Consumer News In Hindi: PNB; Panjab National Bank; Saving Account; Punjab National Bank's savings account interest reduced. 50% reduction, new interest rates apply from July 1 | Punjab National Bank's savings account interest reduced. 50% reduction, new interest rates apply from July 1

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  • After this, you will get a maximum interest of 3.25% per annum on the bank's savings account.
  • 50 lakhs in savings account 3% on the balance of up to 3% and 3.25% on the balance above 50 lakhs

Daily newspaper

Jul 01, 2020, 09:58 AM IST

new Delhi. Punjab National Bank (PNB) has cut interest rate on savings account by 0.50 percent. This cut has come into effect from July 1. After this, a maximum interest of 3.25 per cent will be earned on the bank's savings account. PNB's savings account will get interest at 3% per annum for balances up to Rs 50 lakh and 3.25 per cent per annum for interest above Rs 50 lakh.

Which bank is paying how much interest on the savings account?

Bank

Rate of interest (%)
Allahabad Bank3.50
Bank of india3.25- 3.50
Bank of baroda3.00- 3.25
axis Bank3.50 – 4.00
IDBI Bank3.50 – 4.00
HDFC bank3.25- 3.75
ICICI Bank3- 3.50
Punjab National Bank3- 3.25
Bandhan Bank4.00 – 7.15
Yes Bank4- 6
IndusInd Bank4- 6
SBI2.70

How much interest is Punjab National Bank paying on FD?

  • 5.10% for less than 1 to 2 years
  • 5.10% for less than 2 to 3 years
  • 5.30% for less than 3 to 5 years
  • 5.40% on 5-year FD
  • 5.40% for 5 to 10 years

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