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PNB Special Term Deposit Scheme
The PNB Special Term Deposit Scheme is a financial scheme offered financial offering by Punjab National Bank (PNB) designed to provide you with competitive FD interest rates 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.
Guaranteed Returns
Includes Life Cover
Completely Tax Free+
3 Benefits, 1 Plan
Maximum returns offered by:
6.9%*
(Tax-Free)
Guaranteed Plan
(By Insurance companies)4.6%*
(After Tax)
Fixed Deposit
(Offered by Banks)4.0%*
Savings Account
(Post Office)Get Guaranteed returns upto 6.9%*
Fully Tax-Free, Life Cover Included
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Home
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FD Interest Rates
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PNB FD Interest Rates
- PNB Special Term Deposit Scheme
PNB FD Interest Rates for Domestic/NRO Term Deposits (Below Rs. 3 Crore)
| Period | General Citizens | Senior Citizens |
| 7 to 14 Days | 3.00 | 3.50 |
| 15 to 29 Days | 3.00 | 3.50 |
| 30 to 45 Days | 3.00 | 3.50 |
| 46 to 60 Days | 4.50 | 5.00 |
| 61 to 90 Days | 4.50 | 5.00 |
| 91 to 179 Days | 4.90 | 5.40 |
| 180 to 270 Days | 5.60 | 6.10 |
| 271 Days to 302 Days | 5.60 | 6.10 |
| 303 Days | 5.55 | 6.05 |
| 304 Days to < 1 Year | 5.60 | 6.10 |
| 1 Year | 6.10 | 6.60 |
| > 1 Year to 389 days | 6.30 | 6.80 |
| 390 days | 6.40 | 6.90 |
| 391 Days-505 Days | 6.30 | 6.80 |
| 506 Days | 6.30 | 6.80 |
| 507 Days to 2 year | 6.30 | 6.80 |
| > 2 years to 3 years | 6.30 | 6.80 |
| > 3 years to 1203 days | 6.10 | 6.60 |
| 1204 days | 6.05 | 6.55 |
| 1205 days to 5 years | 6.10 | 6.60 |
| > 5 years to 1894 days | 6.00 | 6.80 |
| 1895 days | 6.00 | 6.80 |
| 1896 days to 10 years | 6.00 | 6.80 |
PNB Special Term Deposit Scheme w.e.f. 01.01.2026
People also read: PNB FD Interest Rates
PNB FD Interest Rates for Domestic/NRO Term Deposits (Rs. 3 Crore – 10 Crore)
| Period | General Public | PNB Uttam (Non Callable) General Citizens |
| 7 days to 14 days | 4.50 | NA |
| 15 days to 29 days | 5.00 | NA |
| 30 days to 45 days | 5.00 | NA |
| 46 days to 60 days | 5.00 | NA |
| 61 days to 90 days | 5.00 | NA |
| 91 to 179 days | 5.00 | 5.05 |
| 180 days to 270 Days | 5.80 | 5.85 |
| 271 days to 302 Days | 6.00 | 6.05 |
| 303Days ** | 5.95 | 6.00 |
| 304 Days to < 1 Year | 6.00 | 6.05 |
| 1 Year | 6.10 | 6.15 |
| > 1 Year to 389 Days | 6.15 | 6.20 |
| 390 Days | 6.20 | 6.25 |
| 391 Days to 505 Days | 6.15 | 6.20 |
| 506Days ** | 6.15 | 6.20 |
| 507 Days to 2 year | 6.15 | 6.20 |
| > 2 year to 3 years | 6.05 | 6.10 |
| > 3 year to 1203 days | 5.35 | 5.40 |
| 1204 days** | 5.30 | 5.35 |
| 1205 days to 5 years | 5.35 | 5.40 |
| > 5 years to 1894 days | 5.60 | 5.65 |
| 1895 days** | 5.60 | 5.65 |
| 1896 days to 10 years | 5.60 | 5.65 |
PNB FD Interest Rates for Domestic/NRO Term Deposits w.e.f 01.01.2026 above 3 crore. Senior citizens are not loaded with additional interest rates
People also read: FD Interest Rates
Features of the PNB Special Term Deposit Scheme
The key features of the PNB Special Term Deposit Scheme are as follows:
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Deposit Amount: The minimum deposit required is Rs. 100, in multiples of Rupee one (Re.1) up to Rs. 2,99,99,000.
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Period of Deposit: You can choose a deposit period ranging from 1 year to 10 years, including options for incomplete quarters.
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Interest: Interest rates are determined by the Card Rate as per guidelines issued by HO: IRMD, ALM Cell.
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Interest Payment Frequency: Interest can be paid monthly (at discounted rate), quarterly (at simple rate) and yearly interval (quarterly compounding).
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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.
Eligibility Criteria for the PNB Special Term Deposit Scheme
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Individuals (Single or Joint Account)
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Minors aged 10 years and above, with proof of age
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Proprietorship, Partnership, Companies, and Corporates
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Hindu Undivided Families (HUFs)
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Associations, Clubs, Societies, Trusts, Religious, Charitable, or Educational Institutions
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Municipalities, Panchayats, Government, or Quasi-Government Bodies
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Illiterate and blind persons are also eligible to open accounts.
People also read: FD Calculator
ConclusionÂ
The PNB Special Term Deposit Scheme is a flexible fixed deposit for the amount up to ₹2,99,99,999. The tenure ranges from 1 to 10 years, open to individuals and institutions, and offers options for monthly, quarterly, or yearly interest payouts. PNB also offers special rates, including the current high-yield options like the 390-day tenure under it’s PNB Special FD Schemes 2026.
FAQs
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What are the interest rates for PNB Special Term Deposit Scheme?
The interest rate for PNB Special Term Deposit Scheme ranges in between 3.00% to 6.40% p.a. for general citizens and 3.50% to 6.90% p.a. for senior citizens for deposits below 3 crore. -
What is a PNB Special Term Deposit Scheme?
The PNB Special Term Deposit Scheme is a customizable fixed deposit (FD) for diverse customers, offering investment from 1 to 10 years with flexible interest payout options (monthly, quarterly, or yearly). The minimum deposit is Rs. 100/- (in Re. 1/- increments), up to a maximum of Rs. 2,99,99,999.
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˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in