1. Name of the scheme: “PSB FD-555 Days”

2. Who can open this account: All Resident Indian who are eligible to open domestic term deposit account. Including NRO/NRE Deposit Accounts.

3. Where this Account can be opened: Through Branch Mode & Through Online Mode using PSB UnIC

4. Tenure of Deposit: 555 Days

5. Validity of the Scheme: Till 30 June, 2023

6. Rate of interest:

7. Whether Staff benefit in terms of additional rate of interest Available under this scheme: Yes- under domestic deposits Staff Benefit is available as per the extant guidelines of the Bank. However, if FD Account is opened under NRO/NRE category, in that case, Staff Benefit is not available.

8. Whether Senior Citizen benefit in terms of additional rate of interest Available under this scheme: Yes-under domestic deposits Senior Citizen Benefit is Available as per the extant guidelines of the Bank. However, if FD Account is opened under NRO/NRE category, in that case, Senior Citizen Benefit is not available.

9. Whether Super Senior Citizen benefit in terms of additional rate of interest Available under this scheme: Yes: 15 basis points additional over and above the applicable rate of Interest. However, if FD Account is opened under NRO/NRE category, in that case, Super Senior Citizen Benefit is not available.

10. Minimum Deposit in the Account: As per extant guidelines

11. Maximum Deposit in the Account: Rs 1.99 Crore.

12. Auto Renewal: Yes. Available in other General Fixed Deposit scheme, i.e Customer should opt for renewal for any other maturity period other than 555 Days.

13. Taxation in the Account: Interest accrued on these deposits is liable for Tax in accordance with the guidelines issued by Income Tax Department, GoI, from time to time.

14. All other terms and conditions: As applicable to other Domestic Term Deposit Product & NRO/NRE Deposits but not mentioned in this product details shall apply here also.