Allahabad Bank FD Rates 2025

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 FD interest rates. These fixed deposit rates have to conform to the guidelines of the Reserve Bank of India.

Other than that, Allahabad Bank Fixed Deposit rates are quite profitable. At any given point in 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.

It is advisable to reconfirm the FD Rates from the bank before making any decision based on the data provided below.

Allahabad Bank FD Rates on Domestic/NRE/Capital Gains Type B/Tax Saver Fixed Deposits of less than Rs 2 crore w.e.f. 19 December 2022

Special Fixed Deposit Interest Rate w.e.f. 19 December 2022

Allahabad Bank Tax Saver Deposit

Tax Implications

• The amount invested in a Fixed Deposit with a tenure of 5 years with Allahabad Bank is eligible for tax deduction under IT section 80C, whereas the interest earned on the investment is taxable.

• The applicable tax will be deducted at the source, i.e., Allahabad Bank, in case the annual interest earned crosses Rs.10,000.

Bank FD Interest Rates

Bank FD Calculator

NRI-NRE FD Rates

Andhara Bank FD Rates

Assam Gramin Vikash Bank FD Rates

AU Small Finance Bank FD Rates

Axis Bank FD Rates

Bajaj Finance FD Rates

Bandhan Bank FD Rates

Bangiya Gramin Vikash Bank FD Rates

Bank of Baroda FD Rates

Bank of Ceylon FD Rates

Bank of Maharashtra FD Rates

Baroda Gujarat Gramin Bank FD Interest Rates

BOI FD Interest Rates

Canara Bank FD Rates

Capital Small Finance Bank FD Rates

Central Bank of India FD Rates

Citi Bank FD Rates

City Union Bank FD Rates

Corporation Bank FD Rates

Dakshin Bihar Gramin Bank FD Rates

DBS Bank FD Rates

Dena Bank FD Rates

Dhanlaxmi Bank FD Rates

Equitas Bank FD Rates

ESAF Small Finance Bank FD Rates

HDFC FD Interest Rates

HSBC FD Rates

ICICI Bank FD Rates

IDBI Bank FD Rates

IDFC Bank FD Rates

Indian Bank FD Rates

Indian Overseas Bank FD Rates

IndusInd Bank FD Rates

Jana Small Finance Bank FD Rates

Karnataka Bank FD Rates

Kerala Bank FD Interest Rates

Kotak FD Rates

Lakshmi Vilas Bank FD Rates

Muthoot Capital FD Rates

Nainital Bank FD Rates

Odisha Gramya Bank FD Rates

Paschim Banga Bank FD Rates

Paytm FD Rates

PNB FD Interest Rates

Prathama UP Gramin Bank FD Rates

RBL Bank FD Rates

Saurashtra Gramin Bank FD Interest Rates

SBI FD Interest Rates

Shriram Finance FD Rates

State Bank of Hyderabad FD Rates

State Bank of Mysore FD Rates

State Bank of Travancore FD Rates

Syndicate Bank FD Rates

Tamil Nadu Grama Bank FD Interest Rates

Telangana Grameena Bank FD Rates

Tripura Gramin Bank FD Interest Rates

UCO Bank FD Rates

ujjivan small finance bank fd rates

Union Bank FD Rates

Uttar Bihar Gramin Bank FD Rates

Uttarakhand Gramin Bank FD Interest Rates

Vijaya Bank FD Rates

Yes Bank FD Rates

Expand

Allahabad Bank FD Calculator

Andhra Bank FD Calculator

AU Bank FD Calculator

Axis Bank FD Calculator

Bajaj Finance FD Calculator

Bandhan Bank FD Calculator

Bank of Baroda FD Calculator

Bank of India FD Calculator

Bank of Maharashtra FD Calculator

Canara Bank FD Calculator

Central Bank FD Calculator

Corporation Bank FD Calculator

Equitas Small Finance Bank FD Calculator

HDFC Bank FD Calculator

ICICI Bank FD Calculator

IDBI Bank FD Calculator

IDFC Bank FD Calculator

Indian Bank FD Calculator

Indian Overseas Bank FD Calculator

IndusInd Bank FD Calculator

Karnataka Bank FD Calculator

Karur Vysya Bank FD Calculator

Kotak Bank FD Calculator

Mahindra Finance FD Calculator

OBC Bank FD Calculator

Odisha Gramya Bank FD Calculator

PNB Bank FD Calculator

SBI FD Calculator

Shriram Finance FD Calculator

Syndicate Bank FD Calculator

Tripura Gramin Bank FD Calculator

UCO Bank FD Calculator

Union Bank FD Calculator

Yes Bank FD Calculator

Expand

HDFC NRE FD Rates

Maybank Malaysia FD Rates

SBI NRI FD Rates

Axis NRI FD Rates

Maybank Singapore FD Rates

Yes Bank NRI FD Rates

For NRE Fixed Deposit - of Rs 2 crore to less than Rs 5 crore

Note: The above-mentioned FD rates are applicable W.E.F. 31st October 2022

Interest Rates of FCNR (B) and RFC Deposits w.e.f. 1 January 2023

Note: The above-mentioned FD rates are applicable W.E.F. 1st January 2023.

Types of Allahabad Bank Fixed Deposit Schemes

1. Regular Fixed Deposit

   • Minimum deposit amount: Rs 1,000

   • Tenure: 6 months – 10 years

   • Senior citizens can earn an extra 0.50% p.a. for deposits up to Rs.10 crore.

   • Deposits have automatic renewal available.

   • Depositors can nominate, take out loans, or make pre-closures.

   • Interest is credited on a quarterly/monthly basis with a discount.

2. Short Term Deposits

   • Minimum deposit amount: Rs 1,000

   • Tenure: 7 days – 180 days

   • Senior citizens can get an additional interest of 0.50% p.a. for amounts up to Rs.10 crore

   • Staff members can get an additional interest of 1% p.a. for amounts up to Rs.2 crore

   • Ex-staff seniors can get an additional interest of 1.50% p.a. for amounts up to Rs.10 crore

   • Nomination, pre-closure, and loan against deposit facilities are available

   • Higher interest rates are offered on deposits of 7 days to 10 years, except for NRE and Capital Gain Scheme 1988 deposits

   • HUF deposits held by the Karta, even if they are senior citizens, do not qualify for a higher interest rate as the beneficial owner is the HUF, not the Karta in their individual capacity.

About Allahabad Bank Fixed Deposit Interest Rate Calculator

Allahabad Bank FD calculator is an easy-to-use, hassle-free tool that helps in the quick calculation of the maturity amount and the interest earned receivable at the end of the policy tenure. By entering some basic details, you can calculate the correct FD amount. Here are the steps that an investor needs to follow to calculate Fixed Deposit rates on the FD Calculator:

• The amount that is invested

• The Rate of Interest offered

• The tenure of the Fixed Deposit Account

• The compounding period, that is, yearly, half-yearly, quarterly, or monthly

• The FD Amount

Once entered the following details, an investor will come to know:

• The maturity value of the FD

• The total interest earned during the complete tenure

Allahabad Bank offers fixed deposit accounts for its customers. 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.

Conclusion

In conclusion, Allahabad Bank offers a range of fixed deposit options with varying tenures and interest rates. The interest rates offered by the bank are competitive and can be a good investment option for those looking for a steady source of income. However, it is important to note that interest rates are subject to change, and investors must keep track of the current rates before making any investments. Overall, Allahabad Bank FDs can be a good choice for those looking for a safe and reliable investment option.

FAQ's