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The cut in lending rate based on MCLR will apply on loans of various tenors, says Punjab National Bank (PNB).The one-year tenor loans, against which most of the consumer loans are benchmarked, has

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PNB Overview. Punjab National Bank or commonly abbreviated as PNB is the third largest bank in India that had beginnings from 1895. It is also the second largest government-owned bank and as at 2013 had 5937 domestic bank ranches and over 72 million customers.

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All banks are providing Fixed Deposits to customers and pays approximate 6.5% to 8% per annum. They also pay for less number of periods also but the rate is lower for short term deposits. We have listed latest FD rates of Punjab National Bank below

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2020/02/26 · Fixed Deposit Interest Rates: Big banks like State Bank of India (), HDFC Bank, ICICI Bank and Punjab National Bank provide an option to open a fixed deposit account.The current interest rates

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Flexible tenure: Punjab National bank allows a flexible period for loan repayment ranging from 1 to 5years. Easy documentation; Transfer of loan balance: -You can enjoy lower EMIs by transferring your existing business loan to Punjab National Bank business loan and save on your interest payments.

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2019/11/12 · Punjab national bank is providing car loans to the customers at lower interest rates compared to other private and government banks in India. The process of getting approval is quite easy, and you only need to have a good credit history and relationship with Punjab national bank to get your car loan approved at ease.

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In line with falling lending rates, banks revise interest rates on fixed deposits. In February, State Bank of India, Axis Bank and Punjab National Bank have reduced interest rates in fixed deposits below Rs 2 crore. India’s largest lender SBI has cut FD rates by up to 30 basis points, while Axis Bank reduced interest rates by up to 15 bps.

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Punjab National Bank (PNB or the Bank) is a public sector bank. The Bank provides various banking services, such as digital banking, personal banking, social banking, micro, small and medium enterprises (MSME) banking, agricultural banking, corporate banking, international banking or non-resident Indian (NRI), and financial services.
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