Bank FD Comparison Tool
Shriram Finance vs Punjab National Bank Fixed Deposit Comparison 2026
Compare Fixed Deposit interest rates, maturity amounts, and features between Shriram Finance (Private Sector) and Punjab National Bank (Public Sector). Analyze the security of public sector banking versus the convenience of private sector services.
Shriram Finance
Private Sector
VS
PNB
Public Sector
Shriram Finance: Min ₹1,000
PNB: Min ₹500
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) -Shriram Finance: % |PNB: %
Side-by-Side Rate Comparison
Direct comparison of general rates
Shriram Finance
PNB
Highlighted = Your selected tenure
Feature Comparison
Features | Shriram Finance Private Sector | PNB Public Sector |
|---|---|---|
Minimum FD Amount | ₹1,000 | ₹500 |
Current Interest Rate(Selected Tenure) | % | % |
Premature Withdrawal Penalty | 1% | 1% |
Official Rate Source | View Official Rates | View Official Rates |
Shriram Finance
Private Sector Bank
Key Advantages:
NBFC with competitive FD rates
Senior citizens get +0.50% additional interest
Women depositors get +0.05% additional interest
Renewal bonus: +0.15% for matured deposits
Digital FD booking available
Special scheme: 15 months (Digital Only)
Rates effective from 05.08.2025
Punjab National Bank
Public Sector Bank
Key Advantages:
Heritage bank
Wide network
Government backing
Affordable banking
Rural presence
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 Shriram Finance (₹5L) + PNB (₹5L)
For ₹15 lakhs: Add a third bank to the mix
Best of Both: Combine Shriram Finance (convenience) with PNB (security)
💡 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 Shriram Finance If:
- •Minimum amount: ₹1,000
- •Private Sector banking preference
- •NBFC with competitive FD rates
- •Senior citizens get +0.50% additional interest
- •Women depositors get +0.05% additional interest
Choose PNB If:
- •Minimum amount: ₹500
- •Public Sector banking preference
- •Heritage bank
- •Wide network
- •Government backing
Best Strategy:
- •Split large amounts across both banks
- •Keep ≤₹5L per bank for insurance
- •Use Shriram Finance for convenience
- •Use PNB for stability
- •Review rates periodically
Explore more FD comparisons
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