In a time deposit account, the interest rate ranges from 6.9% to 7.5% for a period of 1 to 5 years. - After SBI And Kotak Mahindra, PNB Raises Interest Rates On Fixed Deposits, Details Inside
The bank has also introduced a specific tenure scheme of 400 days where it is offering a rate of interest of 7.10 per cent with effect from 15 February 2023, valid till 31 March 2023. Senior citizens are the biggest beneficiary as they earn an additional premium on the normal rates. aaa