Get your FD maturity amount with Allahabad Bank FD Calculator. Know the complete details of Allahabad Bank Fixed Deposit Rates of Interests. Keep reading the page to know the current Allahabad Bank FD rates along with the tenure periods.
Allahabad Bank FD Calculator
The Allahabad Bank FD Online Calculator helps you to calculate the interest you get on your fixed deposit in Allahabad Bank. It provides you the details of the principal amount on maturity after the compound interest made on days, months, quarterly, or half-yearly, and yearly basis. To know how you can earn fixed deposit interest, Allahabad Bank FD Calculator helps you. You can also know the amount you will earn by the end of the tenure you have chosen.
How to Use the Allahabad Bank FD Rates Calculator?
So, the usage of Allahabad Bank FD Interest Rate Calculator with an example is given in the below link. Meanwhile, one should have an Allahabad Bank FD account and the latest FD interest rate of Allahabad Bank with the tenure period. You have already seen the interest rates on FD in Allahabad bank in the above tables. You can also calculate the fd interest rate in Allahabad Bank with the following formulae,
A = P(1+r/n)^{nt}
Allahabad Bank FD Interest Rates Calculator
The updated Allahabad Bank FD rates 2017, for Regular and Senior Citizens are in the following tabular forms.
Allahabad Bank FD Rates 2017
FD Interest Rates in Allahabad Bank | |
Tenure Period | FD Rates for Regular Deposits |
7 Days to 14 Days | 4.50% |
15 Days to 29 Days | 4.50% |
30 Days to 45 Days | 5.00% |
46 Days to 60 Days | 5.50% |
61 Days to 90 Days | 6.00% |
91 Days to 179 Days | 6.25% |
180 Days to 269 Days | 6.50% |
270 Days to less than 1 Year | 6.50% |
Between 1 Year and 2 Years | 7.00% |
2 Years to 3 Years | 6.75% |
3 Years to 5 Years | 6.50% |
Between 5 Years to 10 Years | 6.50% |
Allahabad Bank Interest Rates for Senior Citizens
FD rates of interest in Allahabad Bank | |
Tenure Period | Senior Citizens FD Rates |
7 Days to 14 Days | 4.50% |
15 Days to 29 Days | 4.50% |
30 Days to 45 Days | 5.00% |
46 Days to 60 Days | 5.50% |
61 Days to 90 Days | 6.00% |
91 Days to 179 Days | 6.25% |
180 Days to 269 Days | 6.50% |
270 Days to 1 Year | 6.50% |
1 Year to 2 Years | 7.00% |
2 Years to 3 Years | 6.75% |
3 Years to 5 Years | 6.50% |
5 Years to 10 Years | 6.50% |
Allahabad Bank FD Interest Rates for NRO
Allahabad Bank NRO FD Interest rates | |
Maturity Period | Rate of Interest for less than Rs.1 crore |
7 Days to 14 Days | 4.50% |
15 Days to 29 Days | 4.50% |
30 Days to 45 Days | 5.00% |
46 Days to 60 Days | 5.50% |
61 Days to 90 Days | 6.00% |
91 Days to 179 Days | 6.25% |
180 Days to 269 Days | 6.50% |
270 Days to less than 1 Year | 6.50% |
1 Year to less than 2 Years | 7.00% |
Between 2 Years and less than 3 Years | 6.75% |
Between 3 Years and less than 5 Years | 6.50% |
5 Years and up to 10 Years | 6.50% |
Updated Allahabad Bank NRE FD Interest Rates
NRE Fixed Deposit Interest Rates | |
Tenure Period | FD Rate of Interest |
Between 1 Year and less than 2 Years | 7.00% |
Between 2 Years and less than 3 Years | 6.75% |
Between 3 Years and less than 5 Years | 6.50% |
5 Years and up to 10 Years | 6.50% |
Allahabad Bank Fixed Deposit Overview
Also called as Term Deposit, Fixed Deposit is an investment where you get the interest rate along with your deposit amount. You get the additional amount when your tenure period completes. If you make a premature withdrawal from the FD account, then you may have to pay the penalty.
So, it is better to know exactly what your investment worthy with the help of an FD calculator of that specified bank. However, different banks offer various types of FD interest rates. So, choose the bank with high returns on your deposit. Allahabad Bank is one of those banks offering attractive FD rates. Know how to open a Fixed Deposit account in Allahabad bank and your maturity amount with the Allahabad Bank FD calculator.
Allahabad Bank is one of those banks offering attractive FD rates. If you are looking to save your money and get good returns on your investment, then fixed deposit is the best way to go. So, know how to open a Fixed Deposit account in Allahabad bank and your maturity amount with the Allahabad Bank FD calculator.
Allahabad Bank FD Plans
A government nationalized bank with its headquarters in Kolkata, India is the Allahabad Bank. The bank is the oldest joint stock bank in India. By 24 April 2017, the bank completes its 153 years of establishment. The Allahabad Bank was founded in the year 1865 by a group of Europeans. By March 31st, 2012, the bank had nearly 25,000 branches across India. It ranked 1834 on the list of Forbes Global 2000.
Allahabad Bank offers attractive Fixed deposit rate of interests. To find your fixed deposit maturity amount, use the below Allahabad Bank FD Calculator. You can also find the Allahabad Bank Rate of Interest on Fixed Deposits in the above sections. Make use of the information for calculating the Allahabad Bank fixed deposit interest rate and maturity amount. So, read the above sections of the page to know the Allahabad Bank Interest Rate on FD.
Allahabad Bank Fixed Deposit Schemes
Money withdrawal before five years of deposit has no allowance. On a five-year term deposit, you will get a 6.50% Interest rate. You can transfer your deposit from one branch to the other. But the transfer of money to the other banks is not possible.
Allahabad Bank Short-Term FD Rates
You will get a return of 5.5% on the banks shortest deposit-holding period of 30 days. The tenors of 60 to 90 days, the returns increase to 6.5%. And similarly, the percent increases to 7.25% for tenors of 180 days to 9 months.
Allahabad Medium and Long-Term FD Rates
Interest rates on fixed deposits for one year to less than three years gets a return of 7.75%. For a tenure of 3 to 5 years, it decreases to 25%. The tenor of 5 years gets a return of 7.50%.
Allahabad Bank Senior Citizen FD Rates
Senior Citizens have no special offers on FD rates of interest. They are similar to the general deposits.
How to Apply Allahabad Bank Fixed Deposit Account?
There are 2 methods of opening a new fixed deposit account. The former method is online, and the later is the offline process.
Apply FD Account in Allahabad Bank Online
- To apply FD account online one should download the Allahabad account opening form.
- Print the form and fill it up with your details.
- Submit the form with the minimum deposit.
- Later you can deposit amount whenever you want and use Allahabad Bank FD Calculator to get maturity amount.
To know more details on FD account opening, click the below link.
Allahabad Bank FD Account Opening
Allahabad Bank FD Account Opening – Offline
The offline process includes filling up your details in the account opening form in any of the Allahabad Bank branches. Moreover, you need to carry the KYC documents.
- Photographs of the account holders.
- Address proofs and identity proofs.
The documents that are needed for opening an NRE account are the following.
- A Copy of your passport duly attested.
- Sign across on the photographs of account holders.
- Local and Overseas Address including Contact phone/FAX, e-Mail address, etc.
- Attestation should be done by any of the official authorized by the Indian Embassy or consulate abroad.
After opening an account in the bank, you can invest your money and get good returns on it. However, you can calculate the Allahabad bank FD rate of interest with the above Fd calculator of Allahabad Bank.
Download the Allahabad Bank Account opening form
Features of Fixed Deposit Scheme in Allahabad Bank
- Allahabad Bank offers 7.00% of interest rates on FD per annum.
- The Allahabad Bank deposit rates are compounded quarterly.
- The minimum deposit amount that Allahabad Bank accepts is Rs.1000.
- Breaking off your FD and withdrawal subjects to minimum moratorium requirements.
- You can get typically 0.5% to 2% of the rate of interest on loan against FD rate.