PNB’s Excellent Scheme: Punjab National Bank (PNB), one of the leading public sector banks in the country, is once again in the spotlight for its Fixed Deposit (FD) schemes. At a time when most investors are looking for safe and guaranteed return options, PNB’s FD schemes have emerged as a reliable choice. Importantly, even after the Reserve Bank of India’s repo rate cuts, PNB is offering attractive interest rates on FDs to its customers. This is why this scheme is considered beneficial for everyone, from small investors to senior citizens.
Read Here: Top 4 Upcoming Diesel SUVs in India 2026 – Torque, Mileage & Highway Comfort
How much interest is PNB offering on FDs?
Punjab National Bank’s FD schemes are ideal for those who want safe and guaranteed returns on their savings, away from market fluctuations. The bank offers FDs for periods ranging from 7 days to 10 years. Interest rates are determined based on the investment period and the investor’s category. Currently, PNB is offering interest rates ranging from 3 percent to 7.20 percent on FDs, which is considered a good rate for a public sector bank.
Special Offer for Senior Citizens
PNB’s 390-day special FD scheme is quite popular among investors. In this scheme, regular customers receive 6.40 percent interest, senior citizens receive 6.90 percent, and super senior citizens receive up to 7.20 percent interest. Additionally, for those who want to invest for a longer period, the 5-year FD can also be a better option.
Read Here: Top 4 Upcoming Diesel SUVs in India 2026 – Torque, Mileage & Highway Comfort
What return will you get on a 5-year FD?
In the 5-year FD scheme, regular investors receive approximately 6.10 percent interest. Senior citizens are receiving 6.60 percent, and super senior citizens are receiving approximately 6.90 percent interest. If a regular investor makes a fixed deposit (FD) of ₹2 lakh for 5 years, they will receive approximately ₹2,70,701 at maturity, including about ₹70,701 in interest. For senior citizens, the same investment grows to approximately ₹2,77,445, meaning a fixed return of about ₹77,445. Super senior citizens benefit the most, receiving approximately ₹2,81,568 after 5 years on a ₹2 lakh FD, which includes about ₹81,568 in interest.
PNB FD is ideal for retirement planning
PNB’s FD scheme is a good option for those preparing for retirement or looking to grow their savings without any risk. Being a government bank, it offers strong security and reliable returns to investors. Overall, if you are looking for a safe investment with a fixed and stable income, Punjab National Bank’s FD scheme can be a great option for you.