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, 16/09/2021 w.e.f:
Maturity Revised date 16/09/2021 (% p.a.)
  Term Deposit of less than Rs. 2 Cr
1 Year - 2 Years 5.05
Above 2 Years - < 3 Years 5.15
3 Years - 5 Years 5.30
 

 

NOTE:

Interest Rates for Deposits of Rs 2 Crore and above are available on Bank’s Intranet site on daily basis.
 
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
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