Credit Score powered by our Bureau Partners

Get your FREE Credit Score & Report in just 2 minutes

Punjab National Bank Fixed Deposit Rates

PNB FD Interest Rates 2025

PNB offers Fixed Deposit interest rates ranging from 3.25% to 6.70% p.a. for the general public. Senior citizens earn between 3.75% and 7.20% p.a., while super senior citizens (80+ years) can get up to 7.50% p.a.. FD tenures range from 7 days to 10 years, offering flexible and secure investment options.

PNB Bank FD Interest Rates Overview

Interest Rates

3.25% - 6.70% p.a.

Minimum Deposit

₹ 1,000

Maximum Deposit

No upper limit.

Lock In Period

No lock-in period for regular FDs

Tenure

7 Days to 10 Years

Interest for Senior Citizens

Extra 0.5% p.a.

Latest PNB FD Interest Rates 2025 (Regular & Senior Citizens)

PNB Domestic and NRO FD Rates Below ₹3 Crore – Effective from 18 June 2025

Duration	Interest rates for General Public (p.a.)	Interest rates for Senior Citizens (p.a.)	Interest rates for Super Senior Citizens (p.a.)
7 to 14 Days	3.25%	3.75%	4.05%
15 to 29 Days	3.25%	3.75%	4.05%
30 to 45 Days	3.25%	3.75%	4.05%
46 to 60 Days	4.50%	5.00%	5.30%
61 to 90 Days	4.50%	5.00%	5.30%
91 to 179 Days	4.90%	5.40%	5.70%
180 to 270 Days	5.80%	6.30%	6.60%
271 Days to 302 Days	6.00%	6.50%	6.80%
303 Days	5.90%	6.40%	6.70%
304 Days to < 1 Year	6.00%	6.50%	6.80%
1 Year	6.40%	6.90%	7.20%
> 1 Year to 389 days	6.40%	6.90%	7.20%
390 days	6.70%	7.20%	7.50%
391 Days-505 Days	6.40%	6.90%	7.20%
506 Days**	6.30%	6.80%	7.10%
507 Days to 2 years	6.40%	6.90%	7.20%
> 2 years to 3 years	6.40%	6.90%	7.20%
> 3 years to 1203 days	6.50%	7.00%	7.30%
1204 days**	6.40%	6.90%	7.20%
1205 days to 5 years	6.50%	7.00%	7.30%
> 5 years to 1894 days	6.00%	6.80%	6.80%

PNB Uttam Non-Callable FD Scheme for Deposits ₹1 Cr to < ₹3 Cr

Period	Interest Rates (p.a.)
Period	General Public	Senior Citizens	Super Senior Citizens
91 to 179 days	4.95%	5.45%	5.75%
180 days to 270 days	5.85%	6.35%	6.65%
271 days to 302 Days	6.05%	6.55%	6.85%
303 Days **	5.95%	6.45%	6.75%
304 days to < 1 yr	6.05%	6.55%	6.85%
1 Year	6.45%	6.95%	7.25%
>1 Years to 389 Days	6.45%	6.95%	7.25%
390 Days	6.75%	7.25%	7.55%
391 Days to 505 Days	6.45%	6.95%	7.25%
506 Days**	6.35%	6.85%	7.15%
507Days to 2 years	6.45%	6.95%	7.25%
> 2 years to 3 years	6.45%	6.95%	7.25%
> 3 years to 1203 days	6.55%	7.05%	7.35%
1204 days**	6.45%	6.95%	7.25%
1205 days to 5 years	6.55%	7.05%	7.35%
> 5 years to 1894 days	6.05%	6.85%	6.85%
1895 days**	5.90%	6.70%	6.70%
1896 days to 10 years	6.05%	6.85%	6.85%

Note: Senior Citizens are individuals aged 60 years to below 80 years, while Super Senior Citizens are those aged 80 years and above.

PNB FD Interest Rates for Domestic Term Deposits (Rs.3 Crore to Rs.10 Crore)

Duration	Domestic Fixed Deposit Scheme	PNB Uttam (Non Callable) FD Scheme
Duration	Interest rates for General Public (p.a.)	Interest rates for Senior Citizens (p.a.)
to 14 days	4.50%	NA
15 days to 29 days	5.00%	NA
30 days to 45 days	5.00%	NA
46 days to 60 days	5.00%	NA
61 days to 90 days	5.00%	NA
91 to 179 days	5.00%	5.05%
180 days to 270 Days	5.80%	5.85%
271 days to 302 Days	6.00%	6.05%
303 Days **	5.90%	5.95%
304 Days to < 1 Year	6.00%	6.05%
1 Year	6.40%	6.45%
> 1 Year to 389 Days	6.40%	6.45%
390 Days	6.70%	6.75%
391 Days to 505 Days	6.40%	6.45%
506 Days **	6.30%	6.35%
507 Days to 2 years	6.40%	6.45%
> 2 years to 3 years	6.40%	6.45%
> 3 years to 1203 days	6.00%	6.05%
1204 days **	5.90%	5.95%
1205 days to 5 years	6.00%	6.05%
> 5 years to 1894 days	5.60%	5.65%
1895 days **	5.45%	5.50%
1896 days to 10 years	5.60%	5.65%

Note: No additional interest is applicable for Senior Citizens, staff accounts, or others on deposits ranging from ₹3 Crore to ₹10 Crore.

PNB NRE Fixed Deposit Rates

Period	Less Than Rs. 3 Cr.	Rs. 3 Cr. To Rs. 10 Cr.
Period	Interest Rates (p.a.)	Interest Rates (p.a.)
1 year	6.40%	6.40%
> 1 year to 389 days	6.40%	6.40%
390 days	6.70%	6.70%
391 days to 505 days	6.40%	6.40%
506 Days**	6.30%	6.30%
507 Days - 2 year	6.40%	6.40%
> 2 years to 3 years	6.40%	6.40%
> 3 years to 1203 days	6.50%	6.00%
1204 days**	6.40%	5.90%
1205 days to 5 years	6.50%	6.00%
> 5 years to 1894 days	6.00%	5.60%
1895 days**	5.85%	5.45%
1896 days to 10 years	6.00%	5.60%

PNB FD Rates on Tax Saver Fixed Deposits

Period	Public (General)	Sr. Citizen (General)	Staff Members	*Retired Staff (Sr. Citizen)**
5 Years	6.25%	6.75%	7.25%	7.25%
> 5 Years to 1894 days	6.00%	6.50%	7.00%	7.00%
1895 days	5.85%	6.35%	6.85%	6.85%
1895 days to 10 years	6.00%	6.50%	7.00%	7.00%

PNB FCNR Deposit Interest Rates – Effective from 01 July 2025

Currency	1 yr < 2 yrs	2 yrs < 3 yrs	3 yrs < 4 yrs	4 yrs < 5 yrs	5 yrs
USD*	5.44%	4.18%	3.94%	3.65%	3.75%
GBP*	4.52%	3.27%	2.82%	2.72%	2.52%
EUR*	2.28%	0.54%	0.54%	0.54%	0.54%
JPY	0.45%	0.45%	0.45%	0.45%	0.45%
CAD	3.46%	2.54%	2.29%	2.34%	2.39%
AUD	4.05%	3.60%	3.31%	3.11%	3.01%

Types of PNB FD Schemes

1. Annuity Term Deposit Scheme for Victims of Road Accidents

This scheme is specially designed for individuals, including minors (through a guardian), who are victims of road accidents and have received compensation through court orders. The deposit is held in a single name only.

Eligibility: Individuals including minors (via guardian), in a single name
Deposit Amount: Minimum ₹1,000; no maximum limit
Tenure: 36 to 120 months or more
Interest Rate: Applicable as per prevailing rates for the chosen tenure
Mode of Holding: Singly
Nomination: Available
Premature Closure: Allowed only with court permission

2. PNB Uttam Non-Callable Term Deposit Scheme

PNB Uttam Term Deposit is a premium fixed deposit scheme tailored for high-value investors, offering flexible tenures and payout options based on deposit size. This scheme is ideal for individuals or institutions looking for assured returns with customized income or maturity options.

Key Features:

Deposit Amount:

Minimum – Above ₹15 lakh
Maximum – Up to ₹10 crore (as per IRMD-ALM guidelines)

For deposits above ₹10 crore, prior approval from HO Treasury is mandatory and DRI rates will apply.

Tenure Options:

For Deposits up to ₹10 crore:
Maturity Option: 91 days to 120 months
Income Option: 6 months to 120 months
For Deposits above ₹10 crore:
Maturity Option: 91 days to 1 year
Income Option: 6 months to 1 year

(Same applies for interbank deposits above ₹10 crore)

Interest Options:

Income Option: Interest can be paid monthly, quarterly, half-yearly, or annually. Monthly payouts are at discounted rates; quarterly/half-yearly/yearly payouts are on a compounding basis.
Maturity Option: Interest is compounded quarterly and paid at maturity. Partial quarters are accounted at the end for interest calculation.

Auto-Renewal & Conversion:

No auto-renewal or conversion is permitted. The deposit is auto-closed upon maturity.,

Withdrawal & Extensions:

Premature or part withdrawal, as well as tenure extensions, are not allowed under any circumstance, except:

Death of the depositor
Bankruptcy, court orders, regulator directives
Liquidation or winding-up orders

In such cases, interest will be paid as per applicable card rate for the period the FD was held.

Loan/Overdraft Facility:

Demand loan or overdraft against the deposit may be provided at the bank’s discretion and as per prevailing norms.

Maturity Value:

For deposits under the maturity option, the system calculates the maturity amount using quarterly compounding.

Schemes covered under E-FD:

Available for Internet Banking users with KYC-compliant Savings/Current accounts
PAN must be linked to the funding account
Senior citizen interest benefit applies as per funding account
Acceptance of terms & conditions is mandatory
Tenure and interest rates as per bank's website (card rates)
Auto-renewal allowed only on maturity amount
Maturity proceeds credited to funding account (if no renewal instruction)
Premature withdrawal allowed via Internet Banking
Nomination same as source account (can be updated online)
TDS applicable as per income tax rules; TDS certificate provided
Interest on overdue deposits paid as per bank policy

3. PNB Anupam Term Deposit Scheme

4. Punjab National Bank's Anupam Term Deposit Scheme is a unique fixed deposit product that not only ensures secure returns but also offers an in-built overdraft facility, making it ideal for individuals and entities seeking liquidity without breaking their deposit.

Eligibility - Resident Individuals, Sole Proprietors, Partnership Firms, Trusts, Companies (Excludes minors, illiterate & blind individuals)
Deposit Amount - Minimum ₹10,000 to Maximum ₹1,99,99,000
Tenure Options - From 6 months to 120 months (10 years)
Interest Rate - As per prevailing PNB card rates (revised from time to time)
Overdraft Facility - Allowed via linked current account, up to eligible Drawing Power (DP)
Interest Payout - Quarterly – March, June, September, and December
Third-Party Advances - Not allowed – Deposit & OD must be in the same name
Multiple Deposits - Additional deposits allowed under the same Anupam Account
Maturity Proceeds - Credited directly to OD account to settle dues and close the facility

5.PNB Balika Shiksha:

For girls passing Class 8 from KGBV or SC/ST girls in Govt. schools.
Must enroll in Class 9 in Govt./Govt. aided/local body schools.
Unmarried and below 16 years as of 31st March of admission year.
Private and Central Govt. school students not eligible.
₹3,000 FD issued in girl's name by Govt.
No initial deposit needed for account opening.
FD matures at 18 years with regular interest.
Withdrawal allowed after passing Class 10 and 2 years of schooling after Class 9.
No loan or premature withdrawal permitted.
In case of death, amount returns to Govt.

6.Capital Gain Account

Eligibility: Available to assessees eligible under Sections 54, 54B, 54D, 54F, 54G, and 54GB of the Income Tax Act.
Deposit Amount: Minimum ₹1,000; no upper limit; deposits in multiples of ₹1.
Tenure:
- Max 24 months – for Sections 54, 54B, 54F.
- Max 36 months – for Sections 54D, 54F, 54G, 54GB.
- Minimum – 7 days (Maturity), 6 months (Income Option).
Interest: Paid as per PNB Card Rate; no extra interest for staff or senior citizens.
Premature Withdrawal: Allowed with 1% penalty; lower of adjusted contract rate or scheme rate.
Interest Payment Options: Quarterly or at maturity; interest paid via Savings Capital Gain Account.
Loan Facility: Not available; cannot be used as collateral or margin money.
Interest Certificate: Issued for interest credited/accrued annually.
TDS: Applicable as per Income Tax rules during interest payment or credit.
Availability: Offered at all branches except rural; deposits above ₹25 crore at identified branches only.

7. PNB Multi-Benefit Term Deposit Scheme

Eligible for individuals, minors (10+), firms, HUFs, trusts, govt. bodies.
Minimum deposit: ₹100; Maximum: ₹1,99,99,999.
Tenure: 6 to 120 months (min 180 days).
Interest: Compounded quarterly, paid on maturity.
Interest credited quarterly (Mar 31, Jun 30, Sep 30, Dec 31).
Loan/OD facility: Available for deposits ₹10,000 and above.

8. PNB Special Term Deposit Scheme

Open to individuals, firms, companies, HUFs, trusts, and institutions.
Minors aged 10+ can open an account with age proof.
Illiterate and blind persons are also eligible.
Minimum deposit: ₹1,000; in multiples of ₹1,000.
Maximum deposit: ₹1,99,99,000.
Tenure: 1 year to 10 years, including incomplete quarters.
Interest paid monthly (discounted), quarterly (simple), or annually (compounded).
Rates as per PNB card rate guidelines.
Loan/OD facility available for deposits of ₹10,000 and above.
Subject to written request and bank terms.

9. PNB Sugam Fixed Deposits

Open to individuals, minors (10+), firms, HUFs, companies, trusts, and govt. bodies.
Illiterate and blind persons are also eligible.
Minimum deposit: ₹10,000; in multiples of ₹1.
Maximum deposit: ₹10 lakhs per customer.
Tenure ranges from 46 days to 120 months, including incomplete quarters.
Interest rates as per PNB’s card rate and deposit amount bucket.
Interest can be paid monthly, quarterly, or on maturity.
Cumulative option available with quarterly compounding if held for 6+ months.
Loan/Overdraft facility available as per bank guidelines.
Partial withdrawal allowed in multiples of ₹1; minimum ₹1,000.
No penalty on partial or full premature withdrawal.
Interest paid on balance deposit if part is withdrawn.
Conversion allowed up to revised limit of ₹10 lakh.

10. PNB Systematic Deposit Plan

Available for individuals (single/joint) and minors aged 10+ with age proof.
Minors below 10 years can open under natural/legal guardian.
Firms, clubs, associations, trusts, HUFs, corporates, and government bodies are eligible.
Minimum core monthly installment starts at ₹100.
Monthly deposit cannot exceed 10× the core amount.
Deposit period is available from 6 to 60 months.
No penalty for late installment payment.
Loan/OD facility available against the deposit.
Interest is paid half-yearly on a daily product basis.
Interest is applied as per the prevailing PNB card rate and is subject to revision from time to time.
Nomination facility is available.
TDS is deducted as per rules; certificate issued by the bank.

11. PNB Ordinary Term Deposit Scheme

Open to individuals (single or joint), minors (10+), firms, companies, HUFs, and institutions.
Eligible for trusts, societies, government bodies, panchayats, and municipalities.
Individuals who are illiterate or visually impaired are also eligible to open an account.
Minimum deposit amount: ₹100; in multiples of ₹1.
Maximum deposit limit: ₹1,99,99,999.
Tenure available from 7 days to 179 days.
Interest paid as per PNB Card Rate, subject to revision.
Loan/OD facility available on deposits of ₹10,000 and above on request.

12.PNB Tax Saver Fixed Deposit Scheme

Each financial year, you are permitted to deposit up to ₹1.5 lakh.
The investment period is up to 10 years.
The money is locked in for 5 years.
Senior citizens receive an additional 1% interest.

13. PNB Pranam Fixed Deposit Scheme

For individuals aged 55 to below 60 years, including illiterate and blind persons.
Joint accounts allowed; senior citizen must be the first holder.
Age proof required—acceptable documents include PAN, Aadhaar, Voter ID, etc.
Minimum deposit: ₹100; Maximum: ₹1,99,99,999.
Income Option allows a deposit tenure ranging from 1 to 10 years, structured in complete months or quarters as selected by the depositor.
Maturity Option: Tenure from 1 to 10 years, allows incomplete quarters.
Interest Rate: Card rate + 0.50% extra from the date of attaining 60 years.
Under the Income Option, interest is paid either monthly at a discounted rate or quarterly at a simple rate.
In the Maturity Option, interest is compounded quarterly and paid along with the principal at maturity.
Interest credited on quarter ends (Mar 31, Jun 30, Sep 30, Dec 31).
No penalty is charged for premature withdrawal once the depositor attains senior citizen status.
Loan/OD facility available on deposits ₹10,000+, not allowed for blind/illiterate.
OD facility activated next day if deposit and request occur same day.
Additional interest applies only after attaining age 60.
Maturity amount includes senior citizen benefit, if eligible during deposit tenure.
System updates interest rate automatically on reaching 60 years.
Must maintain an active Savings or Current Account.
Date of birth entry is mandatory at account opening.
If depositor dies before age 60, extra 0.50% interest won’t apply.
Existing customers aged 55–60 can switch to this scheme without penalty.
Maturity value printed on receipt includes additional Sr. Citizen interest.
Rubber stamp on CD must mention Sr. Citizen interest applies from age 60.

14.PNB MIBOR Linked Notice Deposit Scheme

The interest rate for this scheme is linked to the Mumbai Inter Bank Offer Rate (MIBOR).
This scheme is available only at branches in major cities.
You can only deposit more than ₹10 crore.
The investment period ranges from 7 days to 60 days.
This scheme is for companies, public sector units, commercial organizations, and high-net-worth individuals (HNIs).

15. PNB Floating Rate Fixed Deposit Scheme

The minimum deposit is ₹1,000 and multiples thereof.
The investment term ranges from 7 days to 10 years.

16. PNB Bulk Fixed Deposit Scheme

This scheme is for deposits of more than ₹10 crore.
You can choose to receive your money back after 7 days to 5 years.
You can also choose to receive interest payments every 6 months to 10 years.

17. PNB Growth Fixed Deposit Scheme

This scheme is for deposits ranging from ₹2 crore to ₹10 crore.
The maturity timeframe extends from 7 days up to 10 years.
You can choose to receive interest payments every 6 months to 10 years.

18. PNB NRE Sugam Term Deposit Scheme

This scheme is for Non-Resident Indians (NRIs) in single or joint accounts.
There is no maximum deposit limit.
The minimum deposit is ₹1,000.
The investment period ranges from 1 year to 10 years.

19. PNB NRO Sugam Term Deposit Scheme

This scheme is for NRIs or Persons of Indian Origin (PIOs).
The minimum deposit is ₹10,000.
The maximum deposit is up to ₹10 crore.
The investment period ranges from 46 days to 10 years.

Benefits of Investing in PNB Fixed Deposits

Safe and Secure Investment:

Because PNB is a bank owned by the government, your principal amount and the interest you earn on your PNB FD are very safe, making it a low-risk investment option.

Competitive Interest Rates:

PNB offers attractive interest rates on their Fixed Deposits. Senior citizens and super senior citizens can earn an extra 0.50% to 0.80% interest on their deposits.

Flexible Investment Periods:

You can choose to invest for periods ranging from 7 days to 10 years, which allows you to align your investments with both short-term and long-term financial goals.

Tax Benefits:

The PNB Tax Saver FD allows you to reduce your taxable income by up to ₹1.5 lakh under Section 80C of the Income Tax Act.

Loan and Overdraft Options:

You can borrow money against your FD or get an overdraft facility, which provides you with access to funds in case of an emergency without having to withdraw your entire deposit.

Early Withdrawal Option:

Most PNB FD schemes allow you to withdraw your money before the maturity date, giving you flexibility. However, there may be some penalties for early withdrawal.

Regular Income Options:

Non-cumulative FDs offer the option to receive interest payments monthly or quarterly, which can be helpful for those who need a steady stream of income.

How to Invest in PNB Fixed Deposits

You can open a Punjab National Bank FD account through the PNB Bank App, Internet Banking, or by visiting a branch.

1. Internet Banking

Sign in to your PNB NetBanking account.
Select the "Open Fixed Deposits" option.
Fill out the necessary details, including nominee information and maturity instructions.
Request door-step assistance from the bank. A bank representative will visit to collect your documents.
After verifying your application and KYC documents, the bank will book your FD.
You will receive your FD certificate by mail and a confirmation SMS to your registered mobile number.

2. PNB Bank App

Download and sign in to the PNB Bank App.
Select the "Open FD" option.
Fill out the deposit information, nominee details, and request door-step assistance.
A bank representative will visit for verification.
After verifying your application and KYC documents, the bank will book your FD.
You will receive your FD certificate by mail and a confirmation SMS to your registered mobile number.

3. Offline at Branch

Visit your nearest PNB Bank branch.
Fill out the PNB Bank FD application form.
Submit the completed form and all necessary documents along with the deposit amount.
The bank will process your application.
You will receive your FD certificate by mail and a confirmation SMS to your registered mobile number.

PNB FD Premature Withdrawal Details and Charges

1. Penalty Rate:

For most Fixed Deposits, PNB deducts 1% from the applicable interest rate for the period the deposit was held.
The applicable interest rate is based on the rate available for the actual tenure of the deposit on the date it was booked.

2.Exemptions:

Certain schemes, such as the PNB Sugam Fixed Deposit Scheme, do not impose penalties for premature withdrawals.
Deposits prematurely withdrawn due to the death of the account holder are exempt from penalty charges.

3. Tax Saver FD Lock-In:

Premature withdrawal of PNB Tax Saver Fixed Deposits is not allowed during the mandatory 5-year lock-in period.

Disclaimer: All the features, interest rates, and other information specified above are sourced when this page was written and are subject to change. For exact information, refer to the PNB Bank website or contact them.

Compare PNB Bank FD Interest Rates With Other Banks

Check out the FD interest rates offered by the top banks in India:

Bank	General Public (p.a.)	Senior Citizens (p.a.)
State Bank of India (SBI)	3.05% - 6.60%	3.55%-7.10%
HDFC Bank	2.75% - 6.60%	3.25% - 7.10%
Bank of Baroda	3.50% - 6.60%	4.00% - 7.10%
ICICI Bank	3.00% - 6.60%	3.50% - 7.10%
Canara Bank	3.50% - 6.60%	4.00% -7.10%

Frequently Asked Questions

1. What are the current interest rates for PNB Fixed Deposits?

For deposits under ₹3 crore, PNB offers interest rates ranging from 3.25% to 6.70% p.a.. Senior citizens and super senior citizens can benefit from an extra 0.50% to 0.80% on their deposit interest rates.

2. What is the minimum and maximum tenure for a PNB Fixed Deposit?

You can open a PNB Fixed Deposit for tenure as short as 7 days or as long as 10 years. You can pick a term that matches your financial needs with this flexibility.

3. Are there any additional benefits for senior citizens investing in PNB Fixed Deposits?

Yes, senior citizens receive an additional interest rate of 0.50%, and super senior citizens (aged 80 and above) receive up to 0.80% extra on deposits under ₹3 crore.

4. What is the required lock-in period for a PNB Tax Saver Fixed Deposit?

For a PNB Tax Saver FD, the lock-in period is set at 5 years. You can also benefit from tax exemptions under Section 80C of the Income Tax Act with this scheme.

5. Can I withdraw my Fixed Deposit prematurely?

Most PNB Fixed Deposit schemes allow premature withdrawal, but there may be penalties. However, specific schemes like PNB Sugam Fixed Deposits waive penalties for partial or full early withdrawals.

6. How can I open a PNB Fixed Deposit account?

You can open a PNB FD account via Internet Banking, the PNB Bank App, or by visiting a branch. Each method requires KYC documentation and nominee details to complete the process.

7. What is the maximum deposit limit for PNB Fixed Deposits?

For regular FDs, there is no upper limit. However, Tax Saver FDs have a maximum deposit limit of ₹1.5 lakh per financial year, and some schemes specify their own caps.

Disclaimer: This page includes information that has been compiled from many sources and is only offered for informational purposes. Since this type of data might change over time, we cannot guarantee that the information supplied or included within it is accurate. It is anticipated that the user would confirm with the relevant source prior to taking any choices or actions.