Abhyudaya Cooperative Bank FD Interest Rates

Top Guaranteed Return Plans 

Fixed Deposits (FDs) are widely preferred low-risk, fixed-income investments. They are safe and offer a stable interest rate, although the returns may be comparatively low. Conversely, Guaranteed Return Plans provide insurance coverage along with the potential for higher long-term returns, making them ideal for individuals seeking both wealth creation and protection. FDs remain a good choice for those who value simplicity, safety, and flexible tenure.

What is the Abhyudaya Cooperative Bank Fixed Deposit?

Abhyudaya Bank Fixed Deposit allows individuals to deposit a fixed amount for a specific tenure and earn interest at a fixed rate throughout the period. The bank offers a range of fixed deposit schemes, including the Abhyudaya Tax Saving FDs. Investors can choose from different interest payout options, including cumulative, quarterly, and monthly interest plans, based on their preferences.

Comparing FDs with Other Options 

Fixed Deposits (FDs) have a low risk and offer guaranteed returns, thus it is suitable for conservative investors. The returns are, however, not as high as other alternatives such as mutual funds or other return plans. Although FDs are flexible and safe, other alternatives can have better long-term growth.

Abhyudaya Cooperative Bank Ltd FD: Highlights 

Abhyudaya Cooperative Bank FD Rates 2025  

The Abhyudaya Cooperative Bank FD rates vary based on the tenure and type of deposit, and are as follows:

* Abhyudaya Cooperative Bank Ltd FD rates W.e.f August 25, 2025. 

Types of Abhyudya Cooperative Bank Ltd. FD Schemes 

FD schemes offered by Various Abhyudya Cooperative Bank Ltd. are: 

1. Monthly Income Deposit Scheme 

   The Monthly Income Deposit Scheme is a fixed deposit scheme in which the interest is paid out monthly. It is an ideal investment for those who want a regular and predictable income stream. 

   • Minimum deposit - ₹500
   • Tenure - 7 days up to 10 years
   • Interest Payment Mode - Monthly in cash or credited to the account 
   • Loan Against Deposit - Up to 90% of the amount

2. Quarterly Interest Deposit Scheme 

   Under the Quarterly Interest Deposit Scheme, the interest is paid out every quarter.

   • Minimum deposit - ₹500
   • Interest Payment - Quarterly in cash or credited to the account
   • Loan Facility - Available up to 90% of the amount

3. Fixed Deposit Receipt 

   It is the highly preferred, standard FD scheme in which you receive the interest and the principal combined at the end of the maturity period.

   • Minimum deposit - ₹500
   • Tenure - 7 days up to 10 years
   • Interest Payment - At maturity

4. Quarterly Interest cum Reinvestment Plan 

   The plan focuses on wealth creation by compounding interest. An FD where the interest is compounded quarterly and reinvested, with the total amount paid at maturity.

   • Minimum deposit - ₹500
   • Interest Payment - At maturity with principal 
   • Loan Facility -  up to 90% of the deposit amount 

5. Abhyudaya Tax Saving Scheme (ATSS) 

   It is an FD scheme with a 5-year lock-in period that provides tax deductions. Under this, you can claim a tax deduction of up to ₹1.5 lakhs under Section 80C. It is ideal for individuals looking to not only invest but also save on taxes.

   • Minimum Deposit - ₹5,000
   • Maximum Deposit - ₹1.5 lakhs per annum
   • Lock-in Period - 5 years 
   • Premature withdrawal - Allowed upon the death of the depositor
   • Loan facilities- Not available

Key Features of Abhyudaya Cooperative Fixed Deposit

Abhyudaya Bank Fixed Deposits come with a range of beneficial features. Here are some of the key features you can make use of:

• Auto-Renewal Facility: Abhyudaya Bank offers an auto-renewal option for fixed deposits linked to your savings account. You can choose this when opening your FD. If you have not selected any option or given instructions at the time of maturity, the bank will automatically renew your FD for the same period at the interest rate applicable on that day.
• Premature Withdrawal: This feature allows you to close your fixed deposit before maturity. If you withdraw the FD within 7 days of auto-renewal, no interest will be given. If you withdraw it after 7 days, the bank will pay interest after reducing 1% as a penalty.
• Minimum Deposit Amount: Abhyudaya Bank’s fixed deposits can be opened with a minimum amount of ₹500, while Tax Saving Fixed Deposits require a minimum deposit of ₹5,000.
• Loan Against FD: You can avail yourself of a loan facility of up to 90% of the fixed deposit amount. This helps you meet urgent financial needs without opting for premature withdrawal of your FD.

Eligibility for Abhyudaya Cooperative Bank FD

The following individuals or groups are eligible to apply for the Abhyudaya Cooperative Bank FD scheme:

• Any minor jointly with a guardian
• Sole proprietary concerns
• Partnership firms
• Limited companies
• Associations, clubs, societies, etc.
• Trusts
• Joint Hindu Families

How to Open an Abhyudaya Cooperative Bank FD? 

You can open an Abhyudaya Cooperative Bank FD either online through the internet or mobile banking, or offline by visiting a nearby branch. Here's how you can proceed:

1. Online FD Account Opening

   For existing customers, opening a fixed deposit online is a quick and convenient process through the bank's digital platforms.

   Step 1: NetBanking or Mobile App: Log in to your Abhyudaya Bank NetBanking account or the mobile banking app.

   Step 2: Go to 'Fixed Deposit': Navigate to the 'Fixed Deposit' or 'Term Deposit' section in the menu.

   Step 3: Open New FD: Select the option to 'Open FD' or 'Create Term Deposit'.

   Step 4: Enter Details: Choose the FD scheme, enter the deposit amount, and select preferred tenure and interest payout frequency.

   Step 5: Review and Confirm: Review all the details, including nominee information. Confirm the transaction to create your FD.

   Step 6: FD Receipt: The bank will issue a digital fixed deposit receipt.

2. Offline FD Account Opening

   If you prefer a traditional approach, you can open an FD by visiting your nearest Abhyudaya Cooperative Bank branch.

   Step 1: Visit a Branch: Go to any Abhyudaya Cooperative Bank branch with the documents.

   Step 2: Fill out the FD Form: Request an FD application form and fill in all the required details accurately.

   Step 3: Submit Documents: Submit the completed form along with your KYC documents 

   Step 4: Deposit Funds: Deposit the amount you wish to invest in your FD via cash, cheque, or a fund transfer.

   Step 5: Get the FD Receipt: After verification and the deposit is processed, the bank will issue a physical Fixed Deposit Receipt as proof.

Key Takeaways

Abhyudaya Co-operative Bank offers fixed deposit options with features like cumulative and non-cumulative payouts, auto-renewal, and loans up to 90% of the FD amount. Senior citizens get higher interest rates, and FDs can be opened online or at a branch. One drawback is the 1% penalty on premature withdrawals, which may reduce returns. It is recommended to check which bank has the highest FD rate before investing to ensure better returns.