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Bank Special FD: Bank has extended deadline for investing in special FDs and also increased FD interest rate

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Punjab & Sind Bank Special FD: Punjab & Sind Bank has given a gift to its crores of customers. The bank has extended the deadline for investment in its special FD. Earlier the time to invest in these special period FDs was 31 December 2024, which has been extended to 31 March 2025.

Punjab & Sind Bank Special FD: Punjab & Sind Bank has given a gift to its crores of customers. The bank has extended the deadline for investment in its special FD. Earlier the time to invest in these special period FDs was 31 December 2024, which has been extended to 31 March 2025. Apart from this, the bank has revised the interest rate on its regular FD. These new rates are applicable from 1 January 2025.

Punjab & Sind Bank Special FD

Punjab & Sind Bank is offering special FDs of 222 days, 333 days and 444 days to its customers. This special FD is getting a maximum interest of 8.05 percent. According to the bank’s website, the bank is giving 7.05 percent interest on FDs of 222 days, 7.10 percent on FDs of 333 days and 7.25 percent on FDs of 444 days. The bank is giving 8.05 percent interest to super senior citizens on FDs of 444 days. The bank gives an extra interest of 0.50 percent to senior citizens. Super senior citizens get 0.15 percent more interest in addition to 0.50 percent.

Interest rate on regular FD

All Indian residents, NRIs and NROs can invest in this FD. If you invest for a period of seven to 30 days, you will get interest at the rate of 2.8 percent. 3 percent interest will be given on investment for 31 to 45 days. If you make a fixed deposit for 46 to 90 days, you will get 4.25 percent interest rate. 4.25 percent interest will be available on a period of 91 to 179 days. 5.25 percent interest is available on FD of 180 to 269 days. Below is the information about the interest being given on all FDs of the bank from January 1, 2025.

Punjab & Sind Bank revised interest on FD

Maturity PeriodAnnual interest rate on FD of Rs 3 crores (applicable from January 1, 2025)
7 – 14 days4.00(#)
15 – 30 days4.00
31 – 45 days4.25
46 – 90 days4.50
91 – 120 days4.50
121-150 days4.75
151 – 179 days6.00
180 – 269 days5.25
270 – 332 days5.50
333 days7.20 ($)
334 – <1 year5.50
1 year6.30
> 1 year – 443 days6.00
444 days7.30 ($)
445 days – 554 days6.00
555 days (Callable)7.45 ($)
555 days (Non-Callable)*7.50 ($)
556 days – <22 months6.00
22 Months7.00*
>22 months -< 2 years6.00
2 years – 776 days6.30
777 days7.25 ($)
778 days – 998 days6.30
999 days (Callable)6.65 ($)
999 days (Non-Callable)*7.40 ($)
1000 days -< 3 years6.30
3 years -< 44 months6.00
44 Months6.75*
>44 months – 5 years6.00
>5 years -< 66 months6.25
66 Months6.45*
>66 months – 10 years6.25

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Deepak Kumar
Deepak Kumar
Deepak Kumar has 2 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @deepakmaurya152004@gmail.com
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