Steps to Apply for Abhyudaya Bank Fixed Deposit
You can apply for an Abhyudaya Bank Fixed Deposit by visiting your nearest branch with a filled application form and your KYC documents, since online applications aren't currently available. The bank pays tenure-based interest, with senior citizens earning a preferential rate.
- The applicant should have a savings account with the bank.
- An online bank account.
- A mobile bank account.
Steps to Apply for Abhyudaya Bank FD
- Step 1: You will have to visit the nearest Abhyudaya Bank branch to open an Abhyudaya Bank FD account.
- Step 2: Duly fill the application form and submit it along with the required documents.
- Step 3: The bank will verify the documents and the application form submitted by you and if all the details provided are correct, you will be able to open an FD account in your name successfully.
Abhyudaya Bank FD Calculator
Particulars | Details |
Deposit Amount: | Rs.1 lakh |
Rate of Interest: | 6.15% p.a. |
Tenure: | 1 year |
Maturity Amount: | Rs.1,06,326 |
Total Interest Earned: | Rs.6,326 |
You can visit the Bankbazaar website and avail the FD calculator facility. If you invest Rs.1 lakh for a period of 1 year then the maturity amount you will earn is Rs.1,06,326 and the interest earned will be Rs.6,326. The interest is compounded on a monthly basis.
Note: The interest rates are effective from 25 August 2025.
- Abhyudaya Bank offers Fixed Deposits across tenures ranging from 7 days to 10 years, so you can choose a period that matches your savings goal.
- Interest earned on your Abhyudaya Bank Fixed Deposit is subject to tax deducted at source (TDS) as per applicable income tax rules.
- If you close an auto-renewed Abhyudaya Bank Fixed Deposit within 7 days of renewal, no interest is paid for the renewed term; closing it after 7 days attracts a 1% penalty on the applicable rate.
Documents required to Apply for Abhyudaya Bank FD
Identity Proof:
- Passport
- PAN card
- Voter ID card
- Driving Licence
- Government ID card
- Photo ration card
- Senior citizen ID card
Address Proof for Abhyudaya Co-operative Bank Fixed Deposit:
- Passport
- Telephone bill
- Electricity bill
- Bank Statement with Cheque
- Certificate/ ID card issued by Post office
Note:
- * Mandatory to provide Permanent address and telephone number.
- * Any other Identity proof or Address proof document can be submitted, subject to the Bank's satisfaction.
Summary
Opening an Abhyudaya Bank Fixed Deposit is a simple, branch-based process open to existing savings account holders, requiring standard identity and address proof. The FD earns tenure-based interest, with senior citizens receiving a preferential rate and depositors able to borrow against their FD instead of breaking it early. Visit your nearest Abhyudaya Bank branch with your documents to open an FD and start earning secure, fixed returns on your savings.
Apply for Other Banks FD
- Apply for SBI FD
- Apply for HDFC FD
- Apply for Axis Bank FD
- Apply for Post Office FD
- Apply for Canara Bank FD
- Apply for IDBI Bank FD
- Apply for Bank of India FD
- Apply for Bank of Maharashtra FD
- Apply for Union Bank FD
- Apply for Indian Bank FD
- Apply for Central Bank of India FD
- Apply for IOB FD
- Apply for IndusInd Bank FD
- Apply for Standard Chartered Bank FD
- Apply for Yes Bank FD
- Apply for Kotak Bank FD
- Apply for PNB FD
- Apply for RBL Bank FD
- Apply for HSBC Bank FD
- Apply for Bank of Baroda FD
- Apply for KVB FD
- Apply for Federal Bank FD
FAQs on Apply for Abhyudaya Bank Fixed Deposit
1.What is an Abhyudaya Bank Fixed Deposit?
An Abhyudaya Bank Fixed Deposit is a savings instrument offered by Abhyudaya Co-operative Bank that lets you invest a lump sum for a fixed tenure at a fixed interest rate. It suits account holders who want predictable, secure returns on their savings.
2.How do I apply for an Abhyudaya Bank Fixed Deposit?
You can apply for an Abhyudaya Bank Fixed Deposit by visiting your nearest branch, filling in the application form and submitting it along with the required documents. The bank verifies your details before opening the FD account in your name.
3.Who is eligible to open an Abhyudaya Bank Fixed Deposit?
To open an Abhyudaya Bank Fixed Deposit, you need an existing savings account with the bank, which can be a regular, online or mobile banking account.
4.What documents do I need to apply for an Abhyudaya Bank Fixed Deposit?
You need a valid identity proof, such as a passport, PAN card or driving licence, along with an address proof, such as a passport, utility bill or bank statement, to apply for an Abhyudaya Bank Fixed Deposit. Your permanent address and telephone number are mandatory on the application form.
5.What tenure options are available for an Abhyudaya Bank Fixed Deposit?
An Abhyudaya Bank Fixed Deposit can be opened for tenures ranging from a few days up to several years, so you can pick a period that matches your savings goal. The exact tenure brackets and applicable rates are listed in the bank's current FD rate table.
6.Does Abhyudaya Bank offer a higher interest rate for senior citizens on Fixed Deposits?
Yes, Abhyudaya Bank pays a preferential interest rate to senior citizens on its Fixed Deposits, over and above the rate offered to the general public. The exact senior citizen rate for each tenure is listed in the bank's FD rate table.
7.Can I get a loan against my Abhyudaya Bank Fixed Deposit?
Yes, Abhyudaya Bank lets you avail a loan against your Fixed Deposit, using it as collateral instead of breaking the deposit early. The loan amount is a percentage of your deposit value, as decided by the bank.
8.How is interest paid on an Abhyudaya Bank Fixed Deposit?
Interest on an Abhyudaya Bank Fixed Deposit is paid either in cash or credited directly to your linked bank account, depending on your chosen payout option. This is decided at the time of opening the FD.
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