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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 - Less than Rs. 1 cr (last revised on Mar 04, 2014)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Less than Rs. 1 cr

5.00

5.50

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

5.50

6.00

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

6.50

7.00

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

7.50

8.00

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

7.50

8.00

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

8.50

9.00

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

8.50

9.00

Calculate
270 days to 364 days Less than Rs. 1 cr

8.50

9.00

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

9.05

9.55

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

9.05

9.55

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

9.05

9.55

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

8.75

9.25

Calculate

b) For domestic deposits - Rs 1 cr and above (last revised on Sep 15, 2014)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Rs 1 cr and above

7.00

N.A

Calculate
15 days to 29 days Rs 1 cr and above

8.00

N.A

Calculate
30 days to 45 days Rs 1 cr and above

8.70

N.A

Calculate
46 days to 60 days Rs 1 cr and above

8.70

N.A

Calculate
61 days to 90 days Rs 1 cr and above

8.70

N.A

Calculate
91 days to 179 days Rs 1 cr and above

8.85

N.A

Calculate
180 days to 269 days Rs 1 cr and above

8.90

N.A

Calculate
270 days to 364 days Rs 1 cr and above

8.90

N.A

Calculate
1 year Rs 1 cr and above

9.05

N.A

Calculate
1 year to less than 2 years Rs 1 cr and above

8.75

N.A

Calculate
2 years to less than 3 years Rs 1 cr and above

8.75

N.A

Calculate
3 years to less than 5 years Rs 1 cr and above

8.75

N.A

Calculate
5 years and upto 10 years Rs 1 cr and above

8.50

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

8.75

9.25

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. 1 cr (last revised on Mar 04, 2014)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Less than Rs. 1 cr 5.00 Calculate
15 days to 29 days Less than Rs. 1 cr 5.50 Calculate
30 days to 45 days Less than Rs. 1 cr 6.50 Calculate
46 days to 60 days Less than Rs. 1 cr 7.50 Calculate
61 days to 90 days Less than Rs. 1 cr 7.50 Calculate
91 days to 179 days Less than Rs. 1 cr 8.50 Calculate
180 days to 269 days Less than Rs. 1 cr 8.50 Calculate
270 days to 364 days Less than Rs. 1 cr 8.50 Calculate
1 year to less than 2 years Less than Rs. 1 cr 9.05 Calculate
2 years to less than 3 years Less than Rs. 1 cr 9.05 Calculate
3 years to less than 5 years Less than Rs. 1 cr 9.05 Calculate
5 years and upto 10 years Less than Rs. 1 cr 8.75 Calculate

b) For NRO Fixed Deposit - Rs 1 cr and above (last revised on Sep 15, 2014)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Rs 1 cr and above 7.00 Calculate
15 days to 29 days Rs 1 cr and above 8.00 Calculate
30 days to 45 days Rs 1 cr and above 8.70 Calculate
46 days to 60 days Rs 1 cr and above 8.70 Calculate
61 days to 90 days Rs 1 cr and above 8.70 Calculate
91 days to 179 days Rs 1 cr and above 8.85 Calculate
180 days to 269 days Rs 1 cr and above 8.90 Calculate
270 days to 364 days Rs 1 cr and above 8.90 Calculate
1 year to less than 2 years Rs 1 cr and above 8.75 Calculate
1 year Rs 1 cr and above 9.05 Calculate
2 years to less than 3 years Rs 1 cr and above 8.75 Calculate
3 years to less than 5 years Rs 1 cr and above 8.75 Calculate
5 years and upto 10 years Rs 1 cr and above 8.50 Calculate

a) For NRE Fixed Deposit - Less than Rs. 1 cr (last revised on Mar 04, 2014)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 year to less than 2 years Less than Rs. 1 cr 9.05 Calculate
2 years to less than 3 years Less than Rs. 1 cr 9.05 Calculate
3 years to less than 5 years Less than Rs. 1 cr 9.05 Calculate
5 years and upto 10 years Less than Rs. 1 cr 8.75 Calculate
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