Andhra Bank is one of the five government banks in the country, which are currently offering the highest rates of interest on fixed deposits. Therefore, the bank is today enticing more and more investors for term deposits.
For senior citizens, an additional 0.5% would be given for an amount up to 1 crore only. Staff and ex-staff rates are applicable as per rules. The revised rates mentioned below for amount below and above 1 crore are effective from 2 March 2018.
Andhra Bank Fixed/Term Deposit Interest Rates (March 2019):
| Time Period | Interest Rate For Amount Below 2 Crore (% p.a.) |
Interest RateFor Amount Above 2-10 Crore (% p.a.) |
| 7 Days to 14 Days | 4.00% | 4.00% |
| 15 Days to 30 Days | 5.25% | 4.00% |
| 31 Days to 45 Days | 5.25% | 4.00% |
| 46 Days to 60 Days | 6.00% | 6.26% |
| 61 Days to 90 Days | 6.26% | 6.26% |
| 91 Days to 180 Days | 6.26% | 6.26% |
| 181 Days to 270 Days | 6.26% | 6.26% |
| 271 Days to 1 Year | 6.60% | 6.26% |
| 1 Year | 6.80% | 6.90% |
| 1 Year to 2 Years | 6.80% | 6.90% |
| 2 Years to 3 Years | 6.75% | 6.25% |
| 3 Years to 5 Years | 6.75% | 6.25% |
| 5 Years to 10 Years | 6.50% | 6.25% |
| Above 10 Years | 6.50% | 6.25% |
NRE Fixed Deposit Interest Rates (March 2019):
| Period | Interest Rates below 1 crore (% p.a.) | Interest Rates above 1 Crore (% p.a.) |
|---|---|---|
| 1 Year to 2 Years | 6.80% | 6.90% |
| Above 2 Years – up to 5 years | 6.75% | 6.25% |
| Above 5 Years- up to 10 Years | 6.50% | 6.25% |
Andhra Bank Fixed deposit interest Calculator
Calculate FD maturity value now
Updated: 8 March 2019
Important Notes:
- You have to take permission from the general manager to deposit amount above 10 cr.
- Senior Citizen and Staff Rate of interests are not applicable to NRE/NRO Deposits.
Source: http://www.andhrabank.in/english/InterestRate.aspx
View Comments (14)
how much amount maintain minimum balance to FD account
I would like to fixed deposit RS 20,000,000 on monthly basis, I just want to know how much money I will get monthly
Thanks
Hi sir I want deposits 5 lacks ,I want get monthly interest ,how much I'll get monthly pls tell me sir
Give latest highest fd rates of public sector n nationalized banks.
Sir please check out https://www.bankindia.org/fixed-deposit
i can make FD for 35 lakhs and keep it for 2 years . But i need monthly interest . Please advice how much i can get monthly.
I am senior citizen please inform me the fd interest for 400000 on monthly basis for one year
I want to invest 2500000 & i am senior citizen how much i get monthly with deduction of tds i will submit 15h form.
Sir
I would like to fixed deposit RS 20,000,000 on monthly basis, I just want to know how much money I will get monthly
Thanks
I want to deposit 30,00000/- on monthly interest basis I would like to know, is it possible at single account.
i ant fix an amount of 800000 for 46 days. Please inform all benefits.