Archive · 10 Aug 2026
Fixed Deposit Rates After RBI Repo Pause: PNB, Punjab & Sind
Banks use fixed deposits, or FDs, to keep your money safe and pay you interest for leaving it with them for a set time.
India's central bank, the RBI, decides a key rate called the repo rate, and it has kept that rate the same at 5.25%.
That means banks probably will not change their deposit rates very much right now.
Two Indian banks shared their FD interest rates.
Punjab & Sind Bank pays between 2.85% and 6.85% interest, depending on how long you lock your money in.
Punjab National Bank pays between 3% and 6.60%.
Older customers, called senior citizens, can earn extra interest at both banks.
There are also special tax-saving FDs that pay slightly different rates.
The article tells people to compare different time periods and check rules about withdrawing money early and paying taxes.
It is like shopping around to find the best safe place to grow your savings.
The RBI kept the repo rate unchanged at 5.25%, so an immediate broad-based shift in FD rates is unlikely.
Punjab & Sind Bank offers FD rates from 2.85% to 6.85% for regular customers across tenures from 7 days to 10 years.
PNB offers FD rates between 3.00% and 6.60% for regular customers, with extra benefits for senior and super senior citizens.
Punjab & Sind Bank's top regular rate is 6.85% at 666 days, while senior citizens can earn up to 7.35%.
Tax-saving FD rates are 5.95% (regular) and 6.45% (senior) at Punjab & Sind Bank, and 5.85%-6.25% at PNB for general customers.
- Who
- Punjab & Sind Bank, Punjab National Bank (PNB), and the Reserve Bank of India (RBI)
- What
- The two banks' fixed deposit interest rates across various tenures following the RBI's decision to keep the repo rate paused at 5.25%.
- When
- Not stated; the report follows the RBI's repo rate pause at 5.25%.
- Where
- India
- Why
- With the repo rate unchanged at 5.25%, depositors are unlikely to see an immediate broad-based shift in deposit rates, prompting a comparison of bank FD rates.
- RBI repo rate
- 5.25% (unchanged)
- Punjab & Sind Bank FD rates
- 2.85% to 6.85% for regular customers (7 days to 10 years)
- PNB FD rates
- 3.00% to 6.60% for regular customers
- P&S Bank top rate
- 6.85% (666 days) regular; 7.35% for senior citizens
- PNB 444-day deposit rate
- 6.60% regular, 7.10% senior, 7.40% super senior
- P&S Bank tax-saving FD
- 5.95% regular, 6.45% senior citizens
- PNB tax-saving FD
- 5.85% to 6.25% for general customers
- Senior citizen benefit (P&S Bank)
- Extra interest on deposits of 180 days and above