PNB Housing Finance FD Rates

PNB Housing Finance Credit Rating

PNB Housing Finance has received a CRISIL AA/Positive rating and a CARE AA+/Stable rating. According to CRISIL, an AA rating reflects a strong ability to meet interest and principal repayment obligations on time. According to CARE Ratings, an AA+ rating indicates a high degree of safety regarding timely servicing of financial obligations and carries very low credit risk. 

PNB Housing Finance FD Interest Rates Highlights

The table below highlights the latest FD interest rates across different deposit tenures. 

*The FD interest rates are updated as of 23 June 2026

PNB Housing Finance FD Interest Rates

Fixed Deposit Rates on Domestic deposits of up to ₹5 crore w.e.f. 23 June 2026

Cumulative Option

Note:

• The revised FD interest rates are applicable to deposits opened or renewed on or after 23 June 2026. Senior citizens receive an additional 0.25% p.a. on deposits of up to ₹1 crore, subject to the bank's terms. 
• The 22-month and 44-month special fixed deposit tenures are available only for deposits booked between 15 May 2026 and 31 August 2026. 

Non-Cumulative Option

Types of PNB Housing Finance FD Schemes

PNB Housing Finance offers different fixed deposit schemes to meet different types of investment needs and income preferences. 

1. Cumulative Deposit

   • Minimum deposit amount: ₹10,000
   • Interest is compounded annually and paid along with the principal amount at the time of maturity.
   • Annual compounding helps all depositors to earn higher returns over the deposit tenure.

2. Non-cumulative Deposit

   • Minimum deposit amount:
   • ₹25,000 for the Monthly Income Scheme
   • ₹10,000 for all other interest payout options
   • Interest can be received on a monthly, quarterly, half-yearly, or annual basis.
   • Suitable for depositors looking for a regular stream of income.

3. Joint Fixed Deposit

   • A joint fixed deposit can be opened with up to three joint holders.
   • For non-cumulative deposits, the interest is paid to the first applicant.
   • For cumulative deposits, the accrued interest is deemed to belong to the first applicant.
   • The maturity proceeds are paid as per the instructions provided in the fixed deposit application form.

4. Non-Resident Indian (NRI) Fixed Deposit

   • Available to Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs).
   • Maximum deposit tenure: 3 years.
   • The principal amount and interest earned are credited only to the depositor's NRO account.
   • The principal and interest are not repatriable and cannot be converted into foreign currency.

PNB Housing Finance Loan Against Fixed Deposit

• A loan of up to 75% of the fixed deposit amount can be availed against the deposit.
• The PNB Housing Finance loan against FD facility is available for both cumulative and non-cumulative fixed deposits.
• The interest rate on the loan is 2% above the applicable fixed deposit interest rate.

Premature Withdrawal of Fixed Deposit

• PNB Housing Finance FD premature withdrawal is permitted after a mandatory lock-in period of 3 months.
• A request for premature withdrawal must be submitted at least 7 days before the intended withdrawal date.
• If the deposit is withdrawn within 6 months from the date of deposit, interest is payable at 4% per annum.
• If the deposit is withdrawn after 6 months, interest is payable at 1% below the applicable fixed deposit interest rate for the period the deposit remained with PNB Housing Finance.

PNB Housing Finance FD Calculator 

Customers can use an online PNB Housing Finance FD Calculator to estimate the maturity amount and interest earned on their fixed deposit. Enter the deposit amount, FD tenure, and applicable interest rate to get a quick estimate of the maturity value. The FD calculator also assists in comparing the returns across different deposit amounts and tenures, therefore helping in choosing an appropriate fixed deposit.