Punjab National Bank has revised the rate of interest on FCNR (B) deposits with effect from December 1, 2014. As per the revision, the bank will offer 1.60% for US dollar on deposits for one year and above but less than two years; 1.96% on two years and above but less than three years; 2.86% for three years and above but less than four years; 3.18% for four years and above but less than five years; and 3.42% for five years.
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