PNB FD Calculator – Punjab National Bank

Punjab National Bank Fixed Deposits Explained

Punjab National Bank offers retail term deposits from 7 days to 10 years, and following the amalgamation of Oriental Bank of Commerce and United Bank of India into it on 1 April 2020 it operates the second-largest branch network among Indian public sector banks. Deposits opened at any former OBC or United Bank branch now run on the PNB product range and rate card, under PNB IFSC codes.

PNB FD Schemes You Can Open

PNB's term deposit range separates by how interest is treated rather than by branded scheme:

• •Cumulative term deposit — Interest compounds quarterly and is paid with the principal at maturity. This is the structure the calculator above models.
• •Non-cumulative term deposit — Interest is paid out monthly or quarterly as income instead of compounding, so the total return is lower at the same rate.
• •Tax-saving deposit (5-year) — Qualifies under Section 80C within the ₹1,50,000 annual ceiling. Locked for the full term with no premature closure and no loan against it.
• •Senior citizen variant — Carries the rate increment PNB extends to resident depositors aged 60 and above across eligible tenures.

PNB FD Tenure Slabs and Deposit Rules

Tenure decides how the interest is worked out, not just how long the money is tied up. Below roughly six months there is no completed quarter, so interest is simple; past that it compounds quarterly.

How to Check PNB FD Interest Rates

PNB FD rates are quoted per tenure slab and revised as policy and funding needs shift, so a one-year and a three-year deposit opened on the same morning can price differently.

PNB publishes its domestic term deposit card on pnbindia.in and inside PNB ONE, quoted per tenure slab with a separate senior citizen column. Special-tenure deposits, when open, are listed alongside the standard slabs. Used as a PNB FD interest rates calculator, the tool above needs only the slab rate and your tenure to return an exact maturity figure.

Take the current Punjab National Bank fixed deposit rates for your exact tenure from the official card, then enter that number above.

What Is Specific to a PNB FD

• •The 2020 amalgamation of OBC and United Bank of India means former customers of either now transact on PNB terms and IFSC codes — verify the code before funding a deposit by transfer.
• •The post-merger branch network is the second largest of any Indian public sector bank, with particular depth across the north.
• •Deposits can be serviced at any PNB branch, not only the one where the account was opened.
• •PNB ONE handles opening, renewal instructions and premature closure without a branch visit.
• •A loan or overdraft against the deposit is available, typically up to 90% of its value.

Take the rate PNB currently quotes for your chosen tenure and enter it above to see the exact maturity value and the year-by-year interest accrual.

Compare lenders on the master FD calculator, or a monthly commitment on the RD calculator.