What Punjab National Bank pays on a fixed deposit today, the tenure that pays the most, and where that sits against every other bank we track.
The rate
| General | Senior citizen | Best tenure |
|---|---|---|
| 6.60% | 7.10% | 444 days |
Checked at source 2 Oct 2026 · Each bank’s own rate page or rate card, deposits below ₹3 crore
The 444-day tenure is where PNB pays its best rate, which is a deliberate bucket rather than an accident — banks price one odd tenure above the ones on either side of it. Booking for 365 days or for two years will usually pay less than booking for 444 days. What a given rate turns into at maturity, after compounding, comes out of the FD calculator.
How it compares
PNB is the 8th highest of the 12 providers we track, 1.65% below Suryoday Small Finance Bank at 8.25%. The full table, with each bank’s own dated rate card, is on best FD interest rates.
A 1.65% gap is large for a deposit, and it is mostly a function of who is paying it: small finance banks price above large public sector banks because they need the deposits more. Deposits at both are covered by the same DICGC insurance up to the statutory limit per depositor per bank, which is the thing worth checking before deciding the gap is free money.
Before you break it
If you need the money before maturity, breaking the deposit costs you the premature-withdrawal penalty and resets the rate to the one that applied for the period actually held. Borrowing against the deposit instead usually keeps the rate intact — the mechanics and the typical margin are in loan against FD.
Other Punjab National Bank products
PNB’s home loan interest rate is on its own page, and everything else we hold on the bank is collected on the Punjab National Bank page.
Sources
- Each bank’s own rate page or rate card, deposits below ₹3 crore — as of 2 Oct 2026