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Axis Bank Revised Interest Rate On Fixed Deposit Plus for Domestic And NRE Customers

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Axis Bank, India's leading private bank has today revised the Interest Rates on Fixed Deposit Plus for both Domestic and NRI customers w/e.f 30 December 2021, according to the bank's official website. The bank 2 days back had revised the Fixed Deposit Interest Rates for Domestic and NRI Fixed Deposit. Here we have discussed the bank's updated Interest Rate on the Domestic and NRI Fixed Deposit Plus. Fixed Deposit Plus can be opened with a minimum sum of Rs. 5,00,00,000, the interest rate is provided in basic or compounding form. This is a high-value investment plan for good returns.

 

Fixed Deposit Plus

Fixed Deposit Plus

The Axis Bank Fixed Deposit Plus plan was designed to provide greater rates and more flexibility. Axis Bank's Fixed Deposit Plus is a good choice for lump sum investments. Prospective consumers will be able to select the sort of interest computation technique and deposit type, among other options. Fixed Deposit Plus doesn't allow premature withdrawal.

Axis Bank Interest Rate On Fixed Deposit Plus Of Rs 5 Cr and Above
 

Axis Bank Interest Rate On Fixed Deposit Plus Of Rs 5 Cr and Above

With effect from 30/12/2021, the bank is giving the Interest on Fixed Deposit Plus plan to the Domestic deposits on the deposit of Rs 5 Cr and above.

PeriodDeposit Rs 5 Cr < Rs 10 CrDeposit Rs 10 Cr < Rs 25 CrDeposit Rs 25 Cr < Rs 50 CrDeposit Rs 50 Cr < Rs 100 CrDeposit Rs 100 Cr and Above
7 days to 14 days2.50%2.50%2.50%3.05%3.05%
15 days to 29 days2.50%2.50%2.50%3.05%3.05%
30 days to 45 days3.00%3.00%3.00%3.10%3.10%
46 days to 60 days3.00%3.00%3.00%3.10%3.10%
61 days < 3 months3.25%3.25%3.25%3.25%3.25%
3 months < 4 months3.65%3.65%3.65%3.65%3.65%
4 months < 5 months3.75%3.75%3.75%3.85%3.85%
5 months < 6 months3.75%3.75%3.75%4.20%4.20%
6 months < 7 months4.10%4.10%4.10%4.25%4.25%
7 months < 8 months4.10%4.10%4.10%4.25%4.25%
8 months < 9 months4.10%4.10%4.10%4.25%4.25%
9 months < 10 months4.25%4.25%4.25%4.30%4.30%
10 months < 11 months4.25%4.25%4.25%4.30%4.30%
11 months < 11 months 25 days4.25%4.25%4.25%4.30%4.30%
11 months 25 days < 1 year4.25%4.25%4.25%4.30%4.30%
1 year < 1 year 5 days4.50%4.50%4.50%4.60%4.70%
1 year 5 days < 1 year 11 days4.50%4.50%4.50%4.60%4.70%
1 year 11 days < 1 year 25 days4.50%4.50%4.50%4.60%4.70%
1 year 25 days < 13 months4.50%4.50%4.50%4.60%4.70%
13 months < 14 months4.50%4.50%4.50%4.60%4.70%
14 months < 15 months4.50%4.50%4.50%4.60%4.70%
15 months < 16 months4.50%4.50%4.50%4.60%4.70%
16 months < 17 months4.50%4.50%4.50%4.60%4.70%
17 months < 18 months4.50%4.50%4.50%4.60%4.70%
18 Months < 2 years4.50%4.50%4.50%4.60%4.70%
2 years < 30 months4.70%4.70%4.70%4.80%4.80%
30 months < 3 years4.70%4.70%4.70%4.80%4.80%
3 years < 5 years4.70%4.70%4.70%4.90%4.90%
5 years to 10 years4.70%4.70%4.70%4.90%4.90%
4.90%

Source - Axis Bank Official Website

Axis Bank Interest Rate On Fixed Deposit Plus on Rs 5 Cr and Above for the NRE customer

Axis Bank Interest Rate On Fixed Deposit Plus on Rs 5 Cr and Above for the NRE customer

With effect from 30/12/2021, the bank is giving the Interest on Fixed Deposit Plus plan for the Non-Resident External on the deposit of Rs 5 Cr and above.

PeriodDeposit Rs 5 Cr < Rs 10 CrDeposit Rs 10 Cr < Rs 25 CrDeposit Rs 25 Cr < Rs 50 CrDeposit Rs 50 Cr < Rs 100 CrDeposit Rs 100 Cr and Above
1 year < 1 year 5 days4.50%4.50%4.50%4.60%4.70%
1 year 5 days < 1 year 11 days4.50%4.50%4.50%4.60%4.70%
1 year 11 days < 1 year 25 days4.50%4.50%4.50%4.60%4.70%
1 year 25 days < 13 months4.50%4.50%4.50%4.60%4.70%
13 months < 14 months4.50%4.50%4.50%4.60%4.70%
14 months < 15 months4.50%4.50%4.50%4.60%4.70%
15 months < 16 months4.50%4.50%4.50%4.60%4.70%
16 months < 17 months4.50%4.50%4.50%4.60%4.70%
17 months < 18 months4.50%4.50%4.50%4.60%4.70%
18 Months < 2 years4.50%4.50%4.50%4.60%4.70%
2 years < 30 months4.70%4.70%4.70%4.80%4.80%
30 months < 3 years4.70%4.70%4.70%4.80%4.80%
3 years < 5 years4.70%4.70%4.70%4.90%4.90%
5 years to 10 years4.70%4.70%4.70%4.90%4.90%

Source - Axis Bank Official Website

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