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Fixed Deposit Rate of Allahabad Bank

Tenure Interest Rates for Regular Deposit Interest Rates for Senior Citizen
7 days to 14 days 4.50% -
15 days to 29 days 4.50% -
30 days to 45 days 5.00% -
46 days to 60 days 5.50% -
61 days to 90 days 6.00% -
91 days to 179 days 6.25% -
180 days to 269 days 6.50% -
270 days to 364 days 6.50% -
1 year to 1 year 11 months 29 days 7.00% -
2 years to 2 years 11 months 29 days 6.75% -
3 years to 4 years 11 months 29 days 6.50% -
5 years to 10 years 6.50% -

Fixed Deposit Calculator

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What Is A Fixed Deposit?

A fixed deposit (FD) is a kind of bank account where you deposit a fixed amount of money at a regular interval for a specified time. The sole purpose of this kind of a bank account is the huge amount of interest rates they provide. You can collect the maturity amount at the end of the fixed time for which you deposit the money.

Allahabad Bank Fixed Deposit

Allahabad Bank offers fixed deposit accounts for its customers. Usually, these accounts are kept by businessmen and merchants who wish to earn higher interest rates. Allahabad Bank Fixed Deposit accounts are a good way of saving and making.

You can always apply for these fixed deposit accounts online or by going into your nearest branch.

Allahabad Bank Fixed Deposit Rates

Rates of interest always fluctuate according to the market and the economy. However, Allahabad Bank is known to give quite high rates of interest on fixed deposits. These fixed deposit rates obviously have to conform to the guidelines of the Reserve Bank if India.

Other than that Allahabad Bank Fixed Deposit rates are quite profitable. At any given point of time, you can know the FD rates of Allahabad Bank by a simple inquiry into the nearest branch, or by looking up the online website of the bank.

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