In this article, a planar monopole penta‐notched ultra‐wideband (UWB) antenna is designed and investigated. Three notches (2.81 GHz radar surveillance, 3.38 GHz WiMAX, and 3.87 GHz C‐band satellite downlink) have been realized by integrating three modified U‐shaped slots on the radiating surface. Furthermore, to create two additional notches (2.33 GHz ISM band and 5.75 GHz WLAN), two meander line electromagnetic bandgap (EBG); one located near to the feed line and another on the radiating surface, have been introduced in the design. These unit cells play a fundamental role in generating notches at higher as well as lower frequencies. The proposed antenna possesses an overall size of 34.9 × 31.3 × 1.6 mm3 and has been designed over FR4 substrate. A 50 Ω microstrip line is used to feed the antenna. The antenna without any extra arrangement exhibits an impedance bandwidth of 7.6 GHz. A parametric analysis is studied in detail to observe the band rejection characteristics. The ANSYS HFSS simulation software is used for simulating the proposed design structures. For validation purpose, a prototype is fabricated and characterized. A very good agreement is achieved between simulated and measured results.