PNB Special Term Deposit Scheme

The PNB Special Term Deposit Scheme is a financial offering by Punjab National Bank (PNB) designed to provide you with competitive FD interest rates on Fixed Deposits (FD) for specific durations. This scheme aims to cater to individuals seeking stable returns on their investments with the security and reliability associated with PNB's banking services.

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 up to 6.9%*

Fully Tax-Free* (unlike FD), Life Cover Included

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PNB FD Interest Rates for Domestic/NRO Term Deposits (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

PNB FD Interest Rates for Domestic/NRO Term Deposits (Rs. 3 Crore – 10 Crore)

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 the PNB Special Term Deposit Scheme

The key features of the PNB Special Term Deposit Scheme are as follows:

Deposit Amount: The minimum deposit required is Rs. 1,000, with increments in multiples of Rs. 1,000 up to Rs. 1,99,99,000.
Period of Deposit: You can choose a deposit period ranging from 1 year to 10 years, including options for incomplete quarters.
Interest: Interest rates are determined by the Card Rate as per guidelines issued by HO: IRMD, ALM Cell.
Interest Payment Frequency: Interest can be paid monthly (at a discounted rate), quarterly (at a simple rate), or annually (with quarterly compounding).
Demand Loan/Overdraft Facility: Deposits of Rs. 10,000 and above are eligible for a Demand Loan or overdraft facility upon written request.

NOTE: Tax Deducted at Source (TDS) applies if the interest income exceeds ₹10,000 in a financial year.

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

Invest in Plans that offer Guaranteed Returns for over 25 Years

People also read: Which Bank is Best for Fixed Deposit

Eligibility Criteria for the PNB Special Term Deposit Scheme

Individuals (Single or Joint Account)
Minors aged 10 years and above, with proof of age
Proprietorship, Partnership, Companies, and Corporates
Hindu Undivided Families (HUFs)
Associations, Clubs, Societies, Trusts, Religious, Charitable, or Educational Institutions
Municipalities, Panchayats, Government, or Quasi-Government Bodies
Illiterate and blind persons are also eligible to open accounts.

PNB Interest Rates for Tax Saver Fixed 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

PNB Special Term Deposit Scheme

PNB FD Interest Rates for Domestic/NRO Term Deposits (Below Rs. 3 Crore)

PNB FD Interest Rates for Domestic/NRO Term Deposits (Rs. 3 Crore – 10 Crore)

Features of the PNB Special Term Deposit Scheme

Eligibility Criteria for the PNB Special Term Deposit Scheme

PNB Interest Rates for Tax Saver Fixed Deposit Scheme

Explore More Under PNB Fixed Deposits

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