Allahabad Bank FD Interest Rates 2021

Allahabad Bank  is one of the main government sector banks in India. After merger of Indian  Bank it has been able to show it presence everywhere in India. Allahabad offers  Term Deposit to its customers with different rates. Allahabad Bank FD Interest  Rates 2021   starts from 4.95 % per annum to maximum 6.25 % per annum . You can also book your fixed deposit online. You need to have internet banking facility for FD booking.

Allahabad Bank FD Rates 2021

Allahabad Bank Deposit Rates  Domestic/ NRO/NRE (Below 2 Crore)

Period Interest Rate Below 2 Crore Per Annum Interest Rate Below 2 Crore Per Annum (Senior Citizens)
7 – 14 days 4.95% 5.45 %
15 – 29 days 4.95% 5.45 %
30 – 45 days 5.20% 5.70 %
46 – 60 days 5.45% 5.95 %
61 – 90 days 5.95% 6.45 %
91 – 179 days 6.20% 6.70 %
180 – 269 days 6.25% 6.75 %
270 days to less than 1 year 6.25% 6.75 %
1 year to less than 2 years 6.45% 6.95 %
2 years to less than 3 years 6.35% 6.85 %
3 years to less than 5 years 6.25% 6.75 %
5 years to 10 years 6.25% 6.75 %

Allahabad Bank Deposit Rates  Domestic/ NRO/NRE   (2 Crore and above)

Period Rs 2.00 Crore to
less than Rs 5.00 Crore
Rs 5.00 Crore to
less than Rs 10.00 Crore
Rs 10.00 Crore to
less than Rs 50.00 Crore
Rs 50.00 Crore and above
7 – 14 days 4.90% 4.90% 4.90% 4.55 %
15 – 29 days 4.90% 4.90% 4.90% 4.90%
30 – 45 days 5.15 % 5.15 % 5.15 % 5.15 %
46 – 60 days 5.15 % 5.15 % 5.15 % 5.15 %
61 – 91 days 5.15 % 5.15 % 5.15 % 5.15 %
92 – 120 days 5.15 % 5.15 % 5.15 % 5.15 %
121- 179 days 5.15 % 5.15 % 5.15 % 5.15 %
180 days to 269 Days 5.15 % 5.15 % 5.15 % 5.15 %
270 days to less than 1 year 5.15 % 5.15 % 5.15 % 5.15 %
1 year 5.15 % 5.15 % 5.15 % 5.15 %
More than 1 year to less than 2 years 5.15 % 4.75 % 4.75 % 4.75 %
2 years to less than 3 years 5.15 % 4.75 % 4.75 % 4.75 %
3 years to less than 5 years 5.15 % 4.75 % 4.75 % 4.75 %
5 years and up to 10 years 5.15 % 4.75 % 4.75 % 4.75 %
155 days 6.25 %
333 days 6.50 %

Allahabad Bank Senior Citizen Scheme 2021

Allahabad Bank FD Interest Rate for Senior Citizens 

Allahabad FD Rates  for Senior Citizens  gives 0.5% extra on Fixed Deposit. This facility is given on FD booked for below 2 crore.

Allahabad Fixed Deposit Features 

1  Bank is offering fixed deposit from 7 days to 10 Years.

Allahabad Bank FD Interest Rates 2021  start from minimum 4.95 % per annum  and maximum 6.25 % per annum.

3  Senior citizen will get 0.5 % extra on fixed deposit.

4  Depositor can also  avail nomination facility in fixed deposit.

5  Allahabad Bank  also gives auto renewal option in fixed deposit.

6   Pre mature closure or partial withdrawal facility is also available .

7  Allahabad Bank FD premature withdrawal penalty is 1%.This means if you committed to keep the FD for two years, but had to withdraw it after 1 Year, then bank will impose a penalty. Even, partial withdrawals attract penalty. This will be 1% of the applicable interest rate.

8  TDS is deducted when interest payable or reinvested on Fixed Deposit per customer across all Allahabad branches, exceeds Rs.40,000/- (Rs. 50,000/- for senior citizens) in a financial year.

You can also read about Axis Bank FD Interest Rates , HDFC Bank FD Interest  Rates

hdfc bank fd interest rates

Allahabad Bank NRE FD Rates 2021

Allahabad  Bank NRI Interest rates are available for Non Resident Indian or citizen of Indian origin . NRE fd is booked for minimum 1 year. No interest is paid if the NRE Deposit is withdrawn before 1 year.

There is no penalty on pre mature closure of NRE Fixed Deposit.

Partial or pre mature withdrawal and sweep- in facility is not allowed fd booked for 5 Crore and above.

Allahabad Bank Tax Saver FD 2021

Allahabad Bank offers  Tax Saver FD for resident individuals and HUF.

Minimum amount is INR 100 and in multiples of INR 100 and Maximum amount is Rs. 1.5 Lakh in a financial Year.

Allahabad Bank Tax Saving fd is book for  5 year (lock in)

This FD can be booked with Monthly or quarterly payout.

In case of joint holder deposit account, tax benefit is given to first holder  of the account under 80C.

Allahabad Bank FD Rates Today

We have given latest FD information above about Allahabad Fixed Deposit Interest Rate. To know the latest Allahabad BANK FD Interest Rate You can also visit the bank website.

Allahabad Bank FD Rate Calculator 2021

You can calculate deposit rates in Allahabd Bank FD Calculator 2021   . This will help you to decide the amount and tenure for your Allahabad bank FD.

Allahabad Bank Saving Account Interest Rate 2021

Allahabad  Bank gives 3.50 % interest per annum  on saving account deposit.

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