What is the interest rate in PNB?

FD Interest Rate in PNB 2021

Time Duration FD Interest Rates Today Current FD Interest Rates for Senior Citizen
91 days to 179 days 3.80% 4.30%
180 days to 270 days 4.40% 4.90%
271 days to 364 days 4.50% 5.00%
1 year 5.00% 5.50%

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In this manner, how do I calculate interest?

You figure simple interest on the principal, which is the amount of money borrowed or on deposit using a basic formula: Principal x Rate x Time (Interest = p x r x t).

Herein, how many years FD will double in PNB? The Punjab National Bank has been catering to the customer’s financial need for over 120 years, provides a new deposit product called the PNB Dugna Fixed Deposit Scheme. The fixed deposit will double you money in 109 months with the interest being compounded quarterly.

Furthermore, what is the interest of 1 lakh in HDFC Bank?

HDFC Bank Fixed Deposit Interest Calculator

Tenure Rates Maturity Amount for ₹ 1 Lakh
181 days to 364 days 4.40% to 4.90% ₹ 1,02,194 – ₹ 1,04,977
1 year 4.90% to 5.40% ₹ 1,04,991 – ₹ 1,05,510
1 year 1 day to 2 years 4.90% to 5.40% ₹ 1,05,005 – ₹ 1,11,324
2 years 1 day to 3 years 5.15% to 5.65% ₹ 1,10,792 – ₹ 1,18,331

What is the interest of 1 lakh in PNB?

PNB FDs have tenures ranging from 3 years 1 day to 10 years with maximum rate of interest of

Tenure Rates Maturity Amount for ₹ 1 Lakh
180 days to 270 days 4.40% to 4.90% ₹ 1,02,181 – ₹ 1,03,668

What is the interest of 1 lakh in SBI?

SBI Fixed Deposit Interest Calculator

Tenure Rates Maturity Amount for ₹ 1 Lakh
211 days to 364 days 4.40% to 4.90% ₹ 1,02,562 – ₹ 1,04,977
2 years to 2 years 364 days 5.10% to 5.60% ₹ 1,10,667 – ₹ 1,18,137
3 years to 4 years 364 days 5.30% to 5.80% ₹ 1,17,111 – ₹ 1,33,344
5 years to 10 years 5.40% to 6.20% ₹ 1,30,760 – ₹ 1,85,011

What is the interest of 50000 in PNB bank?

Punjab National Bank Fixed Deposit Returns Based on Investment Amount

Investment Amount For 3 years with interest of 5.25% For 5 years with interest of 5.25%
₹ 50,000 ₹64972 ₹64972
₹ 1 lakh ₹129943 ₹129943
₹ 2 lakh ₹259886 ₹259886
₹ 5 lakh ₹649716 ₹649716

What is the interest rate for saving account in PNB?

Revision of Interest Rates on PNB Savings Bank Deposits

Particulars Rate of Interest
Saving Deposits Balance below Rs.10 lakh 2.80% p.a.
Saving Deposits Balance above Rs.10 lakh 2.85% p.a.

What is the interest rate on savings account?

Latest Savings Account Interest Rates from Top Banks

Bank Name Interest Rate
HDFC Bank Savings Account 3.50% – RBI’s Repo Rate plus 2 basis points
ICICI Bank Savings Account 3.5% – 4.00%
Axis Bank Savings Account 3.50% p.a. – RBI’s Repo Rate plus 0.85%
Kotak Mahindra Bank Savings Account 4.00% – 6.00% p.a.

Which bank gives highest interest on FD 2021?

Axis Bank offers the highest FD interest rate of 5.75% p.a. which is for a tenure of 5 years and above for the general public. For senior citizens, the interest rate is up to 6.50%. The second highest interest rate is 5.50% p.a. which is offered by ICICI Bank and HDFC Bank for a tenure of 5 years and above.

Which bank is best for fixed deposit for 1 year?

FD Interest Rates with a 1-year Tenure

Top 10 1-year FDs for 2021
Bank Regular FD Rates (per annum) Senior Citizen FD Rates (per annum)
LIC Housing Finance Limited 5.50% 5.75%
Fincare Small Finance Bank 6.00% 6.50%
Punjab and Sind Bank 5.15% 5.65%

Which bank is best for fixed deposit in 2021?

Fixed Deposit Interest Rates

Bank name Tenure Interest rate (%) per annum
IDFC Bank 91 days to 180 days 6.75
Kotak Mahindra Bank 181 to 363 days 6.5
SBI 180 to 210 days 6.35
Axis Bank 6 months to 8 months 29 days 6.25

Which bank is best for savings account?

Top Banks that have the Best Savings Account for Individuals

  • State Bank of India (SBI) Savings Account.
  • HDFC Bank Savings Account.
  • Kotak Mahindra Bank Savings Account.
  • DBS Bank Savings Account.
  • RBL Bank Savings Account.
  • IndusInd Bank Savings Account.

Which FD has highest interest rate?

ICICI Bank Fixed Deposit Interest Rates

Period Interest Rate (Per annum)
15 days to 29 days 2.50%
30 days to 45 days 3.00%
46 days to 60 days 3.00%
61 days to 90 days 3.00%

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