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public vs public sector

PNB vs SBI FD

Side-by-side comparison of Punjab National Bank and State Bank of India FD schemes — rate bands, senior bonuses, compounding and end-to-end maturity on identical inputs. All figures use last-published rates as on 2025-09.

PNB vs SBIFD side-by-side

rates as on 2025-09
1,00,000
3.00
6.25
6.50
PNBpublic
Effective rate
6.25% p.a.
Invested
₹1,00,000
Interest
₹20,448
Maturity
₹1,20,448
SBIpublic
Effective rate
6.5% p.a.
Invested
₹1,00,000
Interest
₹21,341
Maturity
₹1,21,341
// verdict
SBI wins by ₹892 over the chosen tenor — a difference of 0.74% in maturity value.

PNB FD Interest Rates

last published — 2025-09
TenorGeneral (% p.a.)Senior (% p.a.)
7 – 45 days3.504.00
46 – 179 days5.506.00
180 days – 1 year6.256.75
1 year – 2 years6.807.30
2 – 3 years7.007.50
3 – 5 years6.507.00
5 – 10 years6.507.30
Rates shown are the last-published indicative rates from Punjab National Bank as on 2025-09. Verify the current schedule on the bank's official website before booking a deposit — actual rates may change without notice.

SBI FD Interest Rates

last published — 2025-09
TenorGeneral (% p.a.)Senior (% p.a.)
7 days – 45 days3.504.00
46 days – 179 days5.506.00
180 days – 210 days6.256.75
211 days – < 1 year6.507.00
1 year – < 2 years6.807.30
2 years – < 3 years7.007.50
3 years – < 5 years6.757.25
5 years – 10 years6.507.50
Rates shown are the last-published indicative rates from State Bank of India as on 2025-09. Verify the current schedule on the bank's official website before booking a deposit — actual rates may change without notice.

// pnb vs sbi at a glance

PNB

Second-largest public sector bank with century-old roots and one of the strongest senior citizen FD bonuses.

  • · Established 1894, HQ New Delhi
  • · FD rate band: 3.50% – 7.00%
  • · Senior bonus: 50 bps
  • · Min deposit: ₹1,000
SBI

India's largest public sector bank with a nationwide branch network and one of the deepest FD/RD ladders in the country.

  • · Established 1955, HQ Mumbai
  • · FD rate band: 3.50% – 7.00%
  • · Senior bonus: 50 bps
  • · Min deposit: ₹1,000

Both Punjab National Bank and State Bank of India are scheduled commercial banks regulated by the Reserve Bank of India, so the contract terms, KYC requirements and DICGC ₹5 lakh deposit insurance are identical. The real differentiation is in the rate card and the special-tenor product mix.

The FDcalculator above lets you tune principal, tenor, and each bank's applicable rate independently — useful when the two banks lead at different slabs (a common scenario when one runs a special-tenor offer like 444 / 555 / 700 days).

// frequently asked questions

PNB's FD rates span 3.50%–7.00% p.a. while SBI spans 3.50%–7.00% (as on 2025-09). The 'better' bank depends on your exact tenor — use the calculator above to compare on the slab you actually plan to book.