PNB To Slash Savings Account Interest Rates On Next Week: Details Inside
[ad_1]
Read More/Less
Punjab National Bank Savings Accounts
Punjab National Bank offers the following Saving Deposit (General) Accounts to serve all sorts of customers and their basic personal financial needs.
- PNB Unnati Saving Fund Account
- PNB Saving Account Product For Premium Customers
- PNB Saving Fund Prudent Sweep Deposit Scheme For Individuals
- PNB Saving Fund Prudent Sweep For The Accounts of Institutions
- PNB Junior Saving Fund Account
- Basic Saving Bank Deposit Account (BSBDA)
- PNB Rakshak Scheme
- Scheme For Providing Overdraft Facility To Pensioners
- PNB Power Savings
- PNB Samman Savings Account
- PNB MySalary Account
- Premium Saving Account PNB Best Customer
- PNB Pratham Saving Account
- PNB ‘Select’ Saving Account
PNB Savings Account Interest Rates
On Domestic & NRI Saving Accounts, PNB would provide the following interest rates from 1st December 2021.
| Deposit Balance | Rate Of Interest |
|---|---|
| Saving Fund Account Balance below Rs. 10 Lakh | 2.80% p.a. |
| Saving Fund Account Balance of Rs. 10 Lakh & above | 2.85% p.a. |
| Source: Bank Website |
PNB Minimum Quarterly Average Balance Requirement
For a savings account, PNB currently allows the following minimum Quarterly Average Balance (QAB).
| Area | Min. QAB | Initial Deposit |
|---|---|---|
| Rural | Rs. 500/- | Rs. 500/- |
| Semi-Urban | Rs. 1000/- | Rs. 1000/- |
| Urban & Metro | Rs. 2000/- | Rs. 2000/- |
| Source: Bank Website |
PNB Savings Account Maintenance Charges
For failing to maintain a minimum balance in a savings account, PNB is currently levying the following charges.
| Charges per Qtr. for Not Maintaining Minimum Balance | |||
|---|---|---|---|
| Shortfall In Quarterly Average Balance (QAB) | Rural | Semi-Urban | Urban/ Metro |
| Up To 50% | Rs. 50/- | Rs. 100/- | Rs. 150/- |
| Above 50% | Rs. 100/- | Rs. 150/- | Rs. 250/- |
| Source: Bank Website |
[ad_2]