FD rates in Andaman and Nicobar Islands · November 2026

19 banks with a branch in Andaman and Nicobar Islands, ranked by their best fixed-deposit rate.

Banks in Andaman and Nicobar Islands, ranked by FD rate

General public · below ₹3 crore · Dataset refreshed 14 Nov 2026

#BankRateApplies toBranches here
1
Post Office Savings Schemes
Government Scheme
7.50% 5 years 102
2
Bandhan Bank
Private
7.45% 2 years to less than 3 years 2
3
Andaman & Nicobar State Co-operative Bank
Co-op
7.25% 1 year to less than 5 years –
4
IndusInd Bank
Private
7.25% 2 years to 3 years 1
5
Tamilnad Mercantile Bank
Private
7.25% 567 days (TMB 567 Special Deposit scheme) · 567-day Special 1
6
Central Bank of India
Public
7.00% 2222 days · Cent Green Deposit 1
7
Bank of Baroda
Public
6.85% bob Golden Goal deposit Scheme (555 days) · bob Golden Goal 555 days 5
8
Indian Bank
Public
6.80% IND GROW (555 days) · IND GROW 2
9
Punjab National Bank
Public
6.80% 680 days 3
10
Canara Bank
Public
6.75% 555 days ## · Canara 555 14
11
Indian Overseas Bank
Public
6.75% 444 days · 444-day Special 2
12
UCO Bank
Public
6.70% 535 days · UCO 535 1
13
Bank of Maharashtra
Public
6.65% 400 days · 400-day special 1
14
Axis Bank
Private
6.60% 2 years < 3 years 4
15
HDFC Bank
Private
6.60% 3 years 1 day to < 4 years 7 months 6
16
ICICI Bank
Private
6.60% 3 years 1 day to 5 years 3
17
IDBI Bank
Private
6.55% 1100 days · 1100-day Special 1
18
Union Bank of India
Public
6.55% 555 days · 555-Day Special 1
19
State Bank of India
Public
6.45% 444 days (Amrit Vrishti) · Amrit Vrishti 444 days 30

19 banks we track have a branch in Andaman and Nicobar Islands. As of 14 Nov 2026, the highest FD rate here is 7.50% at Post Office Savings Schemes.

Every rate comes from the bank's own page and is re-read daily. The table ranks each bank by its best rate for a general depositor below ₹3 crore; pick a tenure and amount in the filters to match your deposit. Deposits at these banks are covered by DICGC up to ₹5 lakh per depositor per bank. Branch counts come from RBI's IFSC list.

Best FD rate in Andaman and Nicobar Islands by type of bank

The highest rate in each group, among banks with a branch here.

Public Central Bank of India 7.00% 2222 days
Private Bandhan Bank 7.45% 2 years to less than 3 years
Co-op Andaman & Nicobar State Co-operative Bank 7.25% 1 year to less than 5 years
Government Scheme Post Office Savings Schemes 7.50% 5 years

All places

Frequently Asked Questions

Which bank has the highest FD rate in Andaman and Nicobar Islands?

As of 14 Nov 2026, Post Office Savings Schemes pays the highest FD rate among banks with a branch in Andaman and Nicobar Islands: 7.50% a year for general depositors. Next are Bandhan at 7.45% and ANSCB at 7.25%. Confirm the current rate with the bank before you invest.

How many banks have a branch in Andaman and Nicobar Islands?

19 of the banks RateScan.in tracks have at least one branch in Andaman and Nicobar Islands, counted from RBI's IFSC list: 1 co-operative and regional rural banks, and 18 public, private, small finance and other banks.

Are FDs at co-operative banks in Andaman and Nicobar Islands safe?

Deposits at RBI-licensed co-operative banks are insured by DICGC up to ₹5 lakh per depositor per bank, the same cover as at any other bank. Co-operative banks are smaller, and their higher rates reflect that, so check the bank's standing and keep your deposits at each bank within the insured amount.

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