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Pnb Interest Rates

.Rates of interest are subject to change at the sole discretion of PNB Housing. PNB Housing offers floating rate of interest, linked to its benchmark rate PNBHFR: PNBHFR for existing customers (loan disbursed) before 1 st March 2017: 14.57% p.a. Punjab National Bank’s savings account offers interest rates starting at 3.00% p.a. The interest rate also goes up to 5.25% p.a. Resident individuals, HUFs, clubs, societies, etc., can open this account. The minimum deposit amount starts from Rs. 500 and some accounts require you to maintain.

FD interest rates Punjab National Bank (below Rs 2 crore) effective January 1, 2021:On fixed deposits maturing in the range of 7 days to 10 years, PNB is offering an interest rate ranging between. FD interest rates in IDFC First Bank range from 2.75%p.a. For deposits with a tenure of 7 days to ten years.State Bank of India (SBI), Axis Bank and PNB revised the interest rates on.

Bank Name
Floating Interest rate
Per lac EMI
Benchmark Rates onProcessing FeePrepayment Charges% Change in last 6 mths
SBI - State Bank Of India6.70% - 6.75%Rs.757 - Rs.7608.15%0.35% of loan amount + GST, Nil for Govt. EmployeesNil
1.52%
ICICI Bank6.70% - 7.90%Rs.757 - Rs.8308.75%Flat Rs 3000 /- + ATN.A
1.44%
HDFC Ltd6.70%Rs.757 - Rs.016.20%Up to 1.25% of the loan amount or ₹ 3,000 whichever is higher, plus applicable taxesNil
1.98%
LIC Housing6.90% - 7.00%Rs.769 - Rs.77514.60%NIL upto 50 Lakh, 50% waiver on loan above 50 lakh to 5 CrNilNo Change
Bank of Baroda7.25% - 8.25%Rs.790 - Rs.8528.75%Upto 0.5 % of loan amount + GSTN.A.No Change
AXIS Bank7.75% - 8.40%Rs.821 - Rs.8628.8%Up to 1% of the Loan amount subject to minimum of Rs.10,000/-Nil
0.9%
PNB Housing Finance7.35% - 9.05%Rs.796 - Rs.9030.50% Or 10,000 + GST , whichever is higher.NILNo Change
IDBI7.80% - 8.80%Rs.824 - Rs.8878.7%NILNil
0.97%
Union Bank of India6.70% - 7.10%Rs.757 - Rs.7818.65%0.50% of loan amount subject to a maximum of 15000 + GSTNIL
2.5%
Bank of India6.85% - 7.75%Rs.766 - Rs.8218.55%0.25% of loan amount Min.Rs.1,000/- and Max. Rs.20,000/-Nil
2.45%
Piramal Housing Finance9.50%Rs. 932N.A0.10% - 0.25% (GST)N.A
DHFL9.75%Rs.94919.07% RPLRUpto Rs. 20,000 + document charges + GSTNil
2.46%
Indiabulls Housing Finance Limited8.99% onwardsRs.880 - Rs.10299.50%0.50% to 1.00% + GSTNIL
2.46%
Corporation Bank6.70% - 7.10%Rs.757 - Rs.7818.65%NILNILNo Change
L&T Housing Finance8.35%Rs.8580.25% plus taxes (for salaried & for self employed)NIL
United Bank of India7.00% - 7.60%Rs.775 - Rs.8128.80%0.59%, Minimum Rs.1180/-; Maximum Rs.11800/-N.A
Tata capital Housing Finance ltd9.25% onwardsRs.916 onwardsUpto 0.5% of loan amount + GSTN.AN.A
HSBC Bank8.55% - 8.65%Rs.871 - Rs.8778.15%N.ANilN.A
Standard Chartered9.21% onwardsRs.913 onwards8.95%Rs.10000 + GSTNIL
1.55%
Federal Bank7.35% - 7.70%Rs.796 - Rs.8188.9%Upto Rs.7500 + GSTN.ANo Change
Allahabad Bank7.15% - 7.50%Rs.784 - Rs.8068.45%N.ANIL
2.92%
Central Bank of India6.85% - 7.30%Rs.766 - Rs.7938.50%0.50% of the Loan Amount subject to maximum Rs.20,000/-Nil
2.38%
UCO Bank7.15% - 7.25%Rs.784 - Rs.7908.55%0.5% of the loan amount, minimum Rs.1500/- & maximum Rs. 15000/-NIL
2.45%
Canara Bank6.90% - 8.90%Rs.769 - Rs.8938.60%0.50% of loan amount + GST
1.96%
Kotak Bank8.65% - 9.15%Rs.877 - Rs.9098.95%Upto 1.25% of Loan amountNil
4.65%
Syndicate Bank6.90% - 8.90%Rs.769 - Rs.8938.65%N.AN.A
2.43%
Citibank8.50% onwardsRs.868 onwards8.45%Rs. 5000 (Application fee)NILNo Change
Oriental Bank of Commerce7.00% - 7.60%Rs.775 - Rs.8128.65%0.50% of the loan amount, subject to maximum of Rs.20000/- plus GSTNILNo Change
Indian Overseas Bank7.45% - 7.70%Rs.803 - Rs.8188.50%0.50 % (max. Rs.25,000/-)N.A
1.95%
Indian Bank7.15% - 7.50%Rs.784 - Rs.8068.60%0.230% on loan amount + GST or Max Rs.20470/-Nil
2.92%
Punjab National Bank7.00% - 7.60%Rs.775 - Rs.8128.45%0.50% of loan + GSTNIL
2.43%
Bank of Maharastra7.15% - 8.45%Rs.784 - Rs.8658.75%As per applicableNilNo Change
GIC Housing Finance9.10% - 12.50%Rs.906 - Rs.1136Rs.2500 + GSTN.A
India Infoline Housing Finance Ltd.9.00%Rs.900Upto 1% of loan amount + GSTN.A
Karnataka Bank8.59% - 9.14%Rs.874 - Rs.9098.95%N.AN.A
Reliance Home Finance Private Ltd.8.35%Rs.85818.40% PLRUp to 2% + GSTN.A
Repco Home Finance Ltd.9.25%Rs.9168.75%1% of loan amount + GSTN.A

A Savings Account is very beneficial with multiple advantages as detailed below:

(1) Earns Interest on your Savings

This is the first and foremost benefit of opening a savings account. It starts earning interest on your money as soon as it is deposited. The interest rate is decided solely by the bank and changes from time to time. Regular interest depends upon the balance of the savings account.

Interest rate in savings account ranges from 3.5% to 7%.

(2) Provides Security of Funds

There is no risk involved in your savings account. It is considered as one of the safest investment alternatives. It even offers you the opportunity to put your money into another investment whenever the time comes.

Pnb interest rates on savings account

(3) No Lock-in Period

There is no lock-in period under savings account which means that you can withdraw your deposits anytime you need. There is no need to keep your money in this account for any specific period. You have full flexibility in withdrawal of amount from it.

(4) Offers Liquidity

You can withdraw the amount anytime 24X7 with the use of ATM card or debit card from your account during any emergency even when the bank is closed. In fact, being able to access your money when you need it, is one of the biggest benefit of having a savings account.

(5) Availability of Variety of Savings Account

Many banks offer comprehensive range of savings accounts from regular to premium suiting to your personal banking needs. There are different types of savings accounts offered by various banks that differ based on the interest rates and duration of time commitments. You can choose any of them which suits your financial objectives and requirements.

(6) Services of Customer Relation Manager

Now-a-days many of the banks engage a Customer Relation Manager (CRM) who will help not only solve your queries but also assist you in tax saving, investment, mutual fund schemes, insurance, bank procedures, etc. You need to just call your CRM and he/ she will assist you solve your problem.

(7) Online Banking Facilities

If you maintain a savings account, you can make many transactions online also such as payment of bills, fund transfers using RTGS/ NEFT or IMPS, etc. This will save your time and efforts.

(8) Provides ATM/ Debit Card

Pnb Interest Rates On Loans

You will be offered a debit or ATM card with a nominal charge or without any charges, as offered by your bank. With the help of this card, you can withdraw the funds, make transactions in shops, make payments of bills, etc.

(9) Helps you Get Credit or Loan

The relation you maintain with the bank will help you in getting credits from the bank such as home loan, personal loan. You will also be in a position to negotiate with the banker on the interest rates.

(10) No Cap on Deposits

There is no limit on the amount deposited and number of times it is deposited.

Pnb Interest Rates Home Loan

(11) Facility to link Loan EMIs, Mutual Fund SIPs or RD deductions

Pnb Housing Loan Interest Rate

You get a facility to link your monthly loan EMIs, Mutual Fund SIPs or RD deductions through the savings bank account.

(12) Free Mobile App

Most of the banks provide their mobile app for free. Through this app, you can get to know your account balance, check your statement, make transactions, easy transfer of money, etc.