Punjab & Sind Bank Fixed Deposit Calculator
Calculate your FD returns with latest PSB rates
Highest FD Rate
6.6% p.a.
Best available rate by PSB across tenures
The PSB Fixed Deposit (FD) currently offers up to 6.1% p.a. (up to 6.6% for senior citizens), with a minimum deposit of ₹1,000. Your maturity amount depends on the deposit amount and tenure you choose — use the calculator below to see your exact returns and total interest. TDS applicable if interest exceeds ₹40,000 per annum (₹50,000 for senior citizens)
One Lakh rupees
Minimum amount varies by bank (typically ₹1,000)
Cumulative FDs usually give higher maturity. Payout FDs suit monthly/quarterly income needs.
Maturity Amount
₹1,44,995
After 5 years
Principal Amount
₹1,00,000
Interest Earned
₹44,995
Current Interest Rate
PSB General Rate
per annum
Higher Rate Available!
Suryoday SFB
Offers 7.90% for this tenure
Extra Earnings
+₹2,000
Best Fixed Deposit Rates Comparison 2026
Compare FD interest rates across top banks - General rates for 5 years
Bank
Interest Rate
Maturity
Interest
Compare
Highest Rate
7.90%
Suryoday SFB
Max Interest
₹47.9K
Best Return
Rate Spread
2.90%
Difference
Banks Available
45
Compared
PSB Fixed Deposit Calculator Results
Compare different investment amounts and tenures
PSB Fixed Deposit Interest Rates
Latest interest rates for different tenures
| Tenure | General Rate | General Maturity | Senior Citizen Rate | Senior Maturity |
|---|---|---|---|---|
| 7 – 14 Days | 2.85% | ₹1,00,109 | 2.85% | ₹1,00,109 |
| 15 – 30 Days | 2.85% | ₹1,00,234 | 2.85% | ₹1,00,234 |
| 31 – 45 Days | 2.85% | ₹1,00,351 | 2.85% | ₹1,00,351 |
| 46 – 90 Days | 3.35% | ₹1,00,826 | 3.35% | ₹1,00,826 |
| 91 – 120 Days | 3.35% | ₹1,01,103 | 3.35% | ₹1,01,103 |
| 121 – 150 Days | 3.35% | ₹1,01,380 | 3.35% | ₹1,01,380 |
| 151 – 179 Days | 4.85% | ₹1,02,392 | 4.85% | ₹1,02,392 |
| 180 – 364 Days | 4.85% | ₹1,04,925 | 5.35% | ₹1,05,443 |
| 1 Year | 5.85% | ₹1,05,980 | 6.35% | ₹1,06,503 |
| 376 – 443 Days | 5.6% | ₹1,06,983 | 6.1% | ₹1,07,624 |
| 445 Days – 665 Days | 5.85% | ₹1,11,161 | 6.35% | ₹1,12,163 |
| 777 Days | 6.1% | ₹1,13,755 | 6.6% | ₹1,14,953 |
| 777 Days -998 Days | 5.85% | ₹1,17,210 | 6.35% | ₹1,18,799 |
| 1000 Days - <3 Years | 5.95% | ₹1,19,366 | 6.45% | ₹1,21,141 |
| 3Y - <44 Month | 5.85% | ₹1,23,352 | 6.35% | ₹1,25,567 |
| 44 Month (PSB Green Earth) | 5.95% | ₹1,23,812 | 6.45% | ₹1,26,036 |
| >44 Month < 5 Y | 5.85% | ₹1,33,673 | 6.35% | ₹1,37,003 |
| 5Y | 5.95% | ₹1,34,354 | 6.45% | ₹1,37,703 |
| >5Y<66 Month | 5.85% | ₹1,37,010 | 6.35% | ₹1,40,718 |
| 66 Months (PSB Green Earth) | 5.95% | ₹1,37,767 | 6.45% | ₹1,41,496 |
| >66 Month- 10 Year | 5.85% | ₹1,78,740 | 6.35% | ₹1,87,763 |
Important Notes
- Min deposit: ₹1,000
- Penalty: 1% on premature closure
- TDS applicable if annual interest exceeds ₹40,000
- Auto-renewal facility available
Key Benefits
- Guaranteed returns with low risk
- Better rates than savings accounts
- Loan against FD facility
- DICGC insurance up to ₹5,00,000
Tax & TDS on PSB Fixed Deposits
Understanding tax implications and deductions on your FD investments
Section 80C
Tax-saving FDs (5-year lock-in) qualify for deduction up to ₹1.5 lakh under Section 80C
Senior Citizens
Higher TDS exemption limit of ₹50,000 for citizens above 60 years
• Regular FDs don't qualify for Section 80C deduction
• Interest income is fully taxable as per income tax slab
• Form 15G/15H can be submitted to avoid TDS
TDS Rate
10%
Exemption Limit
₹40,000
TDS Calculation
TDS is deducted at 10% if total interest from all FDs with PSB exceeds ₹40,000 in a financial year
TDS is deducted at source by the bank
Form 26AS shows TDS deducted
Can be claimed as advance tax while filing ITR
No PAN: higher 20% TDS applies
₹5 Lakh FD
At 6.1% for 3 years
₹30,500
Annual Interest
TDS: ₹0
₹10 Lakh FD
At 6.1% for 3 years
₹61,000
Annual Interest
TDS: ₹2,100
₹25 Lakh FD
At 6.1% for 3 years
₹1,52,500
Annual Interest
TDS: ₹11,250
PSB Fixed Deposit FAQs
Everything you need to know about PSB Fixed Deposits, interest rates, and FD investment planning
What is the minimum amount required for PSB FD?
What is the current highest FD rate offered by PSB?
Is the interest earned on PSB FD taxable?
Can I get a loan against my PSB FD?
How is PSB FD interest calculated?
Compare FD Rates Across Banks
Calculate Fixed Deposit returns with different banks and find the best rates