PNB 15 Month FD Plan 2026: Punjab National Bank’s 15-month fixed deposit scheme in 2026 is gaining attention among investors seeking stable and safe returns. With interest rates reaching up to 7.75% in select cases, it offers a dependable option for people looking for short-term financial growth without market risk.
This deposit plan is especially attractive for individuals who prefer guaranteed earnings and flexible tenure. Senior citizens receive additional benefits, making the scheme suitable for both regular investors and retirees aiming to protect their savings while earning steady interest.
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Punjab National Bank 15 Month FD Interest Rates In 2026
The 15-month FD scheme offers competitive interest rates for customers seeking secure returns. Regular customers can expect rates around 6.30% to 6.40% per year depending on deposit size and current revisions.
Senior citizens generally receive higher rates, usually between 6.80% and 6.90% per year. In certain special categories or schemes, rates may go up to 7.75%, making it more rewarding for elderly investors.
Benefits Of Choosing A 15 Month Fixed Deposit Plan
A 15-month fixed deposit offers a balance between short commitment and reasonable returns. Investors can lock in their savings for a manageable duration while enjoying stable earnings without worrying about market changes.
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This tenure is suitable for those planning short-term goals. It provides flexibility and ensures predictable income, which makes it popular among both salaried individuals and retirees.
PNB 15 Month FD Plan 2026: Overview Table
| Feature | Details |
|---|---|
| Bank Name | Punjab National Bank |
| Scheme Type | Fixed Deposit |
| Tenure | Around 15 Months |
| Interest Rate (Regular) | Approx. 6.30% – 6.40% |
| Interest Rate (Senior Citizens) | Approx. 6.80% – 6.90% |
| Maximum Possible Rate | Up to 7.75% in select cases |
| Minimum Deposit | Around ₹1,000 |
| Interest Payment Options | Monthly, Quarterly, or At Maturity |
| Loan Facility | Available against FD |
| Risk Level | Low and secure |
Eligibility Criteria For Opening A PNB Fixed Deposit
Any Indian resident can open a fixed deposit account with Punjab National Bank. Individuals, senior citizens, and joint account holders are eligible to invest in the 15-month FD scheme.
Senior citizens aged 60 years and above receive additional interest benefits. This makes the plan more suitable for retirement savings and steady income generation.
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Deposit Amount And Tenure Flexibility Details
The minimum deposit amount usually starts from around ₹1,000, making the scheme accessible to most people. Investors can choose to deposit higher amounts based on their financial goals.
Though the focus is on a 15-month tenure, the bank offers flexible maturity periods across a wider range. This helps customers select durations that match their savings plans.
Safety And Security Of PNB Fixed Deposits
Punjab National Bank is a major public sector bank known for stability and reliability. Fixed deposits with the bank are considered safe and suitable for conservative investors.
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Returns are guaranteed and not affected by stock market movements. This ensures peace of mind for people who want to protect their savings while earning consistent interest.
Senior Citizen Extra Interest Advantages
Senior citizens enjoy additional interest benefits over standard FD rates. This usually ranges from 0.50% to 0.80% higher than regular customer rates, depending on the scheme.
In some special categories, returns can go up to 7.75%. This makes the 15-month FD a good option for retirees who want safe and slightly higher earnings.
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Interest Payment Options And Maturity Benefits
Investors can choose how they want to receive their interest. Payments can be taken monthly, quarterly, or at the time of maturity based on personal preference.
A cumulative option allows interest to grow along with the principal. This helps in earning higher maturity value for those who do not need regular income.
Loan Facility And Premature Withdrawal Rules
Customers can take a loan against their fixed deposit if needed. This helps in managing urgent financial needs without breaking the investment completely.
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Premature withdrawal is allowed but may include a small penalty. It is advisable to keep the deposit until maturity to get the full benefit of interest earnings.
Estimated Returns On A 15 Month Investment
For example, an investment of ₹1,00,000 at around 6.30% per year can grow to approximately ₹1,07,800 to ₹1,08,500 at maturity. The exact amount depends on the selected interest option.
Senior citizens may receive slightly higher maturity value due to additional interest. This makes the plan a dependable choice for steady and predictable short-term savings growth.
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