Punjab & Sind Bank FD Interest Rates

Fixed deposits make an excellent saving option for people looking for security as well as an appreciation of their investment.

Punjab & Sind Bank is one of the premier banks in the country offering attractive rates of interest o fixed deposits.

Interest rates for normal saving accounts in PSB India are 3.5% for an amount up to 20 lakhs and 4.00% for the amount above 20 lakhs which is same as other public sector banks. Below interest rates are effective from 11 January 2019.

Punjab & Sind Bank Fixed Deposit Interest Rates 2019 For domestic deposits:

Time Period	Interest Rate For Amount Below 1 Crore (% p.a.)	Interest Rate For Amount Above 1 Crore (% p.a.)
7 Days to 14 Days	4.00%	Contact Branch
15 Days to 30 Days	4.00%	*
31 Days to 45 Days	4.00%	*
46 Days to 60 Days	5.50%	*
61 Days to 90 Days	5.50%	*
91 Days to 180 Days	5.85%	*
181 Days to 270 days	6.40%	*
271 Days to 1 year	6.40%	*
1 Year	7.00%	*
1 Year to 2 Years	7.00%	*
2 Years to 3 Years	6.80%	*
3 Years to 5 Years	6.55%	*
5 Years to 10 Years	6.55%	*

Punjab and Sind Bank NRE Fixed Deposit Rates (February 2019):

Tenure	Interest Rates Below 1 Crore
1 Year to 2 Years	7.00%
2 Years to 3 Years	6.80%
3 Years to 5 Years	6.55%

PSB fixed deposit tax saver scheme:

Period	General	Sr. citizen	staff	ex-staff ( sr. citizen )
5 years	6.55%	7.05%	7.55%	7.55%

Table undated: 18 February 2019

Important notes:

• The minimum amount shall be deposited 1 lakh.
• Contact the nearest branch for above 5 crore deposits.
• Extra .50% interest is available for citizens ( below 1 crore and above 180 days deposits only).

Punjab & Sind Bank Fixed Deposit Interest Calculator

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Confirm details from official Punjab & Sind bank website @https://www.psbindia.com/interestdom.php