PNB Special FD 2026 Offers Up To ₹1.42 Lakh On ₹1 Lakh Investment With Assured Returns

PNB FD Scheme 2026 Brings Attractive Interest Rates: For investors seeking protection from stock market volatility, fixed deposits continue to be a dependable savings tool. The PNB Fixed Deposit Scheme 2026 has drawn attention after Punjab National Bank introduced competitive interest rates across multiple tenures. The scheme is designed to offer guaranteed returns while ensuring capital safety, making it suitable for both regular depositors and senior citizens planning long-term financial stability.

Punjab National Bank is currently offering FD tenures starting from 7 days up to 10 years. Interest rates range between 3.00% and 7.20%, depending on the deposit period and investor category. These revised PNB FD interest rates aim to provide steady income without exposing savings to market risks.

390-Day Special FD Offers Higher Returns

Among the various options, the 390-day Special Fixed Deposit has emerged as one of the most attractive offerings. Under this plan, general customers earn 6.40% interest per annum. Senior citizens are offered 6.90%, while super senior citizens receive as much as 7.20%, which is currently the highest rate available under the bank’s FD portfolio.

Such differentiated senior citizen FD rates are structured to reward older investors with enhanced returns. This becomes particularly important for retirees who depend on interest income to meet routine expenses and manage inflation.

Returns On ₹1 Lakh Investment Over 5 Years

For those considering a medium to long-term deposit, the five-year tenure remains a popular choice. The maturity value varies depending on the applicable interest rate category.

If a regular depositor invests ₹1 lakh for five years at an annual interest rate of 6.10%, the total maturity amount would be ₹137,364. This means the investor earns ₹37,364 purely as interest income over the tenure.

Senior citizens above 60 years benefit from a higher rate of 6.60% for the same tenure. With this rate, a ₹1 lakh deposit would grow to ₹140,784 after five years, generating ₹40,784 as interest.

Super senior citizens, typically aged above 80 years, receive 6.90% interest. At this rate, a ₹1 lakh fixed deposit would mature to ₹1,42,875 in five years. The interest component alone amounts to ₹42,875, offering noticeably better guaranteed returns FD compared to standard rates.

These figures demonstrate how even a modest investment can grow steadily through disciplined saving.

Why Fixed Deposits Remain A Safe Investment Option

Fixed deposits offered by public sector banks are widely regarded as safe investment options . The principal amount remains protected, and returns are predetermined at the time of booking the deposit. Unlike equities or mutual funds, FDs are not influenced by daily market swings.

This makes them suitable for individuals planning for retirement, children’s education, marriage expenses, or other future financial commitments. Investors who prioritise stability over high-risk growth often prefer fixed deposit returns as a core part of their portfolio.

However, depositors should remember that interest rates may be revised periodically depending on economic conditions. The rate applicable at the time of opening the FD will determine the final maturity value.

Additionally, interest earned on FDs is subject to tax deduction at source as per prevailing rules. Investors are advised to assess their tax liability and consult a financial adviser if necessary before committing large sums.

With interest rates reaching up to 7.20% for select categories, the PNB Fixed Deposit Scheme 2026 offers a blend of security and competitive returns. For conservative investors seeking predictable income, this scheme presents a balanced opportunity to grow savings without exposure to market uncertainty.