- News>
- Finance & Markets
PNB revises interest on FCNR(B) deposits
New Delhi, June 19: Punjab National Bank has revised the interest rate on the foreign currency non-resident bank, FCNR(B) deposits denominated in dollar, pound and euro.
New Delhi, June 19: Punjab National Bank has revised the interest rate on the foreign currency non-resident bank, FCNR(B) deposits denominated in dollar, pound and euro.
As per the revised rate, effective from tomorrow, the interest would be 0.77 per cent on dollar deposits put for 1-2 years, 0.98 per cent for 2-3 years and 1.36 per cent for three years, a bank statement said here today.
On the pound denominated deposits, the interest would be 3.27 per cent for 1-2 years, 3.19 per cent for 2-3 years and 3.29 per cent for three years, it said.
The interest rate on euro deposits would be 1.69 per cent for maturity of 1-2 years, 1.89 per cent for 2-3 years and 1.97 per cent for three years, the bank said.
Bureau Report