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Punjab National Bank

Fixed Deposit Rates

You are requested to reconfirm the rates from the respective banks before making any financial commitments.

a) For domestic deposits - Less than Rs. 1 cr (last revised on Jun 01, 2017)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Less than Rs. 1 cr

4.25

4.75

Calculate
15 days to 29 days Less than Rs. 1 cr

4.25

4.75

Calculate
30 days to 45 days Less than Rs. 1 cr

4.75

5.25

Calculate
46 days to 90 days Less than Rs. 1 cr

5.75

6.25

Calculate
91 days to 179 days Less than Rs. 1 cr

6.00

6.50

Calculate
Above 2 years to 5 years Less than Rs. 1 cr

6.80

7.30

Calculate
180 days to 270 days Less than Rs. 1 cr

6.25

6.75

Calculate
271 days to less than 1 year Less than Rs. 1 cr

6.25

6.75

Calculate
1 year Less than Rs. 1 cr

6.90

7.40

Calculate
Above 1 years to 2 years Less than Rs. 1 cr

6.80

7.30

Calculate
Above 5 years to 10 years Less than Rs. 1 cr

6.70

7.20

Calculate

b) For domestic deposits - Rs. 1 cr to Rs. 10 cr (last revised on Feb 03, 2017)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Rs. 1 cr to Rs. 10 cr

4.00

N.A

Calculate
15 days to 29 days Rs. 1 cr to Rs. 10 cr

4.00

N.A

Calculate
30 days to 45 days Rs. 1 cr to Rs. 10 cr

4.00

N.A

Calculate
46 days to 90 days Rs. 1 cr to Rs. 10 cr

4.00

N.A

Calculate
91 days to 179 days Rs. 1 cr to Rs. 10 cr

4.00

N.A

Calculate
180 days to 270 days Rs. 1 cr to Rs. 10 cr

4.25

N.A

Calculate
271 days to less than 1 year Rs. 1 cr to Rs. 10 cr

4.25

N.A

Calculate
1 year Rs. 1 cr to Rs. 10 cr

4.50

N.A

Calculate
Above 1 years to 2 years Rs. 1 cr to Rs. 10 cr

4.50

N.A

Calculate
Above 2 years to 5 years Rs. 1 cr to Rs. 10 cr

4.50

N.A

Calculate
Above 5 years to 10 years Rs. 1 cr to Rs. 10 cr

4.50

N.A

Calculate

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
PNB Tax Saver Fixed Deposit Scheme - 5 years to10 years Upto Rs. 1 lakh

7.20

N.A

Calculate
PNB Tax Saver Fixed Deposit Scheme - 5 Years to 10 years Upto Rs. 1 lakh

6.70

N.A

Calculate

Tax Implications:

  • The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
  • Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000

a) For NRE Fixed Deposit - Less than Rs. 1 cr (last revised on May 03, 2017)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 year Less than Rs. 1 cr 6.90 Calculate
Above 1 years to 2 years Less than Rs. 1 cr 6.80 Calculate
Above 2 years to 5 years Less than Rs. 1 cr 6.80 Calculate
Above 5 years to 10 years Less than Rs. 1 cr 6.70 Calculate

b) For NRE Fixed Deposit - Rs. 1 cr to Rs. 10 cr (last revised on Feb 03, 2017)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 year Rs. 1 cr to Rs. 10 cr 4.50 Calculate
Above 1 years to 2 years Rs. 1 cr to Rs. 10 cr 4.50 Calculate
Above 2 years to 5 years Rs. 1 cr to Rs. 10 cr 4.50 Calculate
Above 5 years to 10 years Rs. 1 cr to Rs. 10 cr 4.50 Calculate
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