Punjab and Sind Bank Interest Rates on FD, Feb 2017

Fixed Deposit Interest Rate of Punjab and Sind Bank

Last Updated 24th Feb 2017
Tenure General Rates Senior Citizen Rates
7 days to 14 days 4.00% 4.50%
15 days to 30 days 4.10% 4.60%
31 days to 45 days 5.10% 5.60%
46 days to 90 days 5.60% 6.10%
91 days to 150 days 6.10% 6.60%
151 days to 179 days 6.10% 6.60%
180 days to 269 days 6.60% 7.10%
270 days to 364 days 6.85% 7.35%
1 year to 2 years 7.10% 7.60%
2 years 1 day to 2 years 364 days 7.00% 7.50%
3 years to 5 years 7.00% 7.50%
5 years 1 day to 10 years 7.00% 7.50%
Read Latest News on Punjab and Sind Bank Here
  • Punjab and Sind Bank offers FD interest rates upto 7.10% per annum.
  • Interest on deposits with Punjab and Sind Bank is typically compounded quarterly.
  • Punjab and Sind Bank accepts deposits starting at Rs. 1000 for various tenures.
  • For senior citizens (age more than 60 years), Punjab and Sind Bank offers higher interest rate over and above rates mentioned below.
Calculate Punjab and Sind Bank
FD Maturity Amount

Punjab and Sind Bank Fixed Deposit – Premature Withdrawl

  • You may break you FD and withdraw your money subject to minimum moratorium requirements.
  • However, in case of premature withdrawal, Punjab and Sind Bank pays applicable ROI for actual duration of deposit and charges 0.50% penalty for deposits upto Rs. 15 lakhs and 1.0% penalty for deposits above Rs. 15 lakhs.

Loan against Punjab and Sind Bank FD

  • Punjab and Sind Bank offers loan upto 90% against its own deposit. Note that you cannot obtain a loan against FD from another bank.
  • Applicable rate of interest on loan against FD is typically 0.5% to 2% over the fixed deposit rate.

Punjab and Sind Bank Interest Rates in your city. How and where to apply?

  • Keep your KYC documents - PAN card, address proof and photo ready.
  • In case you already hold an account with Punjab and Sind Bank, you don’t need to submit KYC documents again.
  • To know more or apply, contact any of the branches of Punjab and Sind Bank in your city - Find Punjab and Sind Bank Branches here

About Punjab and Sind Bank

News - Feb 2017
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