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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. 3 crore, 16/07/2025 w.e.f:
Maturity Fixed Deposit Less than Rs.3 Cr
1Y 6.00
>1 Year-374 Days 5.75
375 Days 6.55
376 Days-443 Days 5.75
444 Days 6.60
445 Days< 2 Y 6.00
2Y-776Days 6.10
777 Days 6.15
778Days-998Days 6.00
999 Days 6.10
1000 Days - <3Years 6.10
>3 Years <5Years 6.00
5Y 6.10

 

 

NOTE:

 
  • (a) Staff/ Ex-Staff/ Senior Citizens shall NOT BE given any additional benefit over and above the above noted interest rate in NRE term deposit.
  • (b) For payment of interest and penalty on pre-mature withdrawal of term deposits, please visit nearest Punjab & Sind Bank Branch.
  • (c) 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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