Punjab National Bank (PNB) is widely popular among Indians for its attractive fixed deposit options. Now, it is very easy to open an FD scheme in PNB online and avoid hassle-free physical banking. In this guide, we will walk you through the interest rates applicable to the different schemes for various tenures and discuss each type of fixed deposit in brief. This will enable you to compare options before investing.
Various Types of PNB FD Plans in 2025
Before finalising a PNB fixed deposit plan, go through the table below to learn about the most popular FD options available:
| FD Scheme in PNB | Particulars |
|---|---|
| Schemes Under E-FD | Facility extended to already existing PNB customers |
| Only those with active net banking facilities can use this type of account | |
| E-FDs will be issued exclusively to fund accounts with a valid PAN Card. | |
| Auto-renewal facility is available only for the maturity value. | |
| PNB Ordinary Term Deposit Scheme | Users can deposit amounts of up to ₹1,99,99,999 |
| Tenures start from as minimum as 7 days and go up to 179 days | |
| Deposits of ₹10,000 or more are eligible for a demand loan or overdraft facility, subject to a written request from the depositor | |
| Minors aged less than 10 years are not eligible | |
| PNB Floating Rate Fixed Deposit Scheme | Requires a minimum contribution of ₹1,000 and multiples thereof |
| Tenures vary from 7 days to 10 years | |
| Overdraft facility is not available for accounts opened in the name of an illiterate or visually impaired person | |
| For fixed deposits withdrawn prematurely after remaining with the bank for 5 years, the interest payable will be 1% less than the prevailing PNB FD scheme interest rate for the original deposit period at the time of opening | |
| PNB Tax Saver Fixed Deposit Scheme | Comes with a lock-in period of 5 years |
| Accepts contributions of up to ₹1.5 Lakhs in a financial year | |
| Offers an additional 0.50% interest for senior citizens and an additional 1% for staff members | |
| Interest can be paid monthly, quarterly, half-yearly or yearly. Quarterly interest is paid at a simple rate, monthly at a discounted rate and half-yearly or yearly with quarterly compounding | |
| Loans can be availed only after the lock-in period ends | |
| FD Scheme for Road Accident Victims | Curated for beneficiaries of two-wheeler insurance claims |
| Eligible parties include dependants (individually/ jointly), minors under 10 years of age under parental supervision, and minors aged above 10 on their own | |
| Tenure ranges between 12 to 120 months | |
| A savings fund account must be opened to credit the monthly interest from the fixed deposit | |
| Monthly interest will be paid at a discounted rate | |
| Nomination facility is available | |
| PNB MIBOR Linked Notice Deposit Scheme | Returns of this FD scheme in PNB are linked with the Mumbai InterBank Offer Rate (MIBOR) NSE overnight |
| Requires a single contribution of ₹10 crore | |
| Companies, High Net Worth Individuals (HNIs) and PSUs in metro cities can open this FD account | |
| PNB Special Term Deposit Scheme | Tenures range from 1 – 10 years |
| One can deposit between ₹100 and ₹1,99,99,999 | |
| PNB Sugam Fixed Deposits | Tenures start from 46 days up to 120 days |
| FDs under this scheme accept contributions between ₹10,000 and ₹10 crore | |
| No penalty is levied on premature withdrawals | |
| PNB Anupam Term Deposit Scheme | Offers a built-in overdraft facility |
| Can be maintained with a minimum deposit amount of ₹10,000 |
The table above details the different FD schemes in PNB you can avail. With this information, you are ready to make your FD investment.
However, if you are still looking for a better option with higher rates up to 9.5% and a hassle-free booking process, consider FD booking via Stable Money. Click on the ‘Start Investing’ tab to learn more!
Final Word
A FD scheme in PNB can be availed by individuals, organisations, clubs, HUFs or societies. For easier account opening and management, you can use the Stable Money platform. Here, you can get other attractive fixed deposit options too with interest rates ranging up to 9.5% per annum.
Frequently Asked Questions
For the general public, a regular fixed deposit scheme for a period of 400 days can provide 7.25% annual returns. It is the most attractive option which guarantees up to 7.75% interest for senior citizens.
The PNB fixed deposit calculator is an online tool that works on the compound interest formula. To calculate the maturity amount, you must enter the invested principal, tenure, rate of interest and finally select the frequency of compounding.
Interest rates for senior citizen FDs vary across tenures. It can go up to a maximum of 8.05% p.a., for a tenure of 400 days in the case of super senior citizens.
