Punjab & Sind Bank Bumper Offer: Get Interest Rates Higher than the Last 7 Years—Apply Quickly
FD (Fixed Deposit) Account at Punjab & Sind Bank: How to Start an FD?
- Can an FD account be opened online?
- How to open an FD account in Punjab & Sind Bank?
- What are the interest rates for FD in 2024?
- How to open a Fixed Deposit account for senior citizens?
Punjab & Sind Bank 555 Days Fixed Deposit Scheme
Punjab & Sind Bank is offering a new fixed deposit scheme for all account holders, where you can earn higher interest rates than the last seven years. Now is the best time to open your fixed deposit account with Punjab & Sind Bank.
How to Open an FD in Punjab & Sind Bank?
You can open a fixed deposit account with Punjab & Sind Bank either offline or online.
Offline Process (In-Branch)
Required Documents:
- Aadhar Card (Photo copy & Original)
- PAN Card (Photo copy & Original)
- Visit the nearest branch with your documents.
- Fill out the Fixed Deposit account opening form and sign it.
- Deposit the required amount.
Minimum Deposit:
- For the 555-day scheme, the minimum deposit required is ₹5,000.
- The deposit can be made in multiples of ₹1,000.
- Maximum deposit allowed is ₹1.99 Crore.
Online Process
- Steps for Online FD Account Opening:
- Check the official website for details.
- Complete the form and upload your documents.
- Make the deposit as per the scheme.
Interest Rates for the 555 Days Scheme
| Deposit Amount | Maturity Amount (Non-Senior Citizens) | Maturity Amount (Senior Citizens) |
|---|---|---|
| ₹1 Lakh | ₹1,11,878 | ₹1,12,715 |
| ₹2 Lakh | ₹2,23,756 | ₹2,25,431 |
| ₹5 Lakh | ₹5,59,390 | ₹5,63,578 |
- Interest Rate for Non-Senior Citizens: 7.45% for 555 days.
- Interest Rate for Senior Citizens (60+ years): 7.95% for 555 days.
Key Information
- Maturity Period: 555 days
- Interest Rate (Normal): 7.45%
- Interest Rate (Senior Citizens): 7.95%
- Deposit Range: ₹5,000 to ₹1.99 Crore
- Automatic Renewal: After 555 days, the Fd can be renewed as per customer request .
- Deadline for Applications: December 31, 2024 (for this particular offer).
For more details, visit Punjab & Sind Bank's official website.
Documents Required to Open an FD Account:
- Aadhar Card (Photo copy & Original)
- PAN Card (Photo copy & Original)
- Passport-sized Photo
Let me know if you need any more details or further clarification!
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