PNB 506 Days FD Scheme: Benefits, Eligibility, Interest Rate

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PNB 506 Days FD Scheme

The Punjab National Bank offers the PNB 506 Days FD Scheme which is provided for all Indian adults and senior citizens. The interested beneficiary can get the best amounts in the least tenures. The interested beneficiary can easily invest their amounts which is less than three crore and the beneficiary can receive the 7% interest rates in just 303 days. The other 506 days will provide the 6.7% interest rates for the general citizens. The official website of the PNB has provided the detailed information related to the 506 Days Fixed Deposits schemes. 

PNB 506 Days FD Scheme

The Punjab National Bank has officially released the two new Fixed Deposits schemes with two new tenures which are 303 days and 506 days. These new tenures are effective from January 1st, 2025 for the adults and senior citizens. The 506 Days FD provides the fixed interest rates for their beneficiaries and the beneficiary can easily get the PNB FD interest after the 10 years also. The detailed information related to the PNB 506 Days FD Scheme are available below so the interested beneficiary can easily access all the details. 

PNB 506 Days FD Scheme

https://pnb.bank.in/ PNB 506 Days FD Scheme

Name of the Scheme PNB 506 Days FD Scheme
Country India 
Organized by Punjab National Bank 
Implemented year 1st January 2025 
Benefits The beneficiary can easily receive the 6.7% to 7% interest rates in FD. 
Beneficiary All the Adults and senior citizens of India
Bank name Punjab National Bank 
CategoryFinance
Official website https://pnb.bank.in/

Benefits Of PNB 506 Days FD Scheme 

The interested beneficiary can easily read all the detailed information related to the Benefits Of PNB 506 Days FD Schemes which are available on the official website. The interested beneficiary easily accesses official website for getting all the informations and the Benefits Of PNB 506 Days FD Scheme are also available below – 

  • The Punjab National Bank provides the best interest rates of the FD Schemes. 
  • Anybody in India can easily invest in this PNB 506 Days FD Scheme. 
  • PNB FD Scheme provides better safety and security for their Indian beneficiary. 
  • The beneficiary can easily receive the loans against this PNB 506 Days FD Scheme. 
  • The PNB has provided the two types of FD schemes which are 303 days and 506 days. 

PNB 506 Days FD Scheme Eligibility Criteria 

Before applying to the PNB 506 Days FD Scheme, the interested beneficiary must complete the Eligibility Criteria which are mentioned on the official website. The interested beneficiary receives all the informations which are mentioned below – 

  • The interested beneficiary must be a citizen of India.
  • The beneficiary completed the age of 18 years to 60 years to be eligible.
  • The investment amounts would be under the Rs. 3 Cr. for the PNB 506 Days FD Scheme. 

PNB 506 Days FD Scheme Amount Interest Rates 

Time PeriodInterest rates for the adults Interest rates for the senior citizens 
7 to 14 days 3.5 4
15 to 29 days 3.5 4
30 to 45 days 3.5 4
46 to 60 days 4.5 5
61 to 90 days 4.5 5
91 to 179 days 5.5 6
180 to 270 days 6.25 6.75 
271 days to 299 days 6.5 7
300 days 7.05 7.55
301 days to 302 days 6.5 7
303 days 7.5 
304 days to <1 years 6.5 7
1 year 6.8 7.3 
>1 year to 399 days 6.8 7.3 
400 days 7.25 7.75 
401 days to 505 days 6.8 7.3
506 days 6.7 7.2 
507 days to 2 years 6.8 7.3 
> 2 years to 3 years 7.5 
> 3 years to 1203 days 6.5 
1204 days 6.46.9 
1204 days to 5 years 6.5 
> 5 years to 1894 days 6.5 7.3 
1895 days 6.357.15 
1896 days to 10 years 6.5 7.3 

How To Claim The PNB 506 Days FD Scheme 

The interested beneficiary can easily choose two types claiming methods which are online methods and offline methods. The interested beneficiary can easily choose anyone of these methods. The interested beneficiary easily invest in The PNB 506 Days FD Scheme through the PNB mobile apps or they can easily visit any branch of the PNB. The details of applying through the online method for the PNB 506 Days FD Schemes which are available below – 

  • The interested beneficiary must open the PNB Net Banking Account on the mobile app. 
  • Click on the Deposits options or Fixed Deposits schemes on the mobile app. 
  • At the new page, select the FD options of PNB 506 Days FD. 
  • Fill all the personal details in asking sections and provide all the information.
  • In the end, the beneficiary must invest the amounts of PNB 506 Days FD Scheme under three crores. 
  • In the end, choose the submit button and you can easily download the documents of PNB 506 Days FD Scheme. 

FAQs Related To The PNB 506 Days FD Scheme 

When will the Punjab National Bank implement the 506 Days FD Scheme?

The Punjab National Bank implemented the 506 Days FD Scheme on the date of 1st January 2025.

Can any beneficiary apply for the Punjab National Bank 506 Days FD Scheme?

Yes, any beneficiary can apply for the Punjab National Bank 506 Days FD Scheme for the adult and senior citizens. 

Can the beneficiary receive the 8% interest rates for the Punjab National Bank 506 Days FD Scheme ?

No, the Punjab National Bank does not provide the 8% interest rates for the PNB 506 Days FD Schemes. 

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