AU Bank Fixed Deposit Interest Rate

Fixed Deposit or FD is a good interest rate investment option. AU Bank offers a Fixed Deposit Account with a high interest rate. Fixed Deposit can open for the duration of a minimum of 7 days and a maximum of ten years. Fixed Deposit gives you a high-interest rate on your deposit amount. The Deposit minimum amount is depending upon the bank.

Benefits of AU Bank Fixed Deposit

  • You get a higher interest rate on your fixed Deposit while comparing with saving accounts.
  • Multiple fixed deposits can open.
  • AU Bank also gives a loan on your fixed Deposit so that, you don’t need to break your Deposit for your need.
  • You can get an Rs.1.5 lakh exemption under Section 80 C of the Income Tax Act, 1961.
  • If you are a senior citizen, then you will get a high-interest rate on your Fixed Deposit account.

Fixed Deposit Eligibility

  • Fixed Deposits can open the name of Individual, Joint, Society, Company, Partnership, etc.
  • The applicant must have a savings account in the bank.
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Income Tax Facts on AU Bank Fixed Deposit Interest

If you are looking for income tax fact on Fixed Deposit interest, then you can check below:

  • If Fixed Deposit interest is less then Rs. 40, 000/-, then the AU Bank will deduct TDS on interest.
  • Interest earned on Fixed Deposit is taxable. It will treat as Income from Other Sources.
  • If you don’t want to pay any TDS on Fixed Deposit, then you have to submit Form 15G and Form 15H in AU Bank.

AU Bank Tax Benefit Fixed Deposit

  • Interest Rate is 6.5% for 5 years term deposits.
  • The amount can not withdraw before five years.
  • The deposit account can not transfer to another bank.

AU Bank Fixed Deposit Interest Rate

Tenure BucketInterest RatesInterest Rates (Annualized)
7 Days to 1 Month 15 Days5.25%5.25%
1 Month 16 Days to 3 Months6.00%6.00%
3 Months 1 Day to 6 Months6.50%6.66%
6 Months 1 Day to 12 Months7.00%7.19%
12 Months 1 Day to 15 Months7.63%7.85%
15 Months 1 Day to 18 Months7.50%7.71%
18 Months 1 Day to 24 Months7.50%7.71%
24 Months 1 Day to 36 Months7.77%8.00%
36 Months 1 Day to 45 Months7.50%7.71%
45 Months 1 Day to 60 Months7.50%7.71%
60 Months 1 Day to 120 Months7.25%7.45%
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Non-callable rates for Retail Fixed Deposits

Proposed BucketROIAnnualized Rate
12 Months 1 Day – 15 Months7.73%7.96%
15 Months 1 Day – 18 Months7.60%7.82%
18 Months 1 Day – 24 Months7.60%7.82%
24 Months 1 Day – 36 Months7.87%8.11%

For Senior Citizen

Tenure BucketInterest RatesInterest Rates (Annualized)
7 Days to 1 Month 15 Days5.75%5.75%
1 Month 16 Days to 3 Months6.50%6.50%
3 Months 1 Day to 6 Months7.00%7.19%
6 Months 1 Day to 12 Months7.50%7.71%
12 Months 1 Day to 15 Months8.13%8.38%
15 Months 1 Day to 18 Months8.00%8.24%
18 Months 1 Day to 24 Months8.00%8.24%
24 Months 1 Day to 36 Months8.27%8.53%
36 Months 1 Day to 45 Months8.00%8.24%
45 Months 1 Day to 60 Months8.00%8.24%
60 Months 1 Day to 120 Months7.75%7.98%
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For Domestic & NRO Retail Monthly Payout Fixed Deposits

TENUREResident / NRE / NRO Interest Rates
for Monthly payout p.a. (%)
Senior Citizen Interest Rates
for Monthly payout p.a. (%)
7 Days to 1 Month 15 Days
1 Month 16 Days to 3 Months
3 Month 1 Day to 6 Months6.47%6.96%
6 Months 1 Day to 12 Months6.96%7.45%
12 Months 1 Day to 15 Months7.58%8.08%
15 Months 1 Day to 18 Months7.45%7.95%
18 Months 1 Day to 24 Months7.45%7.95%
24 Months 1 Day to 36 Months7.72%8.21%
36 Months 1 Day to 45 Months7.45%7.95%
45 Months 1 Day to 60 Months7.45%7.95%
60 Months 1 Day to 120 Months7.21%7.70%

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