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HomePersonal FinancePunjab & Sindh Bank increased interest on FD, check new interest rate

Punjab & Sindh Bank increased interest on FD, check new interest rate

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Punjab & Sindh Bank Fixed Deposit Rate: Punjab & Sindh Bank has given a gift to its crores of customers. The bank has revised the interest rates on its normal FD. These new rates have come into effect from October 1, 2024. Banks are offering FDs from 7 days to 10 years. The bank is offering interest ranging from 2.80 percent to 7.30 percent

Punjab & Sindh Bank Fixed Deposit Rate: Punjab & Sindh Bank has given a gift to its crores of customers. The bank has revised the interest rates on its normal FD. These new rates have come into effect from October 1, 2024. Banks are offering FDs from 7 days to 10 years. The bank is offering interest ranging from 2.80 percent to 7.30 percent. This interest rate is for common people. Check the latest interest rate.

Revised interest rate effective from 01/10/2024 (% p.a.)
Maturity Period Up to Rs 3 crore
7 – 14 days 2.80(#)
15 – 30 days 2.80
31 – 45 days 3.00
46 – 90 days 4.25
91 – 120 days 4.25
121-150 days 4.75
151 – 179 days 4.75
180 – 221 days 5.25
222 days 6.30
223 – 269 days 5.25
270 – 332 days 5.50
333 days 7.15
334 – <1 year 5.50
1 year 6.30
> 1 year – 443 days 6.00
444 days 7.25
445 days – 665 days 6.00
666 days 7.30
667 days – 2 years 6.00
Above 2 years < 998 days 6.30
999 days 6.65
1000 days < 3 years 6.30
3 Years – 5 Years 6.00
>5 Years – 10 Years 6.25

Also Read- Bank FD Interest Rates Changed: PNB, Punjab & Sind and Bank of Baroda have implemented new FD interest rates, check here

Punjab & Sindh Bank is offering special FD

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

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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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