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

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