PNB FD Calculator

PNB FD Calculator

The PNB FD Calculator helps you estimate the interest earned and maturity value on your Fixed Deposit (FD) with Punjab National Bank. Whether you’re investing for a few months or several years, this tool provides accurate and quick results to help you plan your savings with confidence.

What Is a PNB Fixed Deposit?

A Fixed Deposit (FD) with Punjab National Bank is a secure investment option where you deposit a lump sum for a fixed tenure and earn guaranteed interest at a predetermined rate.

Key Features

• Tenure: 7 days to 10 years
• Minimum deposit: ₹1,000
• Interest payout: Monthly, quarterly, half-yearly, annually, or at maturity
• Senior citizen benefit: Additional 0.50% p.a. interest
• Compounding frequency: Quarterly (for cumulative FDs)
• Taxation: Interest is taxable; TDS applies if interest exceeds ₹40,000/year (₹50,000 for senior citizens)

How the PNB FD Calculator Works

Inputs Required

• Deposit amount
• Tenure (in months or years)
• Applicable interest rate
• Compounding frequency (quarterly for cumulative deposits)

Formula Used

A = P × (1 + r/n)^{n × t}

• A: Maturity amount
• P: Principal (deposit amount)
• r: Annual interest rate (in decimal)
• n: Compounding frequency (usually 4 for quarterly)
• t: Tenure in years

Output Provided

• Total interest earned
• Maturity value
• Annualized yield

Example

If you invest ₹1,00,000 in a PNB FD for 5 years at 7% interest compounded quarterly:

• Interest earned: ≈ ₹40,500
• Maturity amount: ≈ ₹1.40 lakh

Benefits of Using the PNB FD Calculator

• Instant, accurate results: No manual calculations needed
• Helps with goal-based savings planning
• Compare multiple tenure options
• Ideal for safe, low-risk investors

Disclaimer : The results given by the above calculator are for illustration purpose only. They are often based on a number of assumptions. The results given are in no way any guarantee of the returns that will be given. Investments in stock markets and securities markets are subject to market risks and other risks. There is no guarantee of the return that will be actually given. Investment in other financial products may also be subject to market risks and other risks. There is no guarantee of the returns that will be given by them. The calculator also does not make any recommendation directly or indirectly. Please consult a registered Financial Advisor before taking any investment decision.