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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, 20/04/2023 w.e.f:
Maturity Revised date 20/04/2023 (% p.a.)
  Term Deposit of less than Rs. 2 Cr
1 Year - 399 Days 6.40
400 Days 7.10
401Days - 554 Days 6.40
555 Days 7.35
556Days-600Days 6.40
601Days 7.00(##)
602 Days-2Year 6.40
Above2Years-<3Years 6.75
3 Years - 5Years 6.25



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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