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Punjab National Bank (PNB) is one of the biggest banks in India and is still the most favored bank for fixed deposits because of its extensive branch coverage and various tenure choices. No matter what kind of financial plan you have and how many months or years you want to lock up the money, it is always wise to learn about the latest PNB fixed deposit interest rates.
Here we will talk about the latest interest rates of PNB, special FD schemes, advantages for senior citizens, and ways to find out the estimated maturity amount with the help of the FD calculator.
This article does not constitute investment advice or a recommendation to purchase a fixed deposit with Punjab National Bank. Interest rates and other terms of the schemes may vary with Punjab National Bank.
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PNB Fixed Deposit Interest Rates in 2026
Punjab National Bank offers domestic fixed deposits with tenures ranging from 7 days to 10 years. As per the latest rates effective 1 June 2026, general customers can earn up to 6.60% p.a., senior citizens up to 7.10% p.a., and eligible super senior citizens up to 7.40% p.a. on select deposit tenures.
PNB FD rates for various tenures:
| Tenure | General | Senior Citizen | Super Senior Citizen* |
|---|---|---|---|
| 7–14 Days | 3.00% | 3.50% | 3.80% |
| 15–29 Days | 3.00% | 3.50% | 3.80% |
| 30–45 Days | 3.25% | 3.75% | 4.05% |
| 46–90 Days | 4.50% | 5.00% | 5.30% |
| 91–179 Days | 4.50% | 5.00% | 5.30% |
| 180–270 Days | 5.50% | 6.00% | 6.30% |
| 271 Days to Less than 1 Year | 6.00% | 6.50% | 6.80% |
| 1 Year | 6.25% | 6.75% | 7.05% |
| Above 1 Year to Less than 2 Years | 6.25% | 6.75% | 7.05% |
| Above 2 Years to Less than 3 Years | 6.30% | 6.80% | 7.10% |
| Above 3 Years to 5 Years | 6.35% | 6.85% | 7.15% |
| Above 5 Years to 10 Years | 6.10% | 6.60% | 6.90% |
| 444 Days (Special Tenure) | 6.60% | 7.10% | 7.40% |
| 666 Days (Special Tenure) | 6.50% | 7.00% | 7.30% |
*Additional benefits are available to eligible super senior citizens as per the bank’s policy. Rates are subject to change.
PNB Special Fixed Deposit Schemes
The other distinctive aspect of the FD portfolio offered by PNB is that of special tenures. While providing the same rate for all durations, the bank pays relatively higher interest on certain selected tenures like 444 days and 666 days. Special tenures give the customer more choices and possibly earn more interest than standard FD tenures.
Furthermore, PNB also offers ‘PNB Tax Saver Fixed Deposits’ that have a five-year lock-in period and are eligible for deduction under Section 80C of the Income Tax Act.
Latest Fixed Deposits Update:
- 30 Lakhs Fixed Deposit Interest Per Month: How Much Will You Earn in 2026?
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- Bank of Baroda Fixed Deposit Interest Rates July 2026: Rates & Schemes
Senior Citizen FD Rates at PNB
As part of the FD portfolio at Punjab National Bank, senior citizen FD rates offer additional interest over and above the card rates. Eligible super senior citizens can get additional benefits on selected retail deposits based on PNB’s policy at that time.
This enables senior citizens who are retired to earn comparatively higher interest without moving away from the PSU bank.
Considerations for Opening a PNB Fixed Deposit
Interest rates play a crucial role, but there are other things to consider as well before opening a fixed deposit account in Punjab National Bank.
Things such as the period of investment, penalty on premature closure of account, tax consequences on interest earned, and the choice of earning interest periodically or in one lump sum must be carefully considered. PNB fixed deposit accounts come with DICGC insurance cover up to the prescribed limit per depositor per bank.
| Factor | Why It Matters |
| Interest Rate | Determines the return on your deposit. |
| Tenure | Should match your financial goals. |
| Special FD Scheme | Selected tenures may offer different interest rates. |
| Premature Withdrawal | May be subject to applicable terms or penalties. |
| Deposit Insurance | Eligible deposits are covered under DICGC norms. |
Frequently Asked Questions (FAQs)
As per the latest interest rates on retail FDs effective 1 June 2026, the highest rate of interest offered by Punjab National Bank is 6.60% p.a., 7.10% p.a. for senior citizens, and 7.40% p.a. for eligible super-senior citizens on selected tenures.
The Punjab National Bank provides special FD tenures like 444 days and 666 days with interest rates different from the regular FD tenures. It is at the discretion of the bank regarding the availability of tenures and interest rates.
Yes, one can use a PNB FD calculator to know about the maturity amount after providing details such as FD amount, tenure, and the interest rate applicable.
Punjab National Bank is a public sector bank regulated by the Reserve Bank of India (RBI). FDs that qualify according to eligibility criteria are insured by the DICGC deposit insurance scheme up to an applicable limit.
Conclusion
Punjab National Bank still ranks as one of the most preferred banks for FDs, especially those who prefer the security that comes with a government-backed institution. The flexibility in tenures, the presence of unique FDs like the 444-day FD, the additional services for senior citizens, and the tax-saving FDs make Punjab National Bank an ideal choice for a variety of savings needs. Ensure you know all about the different tenures and check the interest rates from the bank before starting your FD account.
Disclaimer
Fixed returns do not constitute guaranteed or assured returns. Investments in corporate debt securities and municipal debt securities/securitized debt instruments are subject to credit risks, market risks, and default risks, including delay and/or default in payment. Read all the offer-related documents carefully. This blog/article should not be construed as financial advice or as an offer or recommendation to buy or sell any security or any products/services of/on GoldenPi or any product/services of its third-party client(s). For a detailed calculation of YTM, visit our website. T&C’s Apply.
