The interest rate is also dependent on whether you opt for the fixed or the floating interest rate. Depending on the loan product the interest rate could be either high or low. Existing bank customer: If you are already a savings account holder with Andhra Bank then the bank may offer you a lesser interest rate. This is in view of your past. The Andhra Bank provides its customers with various types of savings accounts to fulfil the needs of different categories of customers like kids, pensioners, salaried people, corporate customers, Govt. Sector and charitable trusts and societies. The rate of interest is 4% on savings account for all categories.

Any Resident Individual - Single Accounts, Two or more individuals in Joint Accounts, Illiterate Persons, Visually Impaired persons, Purdanasheen Ladies, Minors, Associations, Clubs, Societies, etc.

What Is Best Savings Account Interest Rate

• Minimum balance requirement with or without cheque book facility:
  

  Centres	Without Cheque Book (`)	With Cheque Book (`)
  Metro	500	1000
  Urban	500	1000
  Semi Urban	250	500
  Rural	100	250

• Interest is calculated on daily product basis and will be credited on quarterly basis in the months of April, July, October and January every year.
• Rate of interest upto 25Lacs and more than 25 lacs-3%p.a

Any Resident Individual - Single Accounts, Two or more individuals in Joint Accounts, Illiterate Persons, Visually Impaired persons, Purdanasheen Ladies, Minors, Associations, Clubs, Societies, etc.

Andhra Pragathi Grameena Bank Savings Account Interest Rates

• Minimum balance requirement with or without cheque book facility:
  

  Centres	Without Cheque Book (`)	With Cheque Book (`)
  Metro	500	1000
  Urban	500	1000
  Semi Urban	250	500
  Rural	100	250

• Interest is calculated on daily product basis and will be credited on quarterly basis in the months of April, July, October and January every year.
• Rate of interest upto 25Lacs and more than 25 lacs-3%p.a