PNB FD Scheme : In India, every individual wishes to secure their hard-earned money in a safe investment option that not only protects the capital but also provides steady returns. This is why most people prefer Fixed Deposit (FD) schemes offered by banks. Among these, the Punjab National Bank (PNB) FD scheme is considered one of the most trusted and secure investment options.
If you are wondering how much return you can earn from PNB’s FD schemes, here we explain in detail how an investment of ₹2,00,000 can generate ₹76,000 as interest after a specific period.
PNB FD Scheme : A Reliable Investment Option
Punjab National Bank (PNB) is one of the largest government-owned banks in India. Over the years, the bank has been offering a wide range of financial products, including savings accounts, loans, and Fixed Deposit schemes for its customers.
FDs remain one of the most preferred investment tools, especially for risk-averse investors who prioritize safety and guaranteed returns over high-risk instruments like stocks and mutual funds. Unlike the stock market, which is highly volatile and unpredictable, FDs provide assured returns at a fixed rate of interest.
Interest Rates and Tenure of PNB FD Scheme
PNB offers FD schemes with flexible tenures ranging from 7 days to 10 years. The bank provides different interest rates depending on the type of customer:
- Regular Citizens
- Senior Citizens (above 60 years)
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Super Senior Citizens (above 80 years)
Currently, the highest interest rate offered by PNB is on 390-day deposits, where:
- Regular Citizens get 6.60%
- Senior Citizens get 7.10%
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Super Senior Citizens get 7.40%
This makes PNB FD an attractive investment option compared to traditional savings accounts.
How ₹2,00,000 Grows into ₹2,76,000 in 5 Years
One of the most attractive FD options by PNB is its 5-year FD scheme. Under this plan, the bank offers:
- 6.50% interest rate for Regular Citizens
- 7.00% interest rate for Senior Citizens
-
7.30% interest rate for Super Senior Citizens
If a regular investor deposits ₹2,00,000 for 5 years at 6.50%, then at maturity, the amount will grow to approximately ₹2,76,084.
👉 This means the investor earns a total interest of around ₹76,084 on the principal amount.
Thus, without any market risk, you can earn a handsome return simply by keeping your money safe in PNB’s FD scheme.
Why FD is Still a Trusted Investment
Despite the rise of mutual funds, SIPs, and stock market investments, many Indians continue to prefer FDs for the following reasons:
- Zero Risk Investment – Unlike the stock market, FD returns are not affected by market fluctuations.
- Guaranteed Returns – The maturity value is fixed at the time of investment, offering financial certainty.
- Flexible Tenure – You can choose a duration that fits your financial goals.
- Liquidity Options – Premature withdrawals are allowed with nominal penalty.
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Extra Benefits for Seniors – Higher interest rates ensure better retirement income.
The Impact of Inflation on FD Returns
While FD schemes are safe, it is important to consider inflation before investing. If the inflation rate is higher than your FD returns, the real value of your money decreases over time.
For example:
If your FD gives a 6.50% return but inflation is around 7%, then the actual purchasing power of your money reduces. Hence, investors should balance their portfolios by keeping some money in FDs for safety and some in high-growth assets for better long-term returns.
Final Words
The PNB FD Scheme is an ideal option for investors looking for safe, reliable, and guaranteed returns. By investing ₹2,00,000 for 5 years, you can earn more than ₹76,000 in interest without any risk.
- For Regular Citizens: 6.50% return (₹2,76,084 at maturity)
- For Senior Citizens: 7.00% return (higher maturity value)
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For Super Senior Citizens: 7.30% return (best option for elderly investors)
If you want to keep your money secure while still earning decent interest, PNB FD is a strong choice. However, always keep inflation in mind and plan your financial portfolio accordingly.