Allahabad Bank Fixed Deposit Interest Rate is highest at 5.50% and 6.00% for senior citizens and other customers, respectively. The bank Fixed Deposit schemes bring high returns on investment over a fixed tenure. You can avail a loan against the FD and lower minimum deposit limit among other benefits. The FD schemes from Allahabad Bank are the best investment options for those who wish to get a fixed income and a higher return in contrast to savings account. Some of the popular FD schemes by the bank are Flexi Fixed Deposit, Regular Fixed Deposit, etc.
All you need is PAN Card, Aadhaar Card, and 2 recent passport size photographs to open an FD account with Allahabad Bank. In the below given post, we will discuss about features of FD Interest Rate Allahabad Bank,
Below given are features of FD rates from the bank:
The bank offers nomination facility on Fixed Deposit Schemes. Here are the details to it:
You can prematurely close the term deposit. But a lower rate of 1% of deposit is then applicable for deposit amount of less than Rs. 1 crore than the rate decided at the time of opening the FD. The penal interest charged for premature withdrawal differs between deposit schemes, and this may change from time to time.
Below given are the details about best returns on Allahabad Bank Fixed Deposits:
Below given are benefits of Allahabad Bank FD schemes:
You can get finance up to 90% of the FD deposit amount. The bank will only provide loan against Fixed Deposit in its own bank and not that from any other bank. The FD interest rate on loan against FD by Allahabad Bank ranges between 4.05% and 6.5%. Here is an illustration for the Allahabad Bank FD interest rate on loan against FD:
Visit the official website of the bank and login to your net banking account.
Below given is information about Allahabad Bank FD Schemes:
Here are the frequently asked questions about Allahabad Bank FD Rate:
The highest and lowest rate of interest is 6.00% and 3.05%, respectively.
You can deposit as low as Rs. 1,000 in an FD scheme with the bank.
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