Punjab & Sindh Bank fdr rates

Domestic Savings Interest – date 20/04/2020 w.e.f.

Balance at End of the day Rate of Interest in %
Upto 20 Lakhs 3.10
Above 20 Lakhs 3.50
Rate of interest on domestic term deposits, NRO accounts, capital gain accounts scheme 1988, recurring deposit scheme and psb fixed deposit tax-saver scheme
Revised w.e.f. 08/06/2020 (% p.a.)
Maturity Fixed Deposit

Less than Rs.2 Cr

7 – 14 Days 3.50(#)
15 – 30 Days 3.50
31 – 45 Days 3.50
46 – 90 Days 4.25
91 – 120 Days 4.50
121-150 Days 4.50
151 – 179 Days 4.50
180 – 269 Days 5.00
270 – 364 Days 5.10
1 Year – 2 Years 5.55
Above 2 Year < 3 Years 5.55
3 Years – 5 Years 5.55
> 5 Year – 10 Years 5.55

(#) Minimum amount of term deposit shall be Rs. 1.00 lac

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