AU Bank FD Rates 2024: AU Small Finance Bank’s Regular Fixed Deposit ensures that your earnings grow steadily and effortlessly. Its key features like attractive interest rates, multiple interest payout options, and zero penalty on premature closure make it the ideal investment for your hard-earned money. Benefit from AU Bank’s high rate of interest on Fixed Deposits and 0.5% higher interest for senior citizens. Invest for as little as Rs 1,000/-, and choose between quarterly and monthly interest payout options.
The AU Bank offers a wide range of Fixed Deposits (FDs) that offer a good rate of return and come with various other benefits. Some of the features of AU Bank FDs include nomination facility, flexible tenure options, auto renewal facility, different interest payout options, loan/overdraft facility, Etc. It is very easy to open an AU Bank FD online and this can be done at the click of a button in a paper-free manner.
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Key Benefits for AU Bank FD Rates
A Fixed Deposit (FD) is one of the most popular financial instruments among the general saving public in India as it provides a higher rate of interest than a regular savings account. Fixed Deposit (FD) is the safest of investments that give high returns after a period.
AU Bank offer you great rates, flexibility and security for your fixed deposits, with even higher interest for our senior citizens. Enjoy our facilities of booking your deposit through Netbanking, and the facility of automatic renewal. Minimum investment amount can be as low as INR 1000/-
AU Bank Interest Rates for Regular Fixed Deposit
Mentioned below are the applicable Fixed Deposit Interest Rates for the mentioned tenures. The below mentioned Fixed Deposit Interest rates are effective from 17 April, 2024
1. For Domestic & NRE*/NRO Retail Fixed Deposits (for amounts less than INR 2 Crore)
Applicable Interest Rates on Fixed Deposits w.e.f. 17 April 2024
| Tenure Bucket | Interest Rates | Interest Rates (Annualized) |
| 7 Days to 1 Month 15 Days | 3.75% | – |
| 1 Month 16 Days to 3 Months | 4.25% | – |
| 3 Months 1 Day to 6 Months | 4.75% | 4.84% |
| 6 Months 1 Day to 12 Months | 6.50% | 6.66% |
| 12 Months 1 Day to 15 Months | 7.75% | 7.98% |
| 15 Months 1 Day to less than 18 Months | 7.50% | 7.71% |
| 18 Months | 8.00% | 8.24% |
| 18 Months 1 Day to 24 Months | 7.75% | 7.98% |
| 24 Months 1 Day to 36 Months | 7.50% | 7.71% |
| 36 Months 1 Day to 45 Months | 7.50% | 7.71% |
| 45 Months 1 Day to less than 60 Months | 7.25% | 7.45% |
| 60 Months to 120 Months | 7.25% | 7.45% |
For Senior Citizen (for amounts less than INR 2 Crore)
Applicable Interest Rates on Fixed Deposits w.e.f. 17th April, 2024.
| Tenure Bucket | Interest Rates | Interest Rates (Annualized) |
| 7 Days to 1 Month 15 Days | 4.25% | – |
| 1 Month 16 Days to 3 Months | 4.75% | – |
| 3 Months 1 Day to 6 Months | 5.25% | 5.35% |
| 6 Months 1 Day to 12 Months | 7.00% | 7.19% |
| 12 Months 1 Day to 15 Months | 8.25% | 8.51% |
| 15 Months 1 Day to less than 18 Months | 8.00% | 8.24% |
| 18 Months | 8.50% | 8.77% |
| 18 Months 1 Day to 24 Months | 8.25% | 8.51% |
| 24 Months 1 Day to 36 Months | 8.00% | 8.24% |
| 36 Months 1 Day to 45 Months | 8.00% | 8.24% |
| 45 Months 1 Day to less than 60 Months | 7.75% | 7.98% |
| 60 Months to 120 Months | 7.75% | 7.98% |
2. For Domestic & NRO Retail Monthly Payout Fixed Deposits (for amounts less than INR 2 Crore)
Monthly payout p.a. (%)
Applicable Interest Rates on Fixed Deposits w.e.f. 5th June, 2024
| Tenure Bucket | Resident / NRE / NRO Interest Rates | Senior Citizen Interest Rates |
| 7 Days to 1 Month 15 Days | – | – |
| 1 Month 16 Days to 3 Months | – | – |
| 3 Month 1 Day to 6 Months | 4.73% | 5.23% |
| 6 Months 1 Day to 12 Months | 6.47% | 6.96% |
| 12 Months 1 Day to 15 Months | 7.70% | 8.19% |
| 15 Months 1 Day to less than 18 Months | 7.45% | 7.95% |
| 18 Months | 7.95% | 8.44% |
| 18 Months 1 Day to 24 Months | 7.70% | 8.19% |
| 24 Months 1 Day to 36 Months | 7.45% | 7.95% |
| 36 Months 1 Day to 45 Months | 7.45% | 7.95% |
| 45 Months 1 Day to less than 60 Months | 7.21% | 7.70% |
| 60 Months to 120 Months | 7.21% | 7.70% |
AU Bank FD Eligibility Criteria
- Both new and existing customers of AU Small Finance Bank can open a Fixed Deposit.
- Following are the types of customers who can open fixed deposit accounts: Individuals, Minors, Proprietorship, HUF (Hindu Undivided Family), Registered and Unregistered Body, Cooperative Society, Trusts, Partnerships, NGO and, Private Limited.
How to Apply for AU Bank FD
- Visit the nearest branch of AU Small Finance Bank and our Relationship Manager will guide you on the application process.
- You can also contact us and our Customer Care Executive will fix a service appointment with our Relationship Manager to help you with the application process.
Eligibility
- Resident Indians
- Hindu Undivided Families
- Sole proprietorship firms
- Partnership firms
- Limited companies
- Trust accounts
Additional Information
A minimum initial deposit of INR 1,000/- is required to open a Fixed Deposit. PAN is mandatory to book Fixed Deposits, if the total Fixed Deposit holding per customer, per branch exceeds INR 50,000/- For premature withdrawals, including sweep-ins and partial withdrawals, the Bank will levy a penalty of 1%, on the applicable rate.
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