PNB FD Interest Rates 2026: Interest Rates, Features and Schemes
Punjab National Bank (PNB) offers Fixed Deposit schemes designed to provide secure and guaranteed returns. With competitive interest rates, a minimum deposit of Rs. 100, and flexible tenures from 7 days up to 10 years, PNB’s FD options cater to a wide range of investors.
Key Highlights
- Senior Citizens: Earn between 3.50% and 7.10% p.a.
- General Public: Earn between 3.00% and 6.60% p.a.
- Public Rate: Highest FD rate is 6.60% p.a. for 444 days.
- Senior Rate: Highest FD rate is 7.10% p.a. for 444 days.
- Super Seniors: Earn a peak interest rate of 7.40% p.a. for 444 days.
- Penalty: Premature withdrawal attracts a 1% penalty on the applicable interest rate for the actual deposit period.
Punjab National Bank FD Interest Rates 2026
The traditional retail slab threshold has been extended by the bank from ₹2 Crore to less than ₹3 Crore.
| Tenure | Regular Public (%) | Senior Citizens (%) | Super Senior Citizens (%) |
| 7–45 Days | 3.00 | 3.50 | 3.80 |
| 46–90 Days | 4.50 | 5.00 | 5.30 |
| 91–154 Days | 4.90 | 5.40 | 5.70 |
| 155 Days (Special) | 5.55 | 6.05 | 6.35 |
| 156–179 Days | 4.90 | 5.40 | 5.70 |
| 180–443 Days* | 5.60–6.30 | 6.10–6.80 | 6.40–7.10 |
| 444 Days (Highest Rate) | 6.60 | 7.10 | 7.40 |
| 445 Days–3 Years | 6.30 | 6.80 | 7.10 |
| Above 3 Years–1203 Days | 6.10 | 6.60 | 6.90 |
| 1204 Days | 6.05 | 6.55 | 6.85 |
| 1205 Days–5 Years | 6.10 | 6.60 | 6.90 |
| Above 5 Years–10 Years | 6.00 | 6.80 | 6.80 |
Punjab National Bank NRE FD Interest Rates
Note: NRE deposits must complete a minimum tenure of 1 year to earn interest. Senior citizen preferential pricing does not apply to NRE/NRO categories.
| Tenure | Regular Public (%) | Senior Citizens (%) | Super Senior Citizens (%) |
| 1 Year | 6.10 | 6.10 | 6.10 |
| Above 1 Year to 389 Days | 6.30 | 6.30 | 6.30 |
| 390 Days | 6.40 | 6.40 | 6.40 |
| 391 Days to 2 Years | 6.30 | 6.30 | 6.30 |
| Above 2 Years to 3 Years | 6.30 | 6.30 | 6.30 |
| Above 3 Years to 1203 Days | 6.10 | 6.10 | 6.10 |
| 1204 Days | 6.05 | 6.05 | 6.05 |
| 1205 Days to 5 Years | 6.10 | 6.10 | 6.10 |
| Above 5 Years to 10 Years | 6.00 | 6.00 | 6.00 |
Types of Punjab National Bank FD Schemes
The types of Punjab National Bank FD Schemes are as follows:
| FD Scheme | Key Features | Deposit Amount | Tenure | Premature Withdrawal |
| PNB Ordinary Term Deposit | Standard FD with loan/overdraft facility | ₹1,000 to < ₹3 Cr | 7 days–10 years | Allowed |
| PNB Tax Shield FD | Tax-saving FD under Section 80C | ₹100–₹1.5 lakh/FY | 5–10 years | Not allowed before 5 years |
| PNB Pranam FD | FD for senior citizens (55+) | ₹1,000 to < ₹3 Cr | 1–10 years | Allowed |
| PNB Bulk FD | High-value deposits for corporates | ₹3 Cr and above | 7 days–10 years | As per instructions |
| PNB Uttam (Non-Callable FD) | Higher interest, no premature withdrawal | ₹1 Cr+ | 91 days–10 years | Not allowed |
| PNB Floating Rate FD | Interest linked to benchmark rates | ₹1,000+ | 7 days–10 years | Allowed |
| PNB E-FD Schemes | Online creation of various FD types | Linked to account balance | As per scheme | Allowed online |
| PNB Anupam Term Deposit | FD with overdraft/checkbook facility | ₹10,000–₹1.99 Cr | 6 months–10 years | Allowed |
| PNB Balika Shiksha FD | Scheme for eligible girl students | As per scheme rules | Till age 18 | Not allowed before 18 years |
| PNB Multi-Benefit Deposit | Quarterly compounding, payout at maturity | ₹1,000 to < ₹3 Cr | 6 months–10 years | Allowed |
| PNB Growth FD | High-value callable deposits | ₹3 Cr–₹10 Cr | 7 days–10 years | Allowed |
| FD for Road Accident Victims | Compensation deposits under MACAD | As per court order | 1–10 years | Court approval required |
Term-wise Punjab National Bank FD Rates
The Term- Wise Punjab National Bank FD Rates are as follows:
| Deposit Tenure | General Customers | Senior Citizens | Super Senior Citizens |
| Short-Term (7 days–1 year) | 3.00%–5.60% | 3.50%–6.10% | 3.80%–6.40% |
| Medium-Term (1–5 years) | 6.10%–6.60% | 6.55%–7.10% | 6.85%–7.40% |
| Long-Term (5–10 years) | 6.00% | 6.80% | 6.80% |
Punjab National Bank FD Special Features and Benefits
The follwing points state the Punjab National Bank FD Special Features and Benefits:
- The minimum deposit amount allowed is ₹1,000 for standard deposits and ₹100 for specific regular structures.
- Domestic individuals, HUFs, corporates, and Non-Resident Indians are fully eligible.
- Multiple interest distributions are available, including monthly, quarterly, or maturity compounding.
- Loan/Overdraft privileges can be claimed against existing active balances of ₹10,000 or above.
Eligibility Criteria for Punjab National Bank FD
- Individuals (singly or jointly with others)
- Minors who have attained the age of 10 years and above,
- Proprietorship/partnership firm, commercial organisation, company/corporate body.
- Hindu Undivided Family (HUF).
- Association, club, society, trust or religious/charitable or educational institutions.
- Municipality or panchayat, government or quasi-government body.
- Illiterate and blind persons can also open the account.
Documents Required for Punjab National Bank FD
- Secondary School leaving Certificate indicating the date of birth
- LIC Policy
- Voters Identity Card
- Pension Payment Order (for senior citizens)
- Birth Certificate issued by the competent authority
- Passport
- Driving License
- PAN Card
- Any other documentary proof to the satisfaction of the Branch Manager
- UID (Aadhaar Card)
How to Invest in PNB Bank FD?
i. PNB Internet Banking
Step 1: Log in to PNB NetBanking.
Step 2: Go to Manage Accounts and select Open/Close Term Deposit Accounts.
Step 3: Choose the FD scheme, enter the amount, tenure, and maturity instructions.
Step 4: Confirm using your transaction password and OTP to generate the e-certificate.
ii. PNB Mobile Banking App
Step 1: Open the PNB ONE app and log in.
Step 2: Go to Services and then Deposits.
Step 3: Select Open Fixed Deposit and enter the prefered preferences.
Step 4: Verify with TPIN to create the FD instantly.
iii. Visiting the PNB Bank Branch
Step 1: Visit your nearest Punjab National Bank branch.
Step 2: Fill out the FD application form and attach the required documents.
Step 3: Submit the deposit amount along with the form.
Step 4: After successful verification, the FD will be booked.
Step 5: The FD certificate will be sent to your communication address and an SMS confirmation will be sent to your mobile number.
Tax Benefits on Punjab National Bank Fixed Deposit
PNB Tax Shield FD
- Eligibility: Available for individuals (single/joint accounts) and HUFs.
- Deposit Amount: Rs. 100 to Rs. 1.5 lakh per financial year.
- Lock-In Period: 5 years, with a maximum tenure of 10 years.
- Tax Benefits: Eligible for tax deductions under Section 80C of the Income Tax Act, 1961.
- Interest Payout: Options for monthly, quarterly, half-yearly, yearly, or maturity-based payouts.
- Additional Interest: 0.5% extra for senior citizens, and 1% extra for staff members over regular rates.
PNB Capital Gain Account Scheme
- Purpose: Allows individuals to deposit capital gain proceeds to avail tax benefits under Sections 54, 54B, 54D, 54F, or 54G of the Income Tax Act, 1961.
- Tenure: 7 days to 10 years.
- Availability: Offered at all branches except rural ones.
- Account Types: Two types of accounts available for deposit.
- Deposit Account-A: Functions as a savings account.
- Deposit Account-B: Functions as a term deposit account.
Loan Against FD PNB
PNB allows you to borrow funds against your fixed deposit without breaking it prematurely, which is helpful in cases of short-term liquidity needs. Here are some of its features:
- Loan Amount: Up to 90% of your FD principal + accrued interest
- Eligible Schemes: Most domestic FDs above ₹10,000
- Interest Rate: Typically 1% to 2% above the FD interest rate
- Repayment: Flexible repayment options; tenure linked to FD maturity
- How to Apply: Available online via net banking or offline by visiting your branch
PNB FD Calculator
Use the online PNB FD Calculator to find out your maturity amount, interest earnings, and effective returns based on the latest 2026 FD rates.
Punjab National Bank vs Other Banks' FD Rates
The table below provides the compariosion between Punjab National Bank vs Other Banks' FD Rates:
| Bank Name | Regular Customers (% p.a.) | Senior Citizens (% p.a.) |
| Punjab National Bank | 3.00% – 6.60% | 3.50% – 7.10% |
| State Bank of India | 3.05% – 7.05% | 3.55% – 7.55% |
| HDFC Bank | 2.75% – 7.00% | 3.25% – 7.50% |
| ICICI Bank | 2.75% – 7.10% | 3.25% – 7.60% |
| Axis Bank | 3.00% – 7.20% | 3.50% – 7.75% |
| Bank of Baroda | 3.50% – 7.00% | 4.00% – 7.50% |
| Canara Bank | 3.00% – 6.95% | 3.00% – 7.45% |
Related Articles:
1. Yes Bank 2026 FD Interest Rates
2. Allahabad Bank 2026 FD Interest Rates
3. RBL Bank 2026 FD Interest Rates
4. Corporation Bank 2026 FD Interest Rates
Related PNB Bank Articles:
1. PNB Bank Statement Password
2. How To Download Punjab National Bank RTGS Form
3. How To Check PNB Balance
Frequently Asked Questions
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