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  • Fixed Deposit alert: PNB, Kotak Mahindra Bank update rates

Fixed Deposit alert: PNB, Kotak Mahindra Bank update rates

Several banks, including Punjab National Bank and Kotak Mahindra Bank, have revised their fixed deposit interest rates. These revisions affect various deposit tenures.

1 Min read
Ajay Joseph
Published : May 15 2025, 11:50 AM IST
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Fixed Deposit Interest Rate
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Fixed Deposit Interest Rate

Banks revise FD rates. PNB, Kotak Mahindra, and DCB Bank announce changes to interest rates on fixed deposits for various tenures.
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Punjab National Bank
Image Credit : Social Media

Punjab National Bank

PNB revises FD interest rates for retail deposits less than Rs. 3 crore. New rates effective from May 14, 2025.

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Fixed Deposit
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Fixed Deposit

PNB offers FD rates from 3.50% to 7% for general citizens and higher rates for senior citizens and super senior citizens.
44
PNB FD Interest Rate
Image Credit : Social Media

PNB FD Interest Rate

Kotak Mahindra Bank revises FD interest rates for deposits less than Rs. 3 crore, offering different rates for general and senior citizens.

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About the Author

AJ
Ajay Joseph
With over eight years of journalistic experience, Ajay Joseph Raj. P has been a dedicated member of the Asianet Newsable team, where he serves as the Chief Copy Editor. His expertise spans Business, Career, Stock Market, National, International, and viral/trending topics, with a knack for crafting compelling narratives that connect with diverse audiences.Before joining Asianet Newsable, Ajay honed his skills at OneIndia News and Opoyi English, gaining extensive experience in delivering impactful stories across various beats.
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