PNB FD Scheme 2026 Punjab National Bank has rolled out a powerful fixed deposit option for 2026 that is attracting attention from safe investors across India. The PNB 24-Month Fixed Deposit Scheme offers up to 7.90% assured interest, making it an ideal choice for people who want stable growth without market risk. In a time when stock markets are unpredictable, this FD gives peace of mind along with steady returns backed by a trusted government bank.
Why This PNB FD Is Getting Popular
The main reason behind the popularity of this scheme is its balance of safety and high interest. Fixed deposits already offer capital protection, and when combined with PNB’s government backing, the trust level increases further. The 24-month duration is neither too short nor too long, making it suitable for medium-term financial planning while still earning attractive interest.
Interest Rate and Return Advantage
PNB is offering interest of up to 7.90%, which is much higher than regular savings accounts. This rate helps investors protect their money from inflation. Interest is compounded, so your money grows steadily over two years. Senior citizens also get extra interest, which makes this scheme even more rewarding for retirees.
Who Should Invest in This FD
This scheme is best suited for salaried employees, self-employed individuals, housewives, and senior citizens who prefer guaranteed returns. If you are planning for expenses like education, marriage, emergency funds, or retirement income, this FD offers predictable growth without stress.
Flexible Interest Payout Choices
PNB allows depositors to choose how they receive interest. Monthly and quarterly options are useful for people needing regular income, while the cumulative option is ideal for those who want maximum returns at maturity. This flexibility makes the scheme suitable for different financial needs.
Safety, Liquidity, and Loan Facility
One of the biggest benefits of this FD is complete safety. Your interest rate remains fixed even if market rates change. In case of emergency, PNB also offers loans against the FD amount, so you don’t need to break the deposit and lose interest.
PNB 24-Month FD Scheme 2026 – Full Information Table
| Feature | Details |
|---|---|
| Bank | Punjab National Bank |
| FD Tenure | 24 Months |
| Maximum Interest | Up to 7.90% |
| Senior Citizen Benefit | Extra interest |
| Risk Level | Very Low |
| Interest Payout | Monthly / Quarterly / Cumulative |
| Loan Against FD | Available |
| Investment Mode | Online & Branch |
| Capital Protection | 100% Guaranteed |
Tax Rules You Must Know
Interest earned from FD is taxable as per income tax slab. If interest crosses the limit, TDS is deducted by the bank. However, investors with lower income can submit Form 15G or 15H to avoid TDS. Planning taxes properly helps improve final returns.
Final Verdict
The PNB 24-Month FD Scheme 2026 is a strong and reliable investment option for anyone looking for guaranteed returns with zero risk. With high interest, flexible payouts, senior citizen benefits, and government-bank security, it is one of the best fixed deposit choices for 2026.
FAQs
Q1. Is PNB FD safe in 2026?
Yes, PNB is a government bank and fixed deposits are among the safest investment options.
Q2. Who gets 7.90% interest?
The highest rate usually applies under special schemes or for senior citizens.
Q3. Can I withdraw before 24 months?
Yes, premature withdrawal is allowed but may attract a small penalty.
Q4. Is loan available against this FD?
Yes, you can take a loan without breaking the deposit.
