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.

Every investor needs a PNB FD interest rates calculator. It assists you in rapidly and precisely calculating the maturity value and total interest that you will receive on your investment. By comparing various deposit amounts and tenures, the PNB FD calculator helps you make an informed choice while saving you time.

1. Enter the principal deposit amount.
2. Select the desired tenure in years, months, or days.
3. Choose the applicable interest rate (for general or senior citizens).
4. Specify the interest payout frequency (cumulative or non-cumulative).

To help you visualise your returns before investing, the calculator will display the precise maturity value, for instance, if a general customer invests ₹5,00,000 for a two-year period at a PNB Bank FD interest rate of 6.40% annually.

• 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.

• Cumulative Option: The interest is compounded quarterly and paid out along with the principal amount at maturity. This is the best option for long-term investors.
• Non-Cumulative Option: Interest is paid out at regular intervals (monthly or quarterly). This is ideal for those who need a regular income stream from their investments.

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.

Your income tax slab determines how much interest you pay on a PNB fixed deposit. If interest exceeds ₹40,000 for regular customers and ₹50,000 for senior citizens in a fiscal year, PNB will deduct TDS (Tax Deducted at Source). The TDS rate is 20% if your PAN is not provided. If your total income is less than the taxable limit, you can avoid the TDS deduction by submitting Form 15G or 15H to the bank.

To cover expenses without compromising your deposit, you can obtain a secured loan against your PNB FD. Up to 90% of the FD value may be lent. Usually, the interest rate is between one and two percent higher than your FD rate. While your FD continues to generate its guaranteed return, this is a fantastic way to access money.

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 Net Banking/App: If you are an existing customer, you can open an FD through PNB's internet banking or mobile app in a few simple steps.
• Branch Visit: You can visit any PNB branch, fill out the application form, and submit the required documents along with the deposit amount.