PNB Multi-Benefit Term Deposit Scheme

The PNB Multi-Benefit Term Deposit Scheme is a fixed deposit option offered by Punjab National Bank (PNB) that caters to a wide range of depositors. It provides several advantages compared to a standard fixed deposit. It offers a combination of attractive interest rates, potential loan access, and flexible terms, making it a well-rounded option for those seeking a secure investment with some additional benefits.

Returns as high
as 6.9%^*

Includes life cover

Completely Tax free⁺

Maximum returns Offered by Guaranteed

Highest

6.9%^*

Guaranteed Plan

(by insurance companies)

(10 Years)

6.5%^**

Fixed Deposits

(by SBI bank)

(5-10 Years)

6.9%^***

Public Provident Fund

(other popular options)

(15 Years)

Get Guaranteed returns upto 6.9%*

Fully Tax-Free, Life Cover Included

+91

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We are rated⁺⁺

12.02 Crore

Registered Consumer

Insurance Partners

5.9 Crore

Policies Sold

FD Interest Rates of Domestic/NRO (Below Rs. 3 Crore)

Tenure	Regular Rates Current Rates	Senior Citizen
7 Days to 14 Days	3.00%	3.50%
15 Days to 29 Days	3.00%	3.50%
1 Month to 2 Months	3.00%	3.50%
2 Months to 2 Months	4.50%	5.00%
2 Months to 3 Months	4.50%	5.00%
3 Months to 6 Months	4.90%	5.40%
6 Months to 9 Months	5.60%	6.10%
9 Months to 10 Months	5.60%	6.10%
10 Months	5.50%	6.00%
10 Months to 12 Months	5.60%	6.10%
1 Year	6.25%	6.75%
1 Year to 1.1 Years	6.40%	6.90%
1.1 Years	6.60%	7.10%
1.1 Years to 1.4 Years	6.40%	6.90%
1.4 Years	6.30%	6.80%
1.4 Years to 2 Years	6.40%	6.90%
2 Years to 3 Years	6.40%	6.90%
3 Years to 3.3 Years	6.25%	6.75%
3.3 Years	6.15%	6.65%
3.3 Years to 5 Years	6.25%	6.75%
5 Years	6.25%	6.75%
5 Years to 5.2 Years	6.00%	6.50%
5 Years to 5.2 Years	6.00%	6.80%
5.2 Years	5.85%	6.35%
5.2 Years to 10 Years	6.00%	6.50%

Information About

Fixed Deposits, Guaranteed Return Plans & Debt Mutual Fund

Guaranteed Return Plans, Fixed Deposits &
Debt Mutual Fund

Guaranteed Return Plans

Returns Before Tax

6.9%* ^(TAX-FREE)

Returns After Tax

6.9%*

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

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*For annual premium upto ₹5 Lacs

FD Interest Rates of Domestic/NRO (Rs. 3 Crore and Above)

Period	Revised Rates For General Citizen W.E.F. 10.06.2024 (%)
7 days to 14 days	6.00
15 days to 29 days	6.00
30 days to 45 days	6.00
46 days to 60 days	6.40
61 days to 90 days	6.60
91 to 179 days	6.50
180 days to 270 Days	6.65
271 days to 299 Days	6.75
300 Days	6.75
300 Days to < 1 Year	6.75
1 Year	7.25
> 1 Year to 399 Days	6.80
400 days	6.80
401 days to 2 years	6.80
> 2 year to 3 years	6.50
> 3 year 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

Features of PNB Multi-Benefit Term Deposit Scheme

Maturity Option:
- Interest is compounded quarterly.
- Interest is payable on the deposit's maturity.
- Interest is credited at the end of every calendar quarter (March 31, June 30, September 30, December 31).
- Incomplete quarters are accounted for at the end for interest calculation.
Deposit Amount:
- Minimum deposit: Rs.100.
- Subsequent deposits: In multiples of Rupee one (Re.1).
- Maximum deposit: Rs.1,99,99,999.
Period of Deposit:
- Deposit tenure: 6 months to 120 months.
- Tenure can be set in months and days, but not less than 180 days.
Interest:
- Applicable card rate as per guidelines from HO: IRMD, ALM Cell.
- Interest is compounded quarterly and payable on maturity.
Demand Loan/Overdraft Facility:
- Available for deposits of Rs.10,000 and above upon written request.

Eligibility of PNB Multi-Benefit Term Deposit Scheme

Individuals: Singly or jointly with others.
Minors: Age 10 years and above with proof of age.
Proprietorship/Partnership Firms: Business entities.
Commercial Organizations: Various business entities.
Companies/Corporate Bodies: Registered corporate entities.
Hindu Undivided Families (HUF): Eligible to open accounts.
Associations, Clubs, Societies, Trusts: Community and non-profit groups.
Religious/Charitable/Educational Institutions: Focus on religion, charity, or education.
Municipalities or Panchayats: Local government bodies.
Government or Quasi-Government Bodies: Various government entities.
Illiterate and Blind Persons: Inclusive eligibility for opening accounts.

FD interest rates India have fallen consistently over the last 12 years.

Invest in Plans that offer Guaranteed Returns for over 25 Years

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PNB Uttam (Non-Callable) Fixed Deposit Scheme Rates

Period	Rates For General Citizen W.E.F. 10.06.2024 (%)
7 days to 14 days	NA
15 days to 29 days	NA
30 days to 45 days	NA
46 days to 60 days	NA
61 days to 90 days	NA
91 to 179 days	6.55
180 days to 270 Days	6.70
271 days to 299 Days	6.80
300 Days	6.80
300 Days to < 1 Year	6.80
1 Year	7.30
> 1 Year to 399 Days	6.85
400 days	6.85
401 days to 2 years	6.85
> 2 year to 3 years	6.55
> 3 year to 1203 days	6.30
1204 days**	6.20
1205 days to 5 years	6.30
> 5 years to 1894 days	5.65
1895 days**	5.50
1896 days to 10 years	5.65

PNB Tax Saver Deposit Scheme

	Rates For General Citizens (%)	Rates For Sr. Citizen (%)
5 Years	6.50	7.00
> 5 Years to 1894 days	6.50	7.00
1895 days	6.35	6.85
1895 days to 10 years	6.50	7.00