Bank FD Comparison Tool
Punjab National Bank vs Muthoot Capital Services Ltd Fixed Deposit Comparison 2026
Compare Fixed Deposit interest rates, maturity amounts, and features between Punjab National Bank (Public Sector) and Muthoot Capital Services Ltd (Private Sector). Analyze the security of public sector banking versus the convenience of private sector services.
PNB
Public Sector
VS
Muthoot Finance
Private Sector
PNB: Min ₹500
Muthoot Finance: Min ₹1,000
Security vs Convenience
DICGC Insured up to ₹5 Lakhs
Compare Your FD Returns
Adjust the parameters below to see how returns compare between the two banks
₹
Five Lakhs rupees
₹1,000₹20,00,000
years
1 year10 years
Interest Rate Comparison
Interest Rates by Tenure
General rates across different tenures
Current selection: 3 years (1095 days) -PNB: % |Muthoot Finance: %
Side-by-Side Rate Comparison
Direct comparison of general rates
PNB
Muthoot Finance
Highlighted = Your selected tenure
Feature Comparison
Features | PNB Public Sector | Muthoot Finance Private Sector |
|---|---|---|
Minimum FD Amount | ₹500 | ₹1,000 |
Current Interest Rate(Selected Tenure) | % | % |
Premature Withdrawal Penalty | 1% | 1% |
Official Rate Source | View Official Rates | View Official Rates |
Punjab National Bank
Public Sector Bank
Key Advantages:
Heritage bank
Wide network
Government backing
Affordable banking
Rural presence
Muthoot Capital Services Ltd
Private Sector Bank
Key Advantages:
NBFC with attractive interest rates up to 9.20% p.a. for senior citizens (Maturity Scheme)
Senior citizens get +0.25% additional interest on all schemes
Maturity Scheme (Cumulative Deposits) with annualized yield up to 10.08%
Monthly Income Plan, Annual Scheme, and Maturity Scheme available
Flexible tenure from 12 to 60 months
Guaranteed returns
Easy documentation process
Minimum deposit: ₹1,000
Deposits accepted only in the state of Kerala
Rate of interest for deposits above ₹3 Crores may vary
Non-Resident Senior Citizens not eligible for additional 0.25% interest
Important: Fixed Deposit Safety & Insurance Coverage
₹5 Lakh Insurance Limit
The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakhs per depositor per bank. This means if you deposit more than ₹5 lakhs in a single bank, only ₹5 lakhs is guaranteed by the government.
⚠️ Recommendation:
Never deposit more than ₹5 lakhs in a single bank. If you have larger amounts, distribute them across multiple banks to ensure full insurance coverage.
Smart Distribution Strategy
For ₹10 lakhs: Split between PNB (₹5L) + Muthoot Finance (₹5L)
For ₹15 lakhs: Add a third bank to the mix
Best of Both: Combine PNB (security) with Muthoot Finance (convenience)
💡 Pro Tip:
You can also open FDs in different family members' names in the same bank to get additional ₹5 lakh coverage for each account holder.
Key Insights & Recommendations
Choose PNB If:
- •Minimum amount: ₹500
- •Public Sector banking preference
- •Heritage bank
- •Wide network
- •Government backing
Choose Muthoot Finance If:
- •Minimum amount: ₹1,000
- •Private Sector banking preference
- •NBFC with attractive interest rates up to 9.20% p.a. for senior citizens (Maturity Scheme)
- •Senior citizens get +0.25% additional interest on all schemes
- •Maturity Scheme (Cumulative Deposits) with annualized yield up to 10.08%
Best Strategy:
- •Split large amounts across both banks
- •Keep ≤₹5L per bank for insurance
- •Use PNB for stability
- •Use Muthoot Finance for convenience
- •Review rates periodically
Explore more FD comparisons
Looking for a different bank matchup? Use these quick links to jump to other FD comparisons.
Compare PNB with other banks
Compare Muthoot Finance with other banks
Ready to Invest in Fixed Deposits?
Use our individual bank calculators for detailed planning