Punjab & Sind Bank is a government-owned bank in India, known for its wide range of banking services. It offers fixed deposits with competitive interest rates and flexible tenures, including special rates for senior citizens. Use the calculator to estimate your interest earnings and maturity amounts, making investment planning simple and efficient.
Here is the interest rate table for fixed deposits of less than 3 crore:
| Tenure | General Customers (%) | Senior Citizens (%) |
|---|---|---|
| 7 – 14 Days | 3.50 | 4.00 |
| 15 – 30 Days | 3.50 | 4.00 |
| 31 – 45 Days | 4.00 | 4.50 |
| 46 – 90 Days | 4.50 | 5.00 |
| 91 – 120 Days | 4.50 | 5.00 |
| 121 – 150 Days | 4.50 | 5.00 |
| 151 – 179 Days | 6.00 | 6.50 |
| 180 – 364 Days | 5.25 | 5.75 |
| 1 Year | 6.30 | 6.80 |
| >1 Year – 374 Days | 6.00 | 6.50 |
| 375 Days | 7.25 | 7.75 |
| 376 Days – 443 Days | 6.00 | 6.50 |
| 444 Days | 7.10 | 7.60 |
| 445 Days – <22 Months | 6.00 | 6.50 |
| 22 Months (PSB Green Earth) | 6.10 | 6.60 |
| >22 Months – <2 Years | 6.00 | 6.50 |
| 2 Years – 776 Days | 6.30 | 6.80 |
| 777 Days | 6.50 | 7.00 |
| 778 Days – 998 Days | 6.30 | 6.80 |
| 999 Days | 6.40 | 6.90 |
| 1000 Days – < 3 Years | 6.30 | 6.80 |
| 3 Years – < 44 Months | 6.00 | 6.50 |
| 44 Months (PSB Green Earth) | 6.10 | 6.60 |
| >44 Months – 5 Years | 6.00 | 6.50 |
| 5 Years | 6.50 | 7.00 |
| 66 Months (PSB Green Earth) | 6.35 | 6.85 |
| >5 Years – < 66 Months | 6.25 | 6.75 |
| >66 Months – 10 Years | 6.25 | 6.75 |
Data last updated on 01/04/2025. Check latest interest rates here.
Punjab & Sind Bank FD Calculator
Punjab & Sind Bank FD FAQs
Who can open a Term Deposit Account at Punjab & Sind Bank?
Term Deposit Accounts can be opened by individuals, sole proprietors, partnership firms, companies, HUFs, societies, trusts, LLPs, and other eligible entities.
What happens to a Term Deposit with “Either or Survivor” or “Former or Survivor” mandate if one depositor passes away?
The bank allows premature withdrawal by the surviving joint depositor only if there is a joint mandate from the depositors allowing this action.
Will my Term Deposit be automatically renewed upon maturity?
If no instructions are received from the customer, the deposit will be auto renewed for the same tenure at the prevailing interest rate, except for deposits like PSB Fixed Deposit Tax Saver, Capital Gain Deposits, and certain other deposits.
Can I choose not to auto-renew my Term Deposit?
Yes, you can specify your instructions at the time of account opening to avoid auto-renewal of your Term Deposit.