PNB FD Calculator
The PNB FD Calculator is an online tool that helps investors estimate the total returns on their fixed deposit investment with Punjab National Bank. By entering a few simple details, you can calculate your maturity value and interest earnings instantly. It’s an essential tool for anyone looking to make safe and reliable investments through FDs.
What is a Fixed Deposit in Punjab National Bank?
A Fixed Deposit (FD) with Punjab National Bank is a secure investment product where you deposit a fixed amount for a specific tenure at a predetermined interest rate. At maturity, the bank pays back the principal plus interest earned. PNB FDs offer attractive interest rates, flexible tenures, and options for cumulative or periodic interest payouts.
How to Use the PNB FD Calculator
To calculate your FD returns with the PNB FD Calculator, simply enter:
- Deposit Amount (e.g., ₹10,000 or more)
- Tenure (from 7 days to 10 years)
- Interest Rate (as per PNB’s current offerings)
- Compounding Frequency (monthly, quarterly, etc.)
The calculator instantly shows your total interest earned and maturity amount.
PNB FD Interest Rates (2025)
Interest rates vary based on the amount and tenure:
- General Public: 6.00% to 7.25% p.a. (approx.)
- Senior Citizens: Extra 0.50% over regular rates
Rates are subject to change. Always check the official PNB website for the latest information.
Types of FD Schemes Offered by PNB
- PNB Term Deposit Scheme – Standard FD for all investors
- PNB Sugam Term Deposit – Allows partial withdrawals
- PNB Tax Saver FD – 5-year lock-in with tax benefits
- PNB Fixed Deposit for Senior Citizens – Extra interest benefits
Example Calculation
If you invest ₹1,50,000 for 3 years at 7.00% p.a. interest compounded quarterly, your returns will be:
- Interest Earned: ₹34,130 (approx.)
- Total Maturity Amount: ₹1,84,130
Benefits of Using the PNB FD Calculator
- Quick and accurate FD maturity calculation
- Helps in comparing tenures and schemes
- Ideal for financial planning
- Free and available 24/7
Taxation on FD Interest
Interest earned on FDs is taxable as per your income tax slab. TDS is deducted if interest exceeds ₹40,000 in a financial year (₹50,000 for senior citizens). You can submit Form 15G/15H if eligible to avoid TDS deduction.
How to Open an FD with PNB
- Visit your nearest PNB branch or use internet/mobile banking
- Select your deposit scheme, amount, and tenure
- Submit KYC documents if required
- Transfer the funds to start your FD
Conclusion
The PNB FD Calculator simplifies your investment decisions by helping you calculate potential returns on your fixed deposits. With Punjab National Bank’s variety of FD options and competitive interest rates, it’s easier than ever to save securely. Use the calculator to choose the most suitable plan and make your money grow.
Visit Punjab National Bank’s official website to check current FD rates and open your deposit today.