Punjab National Bank (PNB) offers fixed deposit schemes with different interest rates depending on the investment period and the depositor’s age. Customers considering a ₹5 lakh fixed deposit can compare the available rates to estimate their potential returns.
The interest rate for a fixed deposit varies for regular customers, senior citizens and super senior citizens. Under the 390-day FD rates mentioned in the supplied information, the returns differ across these categories. However, the figures provided in the article contain conflicting rates for this tenure, so investors should verify the applicable rate with PNB before making a deposit.
PNB 390-Day FD: Estimated Returns on ₹5 Lakh
Based on the initial rates stated in the supplied information, the estimated returns on a ₹5 lakh fixed deposit for 390 days would be as follows:
| Customer category | Interest rate | Approximate interest | Estimated maturity amount |
|---|---|---|---|
| Regular customers | 6.30% | ₹34,500 | ₹5,34,500 |
| Senior citizens | 6.80% | ₹37,300 | ₹5,37,300 |
| Super senior citizens | 7.10% | ₹39,000 | ₹5,39,000 |
These figures are approximate estimates and may vary according to the bank’s interest calculation and compounding method. Tax deductions, where applicable, may also affect the final returns.
Before investing, customers should confirm the current interest rate, maturity amount and premature withdrawal conditions with the bank.
PNB FD Interest Rates by Tenure
The supplied information also lists different interest rates for domestic term deposits below ₹3 crore, with rates varying according to the deposit period and customer category. The following figures are the rates stated in the provided article, effective from May 1, 2025, and should not be treated as verified current rates.
| Fixed deposit tenure | Regular customers | Senior citizens | Super senior citizens |
|---|---|---|---|
| 7–45 days | 3.50% | 4.00% | 4.30% |
| 46–90 days | 4.50% | 5.00% | 5.30% |
| 91–179 days | 5.50% | 6.00% | 6.30% |
| 180–270 days | 6.00% | 6.50% | 6.80% |
| 271–302 days | 6.25% | 6.75% | 7.05% |
| 303 days | 6.15% | 6.65% | 6.95% |
| 1 year | 6.70% | 7.20% | 7.50% |
| 1 year to 389 days | 6.80% | 7.30% | 7.60% |
| 390 days | 7.10% | 7.60% | 7.90% |
| 391–505 days | 6.80% | 7.30% | 7.60% |
| 506 days | 6.70% | 7.20% | 7.50% |
| 507 days to 2 years | 6.80% | 7.30% | 7.60% |
| 2–3 years | 6.75% | 7.25% | 7.55% |
The supplied information also mentions special FD schemes with tenures of 1,204 days and 1,895 days, with rates depending on the applicable scheme.
What Should You Check Before Opening a PNB FD?
Before investing ₹5 lakh in a PNB fixed deposit, check the latest interest rates for your chosen tenure and customer category. Senior citizens and super senior citizens may qualify for different rates, subject to the bank’s applicable terms.
It is also important to review premature withdrawal rules, applicable taxes and the maturity amount. Comparing these details can help you understand how much your deposit may earn over the selected period.
Customers can confirm the latest rates and calculate their expected maturity amount through PNB’s official website or by visiting a bank branch.
Disclaimer
This article is for general informational purposes only. Interest rates and maturity figures are based on the information supplied and may not reflect PNB’s current deposit offerings. Actual returns depend on the applicable rate, tenure, compounding method, tax treatment and other bank conditions. Please verify all details directly with Punjab National Bank before investing. This article does not constitute financial or investment advice.