If you’re someone who values safety and steady income over risky investments, the Punjab National Bank (PNB) Fixed Deposit scheme in 2025 is worth a serious look. With guaranteed returns, flexible tenures, and special benefits for senior citizens, PNB FDs remain a go-to option for salaried individuals, retirees, and anyone seeking predictable growth on their savings.
In a time when market-linked investments swing with uncertainty, an FD is like that old friend who never lets you down — stable, reliable, and low-risk.
Why Choose PNB Fixed Deposits?
Here’s the thing — PNB doesn’t just offer interest; it offers peace of mind. The bank’s Fixed Deposit (FD) plans come with:
- Assured returns regardless of market conditions
- Flexible tenures ranging from 7 days to 10 years
- Higher rates for senior citizens (an extra 0.50%)
- Choice of payout — cumulative (interest paid at maturity) or non-cumulative (monthly, quarterly, or yearly payouts)
So whether you’re saving for a short-term goal or planning your retirement, there’s a PNB FD tailored for you.
PNB FD Interest Rates 2025 (Below ₹3 Crore)
| Tenure | General Public Rate (%) | Senior Citizen Rate (%) |
|---|---|---|
| 7 to 14 days | 3.00 | 3.50 |
| 46 to 60 days | 4.50 | 5.00 |
| 91 to 179 days | 4.90 | 5.40 |
| 180 to 270 days | 5.60 | 6.10 |
| 1 year to 2 years | 6.60 | 7.10 |
| 5 years to 10 years | 6.25 | 6.75 |
Note: These rates are effective from September 1, 2025, and may change based on bank policies.
What Makes PNB FDs a Smart Investment
For the general public, PNB offers up to 6.60% interest, while senior citizens enjoy up to 7.10%, making it one of the more competitive FD options among public sector banks.
Let’s put that into perspective:
If you invest ₹5 lakh for two years at 6.60%, you’ll earn around ₹68,000 in interest. For senior citizens, that jumps to nearly ₹73,000 — all while keeping your capital completely safe.
No stock market swings. No mutual fund volatility. Just steady, predictable returns.
Tax Benefits You Should Know
While FD interest is taxable as per your income slab, there’s a silver lining — you can save on taxes by investing in PNB’s 5-year Tax Saver FD. Under Section 80C of the Income Tax Act, you can claim a deduction of up to ₹1.5 lakh in a financial year.
However, remember: the interest earned on such deposits is still taxable, and the 5-year FD has a lock-in period — meaning no premature withdrawals are allowed.
Who Should Consider a PNB FD in 2025?
- Retirees: For stable monthly or quarterly income.
- Salaried employees: To build a low-risk savings corpus.
- First-time investors: To get guaranteed returns without market risk.
- Parents: For creating a secure education fund for children.
Simply put, PNB FDs are perfect if your goal is safety with steady growth — not speculation.
Frequently Asked Questions
Q1. What is the highest FD rate in PNB for 2025?
The highest PNB FD rate is 7.10% for senior citizens and 6.60% for the general public on deposits below ₹3 crore.
Q2. What is the minimum amount required to open a PNB FD?
You can start a PNB FD with as little as ₹1,000.
Q3. Can I get monthly interest payouts on PNB FDs?
Yes, you can choose monthly, quarterly, or annual interest payouts under the non-cumulative FD option.
Q4. Is there any penalty for premature withdrawal?
Yes, premature withdrawals are allowed but attract a 1% penalty on the applicable interest rate.