How Can I Check My FD Status in PNB Online
Talking about the month of February, the Monetary Policy Committee (MPC) of RBI has increased the repo rate. After this the repo rate has reached 6.5 percent. If seen after the increase in the repo rate, the loan rate has increased. Along with this, the interest rates of FD have increased. On the other hand, on Monday, the country's largest bank, Punjab National Bank (PNB) has increased the fixed deposit rates for select maturity periods.
PNB has seen an increase of up to 0.30 percent in interest rates for at least Rs 2 crore. It is expected to be effective from 20 February 2023. The Bank has taken into account '271 days and above but less than 1 year', '1 year', '1 year to 665 days', '667 days to 2 years' and 'More than 2 years to 3 years'. The FD rate has been increased for the maturity period of Rs.
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Loan rates have already increased
With the increase in the PNB repo rate, the rate has been increased by up to 0.25 percent. If seen from PNB's side, the Repo Based Interest Rate (RLLR) has increased by 0.25 percent. With this, this rate has reached 9.0 percent after increasing from 8.75 percent. The new rates are going to be effective from 9 February 2023.
DCB Bank has also changed
DCB Bank has changed its interest rates regarding retail FDs on 16 February 2023. The new FD interest rate for FDs of less than Rs 2 crore in the bank has become like this.