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PNB FD Calculator

FD Calculator PNB in India Jun 2018

Tenure Rates Maturity Amount for Rs. 1 Lakh
7 days to 14 days 5.70% to 6.20% Rs. 100,109 - Rs.100,238
15 days to 29 days 5.70% to 6.20% Rs. 100,234 - Rs.100,493
30 days to 45 days 5.70% to 6.20% Rs. 100,468 - Rs.100,764
46 days to 90 days 6.35% to 6.85% Rs. 100,800 - Rs.101,689
91 days to 179 days 6.35% to 6.85% Rs. 101,583 - Rs.103,387
180 days to 270 days 6.35% to 6.85% Rs. 103,156 - Rs.105,153
271 days to 364 days 6.35% to 6.85% Rs. 104,789 - Rs.107,008
1 year 6.60% to 7.10% Rs. 106,765 - Rs.107,291
1 year 1 day to 3 years 6.75% to 7.25% Rs. 106,943 - Rs.124,055
3 years 1 day to 10 years 6.25% to 6.75% Rs. 120,469 - Rs.195,300

Calculate FD Maturity Amount of All Banks in India

PNB FD Maturity Calculator
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PNB Fixed Deposit Calculator

PNB, a leading Public Sector Bank in India offers attractive interest rates upto 6.75% on its fixed deposits.
FD maturity amount that you will get depends upon

  • Deposit amount
  • Rate of interest
  • FD tenure
  • Compounding frequency
  • TDS applicability and TDS rate
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PNB Fixed Deposit Interest Calculator

  • In a periodic interest payout option, PNB would transfer the interest earned at each interval (say, quarterly) to your bank account. The interest would remain the same across the life of the deposit. On maturity, unless the deposit is renewed, would transfer the principal amount to your bank account.
  • In case you opt for a PNB cumulative deposit, on maturity you would get a credit for the principal and interest earned net of TDS.
  • Calculate the FD maturity amount using the FD calculator.
FD Interest Rates of All Banks

Tax on Fixed Deposit PNB

  • In case the interest earned by you across all your fixed deposits across all branches of PNB in a year exceeds 10,000, the bank must deduct TDS at 10.3%. In case your IT PAN is not updated in the PNB records, it must deduct twice the TDS at 20.6%. So, do remember to update your PAN on your FD.
  • Sorry, but we aren’t done with tax yet. This was only the TDS. Now, you would need to add the interest income on all your PNB FD’s and other FD’s to your taxable income for the year. Based upon your tax bracket, income tax is payable on this income. Remember that you must estimate the interest income and all your other incomes and, based on this, pay advance tax on advance tax payment dates (15th Sep, 15th Dec, 15th March and 31st March).
  • PNB will also issue you a Form 16A giving details of tax deducted on FD interest and tax deposited by it with government treasury. The TDS amount deposited by the bank with Income Tax Department can be verified in your 26AS statement available online on IT department website or through your net banking account. You can claim credit for the TDS amount in your annual Income Tax Return.

PNB FD interest rate calculator – Check your city

  • Keep your KYC documents - PAN card, address proof and photo ready.
  • To know more or apply, contact any of the branches of PNB in your city
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Frequently Asked Questions on FD Calculator PNB

What is the highest interest earned on PNB fixed deposit?

You can earn a maximum interest of 6.75% on PNB fixed deposit.

Are there any extra benefits for senior citizens on fixed deposit of PNB ?

Yes, senior citizens get extra benefit of 0.5% interest rates on their FD in PNB.

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PNB News - Jun 2018
  • 2018-03-08 : PNB hikes FD rates
    PNB has raised it term deposit rates across all tenors. The new rates now range from 6.40% to 6.85%. There rates are effective from March 1, 2018.
  • 2018-02-05 : Punjab National Bank raises bulk deposit rates by up to 1.35%
    Punjab National Bank today raised interest rate on bulk deposits of over Rs 1 crore. Interest rate on term deposit of 46-179 days has been increased by 1.35 per cent to 6.25 per cent effective from February 1st. Interest rate for term deposit of 180 days to less than 1 year has also been revised upward to 6.25 per cent from the earlier rate of 5 per cent. 
  • 2018-01-05 : PNB raises FD interest
    From January 1, Punjab National Bank has raised interest rates on fixed deposits of select maturities by up to 1.25 per cent.
  • 2018-01-01 : PNB raises FD rates in 2018
    PNB, one of the largest public sector banks, has raised FD rates on fixed deposits upto 179 days tenure by upto 1.25 percent. PNB fixed deposit interest rate at 5.25 percent for 7-45 days and 6.2 percent for 46 days to less than a year are now among the highest offered by any PSU bank.
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