Non Resident External (NRE) Rupee Accounts

Queries Regarding Remittance from abroad 011-25728461

Email id- ho.fex@psb.co.in

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	6.10
>1 Year-374 Days	5.75
375 Days	6.75
376 Days-443 Days	5.75
444 Days	6.80
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.