Fixed Deposit Details
Bank Name
Punjab National Bank
Eligibility
Individuals (singly or jointly) with others Minor who have attained the age of 10 years and above in his own name on giving proof of age Proprietorship/Partnership Firm, Commercial Organization, Company /Corporate Body Hindu Undivided Family Association, Club, Society, Trust or Religious/Charitable or Educational Institutions Municipality or Panchayat, Government or Quasi-Government Body
Interest Rate
Fluctuating
Tenure
7 days to 10 years.
Fixed Deposit Type
Floating interest rate.
PNB Floating Rate Fixed Deposit Scheme
Tax Benefits
Credit Ratings
IND AAA, ICRA AAA
Interest Payment Frequency
Monthly, quarterly, at maturity.
Cummulative/Non-Cummulative
Cumulative
Features
- Flexible interest payout options.
- Deposits for Rs.10,000 and above, on written request shall be eligible for Demand Loan /overdraft facility.
- Minimum deposit of Rs.1000.
- Maximum amount of 10 crores.
Minimum Investment Amount
1000
Features & Benefits
Pros
- Minimum deposit amount of Rs.1000.
- Minimum period of 7 days only.
- Maximum amount of up to 10 crores.
- Users can earn more interest rates by using floating interest rates.
Cons
- Fluctuating interest rates.
Pros & Cons
How to Open?
Online:
- Visit the PNB website: Go to https://www.netpnb.com/
- Log in to your PNB account: Enter your user ID and password.
- Look for the "Fixed Deposits" section: This is usually under "Deposits" or "Products."
- Choose the FD option: Select the type of FD you want to open (e.g., regular, cumulative, step-up).
- Enter details: Fill in the required information, such as deposit amount, tenure, interest payout frequency, and nominee details.
- Submit the application: Review your details and submit the application online.
In-Branch:
- Visit a PNB branch: Find a branch near you using their branch locator.
- Gather necessary documents: Bring along your identification proof (Aadhaar card, PAN card), address proof, and income proof (if required).
- Fill out the application form: Complete the FD application form provided by the bank.
- Submit documents and deposit funds: Hand over the completed form, documents, and the desired deposit amount to the bank representative.
Product Review
About this content
Public source: Original MyRupaya page
Captured 2026-11-06T10:59:45Z. Public page text has been preserved and restyled. Historical financial/product information may be outdated. Embedded widgets and forms are not copied or connected to live services.
