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Andhra Pradesh Grameena Vikas Bank - Fixed Deposit Interest Rates

Submitted By Nimmy Sunil on 26 February 2023

Fixed Deposit Interest Rates

Highest interest rate offered by the bank is 7.1% per annum for 444 days deposit and extra 0.5% for senior citizens.

S NO Period of Deposit Below 50 lakhs Rs.50 lakhs and above
1 7 to 14days 3.50% p.a. 2.90% p.a.
2 15 to 30days 3.50% p.a. 3.00% p.a.
3 31 to 60days 3.50% p.a. 3.10% p.a.
4 61 to 179days 4.75%p.a. 3.65% p.a.
5 180 to 364days 5.95%p.a. 5.15% p.a.
6 1 year to less than 2 years 6.80%p.a. 5.65% p.a.
7 444 Days 7.10%p.a. 7.10% p.a.
8 666 Days 6.60%p.a. 6.60% p.a.
9 2 years to less than 3 years 6.90%p.a. 5.65% p.a.
10 777 Days 7.50%p.a. 7.50% p.a.
11 999 Days 7.00%p.a. 7.00% p.a.
12 3 years to less than 5 years 6.25%p.a. 5.65% p.a.
13 5 years to less than 10 years 6.25%p.a. 5.65% p.a.
     

Note-

  • For NRE deposits minimum tenure would be 12 months
  • Senior citizens will get 0.50% additional interest on all deposits.
  • For Special Deposit products VIKAS 666 get 7.10% &  VIKAS 999 get 7.50%

Special Deposit Products

 

Product

Rate of Interest

Minimum Deposit Amount

No of Days
VIKAS-444 7.10% ₹50,000/- 444 days
VIKAS-777 7.50% ₹50,000/- 777 days
  • Schemes valid upto 28-02-2023
  • 0.50 % additional rate of interest for Senior Citizens
  • Monthly interest payout facility available

Tags

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