Andhra Bank Interest Rates on FD, Jan 2017

Fixed Deposit Interest Rate of Andhra Bank

Last Updated 16th Jan 2017
Tenure General Rates Senior Citizen Rates
7 days to 14 days 4.00% 4.50%
15 days to 45 days 4.50% 5.00%
46 days to 90 days 5.00% 5.50%
91 days to 179 days 6.00% 6.50%
6 months to 8 months 29 days 6.25% 6.75%
9 months to 364 days 6.25% 6.75%
1 year to 2 years 7.00% 7.50%
2 years 1 day to 3 years 6.50% 7.00%
3 years 1 day to 5 years 6.50% 7.00%
5 years 1 day to 10 years 6.50% 7.00%
Read Latest News on Andhra Bank Here
  • Andhra Bank offers FD interest rates upto 7.00% per annum.
  • Interest on deposits with Andhra Bank is typically compounded quarterly.
  • Andhra Bank accepts deposits starting at Rs. 0 for various tenures.
  • For senior citizens (age more than 60 years), Andhra Bank offers higher interest rate over and above rates mentioned below.
Calculate Andhra Bank
FD Maturity Amount

Andhra Bank Fixed Deposit – Premature Withdrawl

  • You may break you FD and withdraw your money subject to minimum moratorium requirements.
  • However, in case of premature withdrawal, Andhra Bank .

Loan against Andhra Bank FD

  • Andhra Bank offers loan upto 0% against its own deposit. Note that you cannot obtain a loan against FD from another bank.
  • Applicable rate of interest on loan against FD is typically 0.5% to 2% over the fixed deposit rate.

Andhra Bank Interest Rates in your city. How and where to apply?

  • Keep your KYC documents - PAN card, address proof and photo ready.
  • In case you already hold an account with Andhra Bank, you don’t need to submit KYC documents again.
  • To know more or apply, contact any of the branches of Andhra Bank in your city - Find Andhra Bank Branches here

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About Andhra Bank

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News - Jan 2017
02nd Aug 16 Andhra Bank opens 24x7 facility
Andhra Bank plans to provide 24x7 banking facility in all its branches in phases. After the opening of Navshakti branch at its main branch, people do not have to wait in long queues to transact at fixed business hours as in conventional branches. Navshakti branches are a boon to customers as they can transact easily even at night after their regular office hours. In the next 2 to 3 months, bank is planning to open six more such branches in the zone.
15th Jul 16 Andhra Bank reduces MCLR by 0.05 percent
Andhra Bank will reduce its Marginal Cost Lending Rate (MCLR) by 0.05 percent or 5 basis points across maturities. This will reduce its one-year MCLR to 9.55 percent, from the current rate of 9.60 percent . Overnight MCLR will be reduced to 9.3 percent , while 6 month MCLR will be lowered to 9.4 percent. The new MCLR will be effective from July 15, 2016.
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