Senior Citizens Bank FD: Bank has revised the interest rates on FD. The government bank has recently revised the interest rates on deposits of less than two crore rupees. According to the website of Punjab and Sind Bank, this rate has come into effect from 1 July 2023.
Punjab & Sind Bank FD: Punjab and Sind Bank has revised the interest rates on FD. The government bank has recently revised the interest rates on deposits of less than two crore rupees. According to the website of Punjab and Sindh Bank, this rate has come into effect from 1 July 2023. Now from July 1, interest rates on fixed deposits of this bank are available from 2.8 to 7.10 percent. Apart from the normal FDs, the bank also has 2 special FDs. These FDs are of 601 days and 400 days. Now customers can invest in these special FDs till 30 September.
These are the interest rates on FD of Sindh & Bank
If you invest less than Rs 2 crore for a period of seven to 30 days, you will get an interest rate of 2.8 per cent. 3% interest will be given on investment for 31 to 45 days. If you make a fixed deposit for 46 to 90 days, then you will get 4.6 percent interest rate. 4.75 percent interest will be available on the period of 91 to 179 days. 6 percent interest is available on FDs of 180 to 364 days.
These are the interest rates
For a period of one year to 399 days, 6.4 percent interest will be given on the investment. 7.1 percent interest will be available on 400 days special FD. 6.4 percent interest is being given on investment for 401 to 554 days. 7.35 percent interest will be given on investment for a period of 555 days. 7 percent interest will be available on 601 days FD. 6.4 percent interest rate will be available for a period of 602 days to two years. From two years one day to less than three years, 6.75 percent interest will be given. For a period of three years to ten years, 6.25 percent interest will be given on the investment.
Senior citizens will get more interest
The bank gives an additional interest of 0.50 per cent to senior citizens. Super senior citizens get an additional interest of 0.15 per cent in addition to 0.50 per cent. These interest rates will be available on FDs of 400, 555 and 601 days.
