Punjab Gramin Bank FD Rates

You can open a fixed deposit account if you hold a bank account with Punjab Gramin Bank. At the moment there is no online method through which you can open an FD account, so you will have to visit the nearest Punjab Gramin Bank branch to open an FD account. Punjab Gramin Bank FD interest rates range from 3.50% p.a. to 6.85% p.a.

Updated On - 05 Sep 2025

Punjab Gramin Bank FD Interest Rates: NRO Term Deposits

Tenure  

Domestic/ NRO Term Deposits (Below Rs. 1 crore)  

7 to 14 days  

3.50%  

15 to 29 days  

3.50%  

30 to 45 days  

3.50%  

46 to 90 days  

4.75%  

91 to 179 days  

5.50% 

180 to 270 days  

6.10% 

271 days to 329 days 

6.50% 

330 days 

6.85% 

331 days to < 1 year 

6.60% 

1 year only 

6.70% 

430 days  

6.85% 

431 days to 2 years 

6.70% 

2 to 3 years 

6.50% 

> 3 to 5 years 

6.20% 

> 5 to 10 years 

6.00% 

Note: Interest Rates are effective from 13 June 2025.

PGB Tax Saver Fixed Deposits

Period

Public (General)

Sr. Citizen (Public General)

Staff Members/Retired Staff *(Super Senior Citizen)

5 years

6.70

7.30

7.70

Note: Interest Rates are effective from 10 April 2025.

Punjab Gramin Bank NRE FD Interest Rates

Tenure  

NRE Term Deposits (Below Rs. 1 crore)  

1 year only  

6.70% 

>1 year

6.60% 

430 days 

6.85% 

431 days to 2 years 

6.70% 

2 to 3 years 

6.50% 

> 3 to 5 years 

6.20% 

> 5 to 10 years 

6.00% 

Note: Interest Rates are effective from 13 June 2025.  

FAQs on Punjab Gramin Bank FD Rates

  • Will senior citizens earn additional interest rate?

    Yes, senior citizens will earn an additional interest rate of 0.5% on their fixed deposit of less than Rs.15 lakh. 

  • How much additional interest will senior citizens earn for deposits more than Rs.15 lakh?

    No additional interest rate will be offered for senior citizens if their deposits are above Rs.15 lakh.  

  • Do I need to have a bank account with Punjab Gramin Bank to open an FD account with them?

    Yes, you need to have a bank account with Punjab Gramin Bank to open an FD account with them. 

  • What is the lowest interest rate offered by Punjab Gramin Bank if you open an FD account?

    The lowest interest rate offered is 3.50% for tenure ranging between 7 days and 45 days. 

  • What is the highest interest rate offered by Punjab Gramin Bank if you open an FD account?

    The highest interest rate offered is 6.85% for tenure under the PGB Ujjwal Bhavishya scheme. 

  • Will interest be credited on a quarterly basis?

    Yes, interest will be credited at the end of each quarter. 

  • Will interest be rounded off to the nearest rupee?

    Yes, the interest earned will be rounded off to the nearest rupee. 

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