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Punjab & Sind Bank Fixed Deposit Interest Rates
Punjab & Sind Bank offers FD interest rates from 2.85% p.a. to 6.80% p.a. for regular citizens, and 2.85% p.a. to 7.30% p.a. for senior citizens, across tenures from 7 days to 10 years. The interest rate on Punjab & Sind Tax Saving FDs is 5.95% p.a. for the general public and 6.45% p.a. for senior citizens.
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Maximum returns offered by:
7.4%*
(Tax-Free)
Guaranteed Plan
(By Insurance companies)4.6%*
(After Tax)
Fixed Deposit
(Offered by Banks)4.0%*
Savings Account
(Post Office)Get Guaranteed returns up to 7.4%*
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Fixed Deposits
- Punjab and Sind Bank FD Interest Rates
The bank also offers various fixed deposit products for NRIs, including NRE, NRO, RFC, and FCNR(B) fixed deposits. Punjab & Sind Bank accepts FCNR (B) fixed deposits in US Dollars (USD), British Pound Sterling (GBP), Euro (EUR), Japanese Yen (JPY), Canadian Dollar (CAD) and Australian Dollar (AUD). The bank accepts RFC fixed deposits in EUR, GBP, USD and JPY.
| Punjab & Sind Bank Fixed Deposit (FD) Interest Rates (p.a.) Highlights | |
| Highest slab rate | 6.75% (tenure: 666 days) |
| For 1 year | 5.85% |
| For 2 years | 5.95% |
| For 3 years | 5.85% |
| For 4 years | 5.85% |
| For 5 years | 5.95% |
| Tax-Saving FD | 5.95% |
Updated Punjab & Sind Bank FD rates effective from 16th June, 2026
Punjab and Sind Fixed Deposit Interest Rates
PSB FD Rates (Domestic, NRO and Capital Gain Accounts Scheme) below ₹3 crore, effective 16 June 2026
| Tenure | Interest Rates (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 7 – 14 Days | 2.85% | 2.85% |
| 15 – 30 Days | 2.85% | 2.85% |
| 31 – 45 Days | 2.85% | 2.85% |
| 46 – 90 Days | 3.35% | 3.35% |
| 91 – 120 Days | 3.35% | 3.35% |
| 121 – 150 Days | 3.35% | 3.35% |
| 151 – 179 Days | 4.85% | 4.85% |
| 180 – 364 Days | 4.85% | 5.35% |
| 1 Year | 5.85% | 6.35% |
| >1 Year – 374 Days | 5.6% | 6.10% |
| 375 Days (Callable) | 6.4% | 6.90% |
| 376 – 443 Days | 5.6% | 6.10% |
| 444 Days (Callable) | 6.8% | 7.30% |
| 445 Days – 665 Days | 5.85% | 6.35% |
| 666 Days (Callable) | 6.85% | 7.35% |
| >667 < 22 Month | 5.85% | 6.35% |
| 22 Month (PSB Green Earth) | 5.95% | 6.45% |
| > 22 Month < 2 years | 5.85% | 6.35% |
| 2Y-776 Days | 5.95% | 6.45% |
| 777 Days | 6.1% | 6.60% |
| 777 Days -998 Days | 5.85% | 6.35% |
| 999 Days (Callable) | 6% | 6.50% |
| 1000 Days - <3 Years | 5.95% | 6.45% |
| 3Y - <44 Month | 5.85% | 6.35% |
| 44 Month (PSB Green Earth) | 5.95% | 6.45% |
| > 44 Month < 5 Y | 5.85% | 6.35% |
| 5Y | 5.95% | 6.45% |
| >5Y<66 Month | 5.85% | 6.35% |
| 66 Months (PSB Green Earth) | 5.95% | 6.45% |
| >66 Month- 10 Year | 5.85% | 6.35% |
Punjab & Sind Bank Fixed Deposit Interest Rates effective 16th June 2026
Notes:
- Senior citizens get an additional 0.50% p.a. on 180 days and above, and their rates do not apply to NRO and NRE deposits.
- The Minimum deposit: Rs 1 lakh.
- Super senior citizens get an additional 0.15% p.a. on tenures of 333, 444, 555, 777 and 999 days, and on PSB Green Earth deposits.
PSB Fixed Deposit Tax Saver Scheme
| Tenure | Regular Citizens | Senior Citizens |
| 5 years | 5.95% | 6.45% |
Punjab & Sind Bank Interest Rates on FCNR (B) Deposits w.e.f. 15 June 2026
| Tenures | USD | GBP | EURO | CAD | AUD |
| 2yr to less than 3 years | 3.65% | 3.00% | 1.50% | 2.90% | 3.60% |
| 3yr to less than 4 years | 6.70% | 2.75% | 1.50% | 2.65% | 3.10% |
| 4yr to less than 5 years | 6.75% | 2.75% | 1.50% | 2.75% | 3.10% |
| 5 years only | 6.80% | 2.75% | 1.50% | 2.75% | 3.00% |
Punjab & Sind Bank FCNR Rates w.e.f. 15th June 2026
Types of Punjab and Sind Bank FD Schemes
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PSB Fixed Deposit Tax Saver Scheme
- Minimum deposit: Rs 100
- Lock-in period: 5 years
- Deposits under PSB Tax saver FD are eligible for a tax deduction of up to Rs 1.5 lakhs per financial year.
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PSB Dhan Lakshmi 444 Days
- Tenure: 444 days
- Deposit amount: Minimum Rs 500, Maximum Rs 1.99 crore
- Senior citizens get an additional 0.50% p.a. over the regular citizen rate and Super senior citizens 0.15% p.a. over the senior citizen rate
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PSB Fixed Deposit Schemes
- PSB Senior citizen FD depositors get an additional 0.50% p.a. on tenures of 180 days to 10 years
- Tenure: 7 days to 10 years
- Automatic renewal restricted to maturity values below Rs 2 crore
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Non-Resident (External) Rupee Account Scheme – NRE Account
- Nomination facility available
- Funds in this account are repatriable
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Non-Resident Ordinary Rupee Account Scheme (NRO Account)
- Nomination facility available
- Funds in this account are not repatriable, except for:
- Current income
- Up to USD 1 million per financial year, for permissible purposes
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Foreign Currency (Non-Resident) Account Scheme – FCNR (B) Account
- Tenure: 1 year to 5 years
- Nomination facility available
- Currencies available: US Dollar (USD), Pound Sterling (GBP), Euro (EUR), Australian Dollar (AUD) and Canadian Dollar (CAD)
FD Calculator
Punjab & Sind Bank does not have an FD calculator on its website. Individuals planning to open an FD with the bank can instead visit the Policybazaar FD Calculator or other online financial marketplaces and use their FD Calculator to estimate the maturity amount based on the deposit amount, tenure, and Punjab & Sind FD rates.
FAQs
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What is the highest FD rate in Punjab & Sind Bank?
The highest FD interest rate in PSB is 6.85% p.a. for the general public and 7.35% p.a. for senior citizens. -
What are the key benefits of a Punjab & Sind Bank FD?
There are many benefits for Punjab & Sind Bank FD; some of them are:- Attractive Interest Rates
- Flexible Tenures
- Special FD Schemes
- Tax Saving Option
- Nomination Facility
- Credit Card Against FD Facility
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What is the senior citizen scheme in Punjab & Sind Bank?
The senior citizens savings schemes available in Punjab & Sind Bank are:
FD Calculator
Interest Earned
Maturity AmountFD Rates Articles
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10 Feb 2026
The fixed deposit interest rates in India are generally between
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
* The Guaranteed Returns are dependent on the policy term and premium term availed, along with the other variable factors. The 7.4% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and premium term of 10 years with a Rs . 20,000 monthly instalment premium. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year, and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
** The Life Cover amount varies as per plan specifications. Please read the policy document for details.
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
#Discount offered by insurance company
##The Guaranteed Returns are dependent on the policy term and premium term availed along with other variable factors. 7.4% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and a premium term of 10 years with ₹5,00,000 annually installment premium. All plans listed here are from insurance companies’ funds.
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