Punjab National Bank Fixed Deposit Interest Rates 2025 - Latest FD Rates

With a PNB FD, you can invest a lump sum for a predetermined period of time and receive a guaranteed rate of interest. A number of important factors, such as the customer category, tenure, and deposit amount, influence the PNB FD interest rate.

Like all significant banks, PNB periodically adjusts the rates on its fixed deposits in accordance with the Reserve Bank of India's (RBI) monetary policy and the state of the economy. Before making an investment, it is essential to verify the current PNB FD rates to make sure your money is growing effectively.

• Assured Returns: A PNB FD provides guaranteed returns, shielding your principal from market volatility. The fixed deposit account ensures your savings are safe.
• Loan Against FD: You can avail of a loan against your FD, which can be useful in financial emergencies without breaking the deposit. PNB provides overdraft facilities and loans against FDs.
• Flexible Tenure and Payouts: PNB offers a wide range of tenures, from 7 days to 10 years, and you can choose to receive your interest payout monthly, quarterly, or at maturity.
• Preferential Rates: Senior citizens and super senior citizens (80+) get additional interest rates, making PNB a great choice for retirees.

PNB offers a variety of fixed deposit schemes to meet different investment needs.

• PNB Balika Shiksha FD Scheme: A special FD plan for victims of traffic accidents or their dependents, along with a plan for girls' education. This is an illustration of PNB's dedication to social responsibility, which distinguishes it from other financial institutions. For victims of traffic accidents, the program is regulated by court orders.
• PNB Tax Saver FD: This scheme has a lock-in period of 5 years and helps you save tax under Section 80C of the Income Tax Act. The minimum deposit amount is just ₹100.
• PNB Growth FD: This is a deposit for a minimum deposit amount of ₹2 crore.

PNB provides flexibility in how you receive your interest.

1. PNB Special FD Schemes
   • PNB 390-Day Special FD - Up to 7.10% (Senior Citizen)
   • PNB 506-Day FD Scheme - Popular mid-term FD
   • PNB 444-Day FD Scheme - Offers attractive short-term returns
2. PNB Uttam Term Deposit Scheme
   • High-return scheme with no premature withdrawal.
3. PNB Tax Saver FD (5-Year Lock-in)
   • Tax benefits under Section 80C
   • Minimum deposit: ₹100
4. PNB Balika Shiksha FD Scheme
   • For road accident victims or dependents
   • Court-regulated deposits
5. PNB Growth FD
   • For deposits of ₹2 crore and above

Opening a PNB fixed deposits account is a straightforward process. You will need to provide the following documents:

• Identity Proof: PAN Card, Aadhaar Card, Passport, Voter ID, or Driving License.
• Address Proof: Aadhaar Card, Passport, or recent utility bills.
• Photographs: Two recent passport-size photographs.
• For NRIs: Additional documents like a valid passport and visa may be required.

• Interest is taxable based on your income slab.
• TDS applies if annual interest exceeds:
  1. ₹40,000 (general)
  2. ₹50,000 (senior citizens)
• TDS = 20% if PAN not submitted
• Submit Form 15G / 15H to avoid TDS (if eligible)

Borrow against your FD without breaking it:

• Loan up to 90% of the FD value
• Interest = FD rate +1-2%
• FD continues to earn interest

PNB offers you a credit card by using your FD as security. For people who have no credit history or low credit scores, this is a great option because it lets them establish a credit profile while keeping their FD account open.

Online

• Via PNB Net Banking or PNB Mobile App
• Instant FD creation for existing customers

Offline

• Visit any PNB branch
• Fill the FD form and submit documents