|Tenure||Normal Citizen FD Rate||Senior Citizen FD Rate|
|7 days - 1 month||2.8%||2.8%|
|1 month 1 day - 1 month 15 days||3%||3%|
|1 month 16 days - 3 months 1 day||4.6%||4.6%|
|3 months - 5 months 27 days||4.75%||4.75%|
|5 months 28 days - 10 months 27 days||5.5%||6%|
|10 months 28 days - 10 months 28 days||6.5%||7%|
|10 months 29 days - 11 months 29 days||5.5%||6%|
|11 months 30 days - 11 months 30 days||6.4%||6.9%|
|1 year - 1 year 2 months 16 days||6.2%||6.7%|
|1 year 2 months 17 days - 1 year 2 months 17 days||7.4%||7.9%|
|1 year 2 months 18 days - 1 year 6 months 7 days||6.2%||6.7%|
|1 year 6 months 8 days - 1 year 6 months 8 days||7.35%||7.85%|
|1 year 6 months 9 days - 1 year 11 months 30 days||6.2%||6.7%|
|2 years - 2 years 11 months 29 days||6.5%||7%|
|2 years 11 months 30 days - 4 years 11 months 29 days||6%||6.5%|
|4 years 11 months 30 days - 9 years 11 months 28 days||6.3%||6.8%|
Note: All interest rates shown above are as on 6th Nov 2023
Punjab & Sind Bank is under the ownership of Ministry of Finance, Government of India. The bank was established in Amritsar on 24 June 1908. The bank has a balance sheet size of Rs. 2,57,832 Cr as on 31st March 2020. The bank recorded a Loss of Rs 991 Cr in FY20
2.8% - 7.4%
2.8% - 7.9%
FD Rate for Seniors
₹ 2 Crores
Loan against FD
|Investment Amount||For 3 years with interest of 6%||For 5 years with interest of 6%|
|₹ 50,000||₹ 59,834||₹ 67,443|
|₹ 1 lakh||₹ 1,19,668||₹ 1,34,885|
|₹ 2 lakh||₹ 2,39,336||₹ 2,69,770|
|₹ 5 lakh||₹ 5,98,340||₹ 6,74,425|
|₹ 10 lakh||₹ 11,96,681||₹ 13,48,850|
Use FD calculator to change values and compare your returns from top banks.
|Maturity Amount||₹ 1,06,591||₹ 1,07,763|
|Total Investment Amount||₹ 1,00,000||₹ 1,00,000|
|Total Interest Gained||₹6,591||₹ 7,763|
|Bank Name||FD Interest Rates|
|Kerala Gramin Bank FD||7.5% - 8%|
|Ellaquai Dehati Bank FD||6.25% - 6.75%|
|Manipur Rural Bank FD||6.2% - 6.7%|
|Sarva Haryana Gramin Bank FD||6.75% - 7.25%|
|City Union Bank FD||6.5% - 6.75%|
|LIC Housing Finance FD||7.75% - 8%|
|Dhanlaxmi Bank FD||6.5% - 7%|
|Tamilnad Mercantile Bank FD||6.5% - 7%|
|Capital Small Finance Bank FD||7.15% - 7.65%|
|Madhyanchal Gramin Bank FD||6% - 6.5%|
Punjab Sind Bank FD provides a wide range of fixed deposits including cumulative, tax-saver, and flexi deposits. The Punjab Sind Bank FD rates range from 3% to 5.30% with an additional 0.50% for senior citizens. Know about the types of fixed deposits, their features and calculate the interest to be earned for a fixed tenure.
Eligibility- Individuals, Sole Proprietors, partnership firms, Private and Public Limited Companies, HUFs, Specified Associates, Societies, Trusts, Departments of Authority created by Government (Central or State), Limited Liability Partnership.
A joint account with another individual is allowed
With an “Either or Survivor” or “Former or Survivor” mandate, the bank will only allow the surviving joint depositor to withdraw funds before the death of the other joint depositor. This is allowed only if the joint depositor has signed a joint mandate. All Term Deposit account opening forms invariably include conditions through which the account holders can specify their terms.
If no instructions or mandates are received from the customer for not renewing the deposits, the deposit will be auto-renewed. The renewal will be for the same period of time as the matured deposit at the prevailing rate of interest. The automatic renewal will be applicable for deposits with a maturity value of less than Rs. 2 crores at maturity. However, auto-renewal is not applicable to PSB Fixed Deposit Tax Saver Scheme, Capital Gain Deposit, Bulk Deposit, and Inter-Bank Deposit.
A new applicant must submit the application form, his or her PAN along with any of the following address proofs. However, no document is required if the applicant is an existing account holder and KYC is updated.
What is the highest Punjab and Sind Bank FD rate today?
What is the highest interest rate on Punjab and Sind Bank 1 year FD scheme?
What is Punjab and Sind Bank FD scheme interest rate for 5 years?
How many years FD will double in Punjab and Sind Bank?
What is Punjab and Sind Bank FD minimum deposit amount?
What is senior citizen fixed deposit interest rates in Punjab and Sind Bank?
What are the available FD tenures in Punjab and Sind Bank?
What is Punjab and Sind Bank FD ROI for 10 lakh deposit for 1 year?
The interest from the Punjab and Sind Bank FD calculator for 10 lakh deposit for 1 year will be INR 66,972. The maturity value will be INR 10,66,972. You can use Scripbox’s FD Calculator to determine the maturity value of your investment.
How to check the fixed deposit balance in Punjab and Sind Bank?
How many FDs can be opened in Punjab and Sind Bank?