Punjab National Bank Revises Domestic & NRI Saving Account Interest Rates

The public sector lender Punjab National Bank has revised its interest rates on Domestic & NRI Saving Accounts. According to the official website of the bank, the new rates are effective as of 1st January 2022. Customers will now receive an interest rate of 2.80 percent p.a. on account balances of less than Rs. 10 lakh, 2.85 percent p.a. on account balances of Rs.10 lakh and above to less than Rs.500 crore, and 3.25 percent p.a. on account balances of Rs.500 crore and above, following the most recent revision.

Punjab National Bank Savings Account Interest Rates 2022

Punjab National Bank's current Domestic and NRI Savings Account Interest Rates are listed below (W.E.F. 1st January 2022).

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 to below Rs.500 Crore	2.85% p.a.
Saving Fund Account Balance of Rs.500 Crore & above	3.25% p.a.
Source: Bank Website

Customers can choose from a variety of savings account products at the bank. PNB offers savings account schemes that meet a wide range of financial and banking requirements of its customers such as PNB Unnati Savings Account, PNB Saving Account Product For Premium Customers, PNB SF Prudent Sweep Deposit Scheme For Individuals, PNB SF Prudent Sweep For The Accounts Of Institutions, PNB Junior Sf 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, and PNB 'Select' Saving Account.

PNB, on the other hand, has recently launched a 'New Year Bonanza' offer for its customers. The bank announced on its Twitter account that "It's a Happy New Year with New Year Bonanza. Apply for loans at exciting rates and start your year with a bash!." Under the 'New Year Bonanza' offer, the bank is promising an interest rate of 6.50% on home loans, 6.65% on car loans, and 8.90% on personal loans. Customers can give a missed call at 1800-180-8888 to know more about the loan products of the bank.