Abhyudaya Bank was deliberated with Scheduled Bank Status by Reserve Bank of India in September 1988. An aggregate number of 1,94,000 ATM arrange which have admittance by clients everywhere throughout the India. The Abhyudaya Banks, RELAX 24 ATM's are interconnected which are situated in Mumbai, Navi Mumbai, Pune, Aurangabad, Nagpur, Nashik, Nanded, Kankavli,Udupi, Ahmadabad

The Abhyudaya Co-agent bank constrained offers a scope of fixed deposit schemes to people who wish to gain a higher rate of profit for their investment funds.

Fixed Deposit Receipt

A plan with the accompanying advantages:

It can be picked with a base commitment of Rs.500 as it were

Enthusiasm on the store is paid at the season of development alongside the primary sum

A declaration of store is issued the loss of which would include issue or a copy testament.

Qualification Criteria – The accompanying can choose this plan of store:

A person on a solitary premise or at least two people on a joint premise

Any co-agent society, affiliation, organization or enlisted trust

A parent for the benefit of the minor youngster.

Maturity Period
Deposit Amount
Interest Rate (% p.a.)
General
Senior Citizen

7 days and above to 90 days
Less than Rs. 1 cr
6
6

91 days and above upto 180 days
Less than Rs. 1 cr
6.75
7

181 days and above upto 15 months
Less than Rs. 1 cr
7
7.25

Above 15 months upto 36 months
Less than Rs. 1 cr
7.25
7.5

Above 36 months upto 120 months
Less than Rs. 1 cr
7
7.25

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)
Maturity Period
Deposit Amount
Interest Rate (% P.A.)
General
Senior Citizen

Abhyudaya Tax Savings Scheme - 5 Years
Less than Rs. 15 lakh
7.00
7.25