Axis Bank Revised Interest Rates On Its FD: Check New Rates Here
With effect from March 18, private sector lender Axis Bank has adjusted interest rates on fixed deposits (FDs) which ranges from a tenure of 7 days to 10 years respectively. Following the most recent amendment, Axis Bank now offers 2.50 per cent interest on FDs maturing between 7 and 29 days, 3% for FDs maturing between 30 days and less than 3 months, and 3.5 per cent for FDs maturing between 3 months up to 6 months. Axis Bank offers a 4.40 per cent interest rate on FDs maturing in six months to less than eleven months and twenty-five days. 5.15 per cent for 11 months 25 days to less than 1 year 5 days, and 5.10 per cent for 1 year 5 days to less than 18 months Axis Bank provides 5.25 per cent interest on term deposits that mature in 18 months or less than two years. The bank provides a 5.40 per cent interest rate on long-term deposits maturing in two to five years. Deposits with a maturity period of 5 to 10 years will grant you 5.75 per cent interest. Check the new rates of Axis Bank Fixed Deposit below:
Axis Bank FD Rates For Non-Senior Citizens (For amount less than Rs 2 Cr)
On select maturities, Axis Bank is now promising interest rates ranging from 2.5 to 5.75% to the general public. Check the latest rates below for tenure ranging from 7 days to 10 years.
Tenure | ROI in % w.e.f. 18/03/21 |
---|---|
7 days to 14 days | 2.5 |
15 days to 29 days | 2.5 |
30 days to 45 days | 3 |
46 days to 60 days | 3 |
61 days < 3 months | 3 |
3 months < 4 months | 3.5 |
4 months < 5 months | 3.5 |
5 months < 6 months | 3.5 |
6 months < 7 months | 4.4 |
7 months < 8 months | 4.4 |
8 months < 9 months | 4.4 |
9 months < 10 months | 4.4 |
10 months < 11 months | 4.4 |
11 months < 11 months 25 days | 4.4 |
11 months 25 days < 1 year | 5.15 |
1 year < 1 year 5 days | 5.15 |
1 year 5 days < 1 year 11 days | 5.1 |
1 year 11 days < 1 year 25 days | 5.1 |
1 year 25 days < 13 months | 5.1 |
13 months < 14 months | 5.1 |
14 months < 15 months | 5.1 |
15 months < 16 months | 5.1 |
16 months < 17 months | 5.1 |
17 months < 18 months | 5.1 |
18 Months < 2 years | 5.25 |
2 years < 30 months | 5.4 |
30 months < 3 years | 5.4 |
3 years < 5 years | 5.4 |
5 years to 10 years | 5.75 |
Axis Bank FD Rates For Senior Citizens (For amount less than Rs 2 Cr)
On select maturities, Axis Bank gives senior citizens a higher rate of return compared to the general public. On deposits maturing in 7 days to 10 years, senior citizens can now receive interest rates ranging from 2.5 per cent to 6.50 per cent.
Tenure | ROI in % w.e.f. 18/03/21 |
---|---|
7 days to 14 days | 2.5 |
15 days to 29 days | 2.5 |
30 days to 45 days | 3 |
46 days to 60 days | 3 |
61 days < 3 months | 3 |
3 months < 4 months | 3.5 |
4 months < 5 months | 3.5 |
5 months < 6 months | 3.5 |
6 months < 7 months | 3.5 |
7 months < 8 months | 4.65 |
8 months < 9 months | 4.65 |
9 months < 10 months | 4.65 |
10 months < 11 months | 4.65 |
11 months < 11 months 25 days | 4.65 |
11 months 25 days < 1 year | 4.65 |
1 year < 1 year 5 days | 5.4 |
1 year 5 days < 1 year 11 days | 5.8 |
1 year 11 days < 1 year 25 days | 5.75 |
1 year 25 days < 13 months | 5.75 |
13 months < 14 months | 5.75 |
14 months < 15 months | 5.75 |
15 months < 16 months | 5.75 |
16 months < 17 months | 5.75 |
17 months < 18 months | 5.75 |
18 Months < 2 years | 5.9 |
2 years < 30 months | 6.05 |
30 months < 3 years | 5.9 |
3 years < 5 years | 5.9 |
5 years to 10 years | 6.5 |
Note
For a tenure ranging from 7 days to 10 years you can open a fixed deposit account in Axis Bank by depositing a minimum amount of Rs 5,000. You can open a Fixed Deposit account using Axis Bank's online platform anytime anywhere. It allows you to transfer money from your savings account to your Fixed Deposit with ease. For both long and short term investments, take advantage of the most attractive Fixed Deposit interest rates of Axis Bank. You can have your Fixed Deposit interest credited to a defined account or to a different account with Axis Bank's auto roll-out service. To know how to open a fixed deposit account online in Axis Bank, Click Here.