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FD Rate Hike: These banks gave a gift to crores of customers before Diwali! Increased interest on FD

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FD Rate Hike: These banks gave a gift to crores of customers before Diwali! Increased interest on FD

Punjab & Sind Bank Fixed Deposit Rate: Punjab & Sind 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 21 October 2024. Banks are offering FDs from 7 days to 10 years. The bank is offering interest ranging from 4 percent to 7.50 percent

Punjab & Sind Bank Fixed Deposit Rate: Punjab & Sind 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 21 October 2024. The bank is offering FDs from 7 days to 10 years. The bank is offering interest ranging from 4 percent to 7.50 percent. This interest rate is for common people. Check the latest interest rate.

Revised interest rate effective from 21/10/2024 (% p.a.)

Maturity Period Up to Rs 3 crore
7 – 14 days 4
15 – 30 days 4
31 – 45 days 4.25
46 – 90 days 4.50
91 – 120 days 4.50
121-150 days 4.75
151 – 179 days 6
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 7.30
445 days – 554 days 6.00
555 days 7.50
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

 

Punjab and Sindh Bank is offering special FD

Punjab and 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 FDs of 222 days, 7.10 percent on FDs of 333 days and 7.25 percent on FDs of 444 days.

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