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Latest PNB Bank RD Interest Rates: All You Need to Know
Reviewed by: Fibe Research Team
- Updated on: 26 Sep 2025
Reviewed by: Fibe Research Team
Saving regularly can feel tough, but an RD makes it simple. You just fix a small monthly amount and let it grow with assured returns. Among public sector banks, Punjab National Bank stands out for its trust and wide reach.
The current PNB RD interest rates 2025 range from 6.00% to 6.50% p.a. for tenures between 6 months and 10 years, with seniors earning up to 0.80% extra as per the bank’s card rates. This makes PNB a safe choice for anyone looking to build wealth steadily without market risks.
Read on to learn more about the rates, features, eligibility and how you can open an RD with ease.
A PNB RD is a savings plan where you deposit a fixed sum monthly for a chosen tenure. At maturity, you get back your deposits plus interest. The PNB RD scheme is designed for steady savers who prefer security and predictable growth over market risks. It is backed by PNB’s official terms and conditions, ensuring clarity on rules.
The table shows how different monthly deposits and tenures can help you reach a maturity value of ₹1 lakh under PNB RD interest rates 2025:
| Tenure | Monthly Deposit (₹) For ₹1 Lakh Maturity | Rate of Interest (%) | Maturity Value (₹) |
| 1 Year | 8,051 | 6.4 | 1,00,009 |
| 2 Years | 3,898 | 6.4 | 1,00,016 |
| 3 Years | 2,515 | 6.4 | 1,00,002 |
| 4 Years | 1,822 | 6.5 | 1,00,038 |
| 5 Years | 1,409 | 6.5 | 1,00,026 |
| 6 Years | 1,153 | 6.0 | 1,00,032 |
| 7 Years | 958 | 6.0 | 1,00,089 |
| 8 Years | 812 | 6.0 | 1,00,106 |
| 9 Years | 699 | 6.0 | 1,00,127 |
| 10 Years | 609 | 6.0 | 1,00,137 |
You can also calculate maturity values for higher deposits like ₹5 lakh or ₹10 lakh using the same PNB RD interest rates 2025. As the rates remain the same while the maturity amount scales up. These PNB Bank RD interest rates are official card rates and may change whenever the bank revises them.
Senior citizens between 60 and 80 years old get 0.50% extra on the PNB Bank RD interest rates for deposits up to 5 years. They get 0.80% extra for longer tenures on deposits below ₹3 crore. Super senior citizens over 80 years old get 0.80% extra across all maturity buckets. The PNB RD rates are designed to give retirees better returns.
Apart from the Punjab National Bank RD interest rates, these features also decide how much you ultimately earn:
A PNB RD can be opened by individuals, minors, families, firms, companies or institutions. And you can apply online through net banking or at a branch with basic KYC documents.
The interest you earn on a recurring deposit is taxable. TDS is applied if your interest in a financial year crosses ₹40,000 or ₹50,000 for senior citizens. If your income is below the tax limit, you can submit Form 15G or 15H to avoid TDS on your RD interest.
The PNB Bank RD interest rates for regular citizens can give you steady growth. And the PNB RD rates offer even better returns for senior citizens. This makes recurring deposits a safe option to save for future goals or to park extra money without risk.
With Fibe, you also have more ways to grow your wealth. You can open an FD starting at just ₹1,000, enjoy attractive fixed interest and grow your savings with ease. Just download the Fibe App and book an FD in a few clicks!
The return on a ₹1 lakh RD depends on the tenure you choose. For shorter terms like 1-3 years, the PNB RD rates are around 6.4%. For longer tenures of 4 to 5 years, the rate goes up to 6.5%. And for 6-10 years, it’s around 6.0%. Senior and super senior citizens get higher rates over and above these card rates.
Yes, senior citizens get an additional 0.50% to 0.80% over regular rates. Super senior citizens get 0.80% extra across all tenures.
RD interest itself does not qualify under special tax exemption clauses. But you can avoid TDS by submitting Form 15G / 15H if your total income is below the taxable thresholds. Just ensure your PAN and address proofs are updated.
