What is the highest Punjab & SIndh Bank FD rate for senior citizens?

The highest Punjab & SIndh Bank Senior Citizen FD rate is 7.60% p.a. on deposit for the tenure of 777 Days.

Is Punjab & SIndh Bank FD Safe for Senior Citizens?

Punjab & SIndh Bank fixed deposits are safe as deposits up to ₹5 lakh per depositor per bank are covered under DICGC insurance.

Can senior citizens get a monthly income from a Punjab & SIndh Bank FD?

Yes. Punjab & SIndh Bank offers non-cumulative fixed deposits where interest can be paid monthly, quarterly, half-yearly, or annually.

What is the minimum amount required to open a Punjab & SIndh Bank Senior Citizen FD?

The minimum amount required to open a Punjab & SIndh Bank Senior Citizen Fixed Deposit is ₹1,000.

Is interest earned on Punjab & SIndh Bank Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on Punjab & SIndh Bank Senior Citizen Fixed Deposits is taxable as per the applicable income tax slab. Banks may deduct TDS if annual FD interest exceeds the prescribed threshold limit.

Punjab & Sind Bank Senior Citizen Fixed Deposit Rates

Name: Punjab & Sind Bank Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.7 (9395 reviews)

Punjab & Sind Bank offers attractive FD rates for senior citizens ranging from 4.00% to 7.60% p.a. across tenures of 7 days to 10 years. Continue reading for the latest Punjab & SInd Bank Senior Citizen FD rates for senior citizens.

Punjab & Sind Bank Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.60%
FD Tenure Range	7 to 10 Years
Minimum FD Amount	Rs. 1000/-
Premature Withdrawal Facility	Available
Loan Against FD	Up to 90% of the fixed deposit amount.

Punjab & Sind Bank Senior Citizen FD Rates (Less Than ₹3 Crore)

The table below provides a detailed breakdown of Punjab & Sind Bank Senior Citizen FD rates for fixed deposits below ₹3 crore across different tenure options.

Tenure	Senior Citizen FD Rates (per annum)
7 – 14 Days	3.35%
15 – 30 Days	3.35%
31 – 45 Days	3.35%
46 – 90 Days	3.85%
91 – 120 Days	3.85%
121 – 150 Days	3.85%
151 – 179 Days	5.35%
180 – 364 Days	5.35%
1 Year	6.35%
>1 Year – 374 Days	6.10%
375 Days (Callable)	6.90%
375 Days (Non‑Callable*)	7.00%
376 – 443 Days	6.10%
444 Days (Callable)	6.80%
444 Days (Non‑Callable*)	7.40%
445 Days – 665 Days	6.35%
666 Days (Callable)	7.35%
666 Days (Non‑Callable*)	7.45%
>667 < 22 Month	6.35%
22 Month (PSB Green Earth)	6.45%
> 22 Month < 2Y	6.35%
2Y-776 Days	6.45%
777 Days	7.60%
777 Days -998 Days	6.35%
999 Days (Callable)	6.50%
999 Days(Non‑Callable*)	6.55%
1000 Days - <3 Years	6.45%
3Y - <44 Month	6.35%
44 Month (PSB Green Earth)	6.45%
> 44 Month < 5 Y	6.35%
5Y	6.45%
>5Y<66 Month	6.35%
66 Months (PSB Green Earth)	6.45%
>66 Month- 10 Year	6.35%

Use the Punjab & Sind Bank FD Calculator below to estimate the maturity amount and interest earned on your Punjab & Sind Bank fixed deposit based on your investment amount, tenure, and applicable FD rate.

Punjab & Sind Bank Super Senior Citizen FD Rates

Punjab & Sind Bank offers an additional interest rate to super senior citizens, typically individuals aged 80 years and above. Here is a breakdown of Punjab & Sind Bank super senior citizen fixed deposit rates:

Tenure	Super Senior Citizen FD Rates (per annum)
7 – 14 Days	3.50%
15 – 30 Days	3.50%
31 – 45 Days	3.50%
46 – 90 Days	4.00%
91 – 120 Days	4.00%
121 – 150 Days	4.00%
151 – 179 Days	5.50%
180 – 364 Days	5.50%
1 Year	6.50%
>1 Year – 374 Days	6.25%
375 Days (Callable)	7.05%
375 Days (Non‑Callable*)	7.15%
376 – 443 Days	6.25%
444 Days (Callable)	6.95%
444 Days (Non‑Callable*)	7.55%
445 Days – 665 Days	6.50%
666 Days (Callable)	7.50%
666 Days (Non‑Callable*)	7.60%
>667 < 22 Month	6.50%
22 Month (PSB Green Earth)	6.60%
> 22 Month < 2Y	6.50%
2Y-776 Days	6.60%
777 Days	7.75%
777 Days -998 Days	6.50%
999 Days (Callable)	6.65%
999 Days(Non‑Callable*)	6.70%
1000 Days - <3 Years	6.60%
3Y - <44 Month	6.50%
44 Month (PSB Green Earth)	6.60%
> 44 Month < 5 Y	6.50%
5Y	6.60%
>5Y<66 Month	6.50%
66 Months (PSB Green Earth)	6.60%
>66 Month- 10 Year	6.50%

Compare Punjab & Sind Bank Senior Citizen FD Interest Rates with Other Banks

Several banks currently offer higher interest rates than Punjab & Sind Bank for specific tenures. The table below compares Punjab & Sind Bank senior citizen Fixed Deposit rates with other banks' FD rates.

Bank	Highest Rate
City Union Bank	7.50% (555 Days)
Shivalik Small Finance Bank	8.50% (23 to 27 Months)
Suryoday Small Finance Bank	8.25% (30 Months)
Utkarsh Small Finance Bank	8.25% (666 Days)
Jana Small Finance Bank	8.00% (2 to 3 Years)
Mahindra Finance	7.80% (48 to 60 Months)
Yes Bank	7.75% 18 < 24 months and 36 to < 60 months)
Indusind Bank	7.75% (2 to 3 Years)
Slice Small Finance Bank	7.75% (18 Months 1 day to 18 Months 2 day
Shriram Finance Bank	7.75% (36 to 60 Months)
Bajaj Finance	7.75% (31 to 60 Months)
RBL Bank	7.70% (18 to 36 months)
Sundaram Finance	7.50% (24 to 60 Months)
Bank of India	7.60% (3 years)
ICICI Housing Finance	7.10% (45 Months)
Kotak Mahindra Bank	7.30% (2 to 3 Years)
Canara Bank	7.10% (555 Days)
ICICI Bank	7.10% (3 to 5 Years)
SBI	7.05% (5 to 10 Years)
HDFC Bank	7.00% (3 to 4 Years)
Bank of Baroda	7.25% (555 Days)