• Fixed Deposit
  • Andhra Pradesh Grameena Vikas Bank
  • Andhra Pradesh Grameena Vikas Bank Fixed Deposit
Andhra Pradesh Grameena Vikas Bank Fixed Deposit

Andhra Pradesh Grameena Vikas Bank Fixed Deposit

GraminNA 
Shield CheckDICGC

7%

Interest for 3 years

Andhra Pradesh Grameena Vikas Bank FD Interest Rates 2024

TenureNormal Citizen FD RateSenior Citizen FD Rate
7 days - 1 month 30 days3.5%3.5%
2 months - 5 months 26 days4.75%4.75%
5 months 27 days - 11 months 30 days6.05%6.05%
1 year - 1 year 11 months 30 days7.5%8%
2 years - 2 years 11 months 30 days7.05%7.55%
3 years - 4 years 11 months 30 days7%7.5%
5 years - 9 years 11 months 29 days6.75%7.25%

Note: All interest rates shown above are as on 4th Apr 2024

About Andhra Pradesh Grameena Vikas Bank FD

Andhra Pradesh Grameena Vikas Bank (APGVB), a Regional Rural Bank (RRB) established in the year 2006 under an act of Parliament by amalgamating Manjeera Grameena Bank(Medak),Sangameshwara Grameena Bank(Mahabubnagar), Kakatiya Grameena Bank(Warangal), Nagarjuna Grameena Bank(Khammam & Nalgonda)and Sri Visakha Grameena Bank (Visakhapatnam,Vizianagaram&Srikakulam) with Head Office at Hanamkonda, Warangal (Urban District) sponsored by State Bank of India is operating in 21 districts of Telangana State and 3 districts of Andhra Pradesh. The Regional Rural Banks were owned by the Central Government, the State Government and the Sponsor Bank (APGVB sponsored by State Bank of India) who held shares in the ratios as follows: Central Government – 50%, State Government – 15% and Sponsor Bank – 35%.

Andhra Pradesh Grameena Vikas Bank FD

3.5% - 7.5%

FD Rate

3.5% - 8%

FD Rate for Seniors

₹ 100

Minimum Deposit

-

Maximum Deposit

-

Lock-in

-

FD Tenure

-

Loan against FD

NA

CRISIL Rating

Andhra Pradesh Grameena Vikas Bank FD Returns Based on Investment Amount

Investment AmountFor 3 years with interest of 7%For 5 years with interest of 7%
₹ 50,000 ₹ 61,646₹ 70,881
₹ 1 lakh ₹ 1,23,293₹ 1,41,763
₹ 2 lakh ₹ 2,46,585₹ 2,83,525
₹ 5 lakh ₹ 6,16,463₹ 7,08,813
₹ 10 lakh ₹ 12,32,926₹ 14,17,625

Compare Andhra Pradesh Grameena Vikas Bank Fixed Deposit Returns with Top Banks

Use FD calculator to change values and compare your returns from top banks.

vs
UCO Bank FD
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Andhra Pradesh Grameena Vikas Bank FD
Andhra Pradesh Grameena Vikas Bank FD
Maturity Amount 1,07,763 1,06,485
Total Investment Amount₹ 1,00,000₹ 1,00,000
Total Interest Gained7,763 6,485

Compare Andhra Pradesh Grameena Vikas Bank Fixed Deposit Rates with Top Banks

Bank NameFD Interest Rates
UCO Bank FD
6.3% - 6.8%
Suryoday Small Finance Bank FD
8.6% - 9.1%
Indian Bank FD
6.25% - 6.75%
Chaitanya Godavari Grameena Bank FD
7.25% - 7.75%
Sundaram Finance FD
7.75% - 8.25%
IDFC First Bank FD
7.25% - 7.75%
Utkal Grameen Bank FD
6.5% - 7%
South Indian Bank FD
6.7% - 7.2%
CSB Bank FD
5.8% - 6.3%
Karnataka Bank FD
6.5% - 6.9%

Calculate Andhra Pradesh Grameena Vikas Bank FD Returns

1,00,000

Total Investment

7,763

Wealth Gained

1,07,763

Maturity Amount

Explore Debt Funds, instead!

The flexible & tax efficient alternative to FDs.

Frequently Asked Questions

What is the highest Andhra Pradesh Grameena Vikas Bank FD rate today?

The highest Andhra Pradesh Grameena Vikas Bank FD rates for general citizens is 7.5% p.a. and 8% p.a. for senior citizens.

What is the highest interest rate on Andhra Pradesh Grameena Vikas Bank 1 year FD scheme?

The highest interest rate on Andhra Pradesh Grameena Vikas Bank 1 year FD scheme is 7.5% p.a.

What is Andhra Pradesh Grameena Vikas Bank FD scheme interest rate for 5 years?

7% p.a is the interest rate for 5 years on Andhra Pradesh Grameena Vikas Bank FD scheme.

How many years FD will double in Andhra Pradesh Grameena Vikas Bank?

To know in how many years Andhra Pradesh Grameena Vikas Bank Bank FD will double, we can follow the 72 rule. We have to divide 72 by the interest rate, and the result will be the number of years Andhra Pradesh Grameena Vikas Bank Bank FD will double. The current highest Andhra Pradesh Grameena Vikas Bank FD interest rate is 7.5% so investors will double the investment in 9.60 years. Similarly, senior citizen depositors will double their FD investment in 9.00 years, where the highest FD rate for senior citizens is 8%.

What is Andhra Pradesh Grameena Vikas Bank FD minimum deposit amount?

The minimum investment in Andhra Pradesh Grameena Vikas Bank FD is INR 100. However, there is no limit on the maximum amount of investment in Andhra Pradesh Grameena Vikas Bank FD.

What is senior citizen fixed deposit interest rates in Andhra Pradesh Grameena Vikas Bank?

The senior citizen fixed deposit interest rates in Andhra Pradesh Grameena Vikas Bank range between 3.5% to 8% p.a. for an available minimum and maximum investment duration.

What are the available FD tenures in Andhra Pradesh Grameena Vikas Bank?

Andhra Pradesh Grameena Vikas Bank FD tenure ranges from 7 days to 9 years 11 months 29 days

What is Andhra Pradesh Grameena Vikas Bank FD ROI for 10 lakh deposit for 1 year?

The interest from the Andhra Pradesh Grameena Vikas Bank FD calculator for 10 lakh deposit for 1 year will be INR 77,633. The maturity value will be INR 10,77,633. You can use Scripbox’s FD Calculator to determine the maturity value of your investment.

How to check the fixed deposit balance in Andhra Pradesh Grameena Vikas Bank?

You can check Andhra Pradesh Grameena Vikas Bank FD balance either online or offline mode. For online mode, log in to the Andhra Pradesh Grameena Vikas Bank internet banking portal. Alternatively, you can visit the nearest Andhra Pradesh Grameena Vikas Bank bank to update your passbook for FD balance enquiry.

How many FDs can be opened in Andhra Pradesh Grameena Vikas Bank?

There is no restriction on the number of FDs you can open with Andhra Pradesh Grameena Vikas Bank.