Alert For FD Investors! Axis Bank Revises FD Interest Rates From Today (Feb 5); Check What’s Changed

Axis Bank has announced a major update for fixed deposit investors by revising its interest rates on deposits of less than Rs 3 Cr as of 5th February. Following the revision, the bank is now promising a maximum interest rate of 6.45% and 7.20% for senior citizens on tenures of 5 years to 10 years.

Axis Bank FD Rates

On a tenure of 7 - 29 days, the bank is now promising an interest rate of 3% and 3.25% on a tenure of 30 - 45 days. Axis Bank is now offering an interest rate of 4.00% on a tenure of 46 - 60 days and 4.75% on a maturity period of 61 days - 87 days.

Maturity Period	General (Less than ₹3 Cr)	General (₹3 Cr to less than ₹5 Cr)	Senior Citizens (Less than ₹3 Cr)	Senior Citizens (₹3 Cr to less than ₹5 Cr)
7 - 14 days	3	3.75	3.5	4.25
15 - 29 days	3	3.75	3.5	4.25
30 - 45 days	3.25	4.25	3.75	4.75
46 - 60 days	4	4.5	4.5	5
61 days - 87 days	4.75	4.5	5.25	5
88 days - 3 months 24 days	5	4.5	5.5	5
3 months 25 days - 4 months	5	4.25	5.5	4.75
4 months - 6 months	5	5.7	5.5	6.2
6 months - 9 months	5.5	5.75	6	6.25
9 months - 1 year	5.75	5.95	6.25	6.45
1 year - 1 year 10 days	6.25	6.15	6.75	6.65
1 year 11 days - 13 months	6.25	6.15	6.75	6.65
13 months - 15 months	6.25	6.15	6.75	6.65
15 months - 18 months	6.45	6.5	6.95	7
18 months - 2 years	6.45	6.6	6.95	7.1
2 years - 3 years	6.45	6.6	6.95	7.1
3 years - 5 years	6.45	6.6	6.95	7.1
5 years to 10 years	6.45	6.6	7.2	7.35

Source: Bank Website

Axis Bank fixed deposits maturing in 88 days 6 months will now fetch an interest rate of 5% and those maturing in 6 months to 9 months will now fetch an interest rate of 5.50%.

Axis Bank will pay an interest rate of 5.75% on fixed deposits that mature in nine months to a year and 6.25% on term deposits that mature in one year to fifteen months. Axis Bank now offers an interest rate of 6.45% on fixed deposits that mature in 15 months to 10 years.

Axis Bank News

Axis Bank has informed stock exchanges that it has received a demand notice from the Employees' Provident Fund Organisation (EPFO) amounting to Rs 1.13 crore for delays in remitting contributions to the Employees' Pension Scheme. The disclosure was made under SEBI regulations and was communicated to both the National Stock Exchange (NSE) and BSE on February 4, 2026.

The exchange filing states that the Rs 1,13,76,736 total claim includes Rs 74.26 lakh in penalties imposed under Section 14B and Rs 39.49 lakh in interest imposed under Section 7Q of the Employees' Provident Fund Act. The demand relates to pension contribution delays that occurred between April 1, 2015, and March 31, 2022.

The action follows a show-cause notice issued by the EPFO's Mumbai (Dadar) regional office on January 6, 2026. The alleged violations relate to delays in depositing Employees' Pension Scheme (EPS) contributions within the stipulated timelines. Axis Bank attributed these delays to procedural and operational reasons, including non-Aadhaar linkage of employees and non-receipt of mandatory Form-11 declarations in certain cases.

Axis Bank stated that it has reviewed the matter internally and submitted the requisite information to the EPFO at the earliest opportunity. The bank underlined that the demand is the result of administrative delays throughout the specified time frame rather than any persistent fraud or systematic non-compliance. Additionally, the lender made it clear that its operations, financial situation, and commercial activities are not anticipated to be significantly impacted by the EPFO decision. The Rs 1.13 crore demand is unlikely to have an impact on Axis Bank's overall financial performance or capital sufficiency, given its scope and profitability.