What is the highest Andhra Pradesh Grameena Vikas Bank FD rate for senior citizens?

The highest Andhra Pradesh Grameena Vikas Bank Senior Citizen FD rate is 7.50% p.a. on deposit for the tenure of 1 to 2 Years.

Is Andhra Pradesh Grameena Vikas Bank FD Safe for Senior Citizens?

Andhra Pradesh Grameena Vikas Bank fixed deposits are safe as deposits up to ₹5 lakh per depositor per bank are covered under DICGC insurance.

Can senior citizens get a monthly income from a Andhra Pradesh Grameena Vikas Bank FD?

Yes, Andhra Pradesh Grameena Vikas Bank offers non-cumulative fixed deposits where interest can be paid monthly, quarterly, half-yearly, or annually.

What is the minimum amount required to open a Andhra Pradesh Grameena Vikas Bank Senior Citizen FD?

The minimum amount required to open a Andhra Pradesh Grameena Vikas Bank Senior Citizen Fixed Deposit is ₹1,000.

Andhra Pradesh Grameena Vikas Bank Senior Citizen Fixed Deposit Rates

Name: Andhra Pradesh Grameena Vikas Bank Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.8 (10098 reviews)

Andhra Pradesh Grameena Vikas Bank offers attractive FD rates for senior citizens ranging from 4.00% to 7.50% p.a. across tenures of 7 days to 10 years. Continue reading for the latest Andhra Pradesh Grameena Vikas Bank Senior Citizen FD rates.

Andhra Pradesh Grameena Vikas Bank Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.50%
FD Tenure Range	7 days to 10 Years
Minimum FD Amount	Rs. 1000/-
Premature Withdrawal Facility	Available
Loan Against FD	Up to 90% of the fixed deposit amount.

Andhra Pradesh Grameena Vikas Bank Senior Citizen FD Rates

The table below provides a detailed breakdown of Andhra Pradesh Grameena Vikas Bank Senior Citizen FD rates across different tenure options.

Tenure	Senior Citizen FD Rates (per annum)
7 days to 45 days	4.00%
46 days to 90 days	5.65%
91 days to 179 days	6.25%
180 days to 364 days	6.90%
1 year to less than 2 years	7.50%
2 years and above	7.15%

Use the Andhra Pradesh Grameena Vikas Bank FD Calculator below to estimate the maturity amount and interest earned on your Andhra Pradesh Grameena Vikas Bank fixed deposit based on your investment amount, tenure, and applicable FD rate.\

Andhra Pradesh Grameena Vikas Bank Senior Citizen FD Rates (Above ₹3 Crore)

Andhra Pradesh Grameen Vikas Bank offers a separate set of FD interest rates for senior citizens looking to invest more than ₹3 crore, depending on the tenure. Here is a quick breakdown of senior citizen FD rates above 3 crore-

Tenure	Senior Citizen FD Rates (per annum)
7 days to 45 days	3.90%
46 days to 90 days	5.40%
91 days to 179 days	6.05%
180 days to 364 days	6.65%
1 year to less than 2 years	7.35%
2 years and above	6.90%
AKSHAYA Term Deposit Scheme(AKTDR) – (Non- Callable)	7.50%

Andhra Pradesh Grameena Vikas Bank Super Senior Citizen FD Rates

Andhra Pradesh Grameena Vikas Bank offers an additional interest rate to super senior citizens, typically individuals aged 80 years and above. Here is a breakdown of Andhra Pradesh Grameen Bank super senior citizen fixed deposit rates:

Tenure	Super Senior Citizen FD Rates (Below 3 crore)	Super Senior Citizen FD Rates (Above 3 crore)
7 days to 45 days	4.25%	4.15%
46 days to 90 days	5.90%	5.65%
91 days to 179 days	6.50%	6.30%
180 days to 364 days	7.15%	6.90%
1 year to less than 2 years	7.75%	7.60%
2 years and above	7.40%	7.15%
AKSHAYA Term Deposit Scheme(AKTDR) – (Non- Callable)	-	7.75%

Compare Andhra Pradesh Grameena Vikas Bank Senior Citizen FD Interest Rates with Other Banks

Several banks currently offer higher interest rates than Andhra Pradesh Grameena Vikas Bank for specific tenures. The table below compares Andhra Pradesh Grameena Vikas Bank senior citizen Fixed Deposit rates with other banks' FD rates.

Bank	Highest Rate
Andhra Pradesh Grameena Vikas Bank	7.50% (1 to 2 Year)
Shivalik Small Finance Bank	8.50% (23 to 27 Months)
Suryoday Small Finance Bank	8.25% (30 Months)
Utkarsh Small Finance Bank	8.25% (666 Days)
Jana Small Finance Bank	8.00% (2 to 3 Years)
Mahindra Finance	7.80% (48 to 60 Months)
Yes Bank	7.75% 18 < 24 months and 36 to < 60 months)
Indusind Bank	7.75% (2 to 3 Years)
Slice Small Finance Bank	7.75% (18 Months 1 day to 18 Months 2 day
DCB Bank	8.00% (24-25, 34-35 and 60-61 Months)
Bajaj Finance	7.75% (31 to 60 Months)
RBL Bank	7.70% (18 to 36 months)
Sundaram Finance	7.50% (24 to 60 Months)
Bank of India	7.60% (3 years)
Capital Small Finance Bank	7.60% (12 Months)
Kotak Mahindra Bank	7.30% (2 to 3 Years)
Canara Bank	7.10% (555 Days)
ICICI Bank	7.10% (3 to 5 Years)
SBI	7.05% (5 to 10 Years)
HDFC Bank	7.00% (3 to 4 Years)
Bank of Baroda	7.25% (555 Days)

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