Punjab National Bank is one of the top public sector banks in India. After merger of OBC and UBI It has become one of the big banks in India .PNB offers Term Deposit to its customers with different rates. PNB interest rates starts from 3.00 % per annum to maximum 5.30 % per annum . You can also book your fixed deposit online. You need to have internet banking facility for FD booking.
PNB Fixed Deposit Rates
Current FD Rates in PNB (Domestic/NRE/NRO)
|Tenure||Interest Rate Below 2 Crore Per Annum||Interest Rate Below 2 Crore Senior Citizen Per Annum|
|7 Days to 14 Days||3.00 %||3.50 %|
|15 Days to 29 Days||3.00 %||3.50 %|
|30 Days to 45 Days||3.00 %||3.50 %|
|46 Days to 90 Days||3.25 %||3.75 %|
|91 Days to 179 Days||4.00 %||4.50 %|
|180 Days to 270 Days||4.40 %||4.90 %|
|271 Days to less than 1 Year||4.50 %||5.00 %|
|1 Year||5.20 %||5.70 %|
|Above 1 Year & up to 2 Years||5.20 %||5.70 %|
|Above 2 Years & up to 3 Years||5.20 %||5.70 %|
|Above 3 Years & up to 5 Years||5.30 %||5.80 %|
|Above 5 Years & up to 10 Years||5.30 %||5.80 %|
PNB Fixed Deposit Scheme
PNB Senior Citizen FD Rates
Punjab National Bank gives 0.5% extra on Senior Citizen Fixed Deposit. This facility is given on FD booked for below 2 crore.
PNB Fixed Deposit Features
1 Bank is offering fixed deposit from 7 days to 10 Years.
2 PNB FD Interest Rates start from minimum 3.00 % per annum and maximum 5.30% per annum.
3 Senior citizen will get 0.5 % extra on fixed deposit.
4 Depositor can also avail nomination facility in fixed deposit.
5 Punjab National Bank also gives auto renewal option in fixed deposit.
6 Pre mature closure or partial withdrawal facility is also available .
7 TDS is deducted when interest payable or reinvested on Fixed Deposit per customer across all PNB branches, exceeds Rs.40,000/- (Rs. 50,000/- for senior citizens) in a financial year.
You can also read about Axis Bank FD Interest Rates
PNB NRE FD Rates
PNB NRI Interest rates are available for Non Resident Indian or citizen of Indian origin . NRE fd is booked for minimum 1 year. No interest is paid if the NRE Deposit is withdrawn before 1 year.
There is no penalty on pre mature closure of NRE Fixed Deposit.
Partial or pre mature withdrawal and sweep- in facility is not allowed fd booked for 5 Crore and above.
PNB Tax Saver FD
PNB offers Tax Saver FD for resident individuals and HUF.
Minimum amount is INR 100 and in multiples of INR 100 and Maximum amount is Rs. 1.5 Lakh in a financial Year.
PNB Tax Saving fd is book for 5 year (lock in)
This fd can be booked with Monthly or quarterly payout.
In case of joint holder deposit account, tax benefit is given to first holder of the account under 80C.
PNB FD Interest Rates Today
We have given latest FD information above about PNB Fixed Deposit Interest Rate. To know the latest PNB FD Interest , You can also visit the bank website.
PNB FD Rates Calculator
You can calculate deposit rates in PNB FD Calculator. This will help you to decide the amount and tenure for your PNB Fixed Deposit.
PNB Saving Account Interest Rate
Punjab National Bank gives 3 % interest per annum on saving account up to 100 Crore. Bank gives 3.5 % on balance above 100 Crore.