Abhyudaya bank is a leading co-operative bank in India. Its establishment took place in 1965. It brings forth a wide range of financial solutions like loans, deposits etc. to its customers. It features the fixed deposit scheme under the name "Fixed Deposit Receipt". Get to know about best fixed deposit rates of this bank at loanbaba.
Abhyudaya Co-operative Bank features the short term fixed deposit which lies in between one week to six months. The annual FD interest rates for the deposits which lie in between one week to three months are 6% whereas for the deposit which lies in between 91 days to 6 months is 6.75%.
The Bank offers a rate of 7% per annum for the medium term Fixed deposits ranging between 181 days and 15 months whereas it offers a rate of 7.25% per annum for the long term deposit ranging in between above 15 months and 36 months and a rate of 7% per annum for the long term deposit ranging in between 36 and 120 months.
The rates offered to senior citizens by the bank are higher than prescribed rates for others. The interest rate of 6% per annum is offered for the short term fixed deposits ranging in between 1 week and 3 months, and Abhyudaya Bank Fixed Deposit Interest Rates of 7% p.a. is for the short term fixed deposits ranging in between 91 days and 6 months.
An interest rate of 7.25% per annum is offered on the medium term fixed deposits. The rate of 7.50% per annum is offered on fixed deposits for long term ranging in between above 15 and 36 months whereas an interest rate of 7.25% per annum is offered on long term deposit ranging in between above 36 and 120 months.