NEWS & ADVICE : FIXED DEPOSITS
Punjab National Bank customers to earn more on NRE deposits
By Neelima Shankar
Dec 27, 2011
Print    Email    RSS   

Punjab National Bank, a leading public sector lender has announced an increase in the NRE term deposit rates. The deregulation of the NRE deposit rates from RBI has led the banks to increase the deposit rates substantially.

The bank has increased the deposit rate for a period of one-to-five years to 9.25 percent. The hike is applicable from January 1, 2012.

A lot of the leading lenders like HDFC Bank, YES Bank, Federal Bank, Dhanlaxmi Bank and several others have already hiked the rates.

 

 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Recurring deposit facility by IDBI Bank
Investment options to Save Tax under...
The new avatar of savings account would...
Know about corporate fixed deposits
Planning to invest in a bank FD? Think again


NANGAL: CaℒL Giℛℒ In Una 09855660911 Escoℛt...
Chandigarh@CaℒL Giℛℒ In Rajpura +O9855660911...
If I invest 100000 rupees deposit for 2 year , how...

NEWS THIS WEEK
Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive