Interest Rates on Saving Bank Deposits with effect from 01st Nov 2022.
| Particular | Rate of Interest |
| Saving Bank Deposit including NRE/NRO | Revised Rates w.e.f 01.11.2022 (% p.a) |
|---|---|
| Upto 1 Crore | 2.80% |
| Above 1 Crore to upto 100 Crore | 2.90% |
| Above 100 Crore to upto 500 Crore | 4.50% |
| Above 500 Crore | 5.00% |
Rate of interest on domestic term deposits, NRO accounts, capital gain accounts scheme 1988, recurring deposit scheme and psb fixed deposit tax-saver scheme
| Revised w.e.f. 08/03/2023 (% p.a.) | |
|---|---|
| Maturity | Fixed Deposit Less than Rs.2 Cr |
| 7 - 14 Days | 2.80(#) |
| 15 - 30 Days | 2.80 |
| 31 - 45 Days | 3.00 |
| 46 - 90 Days | 4.75 |
| 91 - 120 Days | 5.10 |
| 121-150 Days | 5.10 |
| 151 - 179 Days | 5.10 |
| 180 – 269 Days | 6.10 |
| 270 – 364 Days | 6.10 |
| 1 Year - 2 Years | 6.40 |
| Above 2 Year < 3 Years | 6.75 |
| 3 Years – 5 Years | 6.25 |
| >5 Years - 10 Years | 6.25 |
(#) Minimum amount of term deposit shall be Rs. 1.00 lac
Senior Citizens shall be given benefit of additional interest of 0.50% on term deposits of less than Rs. 2 crore, over and above the mentioned rates for the maturity of 180 days & above for fresh as well as on renewal of term deposits, same shall not be available to NRE and NRO Deposits.
Interest Rates on "PSB FIXED DEPOSIT TAX SAVER SCHEME" will be as under:
| Maturity | Public | Sr. Citizen | Staff Members | Ex-Staff Members / Ex-Staff Members (Sr. Citizen) |
|---|---|---|---|---|
| 5 Years | 6.25% p.a. | 6.75%p.a. | 7.25% p.a. | 7.25% p.a. |
NOW EARN ADDITIONAL RATE OF INTEREST WITH OUR CURATED FIXED DEPOSIT PRODUCTS
|
EXTRA RATE OF INTEREST-DEPOSIT SCHEME |
|
|
THROUGH BRANCH |
|
|
PSB-UTKARSH 222 DAYS FIXED DEPOSIT SCHEME |
Normal - 8.00 % Senior CTZ - 8.50 % Super Sr CTZ - 8.85 % |
|
PSB FABULOUS 300 DAYS FIXED DEPOSIT SCHEME |
Normal - 7.50 % Senior CTZ - 8.00 % Super Sr CTZ - 8.35 % |
|
PSB FABULOUS PLUS 601 DAYS FIXED DEPOSIT SCHEME |
Normal - 7.00 % Senior CTZ - 7.50 % Super Sr. CTZ - 7.85% |
|
PSB e-ADVANTAGE 601 DAYS FIXED DEPOSIT SCHEME (Online Mode only) |
Normal - 7.00 % Senior CTZ - 7.50 % Super Sr. CTZ - 7.85% |
|
PSB SRSD-1051 DAYS FIXED DEPOSIT SCHEME |
Normal - 7.00 % Senior CTZ- 7.50 % |
OUR SPECIAL FIXED DEPOSIT PRODUCT FOR WOMEN AND KIDS UPTO AGE-12 MONTH
|
EXTRA RATE OF INTEREST-DEPOSIT SCHEME |
RATE OF INTEREST |
|
THROUGH BRANCH |
|
|
PSB GRIH LAKSHMI FIXED DEPOSIT SCHEME |
Normal - 6.65 % Senior CTZ- 7.15 % |
|
PSB NANHE CHAMAN TD SCHEME |
6.50 % (For 5 Year ) & 6.75 %( For 10 Year ) |
