Andhra Bank Savings Account Interest Rate
The Andhra Bank PPF account interest rate is set by GOI and revised quarterly. It depends on market interest rates and overall economic conditions. Individuals can consider including PPF in their portfolio if they want risk-free, tax-exempt returns or want to dilute the overall risk quotient of their investments. Andhra Bank Savings Account: Apply Online for Andhra Bank savings account.Check eligibility, interest rates and know more about the account atPaisabazaar.com. Interest Rates - Deposit Interest Rates - Loans and Advances Interest Rates for NRIs Fees and Services Nomination Facilities Information regarding COVID - 19 Others. Andhra Bank Savings Account Interest Rate The savings accounts offered by Andhra Bank are simple and versatile, and offer a flat 4.00% interest rate that applies across a range of conditions, including accounts that are offered to both resident and non-resident Indians, normal subscribers as well as senior citizens.
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Features:Any Resident Individual - Single Accounts, Two or more individuals in Joint Accounts, Illiterate Persons, Visually Impaired persons, Purdanasheen Ladies, Minors, Associations, Clubs, Societies, etc.
Andhra Bank Savings Account Interest Rate Calculator
Andhra Pragathi Grameena Bank Savings Account Interest Rates
- Minimum balance requirement with or without cheque book facility:
Centres
Without Cheque Book (`)
With Cheque Book (`)
Metro
500
1000
Urban
500
1000
Semi Urban
250
500
Rural
100
250
- Interest is calculated on daily product basis and will be credited on quarterly basis in the months of April, July, October and January every year.
- Rate of interest upto 25Lacs and more than 25 lacs-3%p.a