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Abhyudaya Co-operative Bank

Fixed Deposit Rates

You are requested to reconfirm the rates from the respective banks before making any financial commitments.

a) For domestic deposits - Less than Rs. 15 lakh (last revised on Mar 01, 2013)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days and above to 90 days Less than Rs. 15 lakh

6.50

6.50

Calculate
91 days and above upto 180 days Less than Rs. 15 lakh

8.00

8.50

Calculate
181 days and above upto 18 months Less than Rs. 15 lakh

9.50

10.00

Calculate
Above 18 months upto 36 months Less than Rs. 15 lakh

9.75

10.25

Calculate
Above 36 months upto 60 months Less than Rs. 15 lakh

9.25

9.50

Calculate
Above 60 months upto 120 months Less than Rs. 15 lakh

8.50

8.75

Calculate

b) For domestic deposits - Rs. 1 cr and above (last revised on Mar 01, 2013)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days and above to 90 days Rs. 1 cr and above

6.60

N.A

Calculate
91 days and above upto 180 days Rs. 1 cr and above

8.10

N.A

Calculate
181 days and above upto 18 months Rs. 1 cr and above

9.60

N.A

Calculate
Above 18 months upto 36 months Rs. 1 cr and above

9.85

N.A

Calculate
Above 36 months upto 60 months Rs. 1 cr and above

9.35

N.A

Calculate
Above 60 months upto 120 months Rs. 1 cr and above

8.60

N.A

Calculate

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
Abhyudaya Tax Savings Scheme - 5 Years Less than Rs. 15 lakh

9.75

9.75

Calculate

Tax Implications:

  • The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
  • Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000

a) For NRO Fixed Deposit - Less than Rs. 15 lakh (last revised on Mar 01, 2013)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days and above to 90 days Less than Rs. 15 lakh 6.50 Calculate
91 days and above upto 180 days Less than Rs. 15 lakh 8.00 Calculate
181 days and above upto 18 months Less than Rs. 15 lakh 9.50 Calculate
Above 18 months upto 36 months Less than Rs. 15 lakh 9.75 Calculate
Above 36 months upto 60 months Less than Rs. 15 lakh 9.25 Calculate
Above 60 months upto 120 months Less than Rs. 15 lakh 8.50 Calculate

b) For NRO Fixed Deposit - Rs. 1 cr and above (last revised on Mar 01, 2013)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days and above to 90 days Rs. 1 cr and above 6.60 Calculate
91 days and above upto 180 days Rs. 1 cr and above 8.10 Calculate
181 days and above upto 18 months Rs. 1 cr and above 9.60 Calculate
Above 18 months upto 36 months Rs. 1 cr and above 9.85 Calculate
Above 36 months upto 60 months Rs. 1 cr and above 9.35 Calculate
Above 60 months upto 120 months Rs. 1 cr and above 8.60 Calculate

a) For NRE Fixed Deposit - Less than Rs. 1 cr (last revised on Mar 01, 2013)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
12 months and above upto 18 months Less than Rs. 1 cr 9.50 Calculate
Above 18 months upto 36 months Less than Rs. 1 cr 9.75 Calculate
Above 36 months upto 60 months Less than Rs. 1 cr 9.25 Calculate
Above 60 months upto 120 months Less than Rs. 1 cr 8.50 Calculate