Calculate PNB Bank FD maturity and post-tax returns. Compare FD Rates & Returns
No deductions applicable. 7 slabs from Nil (up to Rs. 4L) to 30% (above Rs. 24L).
Maturity amount
₹6,15,720
after 3 years
Post-tax maturity
₹5,98,362
Total interest earned
₹1,15,720
Effective yield post-tax
6.17%
p.a.
Tax on interest
₹17,358
₹5,00,000 (81.2%)
₹98,362 (16.0%)
₹17,358 (2.8%)
Is your FD working as hard as it should?
Get your wealth check-up todayDisclaimer: This calculator assumes quarterly compounding (standard for Indian bank FDs). Post Office FDs compound annually; some NBFCs compound monthly. Tax is applied on total interest at maturity. In practice, TDS on FD interest is deducted annually (10% with PAN, 20% without). Senior citizen rates (additional 0.25-0.50%) are not differentiated. Non-cumulative FDs with periodic payouts are not modelled.
Drag the slider or type the lump sum you plan to deposit. Range is Rs. 10,000 to Rs. 10 crore.
Use the rate offered by your bank on its latest FD (Fixed Deposit) rate card. The calculator supports 3% to 9.5%.
Pick anywhere from 3 months to 10 years. If you need liquidity soon, Then keep tenure short to avoid premature withdrawal penalties.
Pick "New regime" if you do not claim deductions like 80C, HRA (House Rent Allowance), or home loan interest. Pick "Old regime" if you do.
Choose the slab that matches your annual taxable income (Nil, 5%, 10%, 15%, 20%, 25%, or 30%). This drives the TDS (Tax Deducted at Source) and post-tax yield calculation.
Check Maturity amount, Post-tax maturity, Total interest earned, Effective yield post-tax, and Tax on interest. The donut chart breaks down Principal vs Net interest vs Tax so you can see the real return after tax drag.
A fixed deposit (FD) is a financial product where you place a lumpsum with a bank for a fixed tenure at a predetermined interest rate. At the end of the tenure, you receive your principal plus the accumulated interest. Unlike a savings account, an FD locks your money for a chosen period, anywhere from 7 days to 10 years, in return for a higher, guaranteed interest rate. The rate is fixed at booking and does not change for the life of the FD, even if market rates move.
Why PNB FDs?
The HDFC FD Calculator computes your fixed deposit returns using the following formula:
A = P × (1 + r/n)^(n × t)
Where
A = 5,00,000 × (1.016)^4 ≈ ₹5,32,400
Pre-tax interest: ₹32,400
Post-tax at 20% slab:
Tax: ₹6,480
Post-tax maturity: ₹5,25,920
Effective yield: 5.18% p.a.
Current as of May 2026. Verified against Punjab National Bank's official rate sheet at pnbindia.co.in.
| Tenure | Regular Rate | Senior Citizen Rate | Premium |
| 7-14 days | 3.50% | 4.00% | +0.50% |
| 15-29 days | 3.50% | 4.00% | +0.50% |
| 30-45 days | 4.00% | 4.50% | +0.50% |
| 46-60 days | 5.00% | 5.50% | +0.50% |
| 61-87 days | 5.50% | 6.00% | +0.50% |
| 88-180 days | 6.25% | 6.75% | +0.50% |
| 6–9 months | 6.25% | 6.75% | +0.50% |
| 9–12 months | 6.35% | 6.85% | +0.50% |
| 1–2 years | 6.40% | 6.90% | +0.50% |
| 2–3 years | 6.25% | 6.75% | +0.50% |
| 3–5 years | 6.00% | 6.50% | +0.50% |
| 5–7 years | 5.95% | 6.45% | +0.50% |
| 7–10 years | 5.95% | 6.45% | +0.50% |
| 5-Year Tax Saver | 6.00% | 6.50% | +0.50% |
Highest Rate: 6.40% (1–2 years, general) / 6.90% (1–2 years, senior)
PNB's senior premium is +0.50% uniformly across all tenures. Standard across most PSU banks.
| Senior Tenure | Rate | vs Regular |
| 1–2 years | 6.90% | +0.50% |
| 3-5 years | 6.75% | +0.50% |
| 5-10 years | 6.50% | +0.50% |
| NRE FD Tenure | Interest Rate (p.a.) |
| 1–2 years | 6.00% |
| 2–3 years | 5.90% |
| 3-5 years | 5.90% |
| 5–10 years | 5.90% |
Key: NRE interest is 100% tax-free in India + fully repatriable. Rates 0.40–0.50% lower than domestic.
PNB revises rates in response to RBI monetary policy. Last revision: March 2026 when PNB held 1–2Y rates stable at 6.40%.
Currently, PNB is competitive mid-market — matches Union Bank/Canara on 1–2Y.
Verify live rates: pnbindia.co.in/deposits/fixed-deposits
Best for: Digital-first customers, those seeking 444-day tenure, HNI deposits (50L+), customers with existing ICICI accounts.
Avoid: Highest-rate seekers (better options at SBI/Canara on most tenures).
Why 444-day special? On a 1-year horizon, you'd earn ₹31,250 @ 6.25%. By extending to 444 days @ 6.55%, you earn ₹37,400—₹6,150 extra interest for ~120 additional days. Post-tax, you pocket ~₹4,300 extra (20% tax impact).
| Approach | How It Works | Best For | Post-Tax Return |
| PNB FD (1–2Y) | Lumpsum locked at 6.25%, quarterly CPD | Capital safety, 1–3 year goals | 5.0% (20% slab) |
| SBI FD (1Y) | Lumpsum locked at 6.80%, quarterly | Higher headline rate, bank ecosystem | 5.44% (20% slab) |
| Debt Mutual Fund | Diversified bond portfolio, managed by AMC | Tax-efficient (long-term), no lock-in | 5.2–6.2% (20%) |
| Liquid Mutual Fund | Overnight/money market, high liquidity | Emergency fund, short-term parking | 6.0–6.5% (20%) |
| Post Office FD (5Y) | Annual compounding, govt-backed | Seniors, rural access, tax saver | 5.36% (20% slab) |
| Bank | 1 Year | 2-3 Years | 5 Years | Senior 5Y+ |
| PNB | 6.40% | 6.25% | 6.00% | |
| SBI | 6.80% | 6.60% | 6.50% | 7.50% |
| Canara Bank | 6.85% | 6.40% | 6.00% | 6.75% |
PNB's Niche: Oldest PSU bank, but rates lag SBI/Canara. Best for loyalty to legacy PSU bank.
Punjab National Bank is a Public Sector Bank established in 1894. One of India's oldest and largest banks.
| Attribute | Value |
| Bank Name | Punjab National Bank |
| Founded | 1894 |
| Headquarters | New Delhi |
| Type/Status | PSU, G-SIB |
| MD & CEO | Sanjay Kumar (since 2019) |
| Branches | 7,000+ |
| ATMs | 8,500+ |
| Customers | 10+ crore |
| Market Cap | ~₹300 billion |
| DICGC Cover | ₹5 lakh per depositor |
G-SIB Status: (Global Systemically Important Bank) is a designation given by international regulators to the world's largest and most interconnected financial institutions.
| Product | Description |
| Regular FD | 7 days–10 years, ₹500 min online |
| Digital FD | Online-only, instant opening |
| Tax Saver FD (80C) | 5-year, Section 80C eligible |
| Flexi FD | Partial withdrawal allowed |
| NRE / NRO FD | Non-resident deposits |
| Senior Citizen FD | Dedicated senior rates (60+) |
Explore our suite of intuitive calculators designed to help you streamline your financial planning and maximize your tax efficiencies:
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Accurately compute annualized returns for irregular cash flows, multiple investments, or redemption scenarios.
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Analyze your mutual fund holdings to identify duplicate stocks and ensure true diversification.
Novelty Wealth does not just calculate FD maturity, it helps you decide whether an FD is the right destination for your money. Connect your existing portfolio and let NovaAI score every option against your goals, tax slab, and risk profile.
As of May 2026, PNB rates range from 3.50% to 6.40% (1–2 years). Senior citizens earn +0.50% premium. Verify at pnbindia.co.in.
Yes. G-SIB + ₹5L DICGC. Oldest PSU bank (1894)
SBI (6.80%) beats PNB (6.40%) by 40 bps. Choose SBI unless you're a PNB customer.
Yes. Premature withdrawal: 1% penalty below rate.
₹500 (online), ₹1,000 (branch)
+0.50% uniformly. Maximum 6.90% on 1–2 years.
Yes. 5.90–6.00% (fully tax-free).
Only if you're an existing PNB customer. SBI/Canara better rates for general savers.
At 20% slab: 6.40% × 0.80 = 5.12% vs debt fund 6% with 20% LTCG = 4.80%. PNB wins marginally.
Not for FD safety (all major banks equally safe). Matters only for brand loyalty + branch relationships.