Punjab and Sind Bank Fixed Deposit Calculator
The Punjab & Sind Bank Fixed Deposit (FD) Calculator is an easy-to-use online tool that helps customers estimate the maturity amount and interest earnings on their fixed deposit investments. Users can quickly determine how much they will earn at the end of the investment period by entering key details like the deposit amount, tenure, and applicable interest rate.
This calculator is handy for individuals planning their savings or comparing different FD tenures and rates. It ensures accurate financial planning without the need for complex manual calculations.
Benefits of Punjab & Sind Bank Fixed Deposit Calculator
- Quick Maturity Estimation - Instantly calculates the maturity amount and interest earnings based on the deposit amount, interest rate, and tenure.
- Helps in Financial Planning - Enables you to plan and compare different FD options to choose the most suitable investment based on your financial goals.
- Error-Free Calculations - Eliminates the risk of manual calculation errors and ensures accuracy.
- User-Friendly Interface - Simple to use—just enter a few details and get results within seconds.
- Customizable Inputs - Allows you to test various scenarios by adjusting the deposit amount, tenure, and interest rate.
-
Supports Different FD Types -
Can be used to calculate returns for regular FDs, senior citizen FDs, and special tenures.
- No Need for Bank Visit - Saves time and effort by providing accurate results online without needing to visit a branch.
How to use Wishfin Punjab & Sind Bank Fixed Deposit Calculator?
- Visit the Website: Start by visiting the Wishfin Punjab & Sind Bank Fixed Deposit Calculator page.
- Enter Principal Amount: Input the amount you plan to invest in the FD. This is the initial deposit or the principal amount.
- Select Tenure: Choose the duration for which you want to invest your money. You can select from various tenures, ranging from a few days to several years.
- Choose Interest Rate: Enter the interest rate applicable to the tenure and type of fixed deposit (you can refer to the bank’s current Fixed Deposit rates).
- Select Compounding Frequency: Choose the compounding frequency—whether it's monthly, quarterly, or annually—based on your investment terms.
- Calculate: Once you've entered all the details, click on the Calculate button.
- View Results: The calculator will display the maturity amount, which is the sum of your principal and the interest earned over the selected period. It also shows how much interest you will have accumulated.
- Adjust and Compare: If you wish, you can modify any of the fields (such as the principal or tenure) to see how different amounts or durations affect your returns.
This Wishfin Punjab & Sind Bank Fixed Deposit Calculator simplifies the process of estimating the returns on your fixed deposit, helping you make informed investment decisions.
Formula to Calculate Punjab and Sind Bank FD Returns
The maturity amount for a Punjab & Sind Bank Fixed Deposit is calculated using the compound interest formula:
A=P×(1+nr)n×t
Where:
- A = Maturity Amount
- P = Principal Amount (initial deposit)
- r = Annual Interest Rate (in decimal)
- n = Number of compounding periods in a year (e.g., 12 for monthly compounding, 4 for quarterly compounding).
- t = Tenure (in years)
Key Features and Benefits of Punjab & Sind Bank Fixed Deposit
- Attractive Interest Rates : Offers competitive returns on deposits across various tenures.
- Flexible Tenure Options : Choose deposit periods ranging from 7 days to up to 10 years.
- Special Benefits for Seniors & Employees : Higher interest rates may apply for senior citizens and PSB staff.
- Nomination Facility : Allows nomination of a beneficiary for added security.
- Flexible Account Types : Fixed deposit accounts can be opened individually, jointly, or even in a minor's name.
- Convenient Account Opening : Open an FD online via PSB net banking or by visiting a branch in person.
Punjab & Sind Bank Fixed Deposit Interest Rates (< ₹2 Crore)
Here are the Punjab & Sind Bank Fixed Deposit interest rates for 2025. Make sure you go through the table carefully to avoid any confusion-
Applicable for Regular Depositors (For deposits below ₹2 Crore)
| Tenure | FD Rate (General Citizens) | FD Rate (Senior Citizens) |
|---|---|---|
|
7 days – 30 days |
3.50% |
3.50% |
|
1 month – 1 month 14 days |
4.00% |
4.00% |
|
1 month 15 days – 4 months 27 days |
4.50% |
4.50% |
|
Just under 5 months to nearly 6 months |
6.00% |
6.00% |
|
Almost 6 months to just under 1 year |
5.30% |
5.80% |
|
1 year |
6.30% |
6.80% |
|
1 year 1 day – 1 year 9 days |
6.00% |
6.50% |
|
1 year 10 days |
7.30% |
7.80% |
|
1 year 11 days – 1 year 2 months 17 days |
6.00% |
6.50% |
|
1 year 2 months 18 days |
7.10% |
7.60% |
|
1 year 2 months 19 days – 1 year 9 months 27 days |
6.00% |
6.50% |
|
1 year 10 months |
6.10% |
6.60% |
|
1 year 10 months 1 day – 2 years |
6.00% |
6.50% |
|
2 years 1 day – 2 years 1 month 15 days |
6.30% |
6.80% |
|
2 years 1 month 16 days |
6.50% |
7.00% |
|
Over 2 years 1 month to nearly 2 years 9 months |
6.30% |
6.80% |
|
2 years 8 months 24 days |
6.40% |
6.90% |
|
2 years 8 months 25 days – 2 years 11 months 28 days |
6.30% |
6.80% |
|
2 years 11 months 29 days – 3 years 7 months 27 days |
6.00% |
6.50% |
|
3 years 7 months 28 days |
6.10% |
6.60% |
|
Nearly 3 years 8 months to just under 5 years |
6.00% |
6.50% |
|
4 years 11 months 29 days |
6.50% |
7.00% |
|
5 years – 5 years 5 months 28 days |
6.25% |
6.75% |
|
5 years 5 months 29 days |
6.35% |
6.85% |
|
5 years 5 months 30 days – 9 years 11 months 28 days |
6.25% |
6.75% |
Frequently Asked Questions (FAQs)
