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    Allahabad Bank Fixed Deposit Interest Rates
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    4% - 6.5% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6.5% - 6.55% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.6% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.28% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Allahabad Bank Fixed Deposit Interest Rates is Rated as "Pretty good" by 4 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    Allahabad Bank Fixed Deposit Interest Rates

    Allahabad bank was founded in 1865 in Allahabad. It is a nationalised bank and has its headquarters in Kolkata, India. The Allahabad Bank offers various financial services of which one is a Fixed Deposit account. A Fixed Deposit account can be opened at any of the branches of the bank. Allahabad Bank offers attractive interest rates on Fixed Deposits.  

    The revised Interest rates per annum for Regular & Senior Citizens with effect from 27 February 2018 are as follows: 

    Tenure Regular FD rate (p.a.) Senior Citizen FD rate (p.a.)
    7 days – 29 days 4.00% 4.00%
    30 days – 45 days 4.50% 4.50%
    46 days – 60 days 5.50% 5.50%
    61 days – 179 days 6.00% 6.00%
    180 days – 269 days 6.25% 6.25%
    270 days - <1 year 6.50% 6.50%
    1 years - <2 years 6.60% 6.60%
    3 years - 10 years 6.50% 6.50%

    *The interest rates mentioned above are only for deposits less than Rs. 1 crore.

    Allahabad Bank short-term Fixed Deposits rates

    Minimum and Maximum Allahabad bank fd interest rates 2018 for Regular and Senior Citizen
    Allahabad Bank FD Rates
    • The short-term Fixed Deposit account offered by Allahabad Bank can be availed ranging from 7 days to a year.
    • If the account holder decides to fund his or her money in the Allahabad Bank Fixed Deposit account for a period of 270 days to less than a year, the interest rate earned on the deposit is 6.50%, which is the highest for a short-term fixed deposit account.
    • For a short term Fixed Deposit account, as the period of the term increases, the rate of return on the deposit also increases.
    • The short-term Fixed Deposit account is suitable for people who want a high return on their deposited funds in a short amount of time.  
    • For a term period ranging from 7 days to 29 days, the rate of interest is 4.00%. It is 4.50% for a period of 30 days to 45 days and 5.50% for a term period of 45 days to 60 days.
    • The return on the amount deposited in the bank for a term period of 91 days to 179 days is 6.00%.

    Allahabad Bank medium-term Fixed Deposit rates  

    • The term period for which you can open a medium-term Fixed Deposit account is 1 to 5 years.
    • The interest rate offered by Allahabad Bank for a period of more than a year to less than 2 years is 6.60%.
    • The interest rate on the deposited funds decreases down to 6.50% for a term period of more than 2 years and less than 3 years for both the regular and senior citizens.
    • The rate of return offered by Allahabad Bank on a term period of 3 to 5 years is 6.50%.

    Allahabad Bank long-term Fixed Deposit rates  

    • The term period for which you can open a long-term Fixed Deposit account should be at least more than 5 years.
    • The maximum term period for which you can deposit money in a Allahabad Bank fixed deposit account is 10 years after which you have to renew the account.
    • The interest rate offered by Allahabad bank for a long-term Fixed Deposit account is 6.50% which is the same for any term period falling in that category.

    Allahabad Bank Fixed Deposit Reviews

    • Allahabad Bank Fixed Deposit
      "Good Returns"
      0.5 2.0/5 "Expected more"
      I had this Fixed Deposit with Allahabad Bank quite a while ago. The expected return was supposed to be pretty good. But I didn't complete maturity period as I needed the money to get myself a Land in my place. I was allowed to take the money before maturity period, but some amount was charges as a penalty and the rest amount was given to me.
      Was this review helpful? 3
      , pune
      Reviewed on Nov 28, 2017
    • Allahabad Bank Fixed Deposit
      "Beneficial"
      0.5 4.0/5 "Great!"
      I opted for a fixed deposit in Allahabad bank as I have a savings account with them. The services was good and the customer support was really good. The total tenure I applied for the fixed deposit is for 400 days where they offer a interest rate of 9.56%. They have informed that the interest amount is Rs.11000 for Rs.100000.
      Was this review helpful? 32
      , chennai
      Reviewed on Dec 10, 2014
    • Allahabad Bank Fixed Deposit
      "Met expectation"
      0.5 4.0/5 "Great!"
      I am maintaining a fixed deposit with Allahabad bank more than 10 yeas. It is not a routine banks like other private banks however I am dealing with this bank only for the fixed deposit. They were ready to offer me a home loan when I was looking for it however I didn't avail the loan from them because the amount was quite less.
      Was this review helpful? 10
      , lucknow
      Reviewed on Aug 18, 2014
    • Allahabad Bank Fixed Deposit
      "Interest Rates on FD is good"
      0.5 4.0/5 "Great!"
      I use Allahabad Bank for Fixed Deposits. I had taken a loan from Allahabad Bank for my higher education 12 years back and I was impressed with their service levels. I have been banking with Allahabad Bank for almost 15+ years, they are my first bankers. I recommend Allahabad bank if you want only traditional banking services like Savings account and FDs or loans.
      Was this review helpful? 9
      , bangalore
      Reviewed on Aug 08, 2014
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