PNB Housing Finance - Fixed Deposit Rates

As of October 2026, PNB Housing Finance offers a highest interest rate of 7.25% p.a. for general citizens and 7.50% p.a. for senior citizens on fixed deposits.

PNB Housing Finance is a Non-Banking Financial Company (NBFC). NBFC deposits are generally rated by credit agencies but are NOT covered by DICGC insurance. Always check the credit rating before investing.

The minimum tenure for a fixed deposit with PNB Housing Finance starts from 12 Months. Longer tenures may offer higher interest rates.

Yes, PNB Housing Finance offers an additional benefit of up to 0.25% p.a. over the general citizen rate for senior citizens (aged 60 and above).

These rates apply to domestic retail individuals making callable fixed deposits under ₹3 Crore (with premature withdrawal permitted). Deposits of ₹3 Crore and above are classified as bulk deposits and follow separate rate structures.

Yes, interest earned on fixed deposits is taxable as per your income tax slab. TDS is deducted at 10% if total interest exceeds ₹50,000 per year (₹1,00,000 for senior citizens). You can submit Form 121 (which replaced Form 15G/15H from April 2026) to avoid TDS if your total income is below the taxable limit.

PNB Housing Finance charges a flat 1% penalty. Interest is recalculated at the card rate applicable — on the booking date — for the period the deposit actually stayed, or the contracted rate, whichever is lower, and 1% is deducted from that. Deposits closed within 7 days earn no interest.

Yes, PNB Housing Finance currently offers special FD rates on select tenures that are higher than the regular rates. These are typically limited-period offers and subject to change.