PNB FD Calculator
Calculate PNB Bank FD maturity and post-tax returns. Compare FD Rates & Returns
Plan your investments smarter
INPUTS
No deductions applicable. 7 slabs from Nil (up to Rs. 4L) to 30% (above Rs. 24L).
YOUR RETURNS
- •Tax drag: 0.83%. Your 7.00% headline rate reduces to 6.17% after 15% tax on interest.
- •DICGC cover: Projected maturity of ₹6,15,720 exceeds the Rs. 5L insurance limit. Each depositor is covered up to Rs. 5L per bank, principal and interest combined.
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%)
Select Bank
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Disclaimer: 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.
Track your FDs alongside everything else
How to Use the PNB FD Calculator
Enter your Principal amount
Drag the slider or type the lump sum you plan to deposit. Range is Rs. 10,000 to Rs. 10 crore.
Set the Interest rate (% p.a.)
Use the rate offered by your bank on its latest FD (Fixed Deposit) rate card. The calculator supports 3% to 9.5%.
Choose your Tenure
Pick anywhere from 3 months to 10 years. If you need liquidity soon, Then keep tenure short to avoid premature withdrawal penalties.
Select your Tax regime
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.
Pick your applicable tax slab
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.
Read your results on the right
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.
What is a Fixed Deposit?
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?
- Oldest PSU bank: Established 1894, one of India's oldest banks
- Competitive rates: Match or beat peers on 1–2Y tenures
- Wide accessibility: 7,000+ branches nationwide
How is PNB FD Interest Calculated?
The HDFC FD Calculator computes your fixed deposit returns using the following formula:
A = P × (1 + r/n)^(n × t)
Where
- A is the maturity amount
- P is the principal
- r is the annual interest rate as a decimal
- n is the compounding periods per year (4 for quarterly)
- t is the tenure in years.
Worked Example: ₹5 Lakh PNB FD @ 6.40% for 1 Year
- P = ₹5,00,000
- r = 6.40% (PNB's 1-year rate)
- n = 4 (quarterly)
- t = 1
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.
PNB FD Interest Rates 2026
| 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 FD Rates for Senior Citizens (60+)
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% |
PNB NRE / NRI FD Rates
| 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.
Latest PNB FD Rates (Updated May 2026)
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.
Which PNB FD Fits Your Portfolio?
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).
Post-Tax Analysis: ₹5L @ 6.55% for 444 Days @ 20% Slab
- Gross interest: ₹37,400 (calculated above)
- Tax: ₹7,480
- Net yield: 5.23% p.a. effective (over 444-day period)
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).
PNB FD vs Other Investment Options
| 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) |
PNB vs Other Top Banks
| 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.
About PNB
Punjab National Bank is a Public Sector Bank established in 1894. One of India's oldest and largest banks.
| 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.
What PNB Offers for FD Investors
| 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+) |
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Get Personalized FD and Mutual Fund Recommendations
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.
Frequently Asked Questions
Yes. G-SIB + ₹5L DICGC. Oldest PSU bank (1894)
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.
As of 24 August 2026, Punjab National Bank’s 444-day special FD pays 6.60% per year, one of its highest tenures. Senior citizens earn 7.10%. Select 444 days in the calculator above to see the maturity on your amount.
Senior citizens aged 60 and above earn 7.10% per year on the Punjab National Bank 444-day special FD, an add-on of 0.50% over the standard 444-day rate. Super senior citizens may get a further premium. Tick the senior box in the calculator to apply it.
As of 24 August 2026, Punjab National Bank FD rates range from 3.00% to 6.60% per year, with the top rate in the 444-day bucket, often the 444-day special. Senior citizens get an extra 0.50%. The full table with the revision date is above.
Enter your amount, pick 444 days as the tenure, and the calculator applies the current 6.60% rate with quarterly compounding to show maturity and total interest. Toggle the senior citizen option for the higher rate. The 444-day term counts as roughly 1 year and 2.5 months.
They differ mainly on rate and lock-in. The 444-day special typically pays 6.60% versus 6.25% for the standard 1-year FD at Punjab National Bank, for only about 79 extra days locked in. The calculator shows both side by side so you can compare the maturity for your own amount and tenure.
As of 24 August 2026, the top Punjab National Bank FD rate is 6.60% per year, currently in the 444-day bucket, often the 444-day special. Standard tenures start at 3.00%, and senior citizens earn an added 0.50%.
A Punjab National Bank 1-year FD at 6.25% gives a fixed, Deposit Insurance and Credit Guarantee Corporation (DICGC) insured return up to 5 lakh. A debt mutual fund offers liquidity and potential tax efficiency but carries mark-to-market risk, so its return is not guaranteed. Which one fits depends on your time horizon, need for liquidity and tax situation, so weigh both against your own goals rather than on rate alone.
Disclaimer
This page is educational information about fixed deposits and small savings schemes. It is not investment advice or a recommendation to buy, hold or sell any product, and it does not take into account any individual investor’s financial situation, needs or goals.
Fixed deposits, Post Office Time Deposits and other small savings schemes are not securities and do not fall under the regulatory purview of SEBI. Novelty Wealth’s services in respect of such products are outside SEBI’s regulatory purview, and no recourse is available with SEBI for grievances relating to these products.
Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.