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  • Fixed Deposit BYTES FROM OUR KITCHEN

    How to Apply for an Allahabad Bank Fixed Deposit

    Allahabad Bank was founded in 1865 and has been serving customers with high quality financial products and services since then. One can open or apply for an Allahabad Bank FD online by following a few simple steps. An Allahabad Bank FD can also be opened through other channels such as mobile banking or by directly visiting the nearest bank branch.

    Allahabad Bank provides industry rates on all FDs and comes with a wide range of payout options. Loans can be availed on all FDs. Some of the deposit options include Flexi-Fix Deposit, Mahila Sanchay Account, Monthly Plus, Current Plus Deposit Scheme, Tax Saver Term Deposit Scheme, etc.

    Stepwise Process To Apply for an Allahabad Bank Fixed Deposit Online

    Step 1: Visit the Allahabad Bank website and log in to the internet banking portal by providing username and password

    Step 2: Go to the term deposit option and select the type of FD

    Step 3: Fill in all relevant details

    Step 4: Verify details and click ‘Confirm’

    Step 5: A confirmation message will be displayed on screen upon successful booking of FD

    Stepwise Process to Apply For an Allahabad Bank Fixed Deposit Offline

    Step 1: Visit an Allahabad Bank branch

    Step 2: Make an enquiry with the bank officer for opening an FD

    Step 3: Fill out the application form. Take help from the banking officer in case of any doubts

    Step 4: Furnish all documents

    Step 5: Deposit the funds

    Step 6: Collect the FD receipt

    Eligibility

    • An FD can be opened in individual respect
    • More than one individual can open an FD account jointly with another account holder
    • All minors are eligible to open FD accounts provided it is opened jointly with another adult

    Documents Required for Allahabad Bank Fixed Deposit

    Identity proof:

    • Passport
    • Aadhaar card
    • PAN card
    • Voter ID card
    • Driving licence
    • Government ID card
    • Photo ration card
    • Senior citizen ID card

    Address proof:

    • Passport
    • Telephone bill
    • Electricity bill
    • Bank Statement with Cheque
    • Certificate/ ID card issued by Post office

    FAQs

    1. Is it possible for all customers to open FDs online?

      All Allahabad Bank customers with an active internet banking username and password can open an FD online.

    2. How can a new or prospective customer open an FD? What if he/she is does not have an internet banking account?

      New or prospective customers have to approach the bank for an internet banking username and password. Internet banking services will only be provided to customers once they apply for an FD.

    3. Can an FD account be closed online?

      Yes. Premature withdrawals can also be made online. The money will be credited to the customer's savings account.

    4. Is it possible to transfer funds online into the FD account from a savings account?

      Yes.

    5. List out the mandatory documents customers have to furnish for opening an FD?

      PAN, mobile number, and Aadhaar card details are a must and without these, in place, an FD cannot be opened. However, if the customer is already an account holder with the bank, there is no need to provide documentation as the bank already has all details.

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    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? 5
      , 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? 11
      , 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? 10
      , bangalore
      Reviewed on Aug 08, 2014
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