Andhra Bank Fixed Deposit Rates

  1. Fixed Deposit Rates in Andhra Bank. Duration Rate Deposit Amount Rules Additional Interest for Seniors; 7 days-14 days: 3.50%: Must be between Rs.
  2. A)The interest shall be 1% below the rate applicable at the time of Deposits for the period Deposit remained with the Bank or 1% below the contracted rate, whichever is lower, i.e. In case the rate, to be made applicable on premature withdrawal/ payment is going to be higher than the contractual rate, the rate which is lower should be made.

Andhra Bank is a medium-sized public sector bank of India, with a network of 2803 branches, 4 extension counters, 38 satellite offices and 3636 automated teller machines as of 31 Mar 2016

Fixed

The bank has cut the FD rates by 15 bps on long-term deposits maturing in 1 year to 10 years. Now FD interest rate for 7 to 45 days is 4.50%, for 46 to 179 days is 5.50%, for 180 days to 1 year is 5.80% and for 1 year to 10 years is 6.10%.: Axis Bank reduced FD interest rate. MCLR revised rates w.e.f. (Henceforth, MCLR will be published on 15 th day of respective month). Slots machine real coin.

Website : AndhraBank.in

If you are looking for various forms of Andhra Bank, you can download various forms such as Bank Deposit slip, Rtgs form, Neft form, kyc form, IFSC Codes and many more free forms at BankForms.org

  • Download Cash Deposit Slip

Download Andhra bank Deposit slip which can be used for depositing cash and cheques in any of the branches in India.

  • Download RTGS / NEFT Forms

Download Andhra Bank RTGS form / NEFT Form here for transfer of Funds in India.

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  • Fixed Deposit Rates.

Get the latest FDR Rates of Andhra Bank and make your investment decisions accordingly.

Andhra Bank Fixed Deposit Interest Rate“Andhra Bank” was founded by the eminent freedom fighter and a multifaceted genius, Dr. Bhogaraju Pattabhi Sitaramayya. The Bank was registered on 20th November 1923 and commenced business on 28th November 1923 with a paid up capital of Rs 1.00 lakh and an authorised capital of Rs 10.00 lakhs.Our Vision is to become a significant player, providing full range of banking services through innovative customer centric products and to maximize stake holders’ valueOur mission is to work together towards delivering excellent customer service by leveraging on technology and human resources to attain world class performance standards.Interest Rates on Savings Bank Accounts :4.00% per annum on Domestic Savings Deposits, Ordinary Non-Resident (ONR) Savings deposits and Savings Deposits under Non- Resident (External) (NRE SB) Accounts w.e.f., 03.05.2011Interest Rates on Domestic Term Deposits w.e.f., 07.10.2013Rates of Interest on Domestic Term Deposits have been revised with effect from 07.10.2013. With this revision, the interest rates offered on domestic term deposits for various periods are as underSr.
No.
Maturity PeriodRates of interest (%) per annumLess than Rs.15.00 LacsRs.15.00 Lacs to < Rs.1.00 croreRs.1.00 Crore to Rs.10.00 CroreAbove Rs.10 Crore to Rs.50 Crore *Above Rs.50 Crore to Rs.100 Crore *Above Rs.100 Crore *17 days to 14 days #5.00 5.00 5.00 5.00 5.00 5.00 215 days to 45 days5.00 5.00 5.00 5.00 5.00 5.00 346 days to 90 days8.10 8.10 8.10 8.10 8.10 8.10 491 days to 179 days8.25 8.25 8.25 8.25 8.25 8.25 56 months to < 9 months9.10 9.10 9.10 9.10 9.10 9.10 69 months to < 1 year9.10 9.10 9.10 9.10 9.10 9.10 71 year to 443 days9.10 9.10 9.10 9.10 9.10 9.10 8444 days9.409.409.409.409.409.409445 days to 2 years9.10 9.10 9.10 9.10 9.10 9.10 10Above 2 years to 3 years8.75 8.75 8.75 8.50 8.50 8.50 11Above 3 years to less than 7 years 7 months8.75 8.75 8.75 8.50 8.50 8.50 127 years 7 months9.25 9.259.259.259.259.2513Above 7 years 7 months to 10 years8.75 8.75 8.75 8.50 8.50 8.50# For deposits of Rs.1.00 Lac and above.^For deposits of above Rs.10.00 Crore, depositors are requested to contact their respective branches for obtaining necessary permission from Head Office.

$Depositors are requested to note that deposits of above Rs.10.00 Crore will be accepted by branches subject to administrative clearance from Head Office

* For Deposits of above Rs.10.00 Crore, branches should obtain permission from General Manager, Corporate Planning Department, Head Office before accepting the Deposit.

For Senior Citizens, the rate of interest is 0.50% higher for all maturity periods. Existing / Retired Staff are eligible for additional rate of interest as per rules.FCNR(B) Deposits : Interest Rates w.e.f., October 01, 2013The revised interest rates on FCNR [B] Deposits with effect from October 01, 2013 are as under :Currency1 Year & above but less than 2 Years2 Years & above but less than 3 Years3 Years & above but less than 4 Years4 Years & above but less than 5 Years5 yearsNewExistingNewExistingNewExistingNewExistingNewExistingUSD2.63[2.67]2.48[2.57]4.77[4.95]5.16[5.38]5.53[5.77]GBP2.87[2.87]2.83[2.84]5.12[5.13]5.44[5.45]5.71[5.73]EUR2.47[2.48]2.57[2.64]4.77[4.87]5.00[5.13]5.24[5.36]CAD3.49[3.37]3.47[3.56]5.73[5.83]6.01[6.11]6.24[6.34]AUD4.52[4.51]4.79[4.76]7.08[7.07]7.39[7.39]7.61[7.63]JPY2.41[2.41]2.26[2.27]4.29[4.31]4.34[4.36]4.41[4.45]CHF2.24[2.24]2.19[2.23]4.33[4.39]4.52[4.60]4.73[4.82]DKK2.66[2.67]2.82[2.89]5.04[5.11]5.30[5.41]5.54[5.67]

Andhra Bank Fixed Deposit Rates 2018

NZD4.92[4.93]5.45[5.45]7.87[7.86]8.15[8.15]8.37[8.39]SEK3.33[3.40]3.56[3.69]Andhra bank domestic fixed deposit rates5.82[5.97]6.11[6.21]6.23[6.40][Figures in brackets denote previous month interest rates]

The above interest rates on FCNR (B) Deposits are applicable only to the fresh and renewed deposits from October 01, 2013.

NRE ACCOUNTS With effect from 16.09.2013Rates of interest on NRE term deposits have been revised with effect from 16.09.2013 With this revision, the interest rates offered on NRE term deposits for different maturity periods are as underPeriodFixedRate of Interest (%) p.a.Less than Rs.1 CroreRs.1 Crore to Rs.10 Crore1year to 2 Years9.009.00Above2 Years – up to 3 years9.159.15Above 3 Years – up to 5 years8.50

Andhra Bank Fixed Deposit Interest Rates

8.50Above 5 Years- up to 10 years8.508.50The revised interest rates are applicable to all fresh deposits and renewals of the existing deposits with effect from 16.09.2013

Fixed Deposit Rates In Usa

*For Deposits of above Rs. 10.00 Crore branches should obtain permission from General Manager, Corporate Planning Department, Head Office before accepting the Deposit.

Fixed Deposit Rates In India