Punjab National Bank FD interest rates for 1, 2, 3 and 5 years
Last checked 3 November 2026. Rate card date not stated by the bank. Deposits below ₹3 crore.
Punjab National Bank pays its best rate among these terms on 5 years: 6.35%, or 6.85% for senior citizens. That ranks 16th of 33 banks we track for 5 years. On a 2-year deposit it pays less than SBI (6.40%).
PNB FD rates by term
| Term | Rate | Senior rate | ₹5 lakh becomes | Rank |
|---|---|---|---|---|
| 1 year Slab: 1 year | 6.25% | 6.75% | ₹5,31,990 | 23rd of 33 |
| 2 years Slab: 667 days to 2 years | 6.30% | 6.80% | ₹5,66,584 | 23rd of 33 |
| 3 years Slab: Above 2 years to 3 years | 6.30% | 6.80% | ₹6,03,131 | 20th of 33 |
| 5 years Slab: 1205 days to 5 years | 6.35% | 6.85% | ₹6,85,134 | 16th of 33 |
Interest compounds every quarter and is paid at maturity, before tax. Source: Punjab National Bank deposit rates. Each rate is the slab that contains that exact term.
How PNB compares
- 1 year: the highest rate we track is Ujjivan Small Finance Bank at 7.25%, 1.00 percentage points more. On ₹5 lakh that is ₹5,257 extra.
- 2 years: the highest rate we track is ESAF Small Finance Bank at 7.75%, 1.45 percentage points more. On ₹5 lakh that is ₹16,380 extra.
- 3 years: the highest rate we track is Jana Small Finance Bank at 8.00%, 1.70 percentage points more. On ₹5 lakh that is ₹30,989 extra.
- 5 years: the highest rate we track is Jana Small Finance Bank at 7.77%, 1.42 percentage points more. On ₹5 lakh that is ₹49,508 extra.
Similar banks: Bank of Baroda (6.25% for 2 years), Canara Bank (6.25% for 2 years), Central Bank of India (6.25% for 2 years), State Bank of India (6.40% for 2 years).
Amounts at PNB
- ₹1 lakh for 5 years at 6.35% becomes ₹1,37,027.
- ₹10 lakh for 5 years at 6.35% becomes ₹13,70,268.
Questions people ask
What is the PNB FD rate for 1 year?
Punjab National Bank pays 6.25% a year on a 1-year deposit below ₹3 crore (6.75% for senior citizens). ₹5 lakh grows to ₹5,31,990. The slab is "1 year".
What is the PNB FD rate for 2 years?
Punjab National Bank pays 6.30% a year on a 2-year deposit below ₹3 crore (6.80% for senior citizens). ₹5 lakh grows to ₹5,66,584. The slab is "667 days to 2 years".
What is the PNB FD rate for 3 years?
Punjab National Bank pays 6.30% a year on a 3-year deposit below ₹3 crore (6.80% for senior citizens). ₹5 lakh grows to ₹6,03,131. The slab is "Above 2 years to 3 years".
What is the PNB FD rate for 5 years?
Punjab National Bank pays 6.35% a year on a 5-year deposit below ₹3 crore (6.85% for senior citizens). ₹5 lakh grows to ₹6,85,134. The slab is "1205 days to 5 years".
Is money in a PNB FD safe?
Punjab National Bank is a public sector bank. DICGC insures deposits up to ₹5 lakh per depositor per bank, principal and interest together.
More FD rate pages
1-year FD rates · 2-year FD rates · 3-year FD rates · 5-year FD rates · Senior citizen FD rates · Tax-saver FD rates · All FD rate pages · Post office FD rates · SCSS interest rate