This article offers a brief summary of the key aspects of the Andhra Pragathi Grameena Bank‘s Tax Saver Deposit schemes. Since these details are subject to frequent updates, please refer to the bank’s official website for the most current information on features and interest rates.
Andhra Pragathi Grameena Bank – Tax Saver Deposit Features:
- Minimum Deposit: Rs. 100/- with multiples up to a maximum of Rs. 1.50 lakh per financial year.
- Duration: Fixed at five (5) years. Interest Rate: Applicable to fixed deposits or term deposits with a 5-year tenure.
- Lock-in Period: Not eligible for premature closure before the completion of the five (5) year period.
- Loan Facility: Deposits under this scheme cannot be pledged or used as security for loans.
- Nomination: Facility for nomination is available.
How to invest?
Click here to invest in the Andhra Pragathi Grameena Bank’s Tax Saver Deposit schemes.
Note: The information presented here is sourced from publicly available data. We cannot be held responsible for any inaccuracies in the details. For the most current and accurate information, please visit the official website of the respective bank/institution.