PNB FD Interest Rates: If you are a PNB customer considering opening a Fixed Deposit (FD), PNB’s special tenure FD could be an excellent choice for you. Currently, PNB is offering attractive interest rates on FDs, ranging from 3% to 7.40%. Notably, the bank is offering impressive returns on its 666-day FD scheme. Let us look at the interest rates offered for this specific tenure, as well as the rates applicable to senior citizens and super senior citizens.
FD Tenures at PNB
At PNB, FD accounts can be opened for a minimum tenure of 7 days and a maximum tenure of 10 years. For the 666-day FD scheme, the bank offers interest rates ranging from 6.50% to 7.30%.
Interest Rates on PNB’s 666-Day FD
For the 666-day FD scheme, PNB offers an interest rate of 6.50% to customers aged up to 59 years. Additionally, the bank offers 7% interest to senior citizens (aged 60 years and above) and 7.30% interest to super senior citizens (aged 80 years and above). These interest rates apply to deposits of less than ₹3 crore.
Interest Rates for Senior Citizens
PNB offers senior citizens an interest rate that is 0.50% higher than that offered to regular investors on FD accounts. Additionally, this public sector bank offers an interest rate that is 0.30% higher than the standard senior citizen rate—effectively 0.80% above the regular rate—on fixed deposits for individuals aged 80 and above (often referred to as “super senior citizens”). According to available information, PNB last revised the interest rates for its FD schemes on June 1, 2026.
FD Interest Rates Depend on the Repo Rate
It is worth noting that, apart from PNB, the interest rates offered on FD accounts by major banks across the country depend on the repo rate determined by the RBI. The Reserve Bank of India’s Monetary Policy Committee holds a meeting every two months, during which the repo rate is set after considering key factors such as the state of the economy and inflation.