Up to 8.15% FD interest rate: Punjab & Sind Bank increases fixed deposit rates The new rates are effective from October 21, 2024
Punjab & Sind Bank has increased fixed deposit interest rates for specific tenures and introduced special tenure fixed deposits with limited period offer. The new rates are effective from October 21, 2024.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
Punjab & Sind Bank fixed deposit rates
After the revision, Punjab & Sind offers fixed deposit interest rates between 4% to 7.45% for callable deposits for tenure ranging from 7 days to 10 years for general citizens. The bank also offers highest interest rate of 7.50% on non-callable deposit of tenure 555 days (Non - Callable).Punjab & Sind Bank Senior citizens FD rates
Senior Citizens shall be given benefit of additional interest of 0.50% on term deposits of less than Rs. 3 crore, over and above the mentioned rates for the maturity of 180 days & above on fresh as well as on renewal of term deposits. The bank offers an interest rate between 4% to 7.95% for callable deposits. The bank offers highest interest rate of 8% on non callable deposit tenue of 555 days.Punjab & Sind Bank Super Senior Citizens FD rates
Super Senior Citizens (80 Years & above) will be given benefit of additional interest of 0.15% on specific period (i.e. 222Days, 333Days, 444Days, 555 Days, 777Days, 999Days) Term Deposits of less than Rs. 3 crores, above for the maturity of 180 days & above on fresh as well as on renewal of term deposits. The highest interest rate offered for super senior citizen is 8.15% on tenure of 555 days on non callable deposit and 8.10% on callable deposit on same tenure.Revised w.e.f. 21/10/2024 (% p.a.)MaturityFixed DepositLess than Rs.3 Cr7 - 14 Days4.00(#)15 - 30 Days431 - 45 Days4.2546 - 90 Days4.591 - 120 Days4.5121-150 Days4.75151 - 179 Days6180 – 221 Days5.25222 Days6.30($)223 – 269 Days5.25270 – 332 Days5.5333 Days7.20($)334-5.51 Year6.3>1 Years - 443 Days6444 Days7.30($)445 Days - 554 Days6555 days ( Callable)7.45($)555 days ( Non - Callable)*7.50($)556 Days - 6>2 Years - 776 days6.3777 Days7.25($)778 Days- 998 Days6.3999 Days ( Callable)6.65($)999 Days (Non - Callable)*7.40($)1000 Days - 6.33 Years - 5 Years6>5 Years - 10 Years6.25
Special FD tenure with deadline
The special FD tenure of 222 days, 333 days, 444 days, 555 days (Callable), 555 days (Non - Callable), 777 days, 999 days ( Callable), 999 days (Non - Callable)* will be valid up to December 31, 2024.
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This story originally appeared on: India Times - Author:Faqs of Insurances
