FAQ's

INTEREST RATE


Savings Account


    * Interest Rates Effective From 17th July 2018 For New & Existing Customers is 0.40% AER .

Fixed Deposits


    Interest Rates Effective From 17th July 2018 .
   These rates are applicable for deposits account up to 1.5 million in respective currency.
Duration Interest rates w.e.f 17th July 2018 GBP Interest rates w.e.f 17th July 2018 USD Interest rates w.e.f 17th July 2018 EUR
  AER AER AER
1 Month to < 3 Months 0.25% 1.20% NA
3 Months to < 6 Months 0.40% 1.45% NA
6 Month to < 1 Years 0.50% 1.50% NA
1 Year to < 2 Years 1.50% 2.25% 0.10%
2 Year to < 3 Years 1.75% 2.50% 0.20%
3 Year to < 4 Years 1.85% 2.50% 0.25%
4 Year to < 5 Years 2.00% 2.50% 0.40%
5 Years 2.00% 2.50% 0.50%

Variable Rate CASH ISA


   Interest rate applicable from 15th March 2018 is 0.50% .


Fixed Rate CASH ISA


    Revised interest rates will be applicable for new ISA deposits opened and existing ISA deposits renewed from 01st July 2019 onwards.
Period of Deposit Existing Interest Rates (applicable upto 30th June 2019) Revised Interest Rates (AER)# w.e.f 01st July 2019
1 yr. to less than 2 yrs. 0.50% 1.20%
2 yrs. to less than 3 yrs. 0.75% 1.40%
3 yrs. to less than 4 yrs. 1.00% 1.50%
4 yrs. to less than 5 yrs. 1.10% 1.60%
5 yrs. 1.25% 1.60%
Punjab National Bank (International) Limited (PNBIL) is a UK incorporated banking subsidiary of Punjab National Bank, India (PNB). PNBIL is Authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. PNBIL is a member of the Financial Ombudsman Service (FOS) and the Financial Services Compensation Scheme (FSCS). PNBIL is authorised for accepting deposits by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Your eligible deposits are protected by the Financial Services Compensation Scheme, the UK's deposit protection scheme. The FSCS protects most depositors, including individuals and small companies upto £85,000. Eligible deposits of large companies and small local authorities are covered upto £85,000.