Bank has extended the investment deadline in Special FD, you can invest till 31 October, check interest rate
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Punjab & Sind Bank Fixed Deposit Rate: Punjab & Sind Bank has extended the time limit for investing in special FDs. The investment period in this special FD named Dhanlaxmi of Punjab and Sind Bank is 444 days.
In this FD, general citizens get 7.4% and senior citizens get 7.9% and super senior citizens get 8.05% interest. Apart from this, Punjab & Sind Bank also has special FDs of 222 days and 333 days. The time for investing in these FDs was till 30 September but now it has been extended to 31 October 2024. Along with this, the bank has also revised the interest rates on its general FDs. These new rates have come into effect from October 1.
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Special FD of Punjab and Sindh Bank
Punjab and Sind 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.
| 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 |
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