For kind attention of the customers - » We are changing our Account Terms and Conditions WEF 1 July 2019. » Do not disclose your Personal information such as account number, login ID & password, debit card number & PIN to anyone.
Fixed Deposits
Monthly Interest Earner Account
  • Pays interest on a monthly basis;
  • Interest paid for a calender month;
  • Interest credited on last working day of the month;
  • Interest will be credited to nominee account or
  • Interest will be remitted as per customer’s instructions;


  • Please Note: Monthly Interest Earner Account is no longer available.


  • Annual Interest Earner Account
    • Pays interest on a yearly basis;
    • Interest paid upto the anniversary date;
    • Interest credited on last working day of the year;
    • Interest will be credited to nominee account or
    • Interest will be remitted as per customer’s instructions;
    • Principal will be credited to nominee account, remited as per customer’s instructions or reinvested by rolling over fixed deposit at a new applicable interest rate for a requested period.
    Reinvestment Plan
    • Pays interest on the maturity date;
    • Interest annually compounded ;
    • Principal and interest will be credited to nominee account, remited as per customer’s instructions or reinvested by rolling over fixed deposit at a new applicable interest rate for a requested period.

    • These rates are applicable for deposits account up to 1.5 million in respective currency.
    • Gross Interest will mean total interest payable in account without any compounding effect.
    • AER means Annual Equivalent Rate
    • Interest Calculation will be on annual basis and would be payable at the end of the term along with the principal amount of deposit.
    • In case of Premature Withdrawal, interest will be paid @0.50 less than the applicable rate of interest for the period for which the deposit has actually run.



    Punjab National Bank (International) Limited (PNBIL) is a UK incorporated banking subsidiary of Punjab National Bank, India (PNB). PNBIL is Authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. PNBIL is a member of the Financial Ombudsman Service (FOS) and the Financial Services Compensation Scheme (FSCS). PNBIL is authorised for accepting deposits by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Your eligible deposits are protected by the Financial Services Compensation Scheme, the UK's deposit protection scheme. The FSCS protects most depositors, including individuals and small companies upto £85,000. Eligible deposits of large companies and small local authorities are covered upto £85,000.