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Punjab National Bank
Safety:Bank Safety:Good
•✓₹5l DICGC insuredDICGC insured up to ₹5L
Bank Overview
Type
PublicHeadquarters
New DelhiFounded
1894Branches
10324DICGC Coverage
₹5 LakhsFinancial Health Indicators(FY 2026)
NNPA
0.29%Strong
CAR
13.39%Fair
PCR
90.28%Strong
LCR
130.24%Strong
CASA
37.00%Strong
Fixed Deposit (FD) Interest Rates
| TENURE | General | Senior |
|---|
•For callable FDs < ₹3 Cr•Premature withdrawal penalty applies
Savings Account Interest Rates
| Deposit Slabs | Interest Rate |
|---|
Foreign Currency Non-Resident (FCNR-B) Deposit Rates
Maturity | USD |
|---|---|
| Deposit Amount | Under $1M |
| 1 to <2 years | 5.00%BEST |
| 2 to <3 years | 3.48% |
| 3 to <4 years | 3.25% |
| 4 to <5 years | 2.96% |
| 5 years | 3.06% |
NRI Fixed Deposit Rates (NRE & NRO)
| TENURE | Interest Rate |
|---|---|
1 year | 6.25% |
Above 1 year to 389 days | 6.30% |
390 days | 6.30% |
391 to 443 days | 6.30% |
444 daysSpecial FD | 6.60%BEST |
445 to 665 days | 6.30% |
666 daysSpecial FD | 6.50% |
667 days to 2 years | 6.30% |
Above 2 to 3 years | 6.30% |
Above 3 years to 1203 days | 6.35% |
1204 daysSpecial FD | 6.30% |
1205 days to 5 years | 6.35% |
Above 5 to 10 years | 6.00% |
•For callable NRE FDs < ₹3 Cr•100% tax-free in India•Premature withdrawal penalty applies
Frequently Asked Questions
As of September 2026, Punjab National Bank offers up to 6.60% p.a. on Fixed Deposits and up to 4.25% p.a. on Savings Accounts based on the balance slabs maintained.
Yes, Punjab National Bank is a scheduled bank regulated by the RBI. Your deposits (up to ₹5 Lakhs per depositor) are insured by the DICGC, which covers principal and interest across all account types.
The minimum tenure for a fixed deposit with Punjab National Bank starts from 7 Days. Senior citizens receive an additional interest rate benefit of up to 0.80% p.a. over general citizen rates.
Punjab National Bank offers tiered interest rates ranging from 2.50% to 4.25% p.a. depending on the balance slabs maintained in the savings account.
Yes, interest earned on deposits is taxable. Savings account interest is tax-free up to ₹10,000 per year (₹50,000 for senior citizens) under Section 80TTA/80TTB. FD interest is fully taxable, and TDS is deducted at 10% if interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.
Punjab National Bank FD Calculator
Months
Days
MATURITY AMOUNT
₹1,06,450
MATURITY DATE
19 Sept 2027
Interest rate6.30% p.a.
Principal₹1,00,000
Total interest₹6,450
Indicative only. Actual figures may vary.