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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
    7.39% - 7.95% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.39% - 7.95% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Andhra Bank Fixed Deposit Rates is Rated as "Great!" by 21 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    Andhra Bank Fixed Deposit Rates

    Andhra Bank (AB) was established as early as 1923 by renowned freedom fighter Dr.Bhogaraju Sitaramayya. The bank provides a number of financial products including Fixed Deposits (FDs). Andhra Bank has a long list of deposits and customers can choose from the diverse range of options. The interest rates on all types of FDs offered are competitive and pay a good rate of return. Apart from this, Andhra Bank time deposits come with a number of benefits such as loan/overdraft facility, premature withdrawal facility, liquidity, etc.

    Given below is the revised list of Andhra Bank fixed deposit interest rates as updated on March 1, 2018:

    Tenure Regular Interest Rate (per annum) Senior Citizen Interest Rate (per annum)
    7 days to 14 days 4.00% 4.50%
    15 days to 45 days 4.50% 5.00%
    46 days to 90 days 5.25% 5.75%
    91 days to 179 days 6.00% 6.50%
    6 months to less than a year 6.25% 6.75%
    1 year to 2 years 6.50% 7.00%
    More than 2 years to 10 years 6.25% 6.75%

    *The interest rates given above are for all deposits that are less than Rs.1 crore.

    Key points to note:

    • All senior citizens will get an additional interest rate of 0.50% p.a.
    • Customers can choose from a wide range of interest payout options
    • All interest payments will be made on a discounted basis if paid monthly
    • Interest payments are also made on a quarterly basis
    Highest interest Rate NRI FDs AB Tax saver FDs
    6.50% p.a. & 7.00% for senior citizens Available at attractive rates Available at 6.25% & 6.75% for senior citizens p.a.

    Andhra Bank fixed deposit interest rates

    Minimum and Maximum Andhra bank fd interest rates 2018 for Regular and Senior Citizen
    Andhra Bank FD Rates

    The interest rates paid on Andhra Bank FDs are very competitive and investors can gain at the rate of up to 6.50% p.a., while senior citizens can get up to 7.00% p.a. Customers can go for either short, medium or long-term deposits at their convenience.

    Andhra Bank short-term fixed deposit interest rates

    • A short-term deposit is a good choice if you have a lump sum in your hand and want to park it and earn interest for a brief period.
    • The tenure range that is available in this slab is 7 days to less than 1 year.
    • The interest rate paid on Andhra Bank fixed deposits range from 4.00% p.a. to 6.25% p.a.
    • The highest rate of interest is paid on deposits that are held from 6 months to less than 1 year, which is 6.25% p.a.
    • For 91 days to 179 days, the bank deposit rate is 6.00% p.a. and for 15 days to 45 days the rate of interest paid is 4.50% p.a.

    Andhra Bank medium-term fixed deposit interest rates

    • All Andhra Bank medium-term FDs come with a tenure range of 1 year to 3 years.
    • The interest rate paid in this slab ranges from 6.25% p.a. to 6.50% p.a.
    • The most highest paying tenure range is from 1 year to 2 years, for which the rate of interest is 6.50% p.a.
    • In Andhra Bank, the highest rate is paid on deposits in this slab when compared to both short and long-term deposits.
    • The best deposit rate offered by AB is 6.50% p.a. for a tenure that is anywhere from 1 year to 2 years.
    • The rates drop, for a tenure that is above 2 years to 3 years, to 6.25% p.a.

    Andhra Bank long-term fixed deposit interest rate

    • The interest rate for deposits held from more than 3 years to 10 years is 6.25% p.a.
    • The rate of interest remains the same across all tenures for all long-term deposits.
    • For those who want to invest in a tax saver scheme, the lock in period will be 5 years and deductions can be claimed for an investment amount of Rs.1.5 lakh.
    • Long-term deposits are ideal for those who do not mind putting their money away for an extended period of time.

    Andhra Bank senior citizen interest rate

    • The highest rate of interest offered to senior citizens is 7.00% p.a. for a tenure of 1 year to 2 years.
    • Those who are 60 years and above are eligible to avail the benefit of higher interest rate upon furnishing relevant investment proof.
    • Those who invest in this type of FD scheme can choose from short, medium and long-term deposit options
    • The interest rate paid for a time frame that ranges from above 3 years to 10 years is 6.75% p.a.

    Know more about Andhra Bank FDs

    Apply for Andhra Bank FDs online

    Apply for an AB fixed deposit is an easy process and can be done in a paperless manner through online banking. Those who are existing customers have the privilege to open a time deposit account in a matter of seconds.

    NRO and NRE term deposits 

    The bank also provides a number options for Non-Resident Indians (NRIs) in the form of NRO and NRE fixed deposits. These offer NRIs a good way to park their foreign earnings, while also earning a certain fixed rate of interest on the same.

    Andhra Bank Fixed Deposit Reviews

    • andhra Bank Fixed Deposit
      "Good"
      0.5 4.0/5 "Great!"
      From the Andhra bank, I am holding the fixed deposit account from the last three years of time. I would like to say that the response could be get improvised, also there are no worries on it. Its the typical government bank.
      Was this review helpful? 1
      , gurgaon
      Reviewed on Nov 14, 2017
    • andhra Bank Fixed Deposit
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      I hold a Fixed deposit account with Andhra Bank and the banking process is really nice. The bank is very supportive and very beneficial too. I get a good rate of interest on this account and there are no charges related to this account. Overall no issues.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 13, 2017
    • 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
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