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Allahabad Bank

Fixed Deposit Rates

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

a) For domestic deposits - Above Rs. 5 cr to less than Rs. 50 cr (last revised on Apr 30, 2016)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Above Rs. 5 cr to less than Rs. 50 cr

6.00

N.A

Calculate
15 days to 29 days Above Rs. 5 cr to less than Rs. 50 cr

6.25

N.A

Calculate
30 days to 45 days Above Rs. 5 cr to less than Rs. 50 cr

6.25

N.A

Calculate
46 days to 60 days Above Rs. 5 cr to less than Rs. 50 cr

6.25

N.A

Calculate
61 days to 91 days Above Rs. 5 cr to less than Rs. 50 cr

6.25

N.A

Calculate
92 days to 120 days Above Rs. 5 cr to less than Rs. 50 cr

7.00

N.A

Calculate
91 days to 179 days Above Rs. 5 cr to less than Rs. 50 cr

7.00

N.A

Calculate
180 days to 269 days Above Rs. 5 cr to less than Rs. 50 cr

7.00

N.A

Calculate
270 days to 364 days Above Rs. 5 cr to less than Rs. 50 cr

7.00

N.A

Calculate
1 year Above Rs. 5 cr to less than Rs. 50 cr

7.00

N.A

Calculate
More than 1 year to less than 2 years Above Rs. 5 cr to less than Rs. 50 cr

6.75

N.A

Calculate
2 years to less than 3 years Above Rs. 5 cr to less than Rs. 50 cr

6.75

N.A

Calculate
3 years to less than 5 years Above Rs. 5 cr to less than Rs. 50 cr

6.75

N.A

Calculate
5 years and upto 10 years Above Rs. 5 cr to less than Rs. 50 cr

6.50

N.A

Calculate

b) For domestic deposits - Above Rs. 50 cr to less than Rs. 100 cr (last revised on Apr 30, 2016)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Above Rs. 50 cr to less than Rs. 100 cr

6.00

N.A

Calculate
15 days to 29 days Above Rs. 50 cr to less than Rs. 100 cr

6.25

N.A

Calculate
30 days to 45 days Above Rs. 50 cr to less than Rs. 100 cr

6.25

N.A

Calculate
46 days to 60 days Above Rs. 50 cr to less than Rs. 100 cr

6.25

N.A

Calculate
61 days to 91 days Above Rs. 50 cr to less than Rs. 100 cr

6.25

N.A

Calculate
92 days to 120 days Above Rs. 50 cr to less than Rs. 100 cr

7.00

N.A

Calculate
91 days to 179 days Above Rs. 50 cr to less than Rs. 100 cr

7.00

N.A

Calculate
180 days to 269 days Above Rs. 50 cr to less than Rs. 100 cr

7.00

N.A

Calculate
270 days to 364 days Above Rs. 50 cr to less than Rs. 100 cr

7.00

N.A

Calculate
1 year Above Rs. 50 cr to less than Rs. 100 cr

7.00

N.A

Calculate
More than 1 year to less than 2 years Above Rs. 50 cr to less than Rs. 100 cr

6.75

N.A

Calculate
2 years to less than 3 years Above Rs. 50 cr to less than Rs. 100 cr

6.75

N.A

Calculate
3 years to less than 5 years Above Rs. 50 cr to less than Rs. 100 cr

6.75

N.A

Calculate
5 years and upto 10 years Above Rs. 50 cr to less than Rs. 100 cr

6.50

N.A

Calculate

c) For domestic deposits - Less than Rs. 1 crore (last revised on Apr 30, 2016)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Less than Rs. 1 crore

4.50

5.00

Calculate
15 days to 29 days Less than Rs. 1 crore

4.75

5.25

Calculate
30 days to 45 days Less than Rs. 1 crore

5.25

5.75

Calculate
46 days to 60 days Less than Rs. 1 crore

6.00

6.50

Calculate
61 days to 90 days Less than Rs. 1 crore

6.25

6.75

Calculate
91 days to 179 days Less than Rs. 1 crore

6.50

7.00

Calculate
180 days to 269 days Less than Rs. 1 crore

7.00

7.50

Calculate
270 days to less than 1 year Less than Rs. 1 crore

7.25

7.75

Calculate
1 year to less than 2 years Less than Rs. 1 crore

7.25

7.75

Calculate
2 years to less than 3 years Less than Rs. 1 crore

7.35

7.85

Calculate
3 years to less than 5 years Less than Rs. 1 crore

7.25

7.75

Calculate
5 years and upto 10 years Less than Rs. 1 crore

7.25

7.75

Calculate

d) For domestic deposits - Rs. 1 cr to less than Rs. 5 cr (last revised on Apr 30, 2016)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Rs. 1 cr to less than Rs. 5 cr

6.00

N.A

Calculate
15 days to 29 days Rs. 1 cr to less than Rs. 5 cr

6.25

N.A

Calculate
30 days to 45 days Rs. 1 cr to less than Rs. 5 cr

6.25

N.A

Calculate
46 days to 60 days Rs. 1 cr to less than Rs. 5 cr

6.25

N.A

Calculate
61 days to 91 days Rs. 1 cr to less than Rs. 5 cr

6.25

N.A

Calculate
92 days to 120 days Rs. 1 cr to less than Rs. 5 cr

7.00

N.A

Calculate
91 days to 179 days Rs. 1 cr to less than Rs. 5 cr

7.00

N.A

Calculate
180 days to 269 days Rs. 1 cr to less than Rs. 5 cr

7.00

N.A

Calculate
270 days to 364 days Rs. 1 cr to less than Rs. 5 cr

7.00

N.A

Calculate
1 year Rs. 1 cr to less than Rs. 5 cr

7.00

N.A

Calculate
More than 1 year to less than 2 years Rs. 1 cr to less than Rs. 5 cr

6.75

N.A

Calculate
2 years to less than 3 years Rs. 1 cr to less than Rs. 5 cr

6.75

N.A

Calculate
3 years to less than 5 years Rs. 1 cr to less than Rs. 5 cr

6.75

N.A

Calculate
5 years and upto 10 years Rs. 1 cr to less than Rs. 5 cr

6.50

N.A

Calculate

e) For domestic deposits - Rs. 100 cr and Above (last revised on Apr 30, 2016)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Rs. 100 cr and Above

6.00

N.A

Calculate
15 days to 29 days Rs. 100 cr and Above

6.25

N.A

Calculate
30 days to 45 days Rs. 100 cr and Above

6.25

N.A

Calculate
46 days to 60 days Rs. 100 cr and Above

6.25

N.A

Calculate
61 days to 91 days Rs. 100 cr and Above

6.25

N.A

Calculate
92 days to 120 days Rs. 100 cr and Above

7.00

N.A

Calculate
91 days to 179 days Rs. 100 cr and Above

7.00

N.A

Calculate
180 days to 269 days Rs. 100 cr and Above

7.00

N.A

Calculate
270 days to 364 days Rs. 100 cr and Above

7.00

N.A

Calculate
1 year Rs. 100 cr and Above

7.00

N.A

Calculate
More than 1 year to less than 2 years Rs. 100 cr and Above

6.75

N.A

Calculate
2 years to less than 3 years Rs. 100 cr and Above

6.75

N.A

Calculate
3 years to less than 5 years Rs. 100 cr and Above

6.75

N.A

Calculate
5 years and upto 10 years Rs. 100 cr and Above

6.50

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

 
Tax Benefit Term Deposit Scheme - 5 years Less than Rs. 1 cr

7.25

7.75

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 - Above Rs. 5 cr to less than Rs. 50 cr (last revised on Apr 30, 2016)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Above Rs. 5 cr to less than Rs. 50 cr 6.00 Calculate
15 days to 29 days Above Rs. 5 cr to less than Rs. 50 cr 6.25 Calculate
30 days to 45 days Above Rs. 5 cr to less than Rs. 50 cr 6.25 Calculate
46 days to 60 days Above Rs. 5 cr to less than Rs. 50 cr 6.25 Calculate
61 days to 91 days Above Rs. 5 cr to less than Rs. 50 cr 6.25 Calculate
92 days to 120 days Above Rs. 5 cr to less than Rs. 50 cr 7.00 Calculate
91 days to 179 days Above Rs. 5 cr to less than Rs. 50 cr 7.00 Calculate
180 days to 269 days Above Rs. 5 cr to less than Rs. 50 cr 7.00 Calculate
270 days to 364 days Above Rs. 5 cr to less than Rs. 50 cr 7.00 Calculate
1 year Above Rs. 5 cr to less than Rs. 50 cr 7.00 Calculate
More than 1 year to less than 2 years Above Rs. 5 cr to less than Rs. 50 cr 6.75 Calculate
2 years to less than 3 years Above Rs. 5 cr to less than Rs. 50 cr 6.75 Calculate
3 years to less than 5 years Above Rs. 5 cr to less than Rs. 50 cr 6.75 Calculate
5 years and upto 10 years Above Rs. 5 cr to less than Rs. 50 cr 6.50 Calculate

b) For NRO Fixed Deposit - Above Rs. 50 cr to less than Rs. 100 cr (last revised on Apr 30, 2016)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Above Rs. 50 cr to less than Rs. 100 cr 6.00 Calculate
15 days to 29 days Above Rs. 50 cr to less than Rs. 100 cr 6.25 Calculate
30 days to 45 days Above Rs. 50 cr to less than Rs. 100 cr 6.25 Calculate
46 days to 60 days Above Rs. 50 cr to less than Rs. 100 cr 6.25 Calculate
61 days to 91 days Above Rs. 50 cr to less than Rs. 100 cr 6.25 Calculate
92 days to 120 days Above Rs. 50 cr to less than Rs. 100 cr 7.00 Calculate
91 days to 179 days Above Rs. 50 cr to less than Rs. 100 cr 7.00 Calculate
180 days to 269 days Above Rs. 50 cr to less than Rs. 100 cr 7.00 Calculate
270 days to 364 days Above Rs. 50 cr to less than Rs. 100 cr 7.00 Calculate
1 year Above Rs. 50 cr to less than Rs. 100 cr 7.00 Calculate
More than 1 year to less than 2 years Above Rs. 50 cr to less than Rs. 100 cr 6.75 Calculate
2 years to less than 3 years Above Rs. 50 cr to less than Rs. 100 cr 6.75 Calculate
3 years to less than 5 years Above Rs. 50 cr to less than Rs. 100 cr 6.75 Calculate
5 years and upto 10 years Above Rs. 50 cr to less than Rs. 100 cr 6.50 Calculate

c) For NRO Fixed Deposit - Less than Rs. 1 crore (last revised on Apr 30, 2016)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Less than Rs. 1 crore 4.50 Calculate
15 days to 29 days Less than Rs. 1 crore 4.75 Calculate
30 days to 45 days Less than Rs. 1 crore 5.25 Calculate
46 days to 60 days Less than Rs. 1 crore 6.00 Calculate
61 days to 90 days Less than Rs. 1 crore 6.25 Calculate
91 days to 179 days Less than Rs. 1 crore 6.50 Calculate
180 days to 269 days Less than Rs. 1 crore 7.00 Calculate
270 days to less than 1 year Less than Rs. 1 crore 7.25 Calculate
1 year to less than 2 years Less than Rs. 1 crore 7.25 Calculate
2 years to less than 3 years Less than Rs. 1 crore 7.35 Calculate
3 years to less than 5 years Less than Rs. 1 crore 7.25 Calculate
5 years and upto 10 years Less than Rs. 1 crore 7.25 Calculate

d) For NRO Fixed Deposit - Rs. 1 cr to less than Rs. 5 cr (last revised on Apr 30, 2016)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Rs. 1 cr to less than Rs. 5 cr 6.00 Calculate
15 days to 29 days Rs. 1 cr to less than Rs. 5 cr 6.25 Calculate
30 days to 45 days Rs. 1 cr to less than Rs. 5 cr 6.25 Calculate
46 days to 60 days Rs. 1 cr to less than Rs. 5 cr 6.25 Calculate
61 days to 91 days Rs. 1 cr to less than Rs. 5 cr 6.25 Calculate
92 days to 120 days Rs. 1 cr to less than Rs. 5 cr 7.00 Calculate
91 days to 179 days Rs. 1 cr to less than Rs. 5 cr 7.00 Calculate
180 days to 269 days Rs. 1 cr to less than Rs. 5 cr 7.00 Calculate
270 days to 364 days Rs. 1 cr to less than Rs. 5 cr 7.00 Calculate
1 year Rs. 1 cr to less than Rs. 5 cr 7.00 Calculate
More than 1 year to less than 2 years Rs. 1 cr to less than Rs. 5 cr 6.75 Calculate
2 years to less than 3 years Rs. 1 cr to less than Rs. 5 cr 6.75 Calculate
3 years to less than 5 years Rs. 1 cr to less than Rs. 5 cr 6.75 Calculate
5 years and upto 10 years Rs. 1 cr to less than Rs. 5 cr 6.50 Calculate

e) For NRO Fixed Deposit - Rs. 100 cr and Above (last revised on Apr 30, 2016)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Rs. 100 cr and Above 6.00 Calculate
15 days to 29 days Rs. 100 cr and Above 6.25 Calculate
30 days to 45 days Rs. 100 cr and Above 6.25 Calculate
46 days to 60 days Rs. 100 cr and Above 6.25 Calculate
61 days to 91 days Rs. 100 cr and Above 6.25 Calculate
92 days to 120 days Rs. 100 cr and Above 7.00 Calculate
91 days to 179 days Rs. 100 cr and Above 7.00 Calculate
180 days to 269 days Rs. 100 cr and Above 7.00 Calculate
270 days to 364 days Rs. 100 cr and Above 7.00 Calculate
1 year Rs. 100 cr and Above 7.00 Calculate
More than 1 year to less than 2 years Rs. 100 cr and Above 6.75 Calculate
2 years to less than 3 years Rs. 100 cr and Above 6.75 Calculate
3 years to less than 5 years Rs. 100 cr and Above 6.75 Calculate
5 years and upto 10 years Rs. 100 cr and Above 6.50 Calculate

a) For NRE Fixed Deposit - Less than Rs. 1 cr (last revised on Apr 30, 2016)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 year to less than 2 years Less than Rs. 1 cr 7.25 Calculate
2 years to less than 3 years Less than Rs. 1 cr 7.35 Calculate
3 years to less than 5 years Less than Rs. 1 cr 7.25 Calculate
5 years and upto 10 years Less than Rs. 1 cr 7.25 Calculate
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