Public Sector

Punjab & Sind Bank

Where Service is a Way of Life

📍 New Delhi, Delhi 📅 Est. 1908 🏢 1,550+ Branches
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About PSB

Punjab & Sind Bank was founded in 1908 by Sir Sunder Singh Majithia, Sardar Tarlochan Singh, and Bhai Vir Singh. It was nationalized in 1980 and has its headquarters in New Delhi. The bank has a strong presence in Punjab and North India.

🏦 1,550+ Branches
🏧 1,100+ ATMs
👥 11,000+ Employees
📱 PSB Mobile Mobile App

💵 Savings Account

2.85% Interest Rate

Minimum Balance Requirements

  • Metro/Urban: Rs. 1,000
  • Semi-Urban: Rs. 500
  • Rural: Rs. 250

BSBD Account Available

Account Features

Free ATM Card Internet Banking Mobile Banking SMS Alerts Passbook

💰 Fixed Deposit (FD) Interest Rates

Tenure Interest Rate
7-45 days 3.50%
46-90 days 4.50%
91-180 days 5.50%
181 days - 1 year 6.50%
1-2 years 6.90%
2-3 years 6.85%
3-5 years 6.50%
5-10 years 6.50%
Senior Citizen Extra +0.50%

* Rates are subject to change. Please verify with the bank before investing.

📈 Recurring Deposit (RD) Interest Rates

Tenure Interest Rate
6 months 5.50%
1 year 6.50%
2 years 6.90%
3 years 6.50%
5 years 6.50%

🏠 Loan Interest Rates

Home Loan

8.55% - 10.55%
Processing: 0.50% + GST Max Tenure: 30 years

Car Loan

8.85% - 11.15%
Processing: 0.50% + GST Max Tenure: 7 years

Personal Loan

11.10% - 15.00%
Processing: 1% + GST Max Tenure: 5 years

Education Loan

8.60% - 11.00%
Processing: Nil Max Tenure: 15 years

Gold Loan

8.85% - 10.25%
Processing: 0.50% Max Tenure: 2 years

Loan Against Property

9.75% - 11.75%
Processing: 0.50% + GST Max Tenure: 12 years

💳 Credit Cards

PSB RuPay Classic

Annual Fee: Rs. 300 Basic rewards

PSB Visa Gold

Annual Fee: Rs. 500 Enhanced benefits

📦 Locker Charges & Service Fees

🔐 Locker Annual Rent

  • Small: Rs. 1,500/year
  • Medium: Rs. 3,000/year
  • Large: Rs. 6,000/year
  • Extra Large: Rs. 10,000/year

💸 Service Charges

  • NEFT (Online): Free
  • RTGS (Online): Free
  • IMPS: Rs. 2.50 - Rs. 15
  • Cheque Book: 20 leaves free
  • Debit Card Annual: Rs. 150 - Rs. 300
  • SMS Alerts: Rs. 15/quarter

📞 Customer Care Numbers

Toll Free 1800-419-8300
General Helpline 1800-180-3333
Credit Card 1800-419-8300
NRI Services 1800-180-3333

SWIFT Code: PSBNINBB

IFSC Format: PSIB0XXXXXX