To calculate your APGB Fixed Deposit, enter the following details given below:
Andhra Pradesh Grameena Bank FD Calculator
FD Maturity Details
Growth Table
| Year | Opening Balance | Interest Earned | Closing Balance | Total Interest So Far |
|---|
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What is APGB
APGVB (Andhra Pradesh Grameena Vikas Bank), or Andhra Pradesh Grameena Bank, is a Regional Rural Bank (RRB) predominantly operative in the state of Andhra Pradesh and having a large presence in rural and semi urban areas of the said state. The primary aim of establishing the Bank was to provide banking and financial services to the rural masses, in particular to farmers, small entrepreneurs, agricultural laborers, and self help groups (SHGs). The most important aspect of the bank is to ensure that financial inclusion is promoted and that affordable banking services reach even the most remote villages in the state.
Bank Details
- Full Name: Andhra Pradesh Grameena Vikas Bank (APGVB)
- Type: Regional Rural Bank (RRB)
- Sponsored by: State Bank of India (SBI)
- Established on: 31 March 2006
- Head Office: Warangal, Telangana
- Operating Area: Andhra Pradesh and Telangana (after the state bifurcation in 2014)
Interest Rate of FD in APGB?
| Tenure | Deposit Amount | Interest Rate (p.a.) | Category |
|---|---|---|---|
| 7 days – 45 days | < ₹1 Cr | 4.00% | General |
| 7 days – 45 days | ≥ ₹1 Cr | 3.50% | General |
| 1 year – < 2 years | < ₹1 Cr | 7.10% | General |
| 1 year – < 2 years | ≥ ₹1 Cr | 6.85% | General |
| 444 days (Special) | — | 7.40% | General Public |
| 444 days (Special) | — | 7.90% | Senior Citizens |
Disclaimer: Rates vary by tenure, amount and category of depositor (senior citizens get extra). Always check the latest rates by visiting banks before investing.
How to Calculate Fixed Despite Manually
There are two main methods used to calculate returns on fixed deposits (FDs): simple interest and compound interest.
When you invest in a fixed deposit, the method of interest calculation determines how much you’ll earn at the end of the term.
Simple Interest.
Formula:
- A = P × (1 + r × t)
- P = Principal Amount (Amount you invest)
- r = Annual Interest Rate
- t = Time period in years
Example:-
- If you invest ₹1,00,000 at 7% for 1 year:
- A = 1,00,000 × (1 + 0.07 × 1)
- A = 1,00,000 × 1.07
- A = ₹1,07,000
Compound Interest.
Formula:
- A = P × (1 + r/n)^(n × t)
Where:
- A = Maturity Amount (Total you’ll receive at the end)
- P = Principal Amount (Amount you invest)
- r = Annual Interest Rate (in decimal, e.g. 7% = 0.07)
- n = Number of times interest is compounded per year
- Quarterly = 4
- Half-Yearly = 2
- Monthly = 12
- Annually = 1
- t = Time period in years
Example:-
Suppose you deposit ₹1,00,000 for 3 years at an interest rate of 7% per annum, compounded quarterly.
So,
- A = 1,00,000 × (1 + 0.07/4)^(4 × 3)
- A = 1,00,000 × (1.0175)^12
- A ≈ ₹1,23,115
Total maturity amount is ₹1,23,115, and interest earned is ₹23,115.
How to Use TankCalculator’s Andhra Pradesh Grameena Bank FD Calculator
- 1. Enter Your Principal Amount
- the amount you plan to invest for exp ₹1,00,000 or more.
- 2. Add Your Interest Rate
- Enter the annual interest rate offered by your bank for exp, 7.5%.
- 3. Set Your Investment Duration
- in years, months, and even days for extra precision.
- 4. Choose Compounding Frequency
- Select Compounding Frequency
- Quarterly
- Half-Yearly
- Annually
- Monthly
- 5. And Just Click On Calculate Button
- That’s it! Instantly, you’ll see a beautiful visualization of your maturity amount, total interest earned, and growth over time in an interactive chart.
TankCalculator’s APGB FD Calculator: Features and Benefits
This Andhra Pradesh Grameena Bank Fixed Deposit Calculator is a smart tool that helps you instantly estimate the maturity amount, total interest earned, and the growth of your investment over time. It makes financial planning fast, simple, visual, and accurate.
Features of APGB FD Calculator
- Easy to use and navigate: Enter your principal amount, interest rate, terms in given columns and get instant results in just one click.
- Accurate Compound Interest Calculations: Uses the standard compounding formula to ensure accurate maturity values every time whenever you want.
- Multiple Compounding Options: The calculator also have Multiple Compounding Options ( quarterly, monthly, semi annual, or annual compounding ) frequencies which match your bank’s FD terms.
- Interactive Charts and Growth Tables: See your investment progress through a detailed year by year growth table, as well as dynamic line and donut charts for more clarity.
- Customizable Inputs: You can also Adjust the term to years, months, and days for highly accurate calculations.
- Export and Print Options: The calculator allows you to Easily download results to Excel (CSV) or print your FD report for record keeping and analysis for your future planning.
- Responsive and Mobile Friendly: The calculator is Optimized for desktop, tablet, and mobile ensuring a seamless experience across all devices.
Benefits of APGB FD Calculator
This Andhra Pradesh Grameena Bank FD Calculator Helps you to make informed decisions Investment planning is done best when you know how much your money would grow over time.
- Time saver: Manual calculation? Nay! Get instant results in seconds with complete accuracy!
- For beginner understandability: Visual charts and tables clearly explain how compound interest benefits you.
- Compare different FD options: Experiment with different rates, tenures, and compound interest types to get the best returns.
- Peace of mind and transparency: Know clearly how much you’ll make as returns no hidden steps, no confusion, and utter clarity.
About TankCalculator’s Andhra Pradesh Grameena Bank FD Calculator
For residents of Andhra Pradesh, planning and managing your fixed deposits is now even easier with this Andhra Pradesh Grameena Bank FD calculator.
This APGB FD calculator helps you accurately estimate the maturity amount of your fixed deposit based on the principal, interest rate, and tenure. It’s a practical way to plan your savings, compare investment options, and make informed financial decisions. Suitable for both individuals and businesses, this calculator provides a quick and reliable way to understand your fixed deposit income.
Frequently Asked Questions (FAQ)
How do I check my APGB balance?
Coustomer can give a missed call to 9090290912 from their registered mobile number to check his account balance. or he can also send an SMS by texting ‘BAL’ to 9090290912 (or 9902988992) from his registered mobile number. Additionally, APGB’s mobile banking app, called “APGBMoney,” allows him to check his balance directly from app.
Which bank merged with APGB?
APGB was formed by merging four regional rural banks: Andhra Pragathi Gramin Bank, Andhra Pradesh Gramin Vikas Bank, Chaitanyagodavari Gramin Bank, and Saptagiri Gramin Bank. This merger became effective May 1, 2025.
Is APGB a government bank?
Yes, APGB is a regional rural bank which is sponsored by Union Bank of India. RRBs are established under the RRB Act (1976) and are funded by the Central Government, the Government of Andhra Pradesh, and the sponsoring bank, making APGB a government/public sector bank.
Is mobile banking available for APGB?
Yes, mobile banking is available for APGB. The bank offers a mobile app that can be downloaded from the Play Store, and even after the merger, all digital banking services of the former banks will continue uninterrupted under APGB.