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July 18th, 2016, 02:31 PM
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Join Date: Mar 2012
Re: Punjab National Bank NRE FD Rates

As you asking for Punjab National Bank Fixed Deposit (FD) then for it I would like to say for NRE deposits less than Rs 1 crore, with the tenures 1 year up to 2 years the rate of interest is 7.50%. NRE term deposits of Rs 1 crore to Rs 10 crore have interest rate at 7%.

In case of the term deposit less than Rs 1 crore for tenure above 2 years and up to 5 years, the interest rates are 7.25% (regular deposits) and 7.75% (senior citizens deposits).

NRE deposits of less than Rs 1 crore, with tenure above 2 years and up to 5 years have interest rates at 7.25%. 6.75% interest rate is applicable to NRE term deposits of Rs 1 crore to Rs 110 crore.

Bank profile

Type Public

Traded as BSE: 532461

NSE: PNB

CNX Nifty Constituent

Industry Banking, Financial services

Founded 19 May 1894; 122 years ago

Founder Lala Lajpat Rai

Headquarters New Delhi

Key people Usha Ananthasubramanian (MD & CEO)

Products Credit cards, consumer banking, corporate banking, finance and
insurance, investment banking, mortgage loans, private banking, private equity,
wealth management

Revenue 47,400 crore (US$7.0 billion)(2013)

Net income 4,748 crore (US$710 million) (2013)

Total assets $96.3 billion (2015)[5]


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