Punjab National Bank (PNB) FD interest rates
Indicative highest fixed-deposit rates at Punjab National Bank (PNB) for general and senior citizens, as of June 2026 — plus what your deposit would grow to.
General public · up to
6.6%
p.a. · best tenure
Senior citizens · up to
7.1%
p.a. · best tenure
Public sector bank · Indicative headline rates, as of June 2026. Actual rate varies by tenure and amount — confirm the current rate with the bank before booking.
Open a zero-balance savings account online
A fully digital Kotak811 savings account — no minimum balance, opened from your phone in minutes. · Kotak811, at no extra cost to you.
What ₹1,00,000 would grow to
At Punjab National Bank's headline general rate of 6.6%, compounded quarterly. An estimate, not a quote.
| Tenure | Interest earned | Maturity value |
|---|---|---|
| 1 year | ₹6,765 | ₹1,06,765 |
| 3 years | ₹21,699 | ₹1,21,699 |
| 5 years | ₹38,723 | ₹1,38,723 |
Want to try your own amount, tenure and rate? Open the FD calculator →
Compare FD rates at other banks
Highest general-citizen rate · indicative, as of June 2026.
| Suryoday Small Finance Bank FD ratesSmall finance | 8.1% |
| AU Small Finance Bank FD ratesSmall finance | 7.4% |
| IDFC FIRST Bank FD ratesPrivate | 7.35% |
| Yes Bank FD ratesPrivate | 7.25% |
| Bandhan Bank FD ratesPrivate | 7.25% |
| RBL Bank FD ratesPrivate | 7.1% |
| IndusInd Bank FD ratesPrivate | 7% |
| Kotak Mahindra Bank FD ratesPrivate | 6.8% |
| Federal Bank FD ratesPrivate | 6.8% |
| Canara Bank FD ratesPublic sector | 6.7% |
About Punjab National Bank fixed deposits
A fixed deposit locks your money for a chosen tenure at a rate fixed on the day you book it, so your return is known up front regardless of what happens to rates later. Punjab National Bank's best rate usually sits on a specific medium tenure (often 1–3 years) rather than the longest one — so a longer FD is not always the highest-paying. Senior citizens earn roughly 0.50% more on the same deposit.
Deposits with scheduled banks are insured by the DICGC up to ₹5 lakh per depositor per bank. Interest is taxable at your slab and TDS may apply. Because rates move with the RBI's repo rate and each bank's own funding needs, always confirm the current, tenure-wise rate on the bank's official site before you invest.
Punjab National Bank FD — FAQs
As of June 2026, Punjab National Bank (PNB) offers up to 6.6% p.a. for general citizens and up to 7.1% p.a. for senior citizens on its best tenure. The exact rate depends on the deposit tenure and amount — always confirm the current rate on the bank's official website before booking.
Senior citizens typically earn about 0.50% more than the general public on the same Punjab National Bank (PNB) FD — that's why the senior rate above (7.1%) is higher than the general rate (6.6%). Some banks add a further premium for super-senior citizens (80+).
Yes. FD interest is added to your income and taxed at your slab rate. Punjab National Bank (PNB) also deducts TDS if your interest in a year crosses ₹50,000 (₹1,00,000 for senior citizens). You can submit Form 15G/15H to avoid TDS if your total income is below the taxable limit.
The figures here are indicative headline ("up to") rates as of June 2026 and can change when the bank revises them. For the precise, tenure-wise rate that applies to your deposit, check Punjab National Bank (PNB)'s official site (linked above) before investing.