Punjab And Sind Bank Recurring Deposit Calculator | PSB RD Interest Rates

Punjab And Sind Bank RD Calculator is here. You can calculate your Recurring Deposit Maturity amount and Investment Amount on this page by using the PSB RD Calculator and Installment Calculator. The Interest Rates and Tenure Periods of  PSB are necessary to calculate the Maturity and investment amount. Read the complete article to know furthermore details about the usages of the Punjab And Sind Recurring Deposit Calculator and its Interest Rates along with the tenure period.

Punjab And Sind Bank RD Calculator

The Punjab And Sind Bank RD Calculator is mainly used to calculate the Recurring Deposit maturity amount. You can also calculate your Recurring Deposit Investment amount by using the PSB RD Installment Calculator. Many people do not know How To Use Punjab And Sind Bank RD Calculator. For the sake of people, we are providing some simple and easy steps in the below sections. Therefore, you can learn the usage of the calculator from the below steps. Hence, follow the below topics to know furthermore details about RD Calculator.

How To Use Punjab And Sind Bank RD Calculator

  1. First of all, go to the Punjab and Sind Bank Official website or click the below link.
  2. Search for the Punjab And Sind Bank RD Calculator link.
  3. If you find the link, then click on it.
  4. A page with Punjab And Sind Bank Recurring Deposit Calculator appears on the screen.
  5. Enter the necessary details like interest rate, investment amount, tenure period, and compounding interest on the calculator.
  6. Click on the Calculate Button.
  7. You can see your Recurring Deposit maturity amount on the screen.
  8. If you want you can also try with the different interest rates and tenure periods to know the maturity amount.

The people who want to calculate the Recurring Deposit maturity can follow the above processing steps. If you want to calculate your Recurring Deposit investment amount, you can use the Installment calculator. If you don’t know How To Use PSB RD Installment Calculator, you can learn from the below steps. To know more details about Recurring Deposit Calculator, you can see the below link.

Click here: Punjab And Sind Bank RD Calculator

How To Use PSB RD Installment Calculator

  1. Open the below link or Go to the PSB Official Website.
  2. Search for the PSB RD Installment Calculator.
  3. If you get the Calculator open it.
  4. Enter the details like tenure period, interest rates, compounding interest, and investment amount.
  5. After entering all the details Click on the Calculate Button.
  6.  A page with your Recurring Deposit investment amount appears on the screen.
  7. You can also try with the different interest rates and maturity amounts to get an idea on the RD Investment amounts.

The users who want to know their RD Installment amount can use the above steps while calculating the Investment amount. To calculate the maturity amount and investment amount, you have to know the Punjab And Sind RD Interest Rates. Without the interest rates and tenure periods, you can not calculate the maturity and investment amount. We had given the interest rates in the below tables. Open the below link once, to get the RD Installment Calculator. So, follow the below sections to know more details about Punjab And Sind Bank Recurring Deposit.

Click here: Punjab And Sind RD Installment Calculator.

Punjab And Sind Bank RD Calculator

Punjab And Sind RD Interest Rates

PSB Recurring Deposit Interest Rates for Domestic 
Tenure Period RD Rates for Regular Depositors RD Rates Senior Citizen
6 months to 269 days 6.60 7.10
9 months to 364 days 6.85 7.35
1 year to 2 years 7.10 7.60
Over 2 Years to less than 3 years 7.00 7.50
3 years to 5 years 7.00 7.50
Over 5 years to 10 years 7.00 7.50

PSB NRE RD Interest Rates

NRE Recurring Deposit Interest Rates in PSB
Tenure Period RD Interest Rates for Deposits Below Rs.1 Crore (p.a)
1 year to 2 years 7.10
Over 2 Years to less than 3 years 7.00
3 years to 5 years 7.00

Punjab And Sind Bank Recurring Deposit

Recurring Deposit is similar to the Fixed Deposit. You can save your money safely in banks, by using this scheme. In this Recurring Deposit, you have to invest some amount of money monthly. At the time of maturity, you can take a huge amount of money along with the interest rate. The interest rates are high for Recurring Deposits. So, apply for a new RD Account now to receive the offers, benefits, and advantages.

PSB is founded in the year 1908. It is one of the famous banks in India. The Punjab and Sind bank is offering high-interest rates for Recurring Deposit. The people can earn a huge amount after the maturity along with the attractive interest rates. Before opening an account in RD, you have to check your Eligibility. We are providing the PSB RD Account Eligibility in the below sections. So, check your eligibility from the below list while opening the New RD Account. Therefore, the people can see the below topics to know the PSB Schemes. You can also open the below link to know more about PSB RD.

Click here: Punjab And Sind Bank Recurring Deposit

PSB RD Account Eligibility

The PSB bank allows only eligible persons for opening a new RD account. The eligibility details are given below. Therefore, the people who are going to apply for a new Recurring Deposit account can check their eligibility from the below list. You have to know the Punjab and Sind Bank RD Account Opening Procedure. For the sake of people, we are also providing those details in the following sections.

  • Any person can open a single or joint Recurring Deposit Account in Punjab and Sind Bank.
  • A minor with 10 years age can also apply for an RD Account jointly with a guardian.
  • Firms, societies, Corporates, Religious, associations, Government Institutions and charitable institutions are eligible for Recurring Deposit account.

Punjab And Sind Bank RD Account Opening

Many people do not know the RD Account opening procedure. You can apply for a new RD Account in two ways. There are the online process and the offline process. You can follow any of the two methods to apply for a new Recurring Deposit Account. We are providing the two processing methods in the below sections. If you do not know How To Apply PSB RD Account Online, you can learn from the below steps. Hence, follow the below steps while applying for a new Recurring Deposit Account in Punjab and Sind Bank.

How To Apply PSB RD Account Online

  1. First of all, go to the PSB official website or see the below link.
  2. Search for the Account opening application form.
  3. If you find the form, then fill it without any mistakes.
  4. After filling the application form, click on the submit button.
  5. Pay the application fee through online by using internet banking or Credit Card or Debit Card.
  6. The Bank officers will verify your application.
  7. After the verification, they will create a new RD Account for you.

People who want to apply for an RD Account through online can follow the above processing steps. If you want to apply for RD through the offline process and do not know How To Apply PSB RD Account Offline, you can see the below steps.

How To Apply PSB RD Account Offline

  1. Go to the Punjab and Sind Bank official website or see the below link.
  2. Search for the PSB Recurring Deposit Account opening Application form.
  3. If you find the pdf, then download the application form.
  4. Fill the application form without any leaves and mistakes.
  5. Attach the necessary documents to the application form.
  6. Submit the Application form along with the documents.
  7. The bank holders will verify your documents and application.
  8. After the completion of the verification, the Bank officers will create a new RD Account for you.

The applicants who want to apply for an RD Account through offline can utilize the above steps. Before applying for a recurring deposit, you have to know the PSB RD Schemes. We are providing the schemes in the below sections. You can also know more details about Punjab and Sind Bank RD Account opening through the below link.

Click here: Punjab And Sind bank RD Account Opening Procedure.

PSB RD Schemes

Punjab and Sind Bank is offering many schemes for Recurring Deposit. We are providing some of the schemes in the below sections. So, read the following sections to know the brief details of the recurring Deposit schemes.

Short Term RD Rates

  • In Short Term, the tenure period is ranging from 6 months to 2 years.
  • The interest rate is 6.60%  to 7.10% for a deposit of below 1Crore.

Medium and Long Term RD Rates

  • The medium term deposit is ranging from 2 years to 5 years.
  • For Long Term Deposit, the tenure period is starting from 5 years to 10 years.
  • The interest rate is 7.00% per annum for both medium term and long term.

Senior Citizen RD Rates

  • The interest rate for senior citizens is 0.5% higher than the regular depositors.
Updated: March 21, 2017 — 6:39 am

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