PNB FD Interest Rates 2026: Latest Returns, Schemes & Calculator
04 January 2026 ·
A detailed guide to Punjab National Bank fixed deposit interest rates in 2026 for retail investors, senior citizens, and NRIs.
Introduction
PNB FD interest rates 2026 continue to make Punjab National Bank a preferred choice for investors seeking safety, stability, and predictable returns. As one of India’s largest public sector banks, PNB offers a wide range of fixed deposit schemes with interest rates ranging from 3.00% to 6.60% per annum for the general public and up to 6.90% per annum for senior citizens.
With a minimum deposit starting at just ₹100 and flexible tenures from 7 days to 10 years, PNB fixed deposits cater to conservative savers, retirees, NRIs, and high-value investors alike.
Key Highlights of Punjab National Bank Fixed Deposits
| Feature | Details |
|---|---|
| Tenure Range | 7 days to 10 years |
| Interest Rate (General Public) | 3.00% – 6.60% p.a. |
| Interest Rate (Senior Citizens) | 3.50% – 6.90% p.a. |
| Minimum Deposit | ₹100 |
| Premature Withdrawal Penalty | 1% on applicable interest rate |
PNB FD Interest Rates 2026 (Tenure-wise)
| Tenure | General Public (%) | Senior Citizens (%) | Super Senior Citizens (%) |
|---|---|---|---|
| 7 to 14 Days | 3.00 | 3.50 | 3.80 |
| 46 to 60 Days | 4.50 | 5.00 | 5.30 |
| 180 to 270 Days | 5.60 | 6.10 | 6.40 |
| 1 Year | 6.25 | 6.75 | 7.05 |
| 390 Days | 6.60 | 7.10 | 7.40 |
| 2 to 3 Years | 6.40 | 6.90 | 7.20 |
| 5 to 10 Years | 6.00 | 6.80 | 6.80 |
Highest PNB FD Rates for 2026
General Public: 6.60% p.a.
Senior Citizens: 6.90% p.a.
Super Senior Citizens: 7.40% p.a.
Best Tenure: 390 days
Punjab National Bank NRE FD Interest Rates
| Tenure | Interest Rate (% p.a.) |
|---|---|
| 1 Year | 6.25 |
| 390 Days | 6.60 |
| 2 to 3 Years | 6.40 |
| 5 to 10 Years | 6.00 |
Types of Punjab National Bank FD Schemes
| Scheme | Deposit Amount | Tenure | Premature Withdrawal |
|---|---|---|---|
| PNB Ordinary Term Deposit | ₹100 – ₹1.99 crore | 7 days – 10 years | Allowed |
| PNB Tax Shield FD | ₹100 – ₹1.5 lakh | 5 years | Not Allowed |
| PNB Pranam FD | ₹100 – ₹1.99 crore | 1 – 10 years | Allowed |
| PNB Uttam Non-Callable FD | ₹15 lakh+ | 91 days – 10 years | Not Allowed |
Term-wise PNB FD Interest Rates Overview
| Deposit Tenure | General Customers | Senior Citizens | Super Senior Citizens |
|---|---|---|---|
| Short-Term (7 days – 1 year) | 3.00% – 6.25% | 3.50% – 6.75% | 3.80% – 7.05% |
| Medium-Term (1 – 3 years) | 6.40% – 6.60% | 6.80% – 7.10% | 7.10% – 7.40% |
| Long-Term (3 – 10 years) | 5.85% – 6.40% | 6.65% – 6.80% | 6.65% – 7.20% |
Key Features and Benefits of PNB Fixed Deposits
PNB fixed deposits offer guaranteed returns with quarterly compounding and multiple interest payout options. Investors can choose monthly, quarterly, annual, or maturity payouts. Most schemes allow premature withdrawal and loan facilities, making PNB FDs suitable for liquidity-conscious investors.
For those seeking better post-tax returns, exploring high-quality bonds and alternative fixed-income products on Ultra can help diversify beyond traditional FDs.
Eligibility Criteria for PNB Fixed Deposits
Individuals (single or joint)
Senior and super senior citizens
Minors (10 years and above)
HUFs
Partnership firms and companies
Trusts, societies, and institutions
Documents Required to Open a PNB FD
PAN Card
Aadhaar Card
Passport / Driving License / Voter ID
Birth Certificate or School Leaving Certificate
Pension Payment Order (for senior citizens)
How to Invest in PNB Fixed Deposits
You can open a PNB FD through net banking, mobile banking, or by visiting a branch. Online booking allows instant FD creation and digital certificates, while branch visits offer assisted onboarding.
Tax Benefits on PNB Fixed Deposits
The PNB Tax Shield FD offers tax deduction up to ₹1.5 lakh under Section 80C with a mandatory 5-year lock-in. Interest from all other FDs is taxable as per your income slab, and TDS applies when interest crosses the prescribed limits.
Loan Against PNB Fixed Deposit
PNB allows loans up to 90% of FD value plus accrued interest, typically at 1%–2% above the FD rate, without breaking the deposit. This facility is useful for short-term liquidity needs.
Should You Invest in PNB FD in 2026?
PNB FD interest rates 2026 make these deposits suitable for conservative investors focused on capital safety. However, investors seeking higher inflation-adjusted returns may also evaluate corporate bonds, secured debentures, and diversified fixed-income options available on Ultra.
FAQs on PNB FD Interest Rates
What is the highest PNB FD interest rate in 2026?
Up to 6.60% for the public and 6.90% for senior citizens.
What is the minimum deposit for PNB FD?
₹100.
Is premature withdrawal allowed?
Yes, for most schemes, with a 1% penalty.
Are PNB FD returns guaranteed?
Yes, fixed deposits offer assured returns.