PNB provides interest on fixed deposits at different rates ranging from 3.50% per annum to 7.25% per annum. The highest interest rate is 7.25% which is for deposits less than INR 2 crores. These schemes range from a tenure of 7 days to 10 years.
Punjab National Bank provides competitive interest rates along with some benefits like flexible tenure, nomination facility, loan options, etc. The interest rates on PNB FDs vary depending on the tenure and the market conditions.
PNB Fixed Deposit (FD) Interest Rates Highlights
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Highest slab rate
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7.25% p.a. (for 666 days)
|
|
For 1 year
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6.80% p.a.
|
|
For 2 years
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6.80% p.a.
|
|
For 3 years
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7.00% p.a.
|
|
For 4 years
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6.50% p.a.
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For 5 years
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6.50% p.a.
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Tax-Saving FD
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6.50% p.a.
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PNB FD Interest Rates 2023
PNB FD Rates on Domestic/NRO deposits of less than Rs 2 crore w.e.f. 20 February 2023
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Tenure
|
Interest Rates (% p.a.)
|
|
Regular Citizens
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Senior Citizens
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Super Senior Citizens
|
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7 to 14 days
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3.50
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4.00
|
4.30
|
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15 to 29 days
|
3.50
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4.00
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4.30
|
|
30 to 45 days
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3.50
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4.00
|
4.30
|
|
46 to 90 days
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4.50
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5.00
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5.30
|
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91 to 179 days
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4.50
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5.00
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5.30
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180 to 270 days
|
5.50
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6.00
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6.30
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|
271 days to less than 1 year
|
5.80
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6.30
|
6.60
|
|
1 year
|
6.80
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7.30
|
7.60
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Above 1 year to 665 days
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6.80
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7.30
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7.60
|
|
666 days
|
7.25
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7.75
|
8.05
|
|
667 days to 2 years
|
6.80
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7.30
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7.60
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|
Above 2 years to 3 years
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7.00
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7.50
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7.80
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Above 3 years to 5 years
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6.50
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7.00
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7.30
|
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Above 5 years to 10 years
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6.50
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7.00
|
7.30
|
Note: The additional senior citizen rates are not applicable for NRO deposits
PNB Tax Saver FD Rates
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Tenure
|
Interest Rates (% p.a.)
|
|
For General Public
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For Senior Citizens
|
|
5 years
|
6.50
|
7.00
|
|
Above 5 years to 10 years
|
6.50
|
7.00
|
PNB Fixed Deposit Interest Rates on Domestic Bulk Fixed Deposits from Rs 2 crore to Rs 10 crore w.e.f. 1 January 2023
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Tenure
|
Interest Rates (% p.a.)
|
|
7 days to 14 days
|
5.50
|
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15 days to 29 days
|
5.50
|
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30 days to 45 days
|
5.50
|
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46 days to 90 days
|
5.50
|
|
91 days to 179 days
|
6.00
|
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180 days to 270 days
|
6.25
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271 days to less than 1 year
|
6.25
|
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1 year
|
6.75
|
|
Above 1 year to 2 years
|
6.50
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Above 2 years to 3 years
|
6.50
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Above 3 years to 5 years
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6.25
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|
Above 5 years to 10 years
|
5.60
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PNB FCNR (B) Fixed Deposit Interest Rates w.e.f. 1 February 2023
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Currency/Tenure
|
Interest Rates (% p.a.)
|
|
1 year to less than 2 years
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2 years to less than 3 years
|
3 years to less than 4 years
|
4 years to less than 5 years
|
5 years only
|
|
USD#
|
5.30
|
4.80
|
4.50
|
4.50
|
4.50
|
|
GBP#
|
4.43
|
3.53
|
3.53
|
3.53
|
3.53
|
|
EUR#
|
1.96
|
1.96
|
1.96
|
1.96
|
1.96
|
|
JPY
|
0.09
|
0.04
|
0.04
|
0.04
|
0.04
|
|
CAD
|
4.51
|
4.51
|
4.51
|
4.51
|
4.51
|
|
AUD
|
3.40
|
3.40
|
3.40
|
3.40
|
3.40
|
#The interest rates are applicable for deposits of less than Rs 10 lakhs
PNB Credit Cards Against FD
|
Particulars
|
PNB Visa Signature Credit Card
|
Millennial Credit Card
|
|
Card Limit
|
Up to 80% of FD
Minimum Limit: Rs 1.25 lakhs
Maximum Limit: Rs 15 lakhs
|
Up to 80% of FD
Minimum Limit: Rs. 50, 000
Maximum Limit: Rs 10 lakhs
|
|
Minimum FD
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Rs 1.6 lakhs
|
Rs 65, 000
|
|
Joining Fee
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Rs 1, 500
|
Rs 399
|
|
Annual Fee
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Rs 2, 000 p.a. (waived on spending Rs 3 lakhs in the previous financial year)
|
Rs 999 p.a. (waived on spending Rs 1 lakh in the previous financial year)
|
|
Add on Card Fee
|
Rs 500
|
Rs 399
|
|
Finance Charges
|
19.56% p.a.
|
19.56% p.a.
|
Types of PNB FD Schemes
- PNB Ordinary Term Deposit Scheme
- PNB Tax Shield – Fixed Deposit Scheme
- PNB Pranam Fixed Deposit Scheme
- PNB Uttam – Non Callable Deposit Scheme
Schemes covered under E – FD i.e. through internet banking
- This scheme is applicable to internet banking users only.
- All the accounts of the customers shall fulfill KYC compliance.
- It is applicable to existing account holders of Savings or Current account.
- Valid PAN card is also required.
- The mode of operation, nomination and preferential rate will remain the same as in the underlying savings or current account for which the FD is to be funded.
- For loan purposes, the account holder shall visit home branch.
- Auto renewal is allowed for maturity value.
- In case of non-renewal, the amount will be credited to the same account from which the FD was funded.
- Premature withdrawal is also permitted.
- TDS certificate will also be issued.
- Nomination facility is also available.
Below mentioned are the schemes that also helps in meeting the objectives of investment in FD with the help of internet banking:
- PNB Bulk Fixed Deposit Scheme
- Annuity Term Deposit Scheme for victims of road accidents
- PNB Floating rate Fixed Deposit Scheme
- PNB Mibor Linked Notice Deposit Scheme
- PNB NRE Rupee Sugam Term Deposit Scheme
- PNB NRO Rupee Sugam Term Deposit Scheme
Customer Care Facility:
Like all banks, PNB also provides 24*7 customer support to its account holders.
Dial 1800 180 2222 or 1800 103 2222 (toll free) or 0120 2490000 (tolled number) to connect to customer support centers
Working 24*7*365 days
Handle multi lingual languages like Tamil/ Telugu/ Kannada/ Malyalam/ Punjabi
Balance check services by calling PNB balance check number i.e. 1800 180 2223 or 0120 2303090 from the registered mobile number.
Self-services on IVRS (Interactive Voice Response System)
- Balance Enquiry
- Hot listing of debit of ATM cum Debit cards
- Mini Statement
- ATM Pin change
- Stop Payment of cheque
- Registration of Mobile Number for Debit Card Royalty Program
Services through customer services associates
- Balance Enquiry & Account related information
- Lodging of complaints for non-disbursement of cash through ATM, POSP, IMPS & bill payments failure.
- Hot listing/ Blocking of ATM card or other card related services
- Resetting of 3D secure password
- Internet banking services or mobile banking services
- Query on Loan products or deposit schemes
- Lodging of complaints
- Banking product information