Punjab National Bank is an Indian based bank based in the capital of India, New Delhi. The bank was founded in 1984 and is one among the Big Four Banks of India. It is considered to be the third largest bank in India by its asset size. The bank has over 6,300 branches and over 7,900 ATMs across 764 cities and it serves over 80 million customers. The bank has branches in UK, Hong Kong, Dubai, Kabul and Kowloon. The bank offers a wide range of financial services including accounts, deposits, cards, loans and much more.
Punjab National Bank Fixed Deposit for NRIs
Punjab National Bank offers fixed deposits with flexible tenures and attractive rate of interest. The bank offers different kinds of fixed deposit accounts to suit the varying needs of the investors. The bank offers Fixed Deposit accounts for NRIs too with its own set of features and benefits.
PNB NRO Fixed Deposit Rates: Below Rs.1 crore
Tenure bracket
Regular FD rates (per annum)
Senior Citizens FD rates (per annum)
7 days to 45 days
5.70
N/A
46 days to 12 months
6.35
N/A
12 months
6.75
N/A
555 days
6.85
N/A
Above 12 months to 36 months
6.75
N/A
Above 36 months to 120 months
6.25
N/A
*The Punjab National Bank NRO FD rates are subject to change as per the discretion of the bank. The rates mentioned in this table are valid as of 10 January 2020.
PNB NRO FD Rates: Rs.1 crore to Rs.10 crore
Tenure bracket
Regular FD rates (per annum)
Senior Citizens FD rates (per annum)
7 days to 14 days
6.00
N/A
15 days to 46 days
6.25
N/A
46 days to 3 months
6.55
N/A
Above 3 months to 12 months
6.50
N/A
12 months
6.75
N/A
555 days
6.85
N/A
Above 12 months to 36 months
6.50
N/A
Above 36 months to 120 months
6.25
N/A
*The PNB NRO FD rates are subject to change as per the discretion of the bank. The rates mentioned in this table are valid as of 10 January 2020.
PNB NRE FD Rates: Below Rs.1 crore
Tenure bracket
Regular FD rates (per annum)
Senior Citizens FD rates (per annum)
12 months
6.75
N/A
555 days
6.85
N/A
Above 12 months to 36 months
6.75
N/A
Above 36 months to 120 months
6.25
N/A
*The Punjab National Bank NRE FD rates are subject to change as per the discretion of the bank. The rates mentioned in this table are valid as of 10 January 2020.
PNB NRE Fixed Deposit Rates: Rs.1 crore to Rs.10 crore
Tenure bracket
Regular FD rates (per annum)
Senior Citizens FD rates (per annum)
12 months
6.75
N/A
555 days
6.85
N/A
Above 12 months to 36 months
6.50
N/A
Above 36 months to 120 months
6.25
N/A
*The PNB NRE FD rates are subject to change as per the discretion of the bank. The rates mentioned in this table are valid as of 10 January 2020.
Highest PNB NRI Deposit Rates
NRO FD rates: 6.85% p.a. for a tenure of 555 days
NRE rates: 6.85% p.a. for a maturity period of 555 days
PNB FCNR (B) Deposit Rates
Tenure
FCNR (B) FD rates (per annum)
EUR
AUD
GBP
CAD
JPY
USD
12 months to 24 months
0.09%
2.71%
1.43%
3.05
0.34%
3.63%
24 months to 36 months
0.19%
2.79%
1.62%
3.20
0.37%
3.80
36 months to 48 months
0.34%
2.86%
1.72%
3.26%
0.39%
3.83%
48 months to 60 months
0.50
3.12%
1.80
3.29%
0.41%
3.86%
60 months
0.65
3.22%
1.86%
3.31%
0.44%
3.87%
*The PNB FCNR (B) FD rates are subject to change as per the discretion of the bank. The rates mentioned in this table are valid as of 10 January 2020.
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I invested Rs. 50,000 in PNB fixed deposit it has the duration of one year then again the fixed deposit renew automatically, I am getting sms alert during the transactions. But I felt the rate of interest is lower as compared to HDFC , it would be great if they increase the interest for saving and fixed deposit.
Iam having fixed deposit with Punjab national bank ,interest is good .The banking service is good so far .I have not faced any issues so far .Money will be safe on this account .Whenever need money can take and can deposit as well .The banking service is good and satisfied so far .Will get frequent update as well.
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3
RAM BHAJAN ROY
, faridabad
Reviewed on Apr 30, 2019
I have opened Fixed deposit account through online in PNB, depend upon the customer I can chose the tenure period. The interest rate is okay for the fixed deposit and they don't have any charges for the pre matured withdrawal. I can track my deposits through online.
I have taken fixed deposit account in Punjab National Bank . They are not charging any charges for the account . I used to get income tax benefits . Am satisfied with the customer service and resonance.They are giving good rate of interest . Overall am happy with my account .
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4
ABHISHEK SINGH
, new delhi
Reviewed on Dec 06, 2018
I am having the fixed deposit account with the Punjab National bank and the services are good one. I would like to say that the rate of interest is okay one for me with the Punjab National bank. I am really happy with them till now.
I hold a fixed deposit with PUNJAB NATIONAL BANK. The rate of interest is 4.5% for one year. Even if i withdraw with in the Fixed Deposit period they do not apply any charges. The customer service and response with the fixed deposit account is great.
I put a decent amount of my Money into Fixed Deposit and PNB looked to be a perfect fit for that. I got Interest return of 7%, which I feel is quite good compared to the Market standards. The best thing about this Investment is that I can take the whole amount out of the FD any time I want even before maturity.
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10
RAMPRATAP SINGH
, new delhi
Reviewed on Dec 21, 2017
I am having the fixed deposit account with the Punjab National bank and the interest rate is around 8%. Customer service is okay for me and I have not faced any issues with them. Online banking services are not having issues with them.
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3
CHANDRASHEKARA CHARI
, bangalore
Reviewed on Oct 28, 2017
PNB is my bank as I worked as a Senior Manager there so I know how the bank works. , Interest rate offered by them was the 1.5% extra than the normal interest rate for FD because I am staff of that bank I get 6.60% for 5years. For senior citizen they give 6.25% plus some additional interest too.
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6
PREM SAGAR DHINGRA
, jalandhar
Reviewed on Sep 05, 2017
PNB Fixed deposit scheme is very good, yes it is a good bank. I am using this bank account for about 15 years . My parents are holding an account there which prompted me to open this account with this bank, it is a reputed bank too so I had taken FD from this bank. Interest rate 9%for FD and I do get tax benefit from this FD
I had invested in fixed deposit with Punjab National Bank. I have deposited ceratin amount on my account. I got good response from the bank when I opened FD. The bank was so supportive and they provided all the information regarding FD. The interest rates too are pretty attractive.
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5
MANISH SHRIVASTAVA
, indore
Reviewed on May 04, 2017
I do have fixed deposit account with the Fixed deposit and they have provided around 8.5% as interest rate. Services are perfect one for me and I do have good relationship with them because my relatives are working there. Net banking services are also working good and they are started to exhibit most of the services there.
I have taken a fixed deposit with Punjab National bank. It was a easy process to open this account. Though I have an option on the portal. I preferred visiting the bank in person and the process was completed pretty fast. The rate of interest is satisfactory too.
I hold a fixed deposit with PNB Bank. The services are average from them. When ever I contact them with a query, I do not get a very satisfactory answer. The rate of interest is normal. There are no charges taken for this facility. It would be better if there is an improvement in services.
PNB is giving 7.5% interest rate for one year fixed deposit . There is no activation charges. The minimum amount is Rs.1000. We can avail the plan through online which will be activated on the spot. If we withdraw the many in between there are no charges
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16
SUBHASH JAGAN THAKUR
, faridabad
Reviewed on Mar 18, 2016
When i opened the fixed deposit account the amount was taken from the saving so they told that there is no need of any receipt and another account number.But after seven months when i applied to break the deposit they were asking for th receipt and account number by which i am not able to break it. In the initial stage they told that for 10,000 will get 18,000 after a year but later they informed will get Rs.10,850. They are not transparent to the customer.
My fixed account is with Punjab national bank. Interest part was good. I am getting lots of offers from them. They offered me a debit card. They will provide install loan without any documents. We can use it as multiple purpose. Their fixed account is flexible for every one.
I opened an Fixed Deposit account with PNB because it is reliable to the customers. There is no need to open an savings account with them for doing any kind of investments. But if its any private bank we have to open an account as well as need to maintain some minimum balance. 9% is the rate of interest they are offering to me.
I opened an Fixed deposit account with PNB. Since it is an government sector I opened this account with them. They are very matured in banking services. It is very safe with PNB to hold an FD account, one of my friend has suggested me about this bank. They have offered me 9% interest rate which is good.
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12
MADAN CHOUDHARY
, guwahati
Reviewed on Sep 16, 2015
I am banking with only one bank that is Punjab National Bank so basis that I got this fixed deposit and rate is 7.5 to 9%. For senior citizens the interest might be 9%. I have not done the pre maturity so have no idea about the same. My banking relationship with this bank is very good and they are acting fast on my queries.
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12
SHANKARA SUBRAMANIAM B N
, chennai
Reviewed on Aug 06, 2015
Fixed Deposit
