PNB Housing Finance FD Calculator

Total Investment


Number of years

1 yr
25 yrs

Interest Rate

1 %

Fixed Deposit Rates on Domestic deposits of up to Rs 5 crore - General Public

Cumulative Deposit

Tenure Regular Citizens
12 months – 23 months 6.50%
24 months – 35 months 6.55%
36 months – 47 months 7.25%
48 months – 59 months 7.15%
60 months – 71 months 7.30%
72 months – 84 months 7.25%
120 months 7.25

Note: The FD interest rates are effective as of 10 August 2022

Fixed Deposit Rates on Domestic deposits of up to Rs 5 crore - General Public

Tenure Senior Citizens
12 months – 23 months 6.75
24 months – 35 months 6.8
36 months – 47 months 7.5
48 months – 59 months 7.4
60 months – 71 months 7.55
72 months – 84 months 7.5
120 months 7.5

Note: The FD interest rates are effective as of 10 August 2022

Non - Cumulative Deposit

Interest Rates (% p.a.)

Tenure (Months) Monthly Quarterly Half Yearly Annual
12 – 23 6.31 6.35 6.4 6.5
24 – 35 6.36 6.39 6.44 6.55
36 – 47 7.02 7.06 7.12 7.25
48 – 59 6.92 6.96 7.02 7.15
60 -71 7.07 7.11 7.17 7.3
72 – 84 7.02 7.05 7.12 7.25
120 7.02 7.05 7.12 7.25

Note: The FD interest rates are effective as of 10 August 2022

PNB Housing Finance FD Calculator

Planning to earn a stable return by investing in a safe and secure investment instrument? Fixed deposits can be a suitable option. PNB Housing Finance fixed deposit comes with attractive interest rates and an additional 0.25% rate for senior citizens.

You can start your investment with a minimum of ₹10,000 for a maximum period of 10 years. Moreover, you can avail a loan of 75% of the FD amount in times of emergencies. However, you should always calculate the interest beforehand to ensure you make an informed decision. An online FD tool can be quite useful in this case.

Here’s more!

PNB Housing Finance Fixed Deposit (FD) Calculator

PNB Housing Finance FD offers an interest rate of 7% for a tenure between 12 months to 23 months. However, this interest rate declines to 6.80% when you select a tenure between 24 months and 35 months. If you want to earn maximum interest, you need to choose a tenure of 120 years for 7.40% ROI per annum.

As you can see PNB Housing Finance FD rates vary depending on the deposit tenure. So, calculating fixed deposit returns can be quite hectic considering this variation in interest rates. Moreover, manual calculations can lead to errors as you need to solve complex formulas.
Considering the importance of assessing returns before investing in fixed deposits, you need a feasible way to get through it. Here comes the need for an online FD calculator. PNB Housing Finance FD calculator is a user-friendly online tool known for its accuracy and time efficiency.

Here’s more about its function!

How does PNB Housing Finance FD Calculator Work?

PNB Housing Finance FD calculator features an easy interface to make the calculation procedure seamless. Here are the steps you need to follow while calculating the FD returns using this tool:

1. Start with entering the amount you intend to deposit on the “Total Investment” space
2. Fill the “Number of years” tab with the estimated period for which you intend to invest in fixed deposit
3. Enter a suitable ROI in the “Interest Rate”
4. Get your results displayed on this same page in a payment breakup of “Invested Amount”, “Estimated Return”, and “Total Value”.

You can enter the amount in the required fields by typing manually. Or else, you can drag the purple line across the fields until reaching the desired figure.

Moreover, you can compare the FD returns by altering investment tenures, rate of interest, etc., and selecting a convenient period.

PNB Housing Finance fixed deposit are of two types: Non-cumulative and cumulative.

There are two formulas to calculate FD returns:

Here’s an interpretation of the simple interest calculation formula: a
M= P+ (PXRXT/100)

In this above formula, ‘M’ stands for the total maturity amount earned after completing the tenure

‘P’ represents the principal amount, i.e. the amount you intend to invest in a fixed deposit

‘R’ stands for the annual rate of interest, and

‘T’ denotes the total period of investment

However, the compound interest formula goes as follows:

A = P (1 + r/n) ^ n*t

Here, ‘A’ is the total amount received on FD maturity

‘P’ represents your invested amount

‘r’ stands for the PNB Housing Finance fixed deposit interest rate

‘n’ is the frequency of compounding interest

‘t’ denotes the investment tenure in years

Benefits of An Online PNB Housing Finance FD Calculator

Now that you know about the calculation process and the formula used in a manual calculation, let’s find out the advantages of this online tool. Some of the notable benefits of the PNB Housing Finance FD calculator are stated below:

The best part is, you do not need to enter any personal information like contact details or name to assess this tool. In case you are planning to invest in PMB Housing Finance FD, Upstox PNB Housing Finance fixed deposit calculator can be of much help. It features an easy user interface for your convenience. So, you can now opt for better financial and investment planning with this amazing tool!

Frequently Asked Questions

What is the highest interest rate on PNB Housing Finance FD?

PNB Housing Finance FD provides the highest interest rate of 7.55% on fixed deposit amounts for a tenure of 36-47 months of cumulative FD.

What is the minimum amount of investment for PNB Housing Finance FDs?

The minimum fixed deposit investment amount in PNB Housing Finance is ₹10,000.

Do we have a premature withdrawal facility on PNB Housing Finance FD?

Yes, you can withdraw your fixed deposit amount after the third month from the deposit date.

What is the penalty for early withdrawal in PNB Housing Finance FD?

If you withdraw the amount within six months from the date of deposit, you earn 4% interest on the deposited sum. However, when you withdraw the money after 6 months, a 1% penalty will be charged against the interest earned.

In how many years has FD doubled in the PNB Housing Finance?

Let’s assume, you are receiving an interest of 7.40% on your deposited amount, then your FD amount will become double in 9.7 years. This is calculated using the rule of 72. You can simply divide 72 by the interest you are earning on your FD and find out the result.

Does PNB Housing Finance provide an auto-renewal facility for fixed deposits?

Yes, PNB Housing Finance offers an auto-renewal facility at the maturity of your fixed deposit tenure. It will help automatically renew your fixed deposit as per the previous rates and tenures.

Are there any special rates for the senior citizen depositors?

With PNB Housing Finance fixed deposits senior citizens can avail of an additional 0.25% of interest on the basic fixed deposit rates. It is only applicable for deposits of up to ₹1 crore.

Who are eligible to open a PNB Housing Finance FD?

PNB Housing Finance provides fixed deposit schemes for Indian citizens, NRIs, organisations like partnership firms, associations, trusts, public/private limited companies, Co-operative banks and societies, etc. across their branch’s network.

This calculator is meant to be used for indicative purposes only. It is designed to assist you in determining the appropriate amount of prospective investments. This calculator alone is not sufficient and shouldn’t be used for the development or implementation of any investment strategy. Upstox does not take the responsibility/liability nor does it undertake the authenticity of the figures calculated therein. Upstox makes no warranty about the accuracy of the calculators/reckoners. The examples do not claim to represent the performance of any security or investments. In view of the individual nature of tax consequences, each investor is advised to consult his/her own professional tax advisor before making any investment decisions on the basis of the results provided through the use of this calculator.