PNB FD Interest Rates

In last post, we have posted detail information regarding SBI fd rates. Now its time to cover Punjab national fixed deposit rates for 2016. Today i surprised to see PNB fixed deposit interest rates from official bank website. Punjab national bank is much better than state bank of India for both long and short term deposits.

punjab-national-bank

For saving accounts, Punjab national bank provides 4% p.a, which is quite Good. You can see details in chart, these rates are for amount up to 10 Crores. Below rates are effective from 8 March, 2016.

PNB Interest rates on domestic & NRE term deposits:

TIME PERIODINTEREST RATES
For Deposits Below 1 CroreFor Deposits for 1-10 Crore
7 – 14 Days4.255.00
15 – 30 Days4.255.00
31 – 45 Days4.755.00
46 – 60 Days6.256.00
61 – 90 Days6.256.00
91 Days – 180 Days6.506.00
181 Days – 270 days7.006.50
271 Days – 1 year7.006.50
1 Year – 2 Years7.507.00
2 Years – 3 Years7.256.75
3 Years – 5 Years7.256.75
5 Years – 10 Years7.256.75

Bulk deposit rates:

TIME PERIODINTEREST RATES
10-100 CroresAbove 100 Crores
7 – 14 Days5.005.00
15 – 30 Days5.005.50
31 – 45 Days5.005.00
46 – 60 Days6.006.00
61 – 90 Days6.006.00
91 Days – 180 Days5.745.74
181 Days – 270 days6.496.49
271 Days – 1 year6.496.49
1 Year6.956.95

Table updated: 2 April, 2016

Calculate maturity value now

In case of Punjab national bank, fixed deposit interest rates is better than sbi for above 91 days. You can compare with all other Indian banks fd rates before opening fd account in Punjab national Bank.

Important notes:

  • For senior citizens, extra .50% is applicable for deposits below 1 crore only.
  • PNB tax saver scheme offers 7.25% interest for above 2-10 years deposits only.

Get more details from official bank website @ http://www.pnbindia.in/En/ui/DepositInterestRates.aspx

16 Comments on PNB FD Interest Rates

  1. FD rates for sr citizen for 5 to 10 year period quarterly interest taking. I am a retired PSU employee. I need quarterly. Interest.

  2. One lac par 3 year or 5 or 10 year FD Karen par interest kit a melaga or TD hoga yanhi and online and ATM k dear a FD kase kare tell me.

  3. What is interest rate of fd for senior citizen for 2-3 yrs. i want to fix ( FD) 10000/-amount for 5 years after that how much amount i can recieve from PNB?

  4. I am 29 yr old, I have a student account(zero balance) in PNB, my salary account is in other bank. How can I get maximum interest on my money.

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