PNB Housing Finance FD Rates and Calculator 2026
PNB Housing Finance Fixed Deposit (FD) offers interest rates of up to 7.25% p.a. for tenures from 1 year to 5 years, with an extra 0.25% p.a. for senior citizens. You can apply online, and the deposit allows premature withdrawal after a 3-month lock-in. Compare the latest cumulative and non-cumulative rates below before you invest.
PNB Housing Finance Fixed Deposit Interest Rates (up to Rs.5 crore)
Cumulative Deposit
Tenure | Rate of Interest (p.a.) |
12 months - 23 months | 6.70% |
24 months - 35 months | 6.85% |
36 months - 47 months | 7.10% |
48 months - 59 months | 7.10% |
60 months | 7.25% |
Note: The interest rates are effective from 23 June 2026.
Non-Cumulative Deposit
Tenure | Monthly | Quarterly | Half Yearly | Annual |
12 months – 23 months | 6.50% | 6.54% | 6.59% | 6.70% |
24 months – 35 months | 6.64% | 6.68% | 6.73% | 6.85% |
36 months – 47 months | 6.88% | 6.92% | 6.98% | 7.10% |
48 months – 59 months | 6.88% | 6.92% | 6.98% | 7.10% |
60 months | 7.02% | 7.06% | 7.12% | 7.25% |
Note: The interest rates are effective from 23 June 2026.
PNB Housing Finance Fixed Deposit - Advantages
The main advantages of the FD scheme offered by PNB Housing Finance are mentioned below:
- Nominations can be added to the account.
- Premature withdrawal facility is provided.
- Up to 75% of the amount that is available in the FD account can be availed as a loan.
- An additional interest rate of 0.25% is offered to senior citizens.
- Auto-renewal facility is provided.
PNB Housing Finance Fixed Deposit - Eligibility Criteria
The eligibility criteria that must be met in order to open an FD account with PNB Housing Finance are mentioned below:
- Resident Indians can open the account.
- Joint accounts can be opened.
- Non-Resident Indians (NRIs) can open an FD account.
- The minimum deposit amount accepted for a PNB Housing Finance FD is Rs.25,000, for both cumulative and non-cumulative deposits.
- A joint PNB Housing Finance FD account can have a maximum of three holders; the first named applicant receives non-cumulative interest payouts and is treated as the holder for cumulative deposits.
- NRIs can invest in a PNB Housing Finance FD for a maximum tenure of three years, with interest and principal repaid to the depositor's NRO account on a non-repatriation basis.
PNB Housing Finance Fixed Deposit - Documents Required
The list of documents that must be submitted in order to open an FD account with PNB Housing Finance are mentioned below:
Individuals
- Address proof such as Voter ID, Aadhaar Card, etc., that is self-attested.
- Permanent Account Number (PAN) Card copy that is self-attested.
- Passport-sized photograph.
Partnership Firm
- The firm's PAN Card copy.
- Specimen signatures.
- Details of the partners such as their addresses and names.
- Partnership declaration provided by the partners.
Co-Operative Banks, Co-Operative Societies, and Public/ Private Limited Companies
- Proof of address of the signing authorities.
- PAN Cards of the signing authorities.
- Photographs of the signing authorities.
- Specimen signatures of the authorised individuals.
- Resolution of Investment copy.
- Bye-Laws copy.
Clubs/ Associations/ Trusts
- Proof of address of the signing authorities.
- PAN Cards of the signing authorities.
- Photographs of the signing authorities.
- Specimen signatures of the authorised individuals.
- Proof of the address of the trust.
- PAN Card copy of the trust.
- Resolution of Investment copy.
- Registration Certificate.
- Trust Deed.
Process to Apply for a PNB Housing Finance Fixed Deposit
The procedure to apply for an FD offered by PNB Housing Finance is mentioned below:
- Visit website.
- Click on 'Apply Now'.
- On the next page, enter your name, mobile number, email ID, location, and FD amount.
- Agree to the terms and conditions and click on 'Request A Call Back'.
- A PNB Housing Finance representative will contact you to process the request.
PNB Housing Finance Fixed Deposit - Premature Withdrawal
The FD account comes with a lock-in period of three months. The terms and conditions in the case of premature withdrawal are mentioned below:
- In case the FD account is closed post three months but earlier than six months, the interest that is payable is 4% p.a. in the case of individual depositors. No interest will be paid for other depositors.
- In case the FD account is closed post six months, the interest that will be paid is 1% lower than the applicable interest rate.
- In case the rates are not mentioned, 2% lower (of the minimum rate) will be accepted.
Summary
PNB Housing Finance Fixed Deposit offers cumulative and non-cumulative interest options with tenures of up to 5 years and a senior citizen bonus of 0.25% p.a. The scheme permits premature withdrawal after a 3-month lock-in and a loan against the deposit for added liquidity. Compare the latest PNB Housing Finance FD rates in the tables above and apply online to start earning fixed, predictable returns.
FAQs on PNB Housing Finance FD Rates
1.What is a PNB Housing Finance Fixed Deposit?
A PNB Housing Finance Fixed Deposit (FD) is a deposit scheme from PNB Housing Finance Limited in which you invest a lump sum for a fixed period and earn interest at the rates shown in the tables above. It is available in both cumulative and non-cumulative formats.
2.What is the difference between a cumulative and a non-cumulative PNB Housing Finance FD?
A cumulative PNB Housing Finance FD compounds interest annually and pays it out with the principal at maturity, while a non-cumulative FD pays interest at monthly, quarterly, half-yearly or annual intervals. Choose cumulative to build a lump sum, or non-cumulative for regular income.
3.Do senior citizens earn a higher interest rate on a PNB Housing Finance FD?
Yes, senior citizens earn an additional interest rate over the standard PNB Housing Finance FD rate, as shown in the interest rate tables above.
4.Can I take a loan against my PNB Housing Finance FD?
Yes, PNB Housing Finance allows depositors to avail a loan against their FD up to the percentage of the deposit amount listed in the advantages section above.
5.Is tax deducted on interest earned from a PNB Housing Finance FD?
Tax is deducted at source on interest earned from a PNB Housing Finance FD once it crosses the exemption threshold for a financial year under the Income Tax Act. Amounts below that threshold are paid without any deduction.
6.What happens to a PNB Housing Finance FD at maturity?
A PNB Housing Finance FD comes with an auto-renewal facility at maturity, so the deposit can continue on the prevailing terms unless you choose to withdraw the proceeds.
7.Who can open a PNB Housing Finance FD account?
Resident Indians, joint account holders and Non-Resident Indians can open a PNB Housing Finance FD account. Each category must meet the eligibility and documentation requirements listed on this page.
8.How many joint holders are allowed in a PNB Housing Finance FD?
A PNB Housing Finance FD can be opened jointly with up to three holders. The first named applicant receives the interest payouts for a non-cumulative deposit.
9.Can NRIs invest in a PNB Housing Finance FD?
Yes, Non-Resident Indians can invest in a PNB Housing Finance FD, subject to a shorter maximum tenure than resident deposits and RBI's non-repatriation rules. Interest and principal are credited to the depositor's NRO account.
10.What is the minimum deposit amount for a PNB Housing Finance FD?
The minimum deposit amount for a PNB Housing Finance FD is listed in the eligibility section above and applies to both cumulative and non-cumulative deposits.
11.What documents are required to open a PNB Housing Finance FD?
The documents required to open a PNB Housing Finance FD depend on the depositor type: individuals need address proof, a PAN card copy and a photograph, while firms, companies and trusts need additional entity-specific documents. The full list for each category is given in the documents section above.
12.How do I apply for a PNB Housing Finance FD?
You can apply for a PNB Housing Finance FD online by submitting your details on the PNB Housing Finance website and requesting a callback. A representative will then contact you to complete the process.
13.Can I make a premature withdrawal from a PNB Housing Finance FD?
Yes, PNB Housing Finance allows premature withdrawal after the lock-in period, though early closure attracts a lower interest rate than the original contracted rate. The applicable reduction is set out in the premature withdrawal section above.
14.Is a PNB Housing Finance FD eligible for tax benefits under Section 80C?
No, investments in a PNB Housing Finance FD are not eligible for a tax deduction under Section 80C, unlike tax-saving bank fixed deposits with a five-year lock-in.
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