Allahabad bank FD Rates
Key Benefits of Fixed Deposits in Allahabad Bank
- Interest on deposits with Allahabad Bank is compounded annually.
- Allahabad Bank accepts deposits starting at Rs.1000 for various tenures.
- For senior citizens Allahabad Bank offers higher interest rate over and above rates mentioned above
- Allahabad Bank Fixed Deposit.
- Premature Withdrawal-You may break you FD and withdraw your money subject to minimum stipulated requirements.
- Allahabad Bank offers loan against its own deposit.
- Applicable rate of interest on loan against FD is typically 0.5% to 2% over the fixed deposit rate.
- You can claim Tax exemption in Allahabad bank by submitting 15G/15H.
- Recurring Deposit Rates are same as FD Rates in Allahabad Bank
- In Allahabad Bank you can take quarterly or monthly payouts from your Fixed Deposits.
- Open a Fixed Deposit Account easily through a number of channels like Internet Banking or simply by visiting you nearest Allahabad Bank branch.
|Best Interest Rate for 6 Months < 1 Year||6.50%|
|Best Interest Rate for 1 Year < 2 Years||6.65%|
|Best Interest Rate for 2 Years < 3 Years||6.50%|
|Best Interest Rate for 3 Years < 4 Years||6.50%|
|Best Interest Rate for 4 Years < 5 Years||6.50%|
|Best Interest Rate for 5 Years and Above||6.50%|
Digital products or Apps by Allahabad Bank
Allahabad Bank offers ‘’mPay’’ solution the next generation mobile banking service with an aim to be the Bank in the customers pocket with a whole new and exciting range of services and features. Besides the application, SMS Banking and USSD channels are supported.
* User friendly interface with touch screen UI support
* Balance Inquiry (With combined Available Balance)
* Mini Statement (Last 7 transactions with available balance)
* Intrabank Funds Transfer (Mobile to Mobile, Mobile to Account)
* Offline Service Requests
Allbank Online Selfie Account is a handy app by Allahabad Bank that allows its anyone to open Savings Bank Accounts in real-time. This app takes 4-5 minutes to just get basic details from non-Allahabad Bank customers and provides them with instant Savings Bank Account Number.