Allahabad Bank is a nationalized Indian bank that has its headquarter in Kolkata, India. The bank was providing financial and banking services for more than 100 years until it was merged with another renowned bank – the Indian Bank in the year 2020.
Save upto ₹46,800 in tax under Sec 80C
Inbuilt Life Cover
Tax Free Returns Unlike FD
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
BANKS | GENERAL CITIZENS | SENIOR CITIZEN |
Axis Bank FD Rates | 2.50% - 5.75% | 2.50% - 6.50% |
Bandhan Bank FD Rates | 3.00% - 5.00% | 3.75% - 5.75% |
Bank of Baroda FD Rates | 2.80% - 5.25% | 3.30% - 6.25% |
Bank of India FD Rates | 2.85% - 5.05% | 3.35% - 5.55% |
Canara Bank FD Rates | 2.90% - 5.40% | 2.90% - 5.90% |
Central Bank of India FD Rates | 2.75% - 5.00% | 2.90% - 3.25% |
DBS Bank FD Rates | 2.50% - 5.50% | 3.50% - 6.00% |
HDFC Bank FD Rates | 2.50% - 5.60% | 3.00% - 6.35% |
IDFC Bank FD Rates | 2.50% - 6.00% | 3.00% - 6.50% |
Indian Bank FD Rates | 2.90% - 5.15% | 3.40% - 5.65% |
Indian Overseas Bank FD Rates | 3.40% - 5.20% | 3.90% - 5.70% |
IndusInd Bank FD Rates | 2.50% - 6.00% | 3.00% - 6.50% |
Punjab National Bank FD Rates | 2.90% - 5.25% | 3.50% - 5.75% |
SBI FD Rates | 5.30% - 5.40% | 5.80% - 6.20% |
UCO Bank FD Rates | 2.55% - 5.05% | 3.80% - 6.30% |
Yes Bank FD Rates | 3.25% - 6.25% | 3.75% - 7.25% |
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.
Allahabad Bank Fixed Deposit calculator is an easy-to-use, hassle-free tool that helps in 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
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 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 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.
It is advisable to reconfirm the FD Rates from the bank before making any decision based on the data provided below.
Tenure | General Public FD Rates |
7 days to 45 days | 2.90% |
46 days to 90 days | 2.90% |
91 days to 180 days | 2.90% |
181 days to less than 1 year | 3.25% |
1 year | 3.55% |
More than 1 year to less than 3 years | 3.25% |
3 years to 5 years | 3.25% |
Above 5 years | 3.25% |
Note: The aforementioned rate of interest applies to the NRE Fixed Deposits as well as W.E.F. 10th November 2021.
MATURITY PERIOD |
DEPOSIT AMOUNT |
INTEREST RATE (% p.a.) |
|
General |
|||
IB Tax Saver schemes - 5 Years |
Up to Rs. 1 lakh |
5.25% |
MATURITY PERIOD |
DEPOSIT AMOUNT |
INTEREST RATE (% p.a.) |
1 year |
less than Rs. 2cr |
5.25 |
Above 1 year to less than 2 years |
less than Rs. 2cr |
5.15 |
2 year to less than 3 years |
less than Rs. 2cr |
5.15 |
3 years and above |
less than Rs. 2cr |
5.15 |
Note: The above-mentioned FD rates are applicable W.E.F. 05th August 2021
MATURITY PERIOD |
DEPOSIT AMOUNT |
INTEREST RATE (% p.a.) |
1 year |
Rs. 2cr to 5crs |
4.00 |
Above 1 year to less than 2 years |
Rs. 2cr to 5crs |
4.00 |
2 year to less than 3 years |
Rs. 2cr to 5crs |
4.00 |
3 years and above |
Rs. 2cr to 5crs |
4.00 |
Note: The above-mentioned FD rates are applicable W.E.F. 05th August 2021