Punjab National Bank (PNB) FD Calculator 2026 — Current Interest Rates & Maturity Value
Punjab National Bank (PNB) currently offers FD interest rates starting from 6.8% p.a. for regular depositors and 7.3% for senior citizens (May 2026). A ₹5 Lakh deposit for 5 years matures to approximately ₹7.00 L (regular) or ₹7.18 L (senior). Use the calculator below to check maturity for your specific amount and tenure.
Last updated: 24 May 2026, 10:00 AM IST
Maturity Amount
₹7.00 L
at 6.8% for 5 years (quarterly compounding) at Punjab National Bank (PNB)
Punjab National Bank (PNB) — FD Details
Regular Rate
6.8% p.a.
Senior Citizen Rate
7.3% p.a.
TDS on FD Interest
TDS at 10% on annual interest above ₹40,000 (₹50,000 for seniors). PNB provides Form 16A for TDS certificates.
Premature Withdrawal
Premature withdrawal allowed. Penalty: 1% below the card rate for the period deposit has run. No premature withdrawal for tax-saver FDs (5-year lock-in).
Minimum Deposit
₹1,000 (regular), ₹500 (tax-saver)
Punjab National Bank (PNB) FD — Rates, TDS & Withdrawal Rules
A depositor places ₹5 Lakh in a Punjab National Bank (PNB) FD at 6.8% for 5 years with quarterly compounding. The maturity amount is ₹7.00 L, earning ₹2.00 L in interest. For a senior citizen at 7.3%, the same deposit matures to ₹7.18 L — an extra ₹17,422 benefit. Punjab National Bank (PNB)'s minimum deposit is ₹1,000 (regular), ₹500 (tax-saver). On premature withdrawal: premature withdrawal allowed. Penalty: 1% below the card rate for the period deposit has run. No premature withdrawal for tax-saver FDs (5-year lock-in). Regarding TDS: tDS at 10% on annual interest above ₹40,000 (₹50,000 for seniors). PNB provides Form 16A for TDS certificates. Always compare rates across tenures — the highest rate may be for a specific tenure (e.g., 1–2 years) rather than the standard 5-year term.
Data Sources
- RBI — Master Direction on Interest Rates (2026) — www.rbi.org.in
- Bank Websites — Latest FD Rates (May 2026) — www.rbi.org.in
- Income Tax Act — TDS on FD Interest (2025) — incometaxindia.gov.in
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Important: This calculator provides estimates based on the inputs and assumptions you provide. Results are mathematical projections, not financial advice or recommendations. Actual outcomes will vary based on market conditions, policy changes, individual circumstances, and factors not captured by this tool. Verify all figures independently and consult qualified professionals before making financial decisions.
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Frequently Asked Questions
What is Punjab National Bank (PNB) FD interest rate 2026?
Punjab National Bank (PNB) offers FD rates of 6.8% for regular depositors and 7.3% for senior citizens (as of May 2026). Rates vary by tenure — check the rate slab on our FD rates page.
What is the maturity of ₹5 Lakh FD in Punjab National Bank (PNB)?
At 6.8% for 5 years (quarterly compounding), ₹5 Lakh matures to approximately ₹7.00 L. Senior citizens at 7.3% get ₹7.18 L.
What is the premature withdrawal penalty at Punjab National Bank (PNB)?
Premature withdrawal allowed. Penalty: 1% below the card rate for the period deposit has run. No premature withdrawal for tax-saver FDs (5-year lock-in).
How is TDS calculated on Punjab National Bank (PNB) FD?
TDS at 10% on annual interest above ₹40,000 (₹50,000 for seniors). PNB provides Form 16A for TDS certificates.
What is the minimum FD amount at Punjab National Bank (PNB)?
The minimum FD amount at Punjab National Bank (PNB) is ₹1,000 (regular), ₹500 (tax-saver).
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Disclaimer
This calculator provides estimates based on the interest rates and tenure shown. Actual maturity may vary based on the bank's specific compounding method and any rate revisions during the tenure. Bank rates are sourced from public data and may not reflect the latest changes — always confirm with your bank before investing. TDS is deducted at source if applicable. This is not financial advice. RupayWise is not a deposit broker or financial advisor.