PNB RD Calculator

A Recurring Deposit (RD) is a reliable and disciplined savings option that allows individuals to invest a fixed amount every month and earn interest over a specified period. Punjab National Bank (PNB), one of India’s leading public sector banks, offers attractive RD schemes with competitive interest rates, making it a popular choice for conservative investors seeking secure and assured returns.

Since PNB RD interest is compounded quarterly, manually calculating the maturity amount and total interest can be time-consuming and error prone. A PNB RD Calculator simplifies this process by offering quick and accurate estimates based on the monthly deposit, tenure, and current PNB RD interest rates.

An online PNB Recurring Deposit Calculator helps savers make informed financial decisions by providing instant calculations, comparing different RD scenarios, and assisting in planning their investment goals effectively.

What is a PNB RD Calculator?

The PNB RD Calculator is a free online tool that helps investors determine the total maturity amount and interest earnings from a PNB recurring deposit. Instead of calculating manually, users can simply input their monthly deposit, tenure, and applicable PNB RD interest rate to get instant and precise results.

Key Features of PNB Recurring Deposits

• Flexible Monthly Contributions – Deposit a fixed sum every month for a chosen tenure.
• Attractive Interest Rates – PNB RD interest rates vary based on tenure and RBI policies.
• Wide Tenure Range – Choose between 6 months to 10 years as per your savings goals.
• Guaranteed Returns – Offers fixed returns, ideal for risk-averse investors.
• Quarterly Compounding – Interest is compounded every quarter, boosting returns over time.

How Does the PNB RD Calculator Work?

The PNB RD Calculator uses the compound interest formula to compute the maturity amount based on the input values. The interest is compounded quarterly, aligning with how PNB calculates RD interest.

PNB RD Interest Calculation Formula:

A=P×(1−(1+r/n)−1(1+r/n)nt−1​)

Where:

• A = Maturity Amount
• P = Monthly Deposit
• r = Annual Interest Rate (PNB RD rate)
• n = Compounding Frequency (Quarterly = 4)
• t = Tenure (in years)

Example Calculation

Let’s assume an investor deposit ₹5,000 every month into a PNB RD for 5 years at an interest rate of 6.9% per annum.

Using the PNB RD Calculator:
Maturity Amount = ₹3,46,832
Total Interest Earned = ₹46,832

Factors That Impact PNB RD Interest Calculation

1. Monthly Contribution – Higher deposits yield greater maturity amounts.
2. RD Tenure – Longer tenures allow more compounding, increasing overall returns.
3. PNB Interest Rate – The applicable rate depends on current rates and policy updates.
4. Compounding Frequency – With quarterly compounding, earnings grow faster over time.

How to Use FYERS PNB RD Calculator?

With the FYERS online PNB RD calculator, you can estimate your savings in a few easy steps:

Steps:

1. Enter the Monthly Deposit Amount – Input how much you’ll invest each month.
2. Select Tenure – Choose a duration between 6 months and 10 years.
3. Enter PNB RD Interest Rate – Use the latest applicable rate.
4. Click "Calculate" – View:
   • Maturity Amount
   • Total Interest Earned
   • Quarterly breakdown (optional)

Example Usage

• Monthly Deposit: ₹10,000
• Tenure: 5 years
• Interest Rate: 7.1%

Result from PNB RD Calculator:

• Maturity Amount: ₹7,00,317
• Total Interest Earned: ₹1,00,317

Benefits of Using a PNB RD Calculator

1. Instant and Error-Free Results – Skip complex math and get accurate calculations in seconds.
2. Time-Saving – No need for manual formula application or spreadsheets.
3. Helps Budget Better – Plan monthly savings with a clear goal.
4. Compare RD Scenarios – Experiment with different deposit amounts and tenures.
5. Risk-Free Planning Tool – Ensures clarity in financial decisions.
6. Suitable for All Investor Types – Salaried professionals, students, homemakers, and retirees alike.

The PNB Recurring Deposit is a trusted investment instrument for those seeking predictable and secure returns. Whether you’re saving for a future expense, planning a large purchase, or building a disciplined saving habit, the PNB RD Calculator makes your planning faster, easier, and smarter.