Allahabad Bank FD Interest Rates

All banks are providing Fixed Deposits to customers and pays approximate 5% to 8% per annum.   They also pay for less number of periods also but the rate is lower for short term deposits.   We have listed latest Allahabad Bank FD Interest Rates below…

Allahabad Bank Fixed Deposit Rates 2022

Allahabad Bank offers fixed deposits with attractive interest rates ranging from 2.90% p.a. to 5.25% p.a. for tenures ranging from 7 days to more than 5 years. Senior citizens are offered 0.50% additional interest rate per annum on deposits of up to Rs.10 crore. Non-Resident Indians can also open a fixed deposit with the bank with competitive interest rates.

Allahabad Bank Short-term Fixed Deposit Rates

  • Maximum rate of interest: 4.40% p.a.
  • Available rates of interest: 2.90% p.a. to 4.40% p.a.
  • Range of maturities: 7 days to 1 year

Allahabad Bank Medium-term FD Interest Rates

  • Highest rate of interest: 5.25% p.a.
  • Range of interest rates: 5.00% p.a. to 5.25% p.a.
  • Range of tenure: 1 year to 5 years

Allahabad Bank Long-term Deposit Rates

  • Highest rate of interest: 5.15% p.a.
  • Tenure period: above 5 years to 10 years

Allahabad Bank FD rates: Below Rs. 2 crore

The interest rates for deposits below Rs.2 crore are as given below:

Tenure Interest Rates (p.a.)
7 – 45 days 2.90%
46 – 90 days 3.25%
91 – 180 days 3.95%
181 days – less than 1 year 4.40%
1 year 5.00%
Above 1 year to less than 3 years 5.10%
3 years to 5 years 5.25%
Above 5 years 5.15%

The revised rates would be effective from 10 November, 2021

Allahabad Bank Bulk Term FD rates: Rs.2 crore to Rs.5 crore

The interest rates for the bulk term deposits are as given below:

Tenure Interest Rates (p.a.)
7 – 45 days 2.90%
46 – 90 days 2.90%
91 – 180 days 2.90%
181 days – less than 1 year 3.25%
1 year 3.55%
Above 1 year to less than 3 years 3.25%
3 years to 5 years 3.25%
Above 5 years 3.25%

The revised rates would be effective from 10 November, 2021

Allahabad Bank Tax Saving FD Rates

The interest rates for the Tax Saving FD are as given below:

Tenure Interest Rates (p.a.)
5 years 5.25%
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