Andhra Bank FD Rates

A fixed deposit or FD is a type of bank account which allows you to deposit a certain fixed amount of money at a regular interval of time for a fixed period. In a fixed deposit account, you can collect the maturity amount at the end of the fixed period. The advantage of having a fixed deposit account is that you earn high rates of interest on Andhra Bank fixed deposit. You can check Andhra Bank FD Rates online in India.

Rates of interest on fixed deposits will vary by the economy and the market of a particular point of time. However, the interest rate of fixed deposits in Andhra Bank is always pretty high and profitable.

The bank has to follow certain regulations regarding the FD rates. But at the end, Andhra Bank's interest rate can serve you well. You will get a handsome amount of money from the fixed deposit account. And this price would include a huge percentage of interest from the FD.

Features of Andhra Bank Fixed Deposit

Investment Amount  Minimum - Rs. 1, 00,000 Maximum- No Maximum Limit
Tenure  Minimum - 7 daysMaximum- 10 Years
Interest Rate  Minimum - 3.50 %Maximum- 5.45%

Andhra Bank Fixed Deposit Rates 2020

Andhra Bank FD Rates in India
Tenure General Public FD Rates Senior Citizen FD Rates
7 days to 14 days 3.50% 4.00%
15 days to 30 days 3.50% 4.00%
31 days to 45 days 3.75% 4.25%
46 days to 90 days 4.00% 4.50%
91 days to 120 days 4.50% 5.00%
121 days to 180 days 4.75% 5.25%
181 days to 364 days 5.00% 5.50%
444 days 5.40% 5.90%
445 days to 554 days 5.40% 5.90%
555 days 5.40% 5.90%
556 days to 3 years 5.40% 5.90%
1 year to 443 days 5.40% 5.90%
3 years to 10 years 5.45% 5.95%

Comparison of FD Rates by Top 10 Financial Institutes

Name Interest Rates Tenure  
Axis Bank 5.75% 5 years to 10 years View Details
Bank of Baroda 5.30% 5 years 1 day to 10 years View Details
Bank of India 5.40% 5 years to 10 years View Details
Canara Bank 5.45% 3 years to 10 years View Details
Central Bank of India 5.35% 5 years to 10 years View Details
HDFC Bank 5.50% 5 years 1 day to 10 years View Details
ICICI Bank 5.50% 5 years 1 day to 10 years View Details
IDBI Bank 5.70% 7 years 1 day to 10 years View Details
State Bank Of India 5.40% 5 years to 10 years View Details
Yes Bank 7.00% 1 year to 10 years View Details

Andhra Bank FD Rates for Domestic Deposits

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

For Domestic Deposits - Less than 1 Cr (As on July 12, 2017)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

General

Senior Citizen

7 days to 14 days

Less than Rs. 1 crore

4.00%

4.5%

15 days to 45 days

Less than Rs. 1 crore

4.50%

5%

46 days to 90 days

Less than Rs. 1 crore

5.00%

5.5%

91 days to 179 days

Less than Rs. 1 crore

6.00%

6.5%

6 months to less than 9 months

Less than Rs. 1 crore

6.25%

6.75%

9 months to less than 1 year

Less than Rs. 1 crore

6.25%

6.75%

1 year

Less than Rs. 1 crore

6.75%

7.25%

Above 1 year to 2 years

Less than Rs. 1 crore

6.50%

7%

Above 2 years to 3 years

Less than Rs. 1 crore

6.50%

7%

Above 3 years to 5 years

Less than Rs. 1 crore

6.25%

6.75%

Above 5 years to 10 years

Less than Rs. 1 crore

6.25%

6.75%

For Domestic Deposits - Rs. 1 Cr to 10 Cr (As on July 12, 2017)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

7 days to 14 days

Rs. 1 cr to Rs. 10 cr

4.00%

15 days to 45 days

Rs. 1 cr to Rs. 10 cr

4.00%

46 days to 90 days

Rs. 1 cr to Rs. 10 cr

4.25%

91 days to 179 days

Rs. 1 cr to Rs. 10 cr

5.00%

6 months to less than 9 months

Rs. 1 cr to Rs. 10 cr

5.00%

9 months to less than 1 year

Rs. 1 cr to Rs. 10 cr

5.00%

1 year

Rs. 1 cr to Rs. 10 cr

5.25%

Above 1 year to 2 years

Rs. 1 cr to Rs. 10 cr

5.25%

Above 2 years to 3 years

Rs. 1 cr to Rs. 10 cr

5.25%

Above 3 years to 5 years

Rs. 1 cr to Rs. 10 cr

5.00%

Above 5 years to 10 years

Rs. 1 cr to Rs. 10 cr

5.00%

For Domestic Deposits - Above 10 Cr to 50 Cr (As on July 12, 2017)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

7 days to 14 days

Rs. 10 cr to Rs. 50 cr

4.00%

15 days to 45 days

Rs. 10 cr to Rs. 50 cr

4.00%

46 days to 90 days

Rs. 10 cr to Rs. 50 cr

4.25%

91 days to 179 days

Rs. 10 cr to Rs. 50 cr

5.00%

6 months to less than 9 months

Rs. 10 cr to Rs. 50 cr

5.00%

9 months to less than 1 year

Rs. 10 cr to Rs. 50 cr

5.00%

1 year

Rs. 10 cr to Rs. 50 cr

5.25%

Above 1 year to 2 years

Rs. 10 cr to Rs. 50 cr

5.25%

Above 2 years to 3 years

Rs. 10 cr to Rs. 50 cr

5.25%

Above 3 years to 5 years

Rs. 10 cr to Rs. 50 cr

5.00%

Above 5 years to 10 years

Rs. 10 cr to Rs. 50 cr

5.00%

For Domestic Deposits - Above 50 Cr to 100 Cr (As on July 12, 2017)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

7 days to 14 days

Rs. 50 cr to Rs. 100 cr

4.00%

15 days to 45 days

Rs. 50 cr to Rs. 100 cr

4.00%

46 days to 90 days

Rs. 50 cr to Rs. 100 cr

4.25%

91 days to 179 days

Rs. 50 cr to Rs. 100 cr

5.00%

6 months to less than 9 months

Rs. 50 cr to Rs. 100 cr

5.00%

9 months to less than 1 year

Rs. 50 cr to Rs. 100 cr

5.00%

1 year

Rs. 50 cr to Rs. 100 cr

5.25%

Above 1 year to 2 years

Rs. 50 cr to Rs. 100 cr

5.25%

Above 2 years to 3 years

Rs. 50 cr to Rs. 100 cr

5.25%

Above 3 years to 5 years

Rs. 50 cr to Rs. 100 cr

5.00%

Above 5 years to 10 years

Rs. 50 cr to Rs. 100 cr

5.00%

 

For Domestic Deposits - Rs. 100 Crore and Above (As on July 12, 2017)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

7 days to 14 days

Rs. 100 cr and Above

4.00%

15 days to 45 days

Rs. 100 cr and Above

4.00%

46 days to 90 days

Rs. 100 cr and Above

4.25%

91 days to 179 days

Rs. 100 cr and Above

5.00%

6 months to less than 9 months

Rs. 100 cr and Above

5.00%

9 months to less than 1 year

Rs. 100 cr and Above

5.00%

1 year

Rs. 100 cr and Above

5.25%

Above 1 year to 2 years

Rs. 100 cr and Above

5.25%

Above 2 years to 3 years

Rs. 100 cr and Above

5.25%

Above 3 years to 5 years

Rs. 100 cr and Above

5.00%

Above 5 years to 10 years

Rs. 100 cr and Above

5.00%

Tax Saver FD (Max Deposit - 1 LPA)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

AB TAX SAVER - 5 Years

Less than Rs. 15 lakh

6.5%

Tax Implications

    • The amount invested in 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 source, i.e. Andhra Bank, in case the annual interest earned crosses Rs. 10,000.

*Tax benefit is subject to changes in tax laws

 Andhra Bank FD Rates for NRO

For NRO - Less than Rs. 1 crore (As on July 12, 2017)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

7 days to 14 days

Less than Rs. 1 cr

4.00%

15 days to 45 days

Less than Rs. 1 cr

4.50%

46 days to 90 days

Less than Rs. 1 cr

5.00%

91 days to 179 days

Less than Rs. 1 cr

6.00%

6 months to less than 9 months

Less than Rs. 1 cr

6.25%

9 months to less than 1 year

Less than Rs. 1 cr

6.25%

1 year

Less than Rs. 1 cr

6.75%

Above 1 year to 2 years

Less than Rs. 1 cr

6.50%

Above 2 years to 3 years

Less than Rs. 1 cr

6.50%

Above 3 years to 5 years

Less than Rs. 1 cr

6.25%

Above 5 years to 10 years

Less than Rs. 1 cr

6.25%

 

For NRO - Rs. 1 Cr to Less than 10 Cr (As on July 12, 2017)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

7 days to 14 days

Rs. 1 cr to Rs. 10 cr

4.00%

15 days to 45 days

Rs. 1 cr to Rs. 10 cr

4.00%

46 days to 90 days

Rs. 1 cr to Rs. 10 cr

4.25%

91 days to 179 days

Rs. 1 cr to Rs. 10 cr

5.00%

6 months to less than 9 months

Rs. 1 cr to Rs. 10 cr

5.00%

9 months to less than 1 year

Rs. 1 cr to Rs. 10 cr

5.00%

1 year

Rs. 1 cr to Rs. 10 cr

5.25%

Above 1 year to 2 years

Rs. 1 cr to Rs. 10 cr

5.25%

Above 2 years to 3 years

Rs. 1 cr to Rs. 10 cr

5.25%

Above 3 years to 5 years

Rs. 1 cr to Rs. 10 cr

5.00%

Above 5 years to 10 years

Rs. 1 cr to Rs. 10 cr

5.00%

For NRO - Above 10 Cr to Rs. 50 Cr (As on July 12, 2017)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

7 days to 14 days

Rs. 10 cr to Rs. 50 cr

4.00%

15 days to 45 days

Rs. 10 cr to Rs. 50 cr

4.00%

46 days to 90 days

Rs. 10 cr to Rs. 50 cr

4.25%

91 days to 179 days

Rs. 10 cr to Rs. 50 cr

5.00%

6 months to less than 9 months

Rs. 10 cr to Rs. 50 cr

5.00%

9 months to less than 1 year

Rs. 10 cr to Rs. 50 cr

5.00%

1 year

Rs. 10 cr to Rs. 50 cr

5.25%

Above 1 year to 2 years

Rs. 10 cr to Rs. 50 cr

5.25%

Above 2 years to 3 years

Rs. 10 cr to Rs. 50 cr

5.25%

Above 3 years to 5 years

Rs. 10 cr to Rs. 50 cr

5.00%

Above 5 years to 10 years

Rs. 10 cr to Rs. 50 cr

5.00%

For NRO - Above 50 Cr to Rs. 100 crore (As on July 12, 2017)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

7 days to 14 days

Rs. 50 cr to Rs. 100 cr

4.00%

15 days to 45 days

Rs. 50 cr to Rs. 100 cr

4.00%

46 days to 90 days

Rs. 50 cr to Rs. 100 cr

4.25%

91 days to 179 days

Rs. 50 cr to Rs. 100 cr

5.00%

6 months to less than 9 months

Rs. 50 cr to Rs. 100 cr

5.00%

9 months to less than 1 year

Rs. 50 cr to Rs. 100 cr

5.00%

1 year

Rs. 50 cr to Rs. 100 cr

5.25%

Above 1 year to 2 years

Rs. 50 cr to Rs. 100 cr

5.25%

Above 2 years to 3 years

Rs. 50 cr to Rs. 100 cr

5.25%

Above 3 years to 5 years

Rs. 50 cr to Rs. 100 cr

5.00%

Above 5 years to 10 years

Rs. 50 cr to Rs. 100 cr

5.00%

 

For NRO - Rs. 100 Crore and Above (As on July 12, 2017)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

7 days to 14 days

Rs. 100 cr and Above

4.00%

15 days to 45 days

Rs. 100 cr and Above

4.00%

46 days to 90 days

Rs. 100 cr and Above

4.25%

91 days to 179 days

Rs. 100 cr and Above

5.00%

6 months to less than 9 months

Rs. 100 cr and Above

5.00%

9 months to less than 1 year

Rs. 100 cr and Above

5.00%

1 year

Rs. 100 cr and Above

5.25%

Above 1 year to 2 years

Rs. 100 cr and Above

5.25%

Above 2 years to 3 years

Rs. 100 cr and Above

5.25%

Above 3 years to 5 years

Rs. 100 cr and Above

5.00%

Above 5 years to 10 years

Rs. 100 cr and Above

5.00%

Andhra Bank FD Rates for NRE

For NRE - Less than 1 Crore (As on July 12, 2017)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

1 year

Less than to Rs. 1 cr

6.75%

1 year to 2 years

Less than to Rs. 1 cr

6.5%

Above 2 years to 3 years

Less than to Rs. 1 cr

6.5%

Above 3 years to 5 years

Less than to Rs. 1 cr

6.25%

Above 5 years to 10 years

Less than to Rs. 1 cr

6.25%

For NRE - Rs. 1 Cr to Less than 10 Cr (As on July 12, 2017)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

1 year to 2 years

Rs. 1 cr to Rs. 10 cr

5.25%

1 year

Rs. 1 cr to Rs. 10 cr

5.25%

Above 2 years to 3 years

Rs. 1 cr to Rs. 10 cr

5.25%

Above 3 years to 5 years

Rs. 1 cr to Rs. 10 cr

5%

Above 5 years to 10 years

Rs. 1 cr to Rs. 10 cr

5%

 

Written By: PolicyBazaar - Updated: 29 October 2020
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