Rates verified from official source

Andaman & Nicobar State Co-operative Bank Savings Account interest rates · October 2026

ANSCB's best Savings Account rate is 3.50% (₹1 lakh to ₹10 lakhs), 1.50 points below the best on the market (5.00%).

Deposit amount

Showing 1 of 3 rates.

TenureGeneralSeniorApplies toEffective OnSource
Any tenure
₹1 lakh to ₹10 lakhs
 3.50% — ₹1 lakh to ₹10 lakhs
1 Dec 2022
official
fetched 18 Oct 2026
✓ verified 19 Oct 2026

Higher Savings Account rates than ANSCB

4 banks serving Andaman and Nicobar Islands pay more. Top picks:

Private Highest Bandhan 4.85% +1.35% vs ANSCB Payments Bank Fino 4.50% +1.00% vs ANSCB Small Finance Jana 4.50% +1.00% vs ANSCB

See every higher rate in Andaman and Nicobar Islands →

ANSCB Savings rate changes

Changes to ANSCB's savings account rates that RateScan.in has recorded since it started tracking them on 29 Sept 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.

No change to ANSCB's savings account rates has been recorded since tracking started on 29 Sept 2026.

ANSCB Savings: frequently asked questions

What is the highest ANSCB Savings interest rate?

As of 19 Oct 2026, Andaman & Nicobar State Co-operative Bank offers up to 4.00% p.a. on its savings account (Above ₹10 lakhs) for general customers. Rates below are as published by the bank — confirm with ANSCB before investing.

See today's top interest rates →

When did ANSCB last change its Savings rates?

RateScan.in has recorded no change to Andaman & Nicobar State Co-operative Bank's savings account rates since it started tracking them on 29 Sept 2026.

Rate movements →

Does ANSCB pay different savings account rates by deposit size?

Yes. Andaman & Nicobar State Co-operative Bank's table lists separate bands: Up to ₹1 lakh; ₹1 lakh to ₹10 lakhs; Above ₹10 lakhs. Each row shows the band it applies to.

Is my savings account with ANSCB insured?

Deposits with Andaman & Nicobar State Co-operative Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).

How current are these ANSCB rates?

RateScan.in refreshed this dataset on 19 Oct 2026; the bank's rates shown here are effective 1 Dec 2022. Rates can change without notice, so verify on the official ANSCB website before investing.

Rate movements →

More ANSCB rates

ANSCB overviewANSCB Fixed Deposit rates

Savings rates at other banks

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Good to know

  • Deposits with Andaman & Nicobar State Co-operative Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
  • ANSCB is a state co-operative bank. Co-operative banks are regulated by the RBI together with the state registrar of co-operative societies; check that the bank is covered by DICGC before depositing.
  • Senior citizens (60+) earn up to 0.50% p.a. more than general customers at ANSCB, depending on the tenure.
official Effective 1 Dec 2022 · Ingested 29 Sept 2026 · Verified 19 Oct 2026 · View source

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