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    Andhra Bank Fixed Deposit Rates

     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    4% - 7.35% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6.5% - 6.85% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.19% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.5% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know

    Andhra Bank Fixed Deposit Rates is Rated as "Great!" by 19 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    Andhra Bank FD(Fixed Deposit) Interest Rates

    Andhra Bank is a public-sector bank providing retail investment solutions through its fixed deposit schemes which feature competitive interest rates for varying tenors.

    FD rates are prone to change depending on a banks liquidity needs and changes in general market conditions. It can be hard to track such changes over a period of time and ascertain their effect on returns, especially in the case of multiple holdings.

    The above table captures all changes made by Andhra Bank to interest rates on its fixed deposits. Maturities reflected are calculated based on the latest rates thereby enabling real-time comparison of all schemes.

    The updated list of Andhra BANK FD Rates, for Regular and Senior Citizen, is listed below:

    Tenure Regular FD Rates Senior Citizen FD Rates
    7 days to 14 days # 4 4.5
    15 days to 45 days 4.5 5
    46 days to 90 days 5 5.5
    91 days to 179 days 6 6.5
    6 months to < 9 months 6.25 6.75
    9 months to < 1 year 6.25 6.75
    1 year to 2 years 6.85 7.35
    Above 2 years to 3 years 6.5 7
    Above 3 years to 5 years 6.5 7
    Above 5 years to 10 years 6.5 7
    Minimum and Maximum Andhra bank fd interest rates 2017 for Regular and Senior Citizen
    Andhra Bank FD Rates

    Andhra Bank Short-Term FD Rates

    The shortest-term holding is 30 days for which returns are pegged at 6.5%. For holdings between 60 and 90 days, it is enhanced by 0.25% to 6.75% and further enhanced by 1.05% for 91 days to 179 days holding to 7.8%. The best rate is on a 6 months to less than 1 year scheme at 8%.

    Andhra Bank Medium and Long-Term FD Rates

    Schemes with tenors from 1 to 3 years offer the highest interest rates at 8.5%. This is reduced by 0.25% to 8.75% on above 3 years to 10 years.

    Andhra Bank Senior Citizen FD Rates

    Senior citizens are given 0.5% extra on existing interest rates across all the schemes putting returns in the range of 7% to 9%.

    Rates on Andhra Banks fixed deposits are highest on short to medium-term holdings vis-a-vis its peers making them attractive investment products for those looking to earn high returns while maintaining liquidity.

    Rates indicated above are on an annual basis, compounded quarterly.

    News About Andhra Bank Fixed Deposit Rates

    • Andhra Bank Fixed Deposit Rates

      In the last quarter of 2015, the Reserve Bank of India introduced changes in the repo rates, thereby reducing base rates of banks and other financial institutions in the country. Andhra Bank has also revised its interest rates on term deposits with effect from April 12, 2016. The changed rates offered on domestic term deposits below Rs 1 crore are applicable for various tenures.

      Deposits having maturity period of 7 to 14 days and 15 to 45 days offer 5% per annum and 6% per annum respectively. An interest rate of 6.50% per annum is offered on deposit with term 46 to 90 days. Tenures of deposits ranging from 91 days to 179 days get a nominal increase of 0.25% and thus offer an interest rate of 6.75% per annum. Fixed deposits with terms 6 months to less than 9 months and above 5 years to 10 years offer 7.25% per annum rate. The highest interest rate of 7.50% per annum can be availed on tenures 9 months to less than 1 year; 1 year to 2 years; above 2 years to 3 years; and above 3 years to 5 years.

      26th April 2016

    • Fixed Deposit Rates of Andhra Bank

      A popular public sector bank, Andhra Bank offers fixed deposits, as a part of its retail investment solution, with competitive rates of interest. Post the repo rate cuts announced by the Reserve Bank of India (RBI) and liquidity needs, Andhra Bank has revised interest rates for its term deposits.

      The interest rate on domestic term deposits have undergone revision. For deposits less than Rs 1 crore and Rs 1 crore to Rs 10 crore with 400 days term period, 7.75% per annum interest is charged. Deposits above Rs 10 crore to Rs 50 crore and Rs 50 crore up to Rs 100 crore for a tenure of 400 days have interest rates of 7.80% and 7.90% per annum. Term deposits above Rs 100 crore with 400 days tenure are computed with 7.75% per annum. These new rates have come into effect from February 29, 2016.

      4th April 2016

    • Andhra Bank Fixed Deposit Rates

      As per the directive released by the Reserve Bank of India, Andhra Bank has revised its interest rates for the domestic term deposits. The revised rates have come into effect from February 29, 2016.

      For domestic term deposits with tenures 7 to 14 days and 15 to 45 days, the rates of interest are 6.25%. An interest rate of 6.75% is applicable to term deposits of tenure 46 days to 90 days. For durations 91 to 179 days, 6 months to less than 9 months, and 9 months to less than 1 year the revised rates are 7%, 7.50%, and 7.75% respectively. The rate of interest for the domestic fixed deposit with a tenure of 400 days has also undergone revision. The current rate offered is 7.90%.

      9th March 2016

    • Rate Changes for Fixed Deposits at Andhra Bank

      The nationalised Andhra Bank has lopped off a few fractional figures from its interest rates both on deposits as well as loans following the directive of the Reserve Bank of India post the repo rate reduction. While loans have become more lucrative and savings accounts have stayed more or less consistent on the interest rates scenario, fixed deposits have faced consecutive cuts throughout the last quarter. The rates offered on fixed deposits from Andhra Bank are now the mediocre level compared with most operational banks.

      As of November 2015, the lowest interest rate available in fixed deposits with Andhra Bank is 6.5% per annum. This interest rate is applicable for deposit tenures of 7 days to 14 days and 15 days to 45 days. From 46 days to 90 days, deposits can enjoy a nominal increase of 0.25% through an interest rate of 6.75% per annum. Deposits that are made for periods longer than 91 days to less than a year have 2 interest rates of 7.8% and 8% per annum. The highest rate of interest is 8.5% per annum offered on tenures of 1 year to 3 years. Deposits for tenures more than 3 years have an interest rate of 8.25% per annum.

      4th November, 2015

    • Andhra Bank issue new interest rates for FCNR deposits

      Andhra Bank has issue new interest rates for its FCNR deposits. The rates have all been hiked as compared to the older ones. For USD currency, deposits between 1 to 2 years were pegged at 1.51 % per annum which has now been increased to 1.59% per annum. Similarly, 2 to 3 years have gone up from 1.90% to 1.97% per annum and those between 3 to 4 years are now charged at 3.31% per annum. USD deposits for 5 years will fetch a rate of 3.77% per annum.

      For FCNR deposits in Euro, deposits for 2 to 3 years have a reduced rate as compared to the previous 1.12%. The current rate is 1.10% per annum. ER deposits for 5 years also have witnessed a decrease in rate of interest from 2.52% to 2.42% per annum.

      Australian dollar deposits too have experienced a lower rate of interest as compared to that offered previously. Now deposits between 1 to 2 years are pegged at 3.08% per annum as compared to 3.13 earlier. Deposits with a tenure between 3 to 4 years will now receive interest of 4.20% as compared to previous 4.35% per annum.

      20th August 2015

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  • Andhra Bank Fixed Deposit Reviews

    • andhra Bank Fixed Deposit
      "Good one"
      0.5 4.0/5 "Great!"
      Good, I can view all the accounts in one page that is why I had chosen this ANDHRA Bank FD. I have online access too. I can view and change the mat instructions online. I change the principle amount too. I do get a the certificate of interest from them proactively on a yearly basis
      Was this review helpful? 3
      , kurnool
      Reviewed on Apr 20, 2017
    • andhra Bank Fixed Deposit
      "Good"
      0.5 5.0/5 "Blown Away!"
      I am having fixed deposit account with the Andhra bank and I have opened it there because its easy to access. Rate of interest is around 9.5% and the customer service is good with them. I can withdraw the amount with them at any time without any charges but interest will less depends up on the number of days. Customer service is good with the Andhra bank.
      Was this review helpful? 5
      , madurai
      Reviewed on Mar 18, 2017
    • andhra Bank Fixed Deposit
      "RECURRING DEPOSIT"
      0.5 5.0/5 "Blown Away!"
      I am customer of Andhra bank and I opened RD in july 2015 due on june 2016. but the system debited my account even after due date.I inquired manager he told me politely that as it is RD Plus the system accepted extra credit. POLAIAH . K .HYDERABAD
      Was this review helpful? 8
      , hyderabad
      Reviewed on Jul 05, 2016
    • andhra Bank Fixed Deposit
      "Average"
      0.5 4.0/5 "Great!"
      Andhra bank is offering 7.75% -8% interest rate for the fixed deposit with the minimum lock in period of five years. The minimum amount to start the plan is nearly Rs.5000. There is no activation charged. We can avail the plan by visiting the bank directly.
      Was this review helpful? 4
      , mumbai
      Reviewed on May 02, 2016
    • andhra Bank Fixed Deposit
      "Very high rate for FD..."
      0.5 4.0/5 "Great!"
      Really the rate of interest is very high. No other banks will provide this kind of rate for the fixed deposit. In the year of 2007 the rate was 9 to 9.25%. Even now the Andhra bank is providing the same rate. Compounding rate it is and they give it once in a year.
      Was this review helpful? 20
      , hyderabad
      Reviewed on Jan 21, 2016
    • andhra Bank Fixed Deposit
      "Fine.."
      0.5 3.5/5 "Pretty good"
      Interest rate offered by them was similar. My fixed account is with Andhar bank. Good thing is, there is no lock in period and no restrictions also. They allow us to withdrawal. I had find one difficulties while closing this account on pre matured level. So, on that I did not get proper guidance from them.
      Was this review helpful? 5
      , hyderabad
      Reviewed on Dec 09, 2015
    • andhra Bank Fixed Deposit
      "Very good"
      0.5 5.0/5 "Blown Away!"
      Andhra Bank is offering 8% of interest rate for the fixed despot plan. The minimum lock in period 6 months which i have also preferred for the same. No extra charges for any activation. We can do the process through online in which after the maturity period will get the amount directly to the account My opinion is that they should give more interest rate for the FD plan.
      Was this review helpful? 9
      , vijayawada
      Reviewed on Oct 03, 2015
    • andhra Bank Fixed Deposit
      "Average"
      0.5 4.0/5 "Great!"
      Andhra bank is offering Fixed deposit with the interest rate of 8-9% with the minimum lock in period of 6 months.No activation charge . Interest will be reduce in case we break the plan before the maturity period. To liquid the cash we have to visit the bank . They have to improve the customer support.
      Was this review helpful? 6
      , ghaziabad
      Reviewed on Sep 19, 2015
    • andhra Bank Fixed Deposit
      "Andhra Bank Fixed Deposit "
      0.5 4.5/5 "Excellent!"
      I am a customer of he Bank since 1970. Bank's service either Private Sector or Public Sector is excellent through out all the branches. When ever I visit branch, am received very well by staff whether known to me or not. A good Bank with a good track record. Am share holder of the Bank also. I
      Was this review helpful? 9
      , hyderabad
      Reviewed on Sep 16, 2015
    • andhra Bank Fixed Deposit
      "Good"
      0.5 4.0/5 "Great!"
      I was holding a Andra Bank FD. Customer service offered by them was good. Interest rate offered by them was good. This FD was taken through my friend and he is a Manager there. I would say Rate of interest offered by them was not that good as it was 9% at that point of time where as other Banks were offering 9.25% . I am holding this FD for
      Was this review helpful? 13
      , hyderabad
      Reviewed on Jun 04, 2015
    • andhra Bank Fixed Deposit
      "FD Andhra Bank"
      0.5 4.0/5 "Great!"
      This is a government undertaking . It provides online FD. The interest will be credited at the end of the month to account if its monthly basis . We cant close FD online . Interest is not maximum comparatively . 8.5% per year currently.Nomination availble .
      Was this review helpful? 14
      , hyderabad
      Reviewed on Apr 02, 2015
    • andhra Bank Fixed Deposit
      "Good"
      0.5 5.0/5 "Blown Away!"
      I did chose Andhra bank for fixed deposit as the branch is nearby to my Wife office. Interest rate is around 6-9%which is half yearly compounding. Response is pretty much faster and the bank people are entirely helpful.
      Was this review helpful? 19
      , new delhi
      Reviewed on Jan 07, 2015
    • andhra Bank Fixed Deposit
      "Satisfactory"
      0.5 2.0/5 "Expected more"
      The fixed deposit which I have with Andhra bank is quite satisfactory. The tenure of the deposit is for around 4 years. I would say that the customer support is not so good. As I went to the bank directly to avail it the services were ok. I opted it from Andhra bank as it is in my native. They informed that there will be preclosure charges will be levied if the deposit is withdrawn before the tenure. The interest they provide is around 9% approximately which is beneficial.
      Was this review helpful? 8
      , chennai
      Reviewed on Dec 15, 2014
    • andhra Bank Fixed Deposit
      "Good"
      0.5 3.0/5 "Satisfactory"
      Fixed deposit services with Andhra bank is not much good. Its a nationalized bank, the response is quite delayed as I have to visit the branch for each and every queries. The on line facilities are quite hectic and it needs to more user friendly. Rate of interest is lesser than other banks.
      Was this review helpful? 8
      , chennai
      Reviewed on Dec 12, 2014
    • andhra Bank Fixed Deposit
      "Average bank"
      0.5 2.0/5 "Expected more"
      This Andra Bank FD account is fairly a new account, and It was my family members who initiated me to open this account. This account is opened on my daughterâ??s name . The total tenure of this loan is 10 years and I am very much happy with the interest rate as well. I am sure that I will get good returns out of this account.
      Was this review helpful? 12
      , hyderabad
      Reviewed on Nov 29, 2014
    • andhra Bank Fixed Deposit
      "Good service"
      0.5 3.0/5 "Satisfactory"
      I am not using this fixed deposit account very long time from andhra bank . Service was quite good. Quite equal compared with other nationalized banks. Almost all the banks providing the same service. It would be nice if they improve their services like other banks
      Was this review helpful? 11
      , bangalore
      Reviewed on Oct 14, 2014
    • andhra Bank Fixed Deposit
      "Great"
      0.5 4.0/5 "Great!"
      From my initial start of education, I started my Banking relationship with Andhra bank which is the first bank, that's why I opted for fixed deposit. Rate of interest is quite nominal and visit the branch for depositing the money. There could be more improvisation in terms of communication, response.
      Was this review helpful? 9
      , hyderabad
      Reviewed on Oct 08, 2014
    • andhra Bank Fixed Deposit
      "OVERALL GOOD CHOICE"
      0.5 3.5/5 "Pretty good"
      I have a fixed deposit of Andhra bank. They have good customer service specially in Hyderabad. The customer request is processed promptly and the after maturity process is also smooth. The rate of interest is good too. I went for this bank as it was located near to my residence in Hyderabad, and I still continue with the account after I have shifted from the place due the good services.
      Was this review helpful? 10
      , hyderabad
      Reviewed on Aug 05, 2014
    • andhra Bank Fixed Deposit
      "Good service"
      0.5 4.0/5 "Great!"
      I can say Andhra bank service was good but however the customer service was needs more improvement for providing correct information.. My on-line banking seems very slow at sometimes... However, I can accept the fact that the service was not that level compared to other banks since it is was vintage.. Needs more improvement... Overall good service ..
      Was this review helpful? 14
      , hyderabad
      Reviewed on Jun 05, 2014
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