PNB FD Interest Rate 2026: Punjab National Bank revises fixed deposit rates from February 24, 2026, making its 444-day FD scheme the highest-paying among major PSU banks.
Punjab National Bank has announced a fresh revision in its Fixed Deposit (FD) interest rates, effective February 24, 2026. The new rates apply to deposits below ₹3 crore. Moreover, the bank’s special 444-day FD scheme has emerged as the most rewarding option among public sector banks. If you are planning a safe investment in 2026, this update deserves your attention.
PNB 444-Day FD Interest Rate 2026: Highest Among PSU Banks
Punjab National Bank is now offering 6.60% interest to general customers under its 444-day FD scheme. Meanwhile, senior citizens can earn 7.10%, and super senior citizens receive an even higher 7.40%. This makes the scheme one of the most competitive fixed deposit options in the government banking sector.
Additionally, these revised rates apply to fresh deposits and renewals below ₹3 crore. Consequently, investors seeking short- to medium-term stability may find this tenure particularly attractive.
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| Category | Interest Rate (444 Days) |
|---|---|
| General Customers | 6.60% |
| Senior Citizens | 7.10% |
| Super Senior Citizens | 7.40% |
Punjab National Bank FD Rates for 1 to 10 Years
Besides the special 444-day scheme, PNB has maintained competitive rates across other tenures as well. However, the returns vary depending on the investment duration and age category.
For a 1-year FD, general customers earn 6.25%, while senior citizens get 6.75%. Super senior citizens receive 7.05% for the same tenure. On the other hand, deposits ranging between 2 to 3 years offer up to 6.30% for general customers. Meanwhile, long-term FDs of 5 to 10 years provide a maximum interest of 6% to general investors.
| Tenure | General | Senior Citizen | Super Senior |
|---|---|---|---|
| 1 Year | 6.25% | 6.75% | 7.05% |
| 2–3 Years | Up to 6.30% | Higher as per norms | Higher as per norms |
| 5–10 Years | Up to 6.00% | Additional benefit | Additional benefit |
Therefore, while long-term stability remains steady, the 444-day FD clearly offers better short-term returns.
Comparison: 444-Day FD Interest Rates of Major PSU Banks
To understand the value better, it helps to compare PNB’s rates with other leading public sector banks.
Bank of Baroda offers 6.45% to general customers under its “BOB Square Drive” scheme. Senior citizens earn 6.95%, while super senior citizens receive 7.05%. These rates have been effective since January 5, 2026.
Similarly, Indian Bank provides 6.45% to general investors under its “Ind Secure” 444-day FD scheme. Senior citizens get 6.95%, and super senior citizens receive 7.20%. These rates came into effect on February 4, 2026.
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Meanwhile, State Bank of India is offering 6.45% to general customers under the “Amrit Brishti” scheme. Senior citizens earn 6.95%, and super senior citizens receive 7.05%. These rates have been applicable since December 15, 2025.
In addition, Canara Bank offers 6.45% interest to general customers and 6.95% to senior citizens on 444-day deposits, effective January 5, 2026.
| Bank | General | Senior | Super Senior |
|---|---|---|---|
| PNB | 6.60% | 7.10% | 7.40% |
| Bank of Baroda | 6.45% | 6.95% | 7.05% |
| Indian Bank | 6.45% | 6.95% | 7.20% |
| SBI | 6.45% | 6.95% | 7.05% |
| Canara Bank | 6.45% | 6.95% | — |
Clearly, Punjab National Bank is currently leading in the 444-day FD category among major government banks.
Is PNB’s 444-Day FD a Good Investment Option?
Fixed Deposits remain one of the safest investment instruments, especially for conservative investors. Moreover, government-backed banks provide additional confidence due to regulatory oversight and deposit insurance benefits.
However, investors should always review tax implications, premature withdrawal penalties, and interest payout options before investing. Additionally, comparing post-tax returns with other instruments like small savings schemes or debt mutual funds can help in making an informed decision.
Consequently, if you are looking for a short-term, secure investment with attractive returns in 2026, PNB’s 444-day FD stands out as a strong option. Still, aligning the investment with your financial goals remains essential.