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PNB FD Interest Rates

Q: Is the PNB FD interest rates provided on regular FDs and e-FDs the same?

Yes, PNBÂ FD interest ratesÂ provided on both of them are similar.

Q: What is the maximum offered PNB FD interest rate in 2025?

TheÂ highest FD ratesÂ in Punjab national bank for regular FDs is 7.25 percent for regular investors and 7.75 percent for senior citizens.

PNB FD interest rates range between 3.50% to 7.25% p.a. for regular citizens and 4.0% to 7.50% p.a. currently for senior citizens. Punjab National Bank (PNB) is one of the top Indian banks offering competitive FD interest rates for tenure ranging from 7 days to 10 years. Individuals, NRIs, senior citizens, and super senior citizens can deposit their surplus savings to earn high interest on maturity.

FEATURES

Returns (BEFORE TAX)

6.7%

7.0%

Highest Return7.5%

Returns (AFTER TAX)^*

4.7%

4.9%

LIFE COVER

₹10 Lakh**

Punjab National Bank FD Rates Apr 2025

Tenure	REGULAR RATES Current Rates	SENIOR CITIZEN
7 to 14 days	3.50%	4.00%
15 to 29 days	3.50%	4.00%
30 to 45 days	3.50%	4.00%
46 to 90 days	4.50%	5.00%
91 to 179 days	4.50%	5.00%
180 to 270 days	6.25%	6.75%
271 days to 299 days	6.50%	7.00%
300 days	7.05%	7.55%
301 days to less than 1 year	6.50%	7.00%
1 year	6.80%	7.30%
Above 1 year to 399 days	6.80%	7.30%
400 days	7.25%	7.75%
401 days to 2 years	6.80%	7.30%
Above 2 years to 3 years	7.00%	7.50%
Above 3 years to 1203 days	6.50%	7.00%
1204 days	6.40%	6.90%
1205 days to 5 years	6.50%	7.00%
Above 5 years to 1894 days	6.50%	7.30%
1895 days	6.35%	7.15%
1896 days to 10 years	6.50%	7.30%

FD interest rates have been declining over last few years and is expected to further fall, as Indian economy grows in coming years.

1 Yrs FD rate - Historical trend

Information About

Fixed Deposits, Guaranteed Return Plans & Debt Mutual Fund

Guaranteed Return Plans, Fixed Deposits &
Debt Mutual Fund

Guaranteed Return Plans

Returns Before Tax

7.5% ^(TAX-FREE)

Returns After Tax

7.5%

Guaranteed Returns

Yes

Life Cover

Yes

Tax on Profit

Tax Free*

Risk

No Risk

Fixed Deposits

Returns Before Tax

7% ^(TAXABLE)

Returns After Tax

4.8%

Guaranteed Returns

Yes

Life Cover

Tax on Profit

Taxable

Risk

Low Risk

Debt Mutual Fund

Returns Before Tax

8% ^(TAXABLE)

Returns After Tax

5.5%

Guaranteed Returns

Life Cover

Tax on Profit

Taxable

Risk

High Risk

VIEW PLANS

*For annual premium upto ₹5 Lacs

FD Calculator

Total Investment

₹

₹500 ₹30L

Enter Total Investment

Rate of Interest (Yearly)

1% 15%

Rate of Interest (Yearly)

Time Period

Years

1 Year 15 Years

Enter Time Period

Total Investment

Interest Earned

Maturity Amount

Compare FD Interest Rates of Top Financial Institutions

BANKS	GENERAL CITIZENS	SENIOR CITIZEN
PNB FD Rates	3.50% - 7.25%	4.00% - 7.75%
ICICI Bank FD Rates	3.00% - 7.10%	3.50% - 7.65%
HDFC Bank FD Rates	3.00% - 7.20%	3.50% - 7.75%
SBI Bank FD Rates	3.00% - 7.10%	3.50% - 7.60%
Axis Bank FD Rates	3.00% - 7.10%	3.50% - 7.75%
PNB FD Rates	3.50% - 7.25%	4.00% - 7.75%
Yes Bank FD Rates	3.25% - 7.75%	3.75% - 8.25%
Kotak Mahindra FD Rates	2.75% - 7.25%	3.25% - 7.75%
Bandhan Bank FD Rates	3.00% - 5.00%	3.75% - 5.75%
Union Bank of India FD Rates	3.00% - 7.00%	3.50% - 7.50%
Indusind Bank FD Rates	3.50% - 7.85%	4.25% - 8.25%
Canara Bank FD Rates	4.00% - 7.25%	4.00% - 7.75%
Bank of Baroda FD Rates	3.00% - 7.25%	3.50% - 7.75%
IDFC Bank FD Rates	3.00% - 7.50%	3.50% - 8.00%
Indian Bank FD Rates	2.80% - 6.70%	2.80% - 7.20%
DBS Bank FD Rates	2.50% - 5.50%	2.50% - 5.50%
UCO Bank FD Rates	2.55% - 5.05%	3.80% - 6.30%
Bank of India FD Rates	3.00% - 7.25%	3.00% - 7.75%
IDBI Bank FD Rates	2.90% - 5.30%	3.40% - 5.90%
Central Bank of India FD Rates	2.75% - 5.15%	3.25% - 5.65%

PNB Fixed Deposit Interest Rates in 2025

Punjab National Bank provides diverse fixed deposit schemes suitable for different categories of investors, helping them reach financial goals through competitive FD interest rates.

The PNB FD interest rates vary depending on the deposit tenure and whether you are a senior citizen, super senior citizen or an NRI.

General Public: Rates range from 3.50% p.a. to 7.25% p.a.
Senior Citizens: Rates range from 4.00% p.a. to 7.75% p.a. (generally 0.50% higher than regular rates)
Super Senior Citizens: Rates range from 4.30% p.a. to 8.05% p.a.

PNB Tax Saver FD Scheme offers tax benefits of up to Rs.1.5 lakhs annually under Section 80C of the Income Tax Act, 1961.

Punjab National Bank FD Rates for Domestic/ NRO Deposits Below ₹3 Crore ~ w.e.f. 1 Jan 2025

Period	Rates For Public	Rates for Senior Citizens	Rates for Super Senior Citizens
7 to 14 Days	3.50	4.00	4.30
15 to 29 Days	3.50	4.00	4.30
30 to 45 Days	3.50	4.00	4.30
46 to 60 Days	4.50	5.00	5.30
61 to 90 Days	4.50	5.00	5.30
91 to 179 Days	5.50	6.00	6.30
180 to 270 Days	6.25	6.75	7.05
271 Days to 299 Days	6.50	7.00	7.30
300 Days	7.05	7.55	7.85
301 Days to 302 Days	6.50	7.00	7.30
303 Days**	7.00	7.50	7.80
304 Days to < 1 Years	6.50	7.00	7.30
1 Year	6.80	7.30	7.60
> 1 Year to 399 days	6.80	7.30	7.60
400 Days	7.25	7.75	8.05
401 Days-505 Days	6.80	7.30	7.60
506 Days**	6.70	7.20	7.50
507 Days to 2 Year	6.80	7.30	7.60
> 2 years to 3 years	7.00	7.50	7.80
> 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	6.50	7.30	7.30
1895 days**	6.35	7.15	7.15
1896 days to 10 years	6.50	7.30	7.30

*NRIs do not receive extra interest rates offered to senior citizens on their NRO deposits.

**PNB Palaash scheme offers two specific durations: 1204 days and 1895 days, marking the bank's founding on April 12, 1895.

PNB Domestic and NRO Term Deposit FD Rates Between Rs. 3 Crore and Rs.10 Crore ~ w.e.f. 1 Jan 2025

Period	Revised Rates For Public
7 days to 14 days	5.25
15 days to 29 days	5.25
30 days to 45 days	5.25
46 days to 60 days	6.25
61 days to 90 days	6.25
91 to 179 days	6.50
180 days to 270 Days	6.65
271 days to 299 Days	6.75
300 Days
301 Days to 302Days
303Days **	7.00
304 Days to < 1 Year	6.75
1 Year	7.25
> 1 Year to 399 Days	6.80
400 days
401 Days to 505 Days
506Days **	6.70
507 Days to 2 years	6.80
> 2 years to 3 years	6.50
> 3 years to 1203 days	6.25
1204 days**	6.15
1205 days to 5 years	6.25
> 5 years to 1894 days	5.60
1895 days**	5.45
1896 days to 10 years	5.60

*PNB Palaash scheme offers two specific durations: 1204 days and 1895 days, marking the bank's founding on April 12, 1895.

PNB NRE FD Rates for NRIs ~ w.e.f. 1 Jan 2025

Period	Interest Rates Less than Rs. 3 Cr.	Interest Rates Rs. 3 Cr. To Rs. 10 Cr.
1 year	6.80	7.25
> 1 year to 399 days	6.80	6.80
400 days	7.25
401 days to 505 days	6.80
506 Days	6.70	6.70
507 Days -2 year	6.80	6.80
> 2 years to 3 years	7.00	6.50
> 3 years to 1203 days	6.50	6.25
1204 days	6.40	6.15
1205 days to 5 years	6.50	6.25
> 5 years to 1894 days	6.50	5.60
1895 days	6.35	5.45
1896 days to 10 years	6.50	5.60

PNB FCNR (B) FD Rates

Period	1 yrs < 2 yrs	2 yrs < 3 yrs	3 yrs < 4 yrs	4 yrs < 5 yrs	5 Yrs. only
Currency	Revised 01.03.2025	Revised 01.03.2025	Revised 01.03.2025	Revised 01.03.2025	Revised 01.03.2025
USD*	5.37	4.11	3.87	3.62	3.62
GBP*	4.60	3.50	3.05	2.95	2.75
EUR*	3.02	1.28	1.28	1.28	1.28
JPY	0.45	0.45	0.45	0.45	0.45
CAD	3.70	2.78	2.53	2.58	2.63
AUD	4.30	4.20	3.91	3.71	3.51

*For deposits less than 1 million only.

PNB on Tax Saver Fixed Deposits ~ w.e.f. 10 June 2024

	Public (General)	Sr. Citizen (General)	Staff Members	Retired Staff* (Sr. Citizen)
5 Years	6.50	7.00	7.50	7.50
> 5 Years to 1894 days	6.50	7.00	7.50	7.50
1895 days	6.35	6.85	7.35	7.35
1895 days to 10 years	6.50	7.00	7.50	7.50

* Note: In case of staff members as well as retired staff members who are also Senior Citizens, maximum rate of interest to be allowed is 100 bps over the applicable card rates.

PNB Uttam Term Deposit Rates ~ w.e.f. 1 Jan 2025

Period	General Citizen	Senior Citizens	Super Senior Citizens
91 to 179 days	5.55	6.05	6.35
180 days to 270 days	6.30	6.80	7.10
271 days to 299 Days	6.55	7.05	7.35
300 Days	7.10	7.60	7.90
301 days to 302 days	6.55	7.05	7.35
303 Days **	7.05	7.55	7.85
304 days to < 1 yr	6.55	7.05	7.35
1 Years	6.85	7.35	7.65
>1 Years to 399 Days	6.85	7.35	7.65
400 days	7.30	7.80	8.10
401 Days to 505 Days	6.85	7.35	7.65
506 Days**	6.75	7.25	7.55
507Days to 2 years	6.85	7.35	7.65
> 2 years to 3 years	7.05	7.55	7.85
> 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	6.55	7.35	7.35
1895 days**	6.40	7.20	7.20
1896 days to 10 years	6.55	7.35	7.35

Different Types of PNB FD Schemes

Below are the various types of PNB FD interest rate schemes:

1.PNB Sugam Term Deposit Scheme

This scheme provides greater flexibility along with a higher rate of interest. Depositors can withdraw smaller units of funds before maturity.

Interest can be drawn monthly, quarterly, half-yearly, yearly, or on maturity.
Minimum deposit requirement.
Available for minors (10+ years under guardianship), HUFs, sole proprietorship firms, and partnership firms.

2. PNB Tax Saver Deposit Scheme

A secure deposit scheme that offers tax benefits under section 80C along with attractive returns.

Loan facility available up to 90% of the deposit amount.
Nomination facility is available.
Ideal for investors looking to save tax while earning fixed returns.

3. PNB Varshik Aay Deposit Scheme

This scheme offers interest compounded quarterly and paid annually.

Loan facility available up to 90% of the deposit amount.
Nomination facility available.
Suitable for individuals looking for annual returns.

4. Regular Fixed Deposits

A simple and reliable investment option with flexibility and security.

Interest is paid at the time of maturity.
Overdraft facility up to 75% of the deposit.
Available for resident Indians, HUFs, companies, trusts, and partnership firms.

5. PNB Multi-Benefit Deposit Scheme

Offers multiple benefits with higher interest rates and flexible deposit amounts.

Loan/overdraft facility available up to 90% of the deposit.
Deposit amount ranges from Rs. 100 to Rs. 99.99 lakhs.
Available for resident Indians, HUFs, firms, trusts, and government bodies.

6. PNB Balika Shiksha Fixed Deposit Scheme

Designed for girl students who have passed the 8th grade, providing financial security for their future.

Auto-renewal for 30 days.
No loans/advances are allowed.
Available for girls who have passed the 8th standard from Kasturba Gandhi Balika Vidyalayas and unmarried girls under 16 years.

7. PNB Anupam Term Deposit Scheme

A flexible FD scheme with an inbuilt overdraft facility.

Minimum deposit of Rs. 10,000.
Tenure ranges from 6 months to 120 months.
Open to salaried and self-employed individuals above 18 years.

8. PNB Swechha Jama Yojna Flexi FD Scheme

This deposit scheme offers flexibility to customers with a minimum deposit starting from Rs. 100.

Interest paid half-yearly and calculated daily.
Loan facility available up to 90% of the deposit.
Available for resident Indians, HUFs, sole proprietorships, and partnership firms.

9. FD Scheme for Road Accident Victims

Specifically designed to provide financial aid for motor insurance claims to road accident victims.

Depositors can opt for simple or compound interest.
Auto-renewal facility available.
No loans/advances are permitted.
Open to individuals, HUFs, companies, trusts, and partnership firms.

10. PNB Bulk Fixed Deposit Scheme

A high-value FD scheme for depositors looking to invest large amounts.

Single deposit of Rs. 10 crore or more.
Loan or overdraft facility available up to 90% of the deposit.
No auto-renewal facility.
Open to individuals, minors (10+ years), HUFs, and firms.

11. Prospective Senior Citizen Term Deposit Scheme

A fixed deposit scheme specially designed for senior citizens, offering higher interest rates.

Loan facility available up to 90% of the deposit.
Nomination facility available.
Exclusively for individuals aged 60 years and above.

12. PNB Mibor Linked Notice Deposit Scheme

A unique deposit scheme with a market-determined interest rate linked to the Mumbai Inter-Bank Offer Rate (MIBOR).

Interest rate is linked to MIBOR with a daily reset.
Auto-renewal facility available.
Suitable for high-net-worth individuals, companies, public sector undertakings, and commercial organizations.

Tenure Wise PNB FD Interest Rates

Here are PNB FD interest rates based on tenure:

1. Short-Term Deposits

Tenure: 7 days to 12 months (less than 1 year)
Interest Rates: 3.00% p.a. to 4.50% p.a.
These deposits are ideal for those looking to invest for a short period and require quick access to their funds.

2. Medium-Term Deposits

Tenure: More than 1 year to less than 5 years.
Interest Rates: Approximately 5.50% p.a. - 5.75% p.a.
Medium-term FDs strike a balance between liquidity and returns, suitable for investors with a moderate investment horizon.

3. Long-Term Deposits

Tenure: 5 years to 10 years.
Interest Rates: 5.65% p.a.
Long-term FDs are designed for those planning for long-term financial goals, such as retirement planning or children's education.

Eligibility Criteria for Opening a PNB FD Interest Rates Account

Any of the following can invest in PNB FDs-

Individuals
Companies
A minor and a guardian can open a joint account
Companies
Partnership
Any Institute and associations
NRIs

Documents Required for PNB FD Interest Rates Account

The following documents are required to start a fixed deposit account-

Application Form
Details on the Aadhaar Card
2 photographs
Identity proof
Address proof
A copy of the PAN Card
Form 60 or 61

How to Invest in the PNB FD Scheme?

An investor can opt for either of the following methods to invest in the PNB FD Scheme:

1. Internet Banking

The following steps need to be followed to invest via internet banking:

Login to the PNB account
Click the "Open Fixed Deposit" option under the "Transaction" tab.
Fill in the needful details like the policy's tenure and the amount willing to be invested.
Provide nominee details.
Confirm all the details before proceeding further.
A receipt will be generated that can be downloaded instantly.

2. PNB Bank Mobile Application

The following steps need to be followed to open an FD account via the mobile application of PNB:

Download the PNB bank application on your mobile (it can be either iOS or Android).
After creating credentials, one can sign in to the application.
Head to the main menu and select the deposit option after signing in.
Under the "Deposits" option, choose the "Open Fixed Deposit" tab.
Fill in all the required details and upload the required documents.
A receipt will be generated after successfully providing all the details, which can be downloaded immediately.

3. A PNB FD Account Offline

In the offline method of opening a PNB Fixed Deposit Account, the investor needs to visit the nearest PNB branch and fill out forms to open their respective FD account. All the relevant documents must be submitted to the branch manager along with the deposit amount. After successfully verifying all the provided documents, the branch manager provides a receipt that is the account opening proof for the investor.

Tax on Punjab National Bank Fixed Deposit

Investing in a Punjab National Bank (PNB) Tax Saving FD allows individuals to claim tax benefits of up to Rs. 1,50,000 per annum under Section 80C of the Income Tax Act. However, no other PNB Fixed Deposits qualify for this tax-saving benefit.

Additionally, interest earned on PNB Fixed Deposits is taxable as per the individual’s income tax slab. If the interest income exceeds Rs. 40,000 per annum (Rs. 50,000 for senior citizens), it is subject to Tax Deducted at Source (TDS) at 10%. If the investor does not provide PAN details, the TDS rate increases to 20%.

Loan Against Punjab National Bank FD

PNB offers loans against Fixed Deposits, allowing depositors to access funds without breaking their FD. Key details include:

Loan amount: Up to 90% of the FD deposit value.
Interest rate: Ranges between 4% – 6.3%.
Helps in meeting financial needs without disrupting long-term savings.

Premature Closure of Punjab National Bank Fixed Deposit

Most PNB Fixed Deposits can be withdrawn before maturity, except for the Tax Saving FD. However, a premature withdrawal penalty of 1% on the interest rate applies. This penalty may be modified based on PNB’s terms and conditions.

PNB Fixed Deposits offer a mix of security, returns, and flexibility, making them a preferred choice for various investors.

PNB Fixed Deposits - FAQs

Can PNB FD interest rates vary from time to time?

Yes, the PNB FD interest rates can change during a financial year without any prior notice. However, you can check with your bank for the details and look for updates online or in the news. Also, FD calculator online tool can be used to analyse the FD returns.

Do you have to pay tax on the interest earned on fixed deposits?

You are liable to pay tax for the interest that you earn on your fixed deposits. It is counted as a part of your total income and tax is deducted as per the tax slabs. While filing your ITR it is shown under the head of Income from other sources. If the interest earned is lesser than 10,000 rupees or doesn't fall in the taxable income, the TDS will not be deducted.

What if I don’t provide my PAN details while opening an FD with PNB Bank?

Firstly, your TDS will be deducted at the rate of 20 percent. Moreover, you will not get the TDS certificate and TDS credit.

How is interest paid to a fixed deposit holder?

The interest earned will be directly credited to your savings bank account.

Is the PNB FD interest rates provided on regular FDs and e-FDs the same?

Yes, PNB FD interest rates provided on both of them are similar.

What is the maximum offered PNB FD interest rate in 2025?

The highest FD rates in Punjab national bank for regular FDs is 7.25 percent for regular investors and 7.75 percent for senior citizens.

What is the PNB FD interest rate for senior citizens' FDs?

Yes, returns on senior citizen FDs are higher. The rate of a regular FD is in the range of 3.5% to 7.25%. Compared to this, the rate of senior citizen FD is in the range of 4.0% to 7.75%.

What is the tenure range for PNB Fixed Deposits?

The tenure ranges from 7 days to 10 years

What is the minimum amount that I need to deposit in my FD?

You need to deposit a minimum of 100 to open an FD with PNB.

Can I deposit an additional amount in an ongoing FD?

No, it is not permissible to deposit an extra amount during the FD tenure. The only option is to open a new account and deposit the required amount.

Who all are eligible to open a PNB FD account?

Anyone including HUFs, individuals, NRIs, and Companies can start a fixed deposit account. A minor is eligible to open a joint account with their guardian.

Can I change the term of my existing PNB FD?

No, it is not permissible to do so. You will have to start a new account with the required tenure range.

* Tax adjustment considering income tax slab of 30%
** Life cover for a plan with an annualized premium of Rs 1L
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
#Discount offered by insurance company
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in

PNB FD Interest Rates

Punjab National Bank FD Rates Apr 2025

PNB Fixed Deposit Interest Rates in 2025

Punjab National Bank FD Rates for Domestic/ NRO Deposits Below ₹3 Crore ~ w.e.f. 1 Jan 2025

PNB Domestic and NRO Term Deposit FD Rates Between Rs. 3 Crore and Rs.10 Crore ~ w.e.f. 1 Jan 2025

PNB NRE FD Rates for NRIs ~ w.e.f. 1 Jan 2025

PNB FCNR (B) FD Rates

PNB on Tax Saver Fixed Deposits ~ w.e.f. 10 June 2024

PNB Uttam Term Deposit Rates ~ w.e.f. 1 Jan 2025

Different Types of PNB FD Schemes

1.PNB Sugam Term Deposit Scheme

2. PNB Tax Saver Deposit Scheme

3. PNB Varshik Aay Deposit Scheme

4. Regular Fixed Deposits

5. PNB Multi-Benefit Deposit Scheme

6. PNB Balika Shiksha Fixed Deposit Scheme

7. PNB Anupam Term Deposit Scheme

8. PNB Swechha Jama Yojna Flexi FD Scheme

9. FD Scheme for Road Accident Victims

10. PNB Bulk Fixed Deposit Scheme

11. Prospective Senior Citizen Term Deposit Scheme

12. PNB Mibor Linked Notice Deposit Scheme

Tenure Wise PNB FD Interest Rates

1. Short-Term Deposits

2. Medium-Term Deposits

3. Long-Term Deposits

Eligibility Criteria for Opening a PNB FD Interest Rates Account

Documents Required for PNB FD Interest Rates Account

How to Invest in the PNB FD Scheme?

1. Internet Banking

2. PNB Bank Mobile Application

3. A PNB FD Account Offline

Tax on Punjab National Bank Fixed Deposit

Loan Against Punjab National Bank FD

Premature Closure of Punjab National Bank Fixed Deposit

Bank FD Interest Rates

Bank FD Calculator

NRI-NRE FD Rates

Explore More Under PNB Fixed Deposit

FD Rates articles