Punjab National Bank :- Interest Rate on Deposit w.e.f. 16.08.12

Saving Account Interest Rates :    4.0 % p.a. (w.e.f. 3rd May 2011)

Domestic Term Deposit Interest Rates (% p.a.)

Sl. No  Period ROI (% p.a.)w.e.f 16.08.2012 A.Y.*  ROI (% p.a.) w.e.f 16.08.2012 A.Y.*  NRE Term Deposit w.e.f 16.08.2012     Less than Rs. 1 Cr.  Rs. 1 Cr. To Rs. 10 Cr. #    ROI % p.a. 1 7 to 14 days 4.00 4.00 4.00 4.00 NA 2 15 to 45 days 4.50 4.50 4.50 4.50 NA 3 46 to 90 Days 5.50 5.50  7.00 7.00 NA 4 91 to 179 days 6.75 6.75 8.00 8.00 NA 5 180 days to 270 Days 7.50 7.57 8.25 8.34 NA 6 271 days to less than 1 year 7.50 7.64 8.50 8.68 NA  7 1 Year Only  9.00 9.31  9.00 9.31  9.00  8 >1 year to 5 year ( Except 400 and 1111 days) 8.75 9.04 8.75 9.04    8.75 9  400 days 9.00 9.35 9.00 9.35 9.00  10  1111 Days 9.00 10.22 9.00 10.22 8.75 11 >5 years to 10 years 8.50 10.46 8.50 10.46 8.50

*Approximate Annualized Yield in % terms at the beginning of the slab.

The rates of interest on Domestic Term Deposit of Senior Citizens will be 0.50% higher on all maturities (except Rs. 1 Crore to 10 Crores) as hitherto.

These revised interest rates will be applicable to the fresh deposits and renewal of existing Term deposits.

These interest rates would also apply to term deposit accounts opened under Capital Gains Account Scheme, 1988 (OPERATIVE IN ALL BRANCHES EXCEPT RURAL OFFICES).