Punjab National Bank revises interest rates on single domestic term deposits

With effect from 10 October 2014

Punjab National Bank has announced revision of interest rates of single domestic term deposit of Rs 1 crore to Rs 10 crore as under :

For maturity period
7 days to 14 days - from 4% to 6%
15 days to 29 days - from 4.50% to 6%
30 days to 45 days - from 6.50% to 6.25%
46 days to 90 days - from 7.25% to 7%
271 days to less than 1 year - from 8.75% to 8.50%

The change shall be effective from 10 October 2014

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