PNB FD Return Calculator: There is no alternative to fixed deposits. You can get higher returns from the stock market and mutual funds, but the risk is also higher. If the market falls, you may face a loss.

From this perspective, fixed deposits are a safe option. They are not linked to the stock market, so there is no risk. The interest rate is fixed at the time of investment, ensuring a guaranteed return at maturity. You don’t have to worry about losing your hard-earned money.

In this article, we will share some useful tips related to fixed deposits. We will also discuss everything about investing ₹4 lakh in a PNB FD for 5.5 years and the returns you can expect at maturity.

Punjab National Bank FD Interest Rates

Punjab National Bank (PNB) is one of the largest state-owned banks in India. Customers can open fixed deposits for durations ranging from 7 days to 10 years, with interest rates varying based on the tenure.

Currently, PNB offers an interest rate of 6.50% for FDs ranging from 5.5 years (or 2,000 days) to 10 years, while senior citizens get 7.30% interest for the same period.

PNB FD Interest Rates for Different Tenures

  • 7 to 45 days: 3.5% (General), 4% (Senior Citizens), 4.3% (Special Customers)
  • 46 to 90 days: 4.5% (General), 5% (Senior Citizens), 5.3% (Special Customers)
  • 91 to 179 days: 5.5% (General), 6% (Senior Citizens), 6.3% (Special Customers)
  • 180 to 270 days: 6.25% (General), 6.75% (Senior Citizens), 7.05% (Special Customers)
  • 271 to 299 days: 6.5% (General), 7% (Senior Citizens), 7.3% (Special Customers)

Highest Interest Rate for 300 Days

  1. General Customers: 7.05%
  2. Senior Citizens: 7.55%
  3. Special Customers: 7.85%

For 304 days to less than 1 year, the interest rate is 6.5% (General), 7% (Senior Citizens), and 7.3% (Special Customers).

For a 1-year FD (399 days), the rate is 6.8%, 7.3%, and 7.6%, respectively.
For a 400-day FD, the rate increases to 7.25%, 7.75%, and 8.05%.
For a 506-day FD, the rate is slightly lower at 6.7%, 7.2%, and 7.5%.

How Much Return Will You Get on ₹4 Lakh FD for 5.5 Years?

If you invest ₹4 lakh for 5.5 years (2,000 days) at an interest rate of 6.50%, the FD Calculator shows the following returns:

  • General Customers: ₹5,69,504
  • Senior Citizens: ₹5,94,581 (due to higher interest rates)

Fixed deposits offer a safe and stable return, making them a preferred choice for risk-averse investors.

Disclaimer: The interest rates mentioned are as per current PNB offerings and are subject to change. The maturity amount is an estimate based on the FD calculator and may vary. Investors are advised to check with the bank for the latest rates and terms before investing.