Punjab National Bank Offers Lower Interest On Fixed Deposits This Month. Check Rates Here

State-run Punjab National Bank (PNB) has revised its fixed deposit (FD) interest rates with effect from November 1, 2019. PNB has lowered the interest rates by up to 20 basis points or 0.20 percentage point in select maturities, according to the public sector lender's website - pnbindia.in. After the revision, the lender provides interest rates to the tune of 4.5-6.4 per cent to the general public on fixed deposits (FDs) up to Rs 2 crore, over maturity periods ranging from seven days to 10 years.

Here are the interest rates offered by Punjab National Bank (PNB) on FDs up to Rs 2 crore with effect from November 1:

(Source: pnbindia.in)

Fixed deposit interest rates are subject to change from time to time. On November 10, the country's largest lender State Bank of India (SBI) revised its FD interest rates across select maturities citing adequate liquidity in the system.