PNB introduces two tier interest rates structure on
Savings Fund deposit scheme from August 19

Thesynergyonline Banking Bureau

NEW DELHI, AUGUST 17:
State-owned Punjab National Bank (PNB) has decided to introduce a two tier interest rates structure on Savings Fund deposit scheme from August 19, 2017 as under:

The rate of interest on Savings Fund Account Balance up to Rs 50 lakh is 3.50 per cent per annum and the rate of interest on Savings Fund Account Balance of above Rs 50 lakh is 4.00 per cent per annum.