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Non Resident External (NRE) Rupee Accounts

Rate of Interest on Term Deposit under Non Resident External (NRE) Rupee Accounts deposits up to Rs. 2 crore, 02/04/2024 w.e.f:
Maturity Revised date 02/04/2024 (% p.a.)
  Term Deposit of less than Rs. 2 Cr
1 Year 6.20
>1 Year - 443 Days 6.00
444 Days 7.25($)
445 Days - 2 Years 6.00
Above 2 Years - < 3 Years 6.30
3 Years - 5Years 6.00



(##) Valid for period upto 30.09.2023 only.

($) Valid for period upto 30.11.2023 only.

Staff/ Ex-Staff/ Senior Citizens shall NOT BE given any additional benefit over and above the above noted interest rate in NRE term deposit.
For payment of interest and penalty on pre-mature withdrawal of term deposits, please visit nearest Punjab & Sind Bank Branch
For interest on overdue period of FDRs, please visit nearest Punjab & Sind Bank Branch. However, in case of closure, the interest on overdue period will be paid at applicable Saving Bank rate of interest

“Compare and Shop is a Service provided by Cheggout Services Pvt Ltd for Punjab and Sind Bank customer(s). Punjab & Sind Bank is providing this as a value added service. Punjab and Sind Bank does not guarantee or warranty or make any representation about the usefulness, worthiness and/or character of the product/service and/or discount or benefit.”