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Punjab & Sind Bank – FD Rates

This bank last updated its deposit rates on 16-Jun-26.

DICGC Insurance: ₹5L
FD Rank: #42 of 66 banks
KEY TENURESGeneralSeniorSuper Sr.
6 Months
4.85%
4.85%
4.85%
9 Months
4.85%
5.35%
5.35%
~ 1 Year
6.40%
6.90%
7.05%
666 Days~1.8 years
6.85%Best
7.35%Best
7.50%Best
2 Years
5.95%
6.45%
6.45%
3 Years
5.95%
6.45%
6.45%
5 Years
5.85%
6.35%
6.35%
•For callable FDs < ₹3 Cr•Premature withdrawal penalty applies

Compare with other banks

Top Public Bank Rate
P

Punjab & Sind

6.85%666 days
Check all public banks
Top Private Bank Rate
D

DCB

7.50%24 - 25 months
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Top SFB Rate
U

Utkarsh

8.10%666 days
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Top NBFC Rate
M

Muthoot Cap

8.95%36 months
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Top Foreign Bank Rate
D

Deutsche

7.00%1 - 1.5 years
Check all Foreign banks
Top Post Office Rate
P

Post Office

7.50%5 Years
Check Post Office

About Punjab & Sind Bank

Bank Overview

Type
Public
Headquarters
New Delhi
Founded
1908
Branches
1554
DICGC Coverage
₹5 Lakhs

Financial Health Indicators(FY 2026)

NNPA
0.79%
CAR
17.42%
PCR
90.91%
LCR
134.09%
CASA
30.77%

Frequently Asked Questions

Quick answers to the most common questions about Punjab & Sind Bank Fixed Deposits.

As of July 2026, Punjab & Sind Bank offers a highest interest rate of 6.85% p.a. for general citizens and 7.35% p.a. for senior citizens on fixed deposits.

Yes, Punjab & Sind Bank is a registered bank regulated by the RBI. Your deposits (up to ₹5 Lakhs per depositor) are insured by DICGC, which covers both principal and accrued interest.

The minimum tenure for a fixed deposit with Punjab & Sind Bank starts from 7 Days. Longer tenures may offer higher interest rates.

Yes, Punjab & Sind Bank offers an additional benefit of up to 0.50% p.a. over the general citizen rate for senior citizens (aged 60 and above).

Yes, interest earned on fixed deposits is taxable as per your income tax slab. TDS is deducted at 10% if total interest exceeds ₹40,000 per year (₹50,000 for senior citizens). You can submit Form 15G/15H to avoid TDS if your total income is below the taxable limit.

Yes, Punjab & Sind Bank currently offers special FD rates on select tenures that are higher than the regular rates. These are typically limited-period offers and subject to change.