Punjab National Bank revises interest rates on domestic term deposits

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Capital Market
Last Updated : Jun 03 2015 | 4:03 PM IST

With effect from 08 June 2015

Punjab National Bank has decided to revise interest rates on Domestic Term deposits w.e.f. 08 June 2015.

Revised interest rates are as under -

Domestic Term Deposits less than Rs 1 crore

In the maturity bucket of 91-179 days, from 7% to 6.75%
In the maturity bucket of 1-5 years, from 8.50% to 8.25%
In the maturity bucket of >5-10 years, from 8.25% to 8%

Domestic Term Deposits of Rs 1 crore to Rs 10 crore

In the maturity bucket of 91-179 days, from 7.25% to 7%
In the maturity bucket of 271 days - 1 year, from 8.25% to 8%
In the maturity bucket of 1 year-2 year, from 8.50% to 8.25%
In the maturity bucket of >2 year - 5 year, from 8.25% to 8%.

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First Published: Jun 03 2015 | 3:01 PM IST

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