PNB hikes FD interest rates by up to 30 basis points; check latest rates

Additionally, for FDs maturing between two and three years, the interest rates have been increased by 25 bps to 7% from 6.75%

Punjab National Bank (PNB) has increased interest rates of select fixed deposits (FDs) tenures by up to 30 basis points (bps). The new interest rates will come into effect from February 20, 2023. The new interest rates will be applicable for fixed deposits of less than Rs 2 crore.

PNB fixed deposit interest rates

The interest rate hike ranges between 5 and 30 bps. For deposits maturing between 271 days and less than 1 year, the bank has increased the interest rate by 30 bps to 5.80 per cent for regular citizens. Earlier, it was at