Punjab Sind Bank Fixed Deposit (FD) Interest Rates 2026
DICGC5.85%
Interest for 3 years
Punjab and Sind Bank FD Interest Rates 2026
| Tenure | Normal Citizen FD Rate | Senior Citizen FD Rate |
|---|---|---|
| 7 days - 1 month 15 days | 2.85% | 2.85% |
| 1 month 16 days - 4 months 28 days | 3.35% | 3.35% |
| 4 months 29 days - 5 months 26 days | 4.85% | 4.85% |
| 5 months 27 days - 11 months 30 days | 4.85% | 5.35% |
| 1 year - 1 year | 5.85% | 6.35% |
| 1 year 1 day - 1 year 9 days | 5.6% | 6.1% |
| 1 year 10 days - 1 year 10 days | 6.4% | 6.9% |
| 1 year 11 days - 1 year 2 months 17 days | 5.6% | 6.1% |
| 1 year 2 months 18 days - 1 year 2 months 18 days | 6.6% | 7.1% |
| 1 year 2 months 19 days - 1 year 9 months 28 days | 5.85% | 6.35% |
| 1 year 9 months 29 days - 1 year 9 months 29 days | 5.95% | 6.45% |
| 1 year 9 months 30 days - 1 year 11 months 29 days | 5.85% | 6.35% |
| 1 year 11 months 30 days - 2 years 1 month 15 days | 5.95% | 6.45% |
| 2 years 1 month 16 days - 2 years 1 month 16 days | 6% | 6.5% |
| 2 years 1 month 17 days - 2 years 8 months 23 days | 5.85% | 6.35% |
| 2 years 8 months 24 days - 2 years 8 months 24 days | 6% | 6.5% |
| 2 years 8 months 25 days - 2 years 11 months 29 days | 5.95% | 6.45% |
| 2 years 11 months 30 days - 3 years 7 months 27 days | 5.85% | 6.35% |
| 3 years 7 months 28 days - 3 years 7 months 28 days | 5.95% | 6.45% |
| 3 years 7 months 29 days - 4 years 11 months 29 days | 5.85% | 6.35% |
| 4 years 11 months 30 days - 4 years 11 months 30 days | 5.95% | 6.45% |
| 5 years - 5 years 5 months 28 days | 5.85% | 6.35% |
| 5 years 5 months 29 days - 5 years 5 months 29 days | 5.95% | 6.45% |
| 5 years 6 months - 9 years 11 months 28 days | 5.85% | 6.35% |
Note: All interest rates shown above are as on 5th Feb 2026
About Punjab and Sind Bank FD
Punjab & Sind Bank is under the ownership of Ministry of Finance, Government of India. The bank was established in Amritsar on 24 June 1908. The bank has a balance sheet size of Rs. 2,57,832 Cr as on 31st March 2020. The bank recorded a Loss of Rs 991 Cr in FY20
2.85% - 6.6%
FD Rate
2.85% - 7.1%
FD Rate for Seniors
₹ 1000
Minimum Deposit
₹ 2 Crores
Maximum Deposit
-
Lock-in
-
FD Tenure
-
Loan against FD
NA
CRISIL Rating
Punjab and Sind Bank FD Returns Based on Investment Amount
| Investment Amount | For 3 years with interest of 5.85% | For 5 years with interest of 5.95% |
|---|---|---|
| ₹ 50,000 | ₹ 59,567 | ₹ 67,275 |
| ₹ 1 lakh | ₹ 1,19,133 | ₹ 1,34,550 |
| ₹ 2 lakh | ₹ 2,38,267 | ₹ 2,69,100 |
| ₹ 5 lakh | ₹ 5,95,667 | ₹ 6,72,749 |
| ₹ 10 lakh | ₹ 11,91,334 | ₹ 13,45,499 |
Compare Punjab and Sind Bank Fixed Deposit Returns with Top Banks
Use FD calculator to change values and compare your returns from top banks.
 | | |
|---|---|---|
| Maturity Amount | ₹ 1,06,009 | ₹ 1,06,432 |
| Total Investment Amount | ₹ 1,00,000 | ₹ 1,00,000 |
| Total Interest Gained | ₹6,009 | ₹ 6,432 |
Compare Punjab and Sind Bank Fixed Deposit Rates with Top Banks
| Bank Name | FD Interest Rates |
|---|---|
 | 6.25% - 6.75% |
 | 7.5% - 8% |
 | 7.2% - 7.7% |
 | 6.25% - 6.75% |
 | 6.4% - 6.9% |
 | 6.5% - 6.5% |
 | 7.1% - 7.6% |
 | 7% - 7% |
 | 6.75% - 7.25% |
 | 7.5% - 8% |
Calculate Punjab and Sind Bank FD Returns
₹1,00,000
Total Investment
6,009
Wealth Gained
₹1,06,009
Maturity Amount
Book a free call to get expert insights on your existing investments.
Punjab Sind Bank FD provides a wide range of fixed deposits including cumulative, tax-saver, and flexi deposits. The Punjab Sind Bank FD rates range from 2.85% and 6.6% with an additional 0.50% for senior citizens. Know about the types of fixed deposits, their features and calculate the interest to be earned for a fixed tenure.
Features of Punjab Sind Bank FD
Eligibility- Individuals, Sole Proprietors, partnership firms, Private and Public Limited Companies, HUFs, Specified Associates, Societies, Trusts, Departments of Authority created by Government (Central or State), Limited Liability Partnership.
A joint account with another individual is allowed
With an “Either or Survivor” or “Former or Survivor” mandate, the bank will only allow the surviving joint depositor to withdraw funds before the death of the other joint depositor. This is allowed only if the joint depositor has signed a joint mandate. All Term Deposit account opening forms invariably include conditions through which the account holders can specify their terms.
If no instructions or mandates are received from the customer for not renewing the deposits, the deposit will be auto-renewed. The renewal will be for the same period of time as the matured deposit at the prevailing rate of interest. The automatic renewal will be applicable for deposits with a maturity value of less than Rs. 2 crores at maturity. However, auto-renewal is not applicable to PSB Fixed Deposit Tax Saver Scheme, Capital Gain Deposit, Bulk Deposit, and Inter-Bank Deposit.
Types of Punjab Sind Bank FD
- Regular Fixed Deposit
- PSB Tax Saver
- PSB Nanhe Chaman Term Deposit
- PSB Grih Lakshmi Fixed Deposit
- PSB Fabulous 300 Days
- PSD Fabulous Plus 601 Days
- PSB e-Advantage Fixed Deposit
- PSB Utkarsh 222 Days
Regular Fixed Deposit
- Eligible- Individuals, Sole Proprietors, partnership firms, Private and Public Limited Companies, HUFs, Specified Associates, Societies, Trusts, Departments of Authority created by Government (Central or State), Limited Liability Partnership
- A joint account with another individual is allowed
- Punjab Sind Bank FD rates range from 2.85% and 6.6% depending on the tenure
- The investment period ranges from 7 days to 10 years
- No additional KYC for existing account holders with updated KYC
- Senior citizens will receive an additional 0.50% over and above the existing Punjab Sind Bank FD rates
PSB Tax Saver
- Under the scheme, an individual or a Hindu Undivided Family can invest in our Bank’s Fixed Deposit.
- A single-name or joint-name account can be opened.
- A joint account deposit receipt can be issued to two individuals or an adult and a minor, and it can be paid to either the holders or the survivors.
- Only the first holder of the deposit will be eligible for the tax benefit under section 80C in the case of Joint Name.
- For the purpose of tax benefit under Section 80C, the investment in Fixed Deposit under the scheme will be subject to a total ceiling of Rs. 1.5 lakh.
- For such a Fixed Deposit, the ‘lock in’ term will be five years. Fixed Deposits cannot be withdrawn before the 5-year period has expired.
- Depending on the investor’s accounting system, the interest on the Fixed Deposit will be taxed either on an accrual or on a receipt basis.
- The scheme offers a Nomination Facility, which can be used at the time of deposit or at any time before the deposit matures.
- In the event that the holder of a Fixed Deposit for which a nomination is in place dies, the nominee is entitled to encash the Fixed Deposit at any time before or after the Fixed Deposit matures.
- At the holder’s request, the fixed deposit can be transferred from one of the Bank’s branches to another (s).
- A person who is entitled to a duplicate fixed deposit receipt can ask for one if it is lost, stolen, destroyed, damaged, or disfigured.
- Every such application must be accompanied by a declaration detailing the quantity, value, and date of the receipt, as well as the circumstances surrounding the loss, theft, destruction, mutilation, or defacement.
- On submission of an ‘Indemnity Bond’ in the prescribed form with one or more approved sureties or a Bank Guarantee, a duplicate receipt will be issued to the applicant.
PSB Nanhe Chaman Term Deposit
- Purpose: A term deposit for newly born kids up to the age of twelve months.
- Tenure: 60 months and 120 months
- Minimum Deposit Amount: INR 1,000 and in multiples of INR 500.
- Maximum Deposit Amount: 1,50,00,000
PSB Grih Lakshmi Fixed Deposit
- Purpose: A fixed deposit for women.
- Tenure: 551 Days
- Scheme Validity: 23th June 2023
- Minimum Deposit Amount: INR 5,000 and in multiples of INR 1,000.
- Maximum Deposit Amount: 1,50,00,000
PSB Fabulous 300 Days
- Tenure: 300 days only
- Scheme Validity: 31st March 2023
- Minimum Deposit Amount: INR 5,000
- Maximum Deposit Amount: INR 1.99 Crore
PSD Fabulous Plus 601 Days
- Tenure: 601 days only
- Scheme Validity: 31st March 2023
- Minimum Deposit Amount: INR 5,000 and in multiples of INR 1,000
- Maximum Deposit Amount: INR 1.99 Crore
PSB e-Advantage Fixed Deposit
- Tenure: 601 days only
- Scheme Validity: 31st March 2023
- Minimum Deposit Amount: INR 1,000
- Maximum Deposit Amount: INR 1.90 Crore
PSB Utkarsh 222 Days
- Tenure: 222 days only
- Scheme Validity: 31st March 2023
- Minimum Deposit Amount: INR 5,000 and in multiples of INR 1,000
- Maximum Deposit Amount: INR 1.95 Crore
What are the Documents Required to Open a Punjab Sind Bank FD?
A new applicant must submit the application form, his or her PAN along with any of the following address proofs. However, no document is required if the applicant is an existing account holder and KYC is updated.
- Passport(should not be expired)
- Driving License (should not be expired)
- Aadhaar Card
- Voter’s ID Card
- NREGA Job card
- National Population Register.
Explore Fixed Deposits By Banks
Frequently Asked Questions
The interest from the Punjab and Sind Bank FD calculator for 10 lakh deposit for 1 year will be INR 60,094. The maturity value will be INR 10,60,094. You can use Scripbox’s FD Calculator to determine the maturity value of your investment.