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    PNB Fixed Deposit Rates 2019

    Punjab National Bank (PNB) offers Fixed Deposits (FDs) for interest rates lying within the range of 5.75% p.a. and 7.50% p.a. The highest PNB FD interest rate is 7.50% p.a. The FD schemes come with a tenure between 7 days and 10 years.

    Best PNB FD Interest rates

    Tenure Regular FD Interest Rates (per annum) Senior Citizen FD Rates (per annum)

    7 days to 14 days

    5.75%

    6.25%

    15 days to 29 days

    30 days to 45 days

    46 days to 90 days

    6.35%

    6.85%

    91 days to 179 days

    111 days

    6.50%

    7%

    180 days to 270 days

    6.35%

    6.85%

    222 days

    6.60%

    7.10%

    271 days to less than a year

    6.35%

    6.85%

    333 days

    6.95%

    7.45%

    1 year

    7%

    7.50%

    555 days

    6.85%

    7.35%

    1 year 1 day to less than 3 years

    6.75%

    7.25%

    3 years 1 day to 5 years

    6.25%

    6.75%

    5 years 1 day to 10 years

    6.25%

    6.75%

    *Above rates are for deposits under Rs. 2 crore

    Note: The FD interest rates are effective as of 1 May 2019. It can change at the discretion of the bank.

    Highlights of PNB FD Rates
    • Range of rates available for FD schemes: 5.75% p.a. to 7.50% p.a.
    • Highest PNB FD rate is 7.50% p.a.
    • PNB Tax Saver FD rate: 7.25% p.a.
    • Highest PNB Uttam deposit scheme: 7.10% p.a.
    More
    Punjab National Bank Fixed Deposit
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6.5% - 6.75% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹1Cr
    7 Days to 10 Years
    4.25% - 7.25% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.6% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.72% - 8.65% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    PNB Fixed Deposit Rates 2019 is Rated as "Excellent!" by 48 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    Punjab National Bank FD rates

    Minimum and Maximum PNB Bank fd interest rates 2019 for Regular and Senior Citizen

    Punjab National Bank (PNB) offers competitive Fixed Deposit (FD) interest rates and a wide range of other benefits such as flexible tenure options, nomination facility, loan/overdraft option, etc. PNB fixed deposits offer competitive interest rates that vary depending on the time period and market conditions. Prospective customers can get information on all updated FD rates for 2019 from the below table.To apply for a PNB FD, customers can use internet banking.

    PNB Short-Term FD Rates

    The rates associated with PNB short-term deposits with tenures ranging from 7 days to 1 year ranges between 5.75% p.a. and 7% p.a. The highest interest rate offered on these deposits is 7% p.a., which is offered on a tenure of 1 year.

    PNB Medium-Term FD Rates

    The rate of interest applicable on medium-term PNB deposits with tenures more than 1 year and up to 5 years lies between 6.25% p.a. and 6.85% p.a. The highest FD rates of 6.85% p.a. is available on a tenure of 555 days.

    PNB Long-Term FD Rates

    The interest rates offered on long-term PNB deposits stands at 6.25% p.a. The tenure on long-term FD starts above 5 years and up to to 10 years.

    PNB Fixed Deposit Rates for Senior Citizens

    The rates associated with PNB deposits for senior citizens is set 0.50% higher than the regular FD rates. While the rates on long-term deposits is set at 6.75% p.a., the highest rates offered on short-term and medium-term deposits is 7.50% p.a. and 7.35% p.a. respectively.

    Interest paid by PNB on Fixed Deposits (Domestic/NRO) between Rs.2 crore and Rs.10 crore

    Tenure bracket Interest rate p.a. (General Public & Senior Citizens)

    7 days to 14 days

    6%

    15 days to 29 days

    6.25%

    30 days to 45 days

    46 days to 90 days

    6.55%

    91 days to 179 days

    6.50%

    111 days

    180 days to 270 days

    222 days

    6.60%

    271 days to less than a year

    6.50%

    333 days

    6.95%

    1 year

    7%

    555 days

    6.85%

    1 year 1 day to less than 3 years

    6.50%

    3 years 1 day to 5 years

    6.25%

    5 years 1 day to 10 years

    Note: The FD interest rates are effective as of 1 May 2019. It can change at the discretion of the bank.

    Interest paid by PNB on Tax Saver Fixed Deposits

    Depositors Tenure bracket Interest rate (p.a)

    General Public


    5 years

    5 years 1 day to 10 years

    6.25%

    Senior Citizens

    6.75%

    Staff member

    7.25%

    Retired Staff member

    7.25%

    Note: The FD interest rates are effective 1 May 2019. It can change at the discretion of the bank.

    Interest paid by PNB on PNB Uttam Term Deposit (Above Rs.15 lakh to less than Rs.2 crore)

    Tenure bracket Interest rate (p.a.)

    91 days to 179 days

    6.40%

    111 days

    6.55%

    180 days to 270 days

    6.40%

    222 days

    6.65%

    271 days to less than 1 year

    6.40%

    333 days

    7%

    12 months

    7.10%

    555 days

    7%

    1 year 1 day to 3 years

    6.80%

    3 years 1 day to 5 years

    6.30%

    5 years 1 day to 10 years

    6.30%

    Note: The FD interest rates are effective as of 1 May 2019. It can change at the discretion of the bank.

    Interest paid by PNB on PNB Uttam Term Deposit (Above Rs.2 crore to less than Rs.10 crore)

    Tenure bracket Interest rate (p.a.)

    91 days to 179 days


    6.55%

    111 days

    180 days to 270 days

    222 days

    6.65%

    271 days to less than 1 year

    6.55%

    333 days

    7%

    12 months

    7.10%

    555 days

    7%

    1 year 1 day to 3 years

    6.55%

    3 years 1 day to 5 years

    6.30%

    5 years 1 day to 10 years

    Note: The FD interest rates are effective as of 1 May 2019. It can change at the discretion of the bank.

    How to calculate PNB FD interest rate

    The interest that you will earn out of your Punjab National Bank FD can be easily calculated using a fixed deposit interest rate calculator. This tool is very useful for prospective investors because it will help them know how much to invest to get the desired returns. To calculate the total earnings you will get out of your PNB FD, there are many factors that need to be considered. Let us take a look at some of these factors below.

    Factors that affect FD maturity amount:
    • Rate of interest: The rate at which a depositor is paid is an important factor that helps calculate the returns at the time of maturity. Note that the interest rate is different for different tenures.
    • Amount invested: The principal that you invest is also a key piece of information that is needed to calculate the maturity amount using the FD calculator.
    • Time period: Along with factors such as interest rate and principal, the tenure of the investment is also crucial because different time periods offer different interest rates.
    • Compounding frequency: There are different interest compounding frequencies including monthly, quarterly, half-yearly and yearly. The time interval of interest compounding plays a pivotal role in determining the total value of the term deposit at the time of maturity
    • Taxation: The amount of Tax Deducted at Source (TDS) also makes a difference as far as the total maturity value of the deposit is concerned.

    Punjab National Bank FD interest calculator

    An FD interest calculator helps users easily calculate the total maturity value of the fixed deposit. This can be done by feeding in details such as the principal amount, rate of interest, tenure, etc. An online FD interest calculator can be used for this purpose.

    The BankBazaar FD interest calculator can be used to calculate the maturity amount of your FD. All you need to do is key in the relevant information and the results will be displayed to you in a matter of seconds. For example, if you invest Rs.1 lakh for a period of 2 years in a PNB FD scheme at the rate of 7.40% per annum, the total maturity value will be Rs.1,15,899. The total interest earned out of the term deposit scheme will be Rs.15,899.

    Key Information before Opening a Fixed Deposit

    Eligibility to Open an FD
    • Individual
    • Joint account Minor with a guardian
    • Partnership
    • Company
    • Any association or Institute
    • NRIs
    Documents Required
    • Application Form
    • Depositor’s photograph (2 copies)
    • Identity proof & Address proof as per KYC Norms
    • PAN Card copy/ Form 60 or 61
    • Aadhaar Card Details
      Benefits of a PNB FD
    • Nomination facility
    • Automatic renewal option after maturity
    • Part withdrawal facility on the deposits
    • Avail loan

    FAQs on Punjab National Bank FD

    1. Can interest rates on term deposits change from time to time?
    2. Yes. Banks may change their interest rates on term deposits at any point in time. However, you will be paid interest at the rate at which you applied for the FD.

    3. Do you have to pay tax on the interest earned on fixed deposits?
    4. Yes. The interest earned on FDs is subject to tax only if the total interest income is more than Rs.10,000 in a given financial year.

    5. What are the consequences if you do not provide PAN card details while applying for the FD?
    6. The following will be the consequences:

      • TDS will be deducted at a higher percentage of 20% as against the normal 10%
      • TDS certificate will not be issued
      • You may not receive TDS credit from the Income Tax department
      • All tax exemption certificates will be deemed null and invalid
    7. How is interest paid to a term deposit holder?
    8. The interest will be directly credited to the customer’s perspective savings bank account.

    9. 5. Is the interest rate offered on e-FDs the same as regular FDs?
    10. Yes.

    Know how to Link Your KYC Dcuments to Punjab National Bank Account

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    Punjab National Bank Fixed Deposit Reviews

    • Punjab National Bank Fixed Deposit
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      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.
      Was this review helpful? 0
      , faridabad
      Reviewed on Apr 30, 2019
    • Punjab National Bank Fixed Deposit
      "Easy online access"
      0.5 3.5/5 "Pretty good"
      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.
      Was this review helpful? 8
      , mumbai
      Reviewed on Jan 25, 2019
    • Punjab National Bank Fixed Deposit
      "Good Investment Plan"
      0.5 5.0/5 "Blown Away!"
      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 .
      Was this review helpful? 4
      , new delhi
      Reviewed on Dec 06, 2018
    • Punjab National Bank Fixed Deposit
      "Average"
      0.5 3.0/5 "Satisfactory"
      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.
      Was this review helpful? 3
      , jaipur
      Reviewed on Feb 27, 2018
    • Punjab National Bank Fixed Deposit
      "Fixed deposit with PNB"
      0.5 5.0/5 "Blown Away!"
      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.
      Was this review helpful? 3
      , noida
      Reviewed on Jan 11, 2018
    • Punjab National Bank Fixed Deposit
      "Average Investment"
      0.5 3.0/5 "Satisfactory"
      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.
      Was this review helpful? 9
      , new delhi
      Reviewed on Dec 21, 2017
    • Punjab National Bank Fixed Deposit
      "Average"
      0.5 3.0/5 "Satisfactory"
      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.
      Was this review helpful? 2
      , bangalore
      Reviewed on Oct 28, 2017
    • Punjab National Bank Fixed Deposit
      "PNB is my bank"
      0.5 5.0/5 "Blown Away!"
      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.
      Was this review helpful? 3
      , jalandhar
      Reviewed on Sep 05, 2017
    • Punjab National Bank Fixed Deposit
      "Scheme is good"
      0.5 5.0/5 "Blown Away!"
      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
      Was this review helpful? 1
      , new delhi
      Reviewed on Aug 11, 2017
    • Punjab National Bank Fixed Deposit
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      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.
      Was this review helpful? 5
      , indore
      Reviewed on May 04, 2017
    • Punjab National Bank Fixed Deposit
      "Customer service should be good and unique for everyone"
      0.5 4.0/5 "Great!"
      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.
      Was this review helpful? 5
      , ghaziabad
      Reviewed on Apr 26, 2017
    • Punjab National Bank Fixed Deposit
      "Easy & fast process"
      0.5 5.0/5 "Blown Away!"
      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.
      Was this review helpful? 7
      , ambala
      Reviewed on Aug 08, 2016
    • Punjab National Bank Fixed Deposit
      "Average Experience"
      0.5 3.0/5 "Satisfactory"
      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.
      Was this review helpful? 6
      , jammu
      Reviewed on Jul 05, 2016
    • Punjab National Bank Fixed Deposit
      "Excellent !!!!"
      0.5 5.0/5 "Blown Away!"
      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
      Was this review helpful? 15
      , faridabad
      Reviewed on Mar 18, 2016
    • Punjab National Bank Fixed Deposit
      "Never to trust"
      0.5 1.0/5 "Really Bad"
      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.
      Was this review helpful? 11
      , ghaziabad
      Reviewed on Jan 13, 2016
    • Punjab National Bank Fixed Deposit
      "Happy with them..."
      0.5 5.0/5 "Blown Away!"
      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.
      Was this review helpful? 11
      , chennai
      Reviewed on Nov 14, 2015
    • Punjab National Bank Fixed Deposit
      "lONG TERM CUSTOMER"
      0.5 3.0/5 "Satisfactory"
      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.
      Was this review helpful? 13
      , gurgaon
      Reviewed on Oct 10, 2015
    • Punjab National Bank Fixed Deposit
      "GOOD PROFIT "
      0.5 4.0/5 "Great!"
      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.
      Was this review helpful? 11
      , guwahati
      Reviewed on Sep 16, 2015
    • Punjab National Bank Fixed Deposit
      "Good.."
      0.5 4.0/5 "Great!"
      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.
      Was this review helpful? 12
      , chennai
      Reviewed on Aug 06, 2015
    • Punjab National Bank Fixed Deposit
      "Good Experience!!"
      0.5 4.0/5 "Great!"
      It is a very good experience with the Punjab National bank for the fixed deposit account. I had taken the deposit from this bank as the bank was near to my place and it is easily accessible for me. I do get a proper response from the bank whenever I approach them.
      Was this review helpful? 4
      , bangalore
      Reviewed on Jul 28, 2015
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