Punjab National Bank
Fixed Deposit Calculator
Calculate your Fixed Deposit returns with latest PNB interest rates. Get accurate maturity amounts and make informed investment decisions.
Minimum amount varies by bank (typically ₹1,000)
Senior citizens get additional 0.5% interest rate
Interest rate updates automatically based on period
PNB General Rate
Auto-selected based on investment period
Your Tax Slab Rate
Used to calculate actual tax on FD interest
Select 0% if income below ₹3L
New Tax Regime (Budget 2023)
Higher exemption limit (₹3L vs ₹2.5L). Select the rate based on your total annual income.
Important Notes:
• This is your personal income tax rate, not TDS
• TDS (10%) is deducted separately if interest exceeds ₹40,000
• You can claim TDS as advance tax while filing returns
PNB Fixed Deposit Calculator Results
Compare different investment amounts and tenures
PNB Fixed Deposit Interest Rates
Latest interest rates for different tenures
Tenure | General Rate | Senior Citizen Rate |
---|---|---|
7-14 days | 3.5% | 4% |
15-30 days | 3.5% | 4.75% |
31-45 days | 4.25% | 5.25% |
46-60 days | 4.5% | 5.25% |
61-90 days | 4.5% | 5.45% |
91 days | 5% | 5.7% |
92-179 days | 5.25% | 5.75% |
180 days | 5.75% | 5.8% |
181-270 days | 5.5% | 6% |
271-364 days | 6% | 6.05% |
365 days-15 months | 6.35% | 6.25% |
15 months-18 months | 6.4% | 6.25% |
18 months-2 years | 6.4% | 6.25% |
2-3 years | 6.4% | 6.2% |
3-5 years | 6.4% | 6.2% |
5-10 years | 6.3% | 6.2% |
Important Notes
- • Min deposit: ₹500
- • Penalty: 1% on closure
- • TDS if interest > ₹40,000
- • Auto-renewal available
Key Benefits
- • Guaranteed returns
- • Higher than savings rates
- • Loan facility available
- • DICGC insured up to ₹5L
Tax & TDS on PNB Fixed Deposits
Understanding tax implications and deductions on your FD investments
Section 80C
Tax-saving FDs (5-year lock-in) qualify for deduction up to ₹1.5 lakh under Section 80C
Senior Citizens
Higher TDS exemption limit of ₹50,000 for citizens above 60 years
• Regular FDs don't qualify for Section 80C deduction
• Interest income is fully taxable as per income tax slab
• Form 15G/15H can be submitted to avoid TDS
TDS Rate
10%
Exemption Limit
₹40,000
TDS Calculation
TDS is deducted at 10% if total interest from all FDs with PNB exceeds ₹40,000 in a financial year
• TDS is deducted at source by the bank
• Form 26AS shows TDS deducted
• Can be claimed as advance tax while filing ITR
• No TDS if PAN not provided (but 20% TDS applicable)
₹5 Lakh FD
At 6.4% for 3 years
₹32,000
Annual Interest
TDS: ₹0
₹10 Lakh FD
At 6.4% for 3 years
₹64,000
Annual Interest
TDS: ₹2,400
₹25 Lakh FD
At 6.4% for 3 years
₹160,000
Annual Interest
TDS: ₹12,000
PNB FD at a Glance
Key information and features about Punjab National Bank Fixed Deposits
- Heritage bank
- Wide network
- Government backing
- Affordable banking
- Rural presence
PNB Fixed Deposit FAQs
Everything you need to know about lumpsum investments
Compare FD Rates Across Banks
Calculate Fixed Deposit returns with different banks and find the best rates
Related Calculators
Explore more financial calculators to make comprehensive financial planning decisions
Need More Calculators?
Explore our complete collection of financial calculators for all your planning needs