Fixed deposits make an excellent saving option for people looking for security as well as 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 is 4% which is same as other public sector banks. Below interest rates are effective from 21 November, 2016.

psb india fd rates

Punjab & Sind Bank Fixed Deposit Interest Rates 2017 For domestic deposits:

Time PeriodInterest 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 4.10% *
31 Days to 45 Days 5.10% *
46 Days to 60 Days 5.60% *
61 Days to 90 Days 5.60% *
91 Days to 180 Days 6.10% *
181 Days to 270 days 6.60% *
271 Days to 1 year 6.85% *
1 Year 7.10% *
1 Year to 2 Years 7.00% *
2 Years to 3 Years 7.00% *
3 Years to 5 Years 7.00% *
5 Years to 10 Years 7.00% *

Punjab and Sind Bank NRE Fixed Deposit Rates 2017:

TenureInterest Rates Below 1 Crore
 1 Year to 2 Years 7.10%
 2 Years to 3 Years 7.00%
 3 Years to 5 Years 7.00%

PSB fixed deposit tax saver scheme:

PeriodGeneralSr. citizen staffex-staff ( sr. citizen )
 5 years 7.00% 7.50% 8.00% 8.00%

Table undated: 28 January, 2017

Calculate maturity value now

Important notes:

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

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

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