Rates verified from official source

Andhra Pradesh Grameena Bank interest rates · November 2026

APGB FD rates

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What will my FD earn at APGB?

Estimated value after 1 year · before tax ₹5,35,930 7.00% p.a. · ₹35,930 interest · quarterly compounding

Plan your recurring deposit at APGB

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Before opening an RD

Estimates assume on-time monthly installments and quarterly compounding. Confirm the term, minimum installment, late payment rules, and early closure terms with the bank.

Overview

Andhra Pradesh Grameena Bank (APGB) is a regional rural bank (RRB), headquartered in Guntur, established in 2025. Its headline 1-year FD rate of 7.00% is 0.56% above the regional rural bank average of 6.44%, ranking #295 of 1033 banks on RateScan.in.

Headquarters
Guntur
Established
2025
Monitored since
22 Sept 2026
Ownership
GoI 50%, Canara Bank 35%, Govt of Andhra Pradesh 15%
Operates in
Andhra Pradesh

Rates as of 15 Dec 2025, verified from official source. Regional rural bank, jointly owned by the Government of India, the state government and a sponsor bank: deposits insured by DICGC up to ₹5,00,000.

RBI record

No RBI press release since 1 Jan 2024 names Andhra Pradesh Grameena Bank. We read RBI's press releases every week; last checked on 11 Nov 2026.

This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.

Branches

1,364 branches in 13 districts

Most branches: Guntur 169, Chittoor 142, Anantapur 125

From RBI's IFSC directory (updated 1 Nov 2026). Counts can include recently merged or closed branches; check the bank's branch locator before visiting.

APGB Fixed Deposit rate changes

Changes to APGB's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 22 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.

26 Sept 2026
▼ 3 cut▲ 2 raised−0.40 to +0.75 pp
  • 46–90 days · Senior4.50% → 5.25% 0.75 pp
  • 46–90 days · General4.50% → 4.90% 0.40 pp
  • 365–729 days · Senior7.50% → 7.10% 0.40 pp
Show all 5 changesShow fewer
  • 365–729 days · General7.00% → 6.85% 0.15 pp
  • 7–45 days · General3.50% → 3.40% 0.10 pp

See all APGB rate changes →

Good to know

  • Deposits with Andhra Pradesh Grameena 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.
  • APGB is a regional rural bank, jointly owned by the Government of India, a sponsor bank and a state government, and supervised by the RBI and NABARD.
  • Senior citizens (60+) earn up to 0.50% p.a. more than general customers at APGB, depending on the tenure.
  • APGB's FD table includes 1 special schemes; check eligibility and end dates.

Informational only. Always confirm the current rate on the official APGB website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.

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