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Punjab National Bank revises interest rates on domestic term deposits

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Capital Market

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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