab National Bank FD rates

After revision, the bank offers 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 interest rates for general citizens

Period	Existing Rates For Public W.E.F. 01.01.2024	Revised Rates For Public W.E.F. 08.01.2024
7 to 14 Days	3.5	3.5
15 to 29 Days	3.5	3.5
30 to 45 Days	3.5	3.5
46 to 60 Days	4.5	4.5
61 to 90 Days	4.5	4.5
91 to 179 Days	4.5	4.5
180 to 270 Days	6	6
271 Days to 299 Days	6.25	6.25
300 Days	6.25	7.05
301 Days to < 1 Year	6.25	6.25
1 Year	6.75	6.75
>1 Year to 399 days	6.8	6.8
400 Days	7.25	7.25
401 Days to 2 Years	6.8	6.8
above 2 years & upto 3 years	7	7
above 3 years & upto 5 years	6.5	6.5
above 5 years & upto 10 years	6.5	6.5

PNB FD interest rates for senior citizens

Period	*Existing Rates For Senior Citizens W.E.F. 01.01.2024	*Revised Rates For Senior Citizens W.E.F. 08.01.2024
7 to 14 Days	4	4
15 to 29 Days	4	4
30 to 45 Days	4	4
46 to 60 Days	5	5
61 to 90 Days	5	5
91 to 179 Days	5	5
180 to 270 Days	6.5	6.5
271 Days to 299 Days	6.75	6.75
300 Days	6.75	7.55
301 Days to < 1 Year	6.75	6.75
1 Year	7.25	7.25
>1 Year to 399 days	7.3	7.3
400 Days	7.75	7.75
401 Days to 2 Years	7.3	7.3
above 2 years & upto 3 years	7.5	7.5
above 3 years & upto 5 years	7	7
above 5 years & upto 10 years	7.3	7.3

PNB FD interest rates for super senior citizens

Period	#Existing Rates For Super Senior Citizens W.E.F. 01.01.2024	#Revised Rates For Super Senior Citizens W.E.F. 08.01.2024
7 to 14 Days	4.3	4.3
15 to 29 Days	4.3	4.3
30 to 45 Days	4.3	4.3
46 to 60 Days	5.3	5.3
61 to 90 Days	5.3	5.3
91 to 179 Days	5.3	5.3
180 to 270 Days	6.8	6.8
271 Days to 299 Days	7.05	7.05
300 Days	7.05	7.85
301 Days to < 1 Year	7.05	7.05
1 Year	7.55	7.55
>1 Year to 399 days	7.6	7.6
400 Days	8.05	8.05
401 Days to 2 Years	7.6	7.6
above 2 years & upto 3 years	7.8	7.8
above 3 years & upto 5 years	7.3	7.3
above 5 years & upto 10 years	7.3	7.3