The PNB FD Scheme 2025 continues to be one of the most trusted fixed-income options for investors in India. Backed by Punjab National Bank’s 125+ years of legacy, this scheme offers stable returns, complete safety of capital, and flexible deposit periods to suit every financial goal.
In a year where interest rates have largely stabilised after RBI’s policy adjustments, PNB’s fixed deposits have emerged as a reliable choice for families, salaried professionals, senior citizens, and anyone looking for guaranteed income without market risk.
What Is the PNB FD Scheme?
The PNB Fixed Deposit Scheme allows customers to deposit their money for a fixed tenure and earn a guaranteed rate of interest. Whether you’re planning for a short holiday or saving for your child’s higher education, PNB offers deposit periods ranging from:
- 7 days to 10 years
Since all deposits are insured under DICGC (up to ₹5 lakh per depositor), your money stays completely safe—even during economic uncertainty.
PNB FD Interest Rates 2025
PNB offers competitive interest rates in 2025, especially for short-term and mid-term deposits. The revised rates remain unchanged since mid-2025 and continue to attract retail investors.
For Regular Citizens: 3.00% to 6.60% p.a.
- The highest interest rate applies on the 390-day FD, providing 6.60% p.a.
For Senior Citizens: 3.50% to 7.10% p.a.
- Seniors receive an additional 0.50% interest across most tenures
- The highest rate for senior citizens is 7.10% p.a. on 390 days
These rates position PNB ahead of several peer banks in the public sector category and help savers earn inflation-beating returns.
How PNB FD Interest Is Calculated
PNB offers both cumulative and non-cumulative interest options:
1. Cumulative FD (Quarterly Compounding)
Interest is added to your principal every quarter, helping your deposit grow faster.
Example:
A deposit of ₹1,00,000 for 390 days at 6.60% earns approx:
- ₹6,800 interest, totaling ₹1,06,800 at maturity
2. Non-Cumulative FD
Choose interest payouts:
- Monthly
- Quarterly
- Half-yearly
- Yearly
Best for retirees or anyone needing regular income.
PNB also provides an online FD calculator to help estimate maturity amounts accurately.
Eligibility & How to Open a PNB FD
Anyone can open a fixed deposit with ease:
Eligible Individuals
- Indian residents
- NRIs
- Minors (through a guardian)
Minimum Deposit
- ₹1,000 only
Maximum Limit
- No upper limit — suitable for bulk deposits
How to Open an FD
You can start an FD through:
- PNB Internet Banking
- PNB Mobile App (PNB ONE)
- Over 10,000 PNB branches across India
Just submit basic KYC such as Aadhaar, PAN, and proof of address.
NRI Options Available
- NRE FD
- FCNR Deposits
These allow repatriation of funds and are ideal for global investors.
Top Features & Benefits of PNB FD Scheme 2025
Loan Against FD (Up to 90%)
You can borrow up to 90% of your FD amount without breaking the deposit.
This is perfect for emergency needs and helps you avoid high-interest loans.
Nomination Facility
Available for all FDs, ensuring smooth transfer of funds.
Joint Accounts
Open an FD as individual or jointly with family members.
Premature Withdrawal
Allowed with a small penalty of 0.50% to 1%, depending on tenure and amount.
Special FD Schemes
PNB offers unique FD products, such as:
- PNB 444 Days FD at 6.40% p.a.
A popular choice for mid-term planning.
Safety & Tax Rules for PNB FDs
1. High Safety
As a government-owned bank, PNB ensures strong financial confidence. Plus, the DICGC cover of ₹5 lakh adds an extra shield of protection.
2. Taxation
- Interest is taxable as per your income slab.
- TDS is deducted at 10% if your annual interest crosses ₹40,000 (₹50,000 for seniors).
- Submit Form 15G/15H to avoid TDS if your income is non-taxable.
3. Tax-Saving FD
PNB also offers a 5-year tax-saving FD eligible for deduction under Section 80C (up to ₹1.5 lakh).
PNB FD Scheme 2025 — Quick Overview
| Feature | Details |
|---|---|
| Tenure Range | 7 Days to 10 Years |
| Interest (Regular) | 3.00%–6.60% p.a. |
| Interest (Senior Citizens) | 3.50%–7.10% p.a. |
| Peak Rate | 6.60% for 390 Days |
| Minimum Deposit | ₹1,000 |
| Maximum Deposit | No Limit |
| Loan Facility | Up to 90% of FD |
| Premature Withdrawal | 0.50%–1% Penalty |
| Insurance Cover | ₹5 lakh (DICGC) |
| Special FD | 444 Days at 6.40% p.a. |
Why You Should Invest in PNB FD Scheme 2025
With stable repo rates and rising cost pressures, PNB’s FDs offer a safe way to grow your money at 6%–7% annual returns without any risk.
Whether you are building an emergency fund, saving for your child’s future, or diversifying your portfolio, the PNB FD Scheme 2025 offers the right balance of security, returns, and flexibility.
You can open an FD online in minutes through PNB ONE or visit your nearest branch to lock in the current rates.
