2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
26th February 2016, 08:05 AM
Super Moderator
 
Join Date: Apr 2013
Re: Andhra Bank interest rates on fixed deposits

As you have asked about the Andhra Bank interest rates on fixed deposits, I am giving you information about it

Rates of Interest on Domestic Term Deposits have been revised with effect from 07.11.2015.

With this revision, the interest rates offered on domestic term deposits for various periods are as under

Maturity Period Rates of interest (%) per annum (Amount Less than Rs.1.00 crore)

7 days to 14 days 6.00

15 days to 45 days 6.00

46 days to 90 days 6.50

91 days to 179 days 6.75

6 months to < 9 months 7.00

9 months to < 1 year 7.25

1 year to 2 years 7.75

Above 2 years to 3 years 7.75

Above 3 years to 10 years 7.75


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