What is the highest PNB FD rate for senior citizens?

The highest PNB Senior Citizen FD rate is 7.10% p.a. for deposits between 5 and 10 years.

Is Punjab National Bank FD Safe for Senior Citizens?

Punjab National Bank fixed deposits are safe as deposits up to ₹5 lakh per depositor per bank are covered under DICGC insurance.

Can senior citizens get a monthly income from a PNB FD?

Yes, PNB offers non-cumulative fixed deposits where interest can be paid monthly, quarterly, half-yearly, or annually.

What is the minimum amount required to open a PNB Senior Citizen FD?

The minimum amount required to open a PNB Senior Citizen Fixed Deposit is ₹1,000.

Is interest earned on Punjab National Bank Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on Punjab National Bank Senior Citizen Fixed Deposits is taxable as per the applicable income tax slab. Banks may deduct TDS if annual FD interest exceeds the prescribed threshold limit.

PNB Senior Citizen Fixed Deposit Rates

Name: PNB Senior Citizen FD Rate
Brand: Interest Rates
Rating: 4.7 (10041 reviews)

Punjab National Bank offers attractive FD rates for senior citizens ranging from 3.50% to 7.10% p.a. across tenures of 7 days to 10 years. Continue reading for the latest PNB Senior Citizen FD rates and special FD schemes for senior citizens.

PNB Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.10%
FD Tenure Range	7 to 10 Years
Minimum FD Amount	Rs. 1000/-
Premature Withdrawal Facility	Available with a penalty of 0.5% to 1%
Loan Against FD	Up to 90% of the fixed deposit amount.

Punjab National Bank Senior Citizen FD Rates (Less Than ₹3 Crore)

The table below provides a detailed breakdown of PNB Senior Citizen FD rates for fixed deposits below ₹3 crore across different tenure options

Tenure	Senior Citizen FD Rates (per annum)
7 to 14 Days	3.50
15 to 45 Days	3.50
46 to 90 Days	5.00
91 to 154 Days	5.40
155 Days	6.05
156 Days to 179 Days	5.40
180 to 270 Days	6.10
271 Days to 302 Days	6.10
303 Days	6.05
304 Days to >1 Year	6.10
1 Year	6.75
>1 Year to 389 Days	6.80
390 Days	6.80
391 Days to 443 Days	6.80
444 Days	7.10
445 Days to 665 Days	6.80
666 Days	7.00
667 Days to 2 Years	6.80
>2 to 3 Years	6.80
>3 Years to 1203 Days	6.85
1204 Days	6.80
1205 Days to 5 Years	6.85
>5 Years to 10 Years	6.80

ALSO READ: Senior Citizen Fixed Deposit Interest Rates

Use the PNB FD Calculator below to estimate the maturity amount and interest earned on your Punjab National Bank fixed deposit based on your investment amount, tenure, and applicable FD rate.

PNB Super Senior Citizen FD Rates

The Punjab National Bank offers an additional interest rate to super senior citizens, typically individuals aged 80 years and above. Here is a breakdown of PNB super senior citizen fixed deposit rates:

Tenure	Super Senior Citizen FD Rates (per annum)
7 to 14 Days	3.80
15 to 45 Days	3.80
46 to 90 Days	5.30
91 to 154 Days	5.70
155 Days	6.35
156 Days to 179 Days	5.70
180 to 270 Days	6.40
271 Days to 302 Days	6.40
303 Days	6.35
304 Days to >1 Year	6.40
1 Year	7.05
>1 Year to 389 Days	7.10
390 Days	7.10
391 Days to 443 Days	7.10
444 Days	7.40
445 Days to 665 Days	7.10
666 Days	7.30
667 Days to 2 Years	7.10
>2 to 3 Years	7.10
>3 Years to 1203 Days	7.15
1204 Days	7.10
1205 Days to 5 Years	7.15
>5 Years to 10 Years	6.80

ALSO READ: Union Bank of India Senior Citizen Fixed Deposit Interest Rates

Compare Punjab National Bank Senior Citizen FD Interest Rates with Other Banks

Several banks currently offer higher interest rates than Bank of India for specific tenures. The table below compares PNB senior citizen Fixed Deposit rates with other banks' FD rates.

Bank	Highest Rate
Punjab National Bank	7.10% (444 Days)
Shivalik Small Finance Bank	8.30% (21 to 22 Months)
Suryoday Small Finance Bank	8.25% (30 Months)
Utkarsh Small Finance Bank	8.25% (666 Days)
Jana Small Finance Bank	8.00% (370–380 Days)
Mahindra Finance	7.80% (48 to 60 Months)
Yes Bank	7.75% 18 < 24 months and 36 to < 60 months)
Indusind Bank	7.75% (24 to 36 Months)
Shriram Finance Bank	7.75% (36 to 60 Months)
Bajaj Finance	7.75% (31 to 60 Months)
RBL Bank	7.70% (18 to 36 months)
Sundaram Finance	7.50% (24 to 60 Months)
Bank of India	7.45% (3 years)
ICICI Housing Finance	7.35% (48 to 60 Months)
Kotak Mahindra Bank	7.30% (2 to 3 Years)
Canara Bank	7.10% (555 Days)
ICICI Bank	7.10% (3 to 5 Years)
SBI	7.05% (5 to 10 Years)
HDFC Bank	7.00% (3 to 4 Years)
Bank of Baroda	7.25% (555 Days)