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CUSTOMER ADVISORY

Dear Customer

In recognition of the COVID-19 pandemic, MasterCard has enhanced the contactless transaction limit at POS for Debit Cards in the UK from GBP 30 to GBP 45, which means, your PNBIL Debit Card Contactless limit will be enhanced to GBP 45. This enhanced limit will be with effect from 01st April 2020.

We hope you would make use of this enhanced limit and use your debit cards for payments through contactless at POS, reducing the physical contact with payment machines and hopefully slowing the virus spread.


FAQ's

INTEREST RATE


Savings Account


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

Fixed Deposits


   These rates are applicable for deposits account up to 1.5 million in respective currency.
Duration Interest rates w.e.f 21st July 2020 GBP Interest rates w.e.f 02nd July 2020 USD Interest rates w.e.f 17th July 2018 EUR
  AER AER AER
1 Month to < 3 Months 0.25% 0.30% NA
3 Months to < 6 Months 0.30% 0.45% NA
6 Month to < 1 Years 0.50% 0.60% NA
1 Year to < 2 Years 0.90% 1.00% 0.10%
2 Year to < 3 Years 1.10% 1.05% 0.20%
3 Year to < 4 Years 1.15% 1.10% 0.25%
4 Year to < 5 Years 1.20% 1.15% 0.40%
5 Years 1.25% 1.20% 0.50%

Variable Rate CASH ISA


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


Fixed Rate CASH ISA


Interest Rates Effective From 21st July 2020.
Period of Deposit Interest Rates w.e.f 21st July 2020
  AER
1 yr. to less than 2 yrs. 0.70%
2 yrs. to less than 3 yrs. 0.90%
3 yrs. to less than 4 yrs. 0.95%
4 yrs. to less than 5 yrs. 1.00%
5 yrs. 1.05%
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.