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Punjab National Bank revises interest rates on Rupee Term Deposits

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Capital Market

With effect from 23 April 2015

Punjab National Bank has decided to revise interest rates on Rupee term deposits with effect from 23 April 2015 as follows -

Domestic term deposit of less than Rs 1 crore:

Tenure 1-5 years, from 8.75% to 8.50%
Tenure >5-10 years, from 8.50% to 8.25%.

Domestic term deposit of Rs 1 crore to Rs 10 crore:

Tenure 91-179 days, from 7.50% to 7.25%
Tenure of 1 year, from 8.75% to 8.50%
Tenure of >2-5 years, from 8.50% to 8.25%
Tenure of >5-10 years, from 8.50% to 8.00%.

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First Published: Apr 17 2015 | 11:00 AM IST

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