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Axis Bank Revises Interest Rates On Fixed Deposit: Check Current Rates Here

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Axis Bank, a private sector bank, has adjusted interest rates on fixed deposits (FDs) with force from August 14, 2021. Axis Bank offers fixed deposit accounts with terms ranging from 7 days to 10 years. Axis Bank now offers an interest rate of 2.50 percent on FDs maturing between 7 days and 29 days, 3 percent on FDs maturing between 30 days and less than 3 months, and 3.5 percent on FDs maturing between 3 months and less than 6 months, following the recent adjustment on deposits less than 2 crores. Axis Bank offers a 4.40 percent interest rate on FDs maturing in six months to less than one year. The bank provides a 5.10 percent interest rate for 1 year to less than 1 year 5 days.

 

The bank is providing a 5.15 percent interest rate on term deposits maturing in 1 year 5 days to less than 1 year 11 days. Axis Bank is now providing an interest rate of 5.10 percent on deposits maturing in 1 year 11 days to less than 18 months and an interest rate of 5.25 percent on deposits maturing in 18 months to less than 2 years. The bank is currently providing interest rates of 5.5 percent and 5.4 percent for FDs maturing in 2 years to less than 3 years and 3 years to less than 5 years, respectively. Following the most recent adjustment, the bank now promises an interest rate of 5.75 percent on deposits maturing in 5 to 10 years.

Axis Bank FD Rates For The General Public
 

Axis Bank FD Rates For The General Public

With effect from 14/08/2021, Axis Bank is offering the following interest rates to the regular citizens for a deposit amount of less than Rs 2 Cr.

Sr No.PERIODINTEREST RATES (% P.A.)
17 days to 14 days2.50
215 days to 29 days2.50
330 days to 45 days3.00
446 days to 60 days3.00
561 days to less than 3 months3.00
63 months to less than 4 months3.50
74 months to less than 5 months3.50
85 months to less than 6 months3.50
96 months to less than 7 months4.40
107 months to less than 8 months4.40
118 months to less than 9 months4.40
129 months to less than 10 months4.40
1310 months to less than 11 months4.40
1411 months to less than 11 months 25 days4.40
1511 months 25 days to less than 1 year4.40
161 year to less than 1 year 5 days5.10
171 year 5 days to less than 1 year 11days5.15
181 year 11days to less than 1 year 25days5.10
191 year 25 days to less than 13 months5.10
2013 months to less than 14 months5.10
2114 months to less than 15 months5.10
2215 months to less than 16 months5.10
2316 months to less than 17 months5.10
2417 months to less than 18 months5.10
2518 months to less than 2 years5.25
262 years to less than 30 months5.50
2730 months to less than 3 years5.50
283 years to less than 5 years5.40
295 years to 10 years5.75
Source: Bank Website  
Axis Bank FD Rates For Senior Citizens

Axis Bank FD Rates For Senior Citizens

After the recent revision made on fixed deposit interest rates by the bank, senior citizens will get the following interest rates on their deposits of less than Rs 2 Cr.

Sr No.PERIODINTEREST RATES (% P.A.)
17 days to 14 days2.50
215 days to 29 days2.50
330 days to 45 days3.00
446 days to 60 days3.00
561 days to less than 3 months3.00
63 months to less than 4 months3.50
74 months to less than 5 months3.50
85 months to less than 6 months3.50
96 months to less than 7 months4.65
107 months to less than 8 months4.65
118 months to less than 9 months4.65
129 months to less than 10 months4.65
1310 months to less than 11 months4.65
1411 months to less than 11 months 25 days4.65
1511 months 25 days to less than 1 year4.65
161 year to less than 1 year 5 days5.75
171 year 5 days to less than 1 year 11days5.80
181 year 11days to less than 1 year 25days5.75
191 year 25 days to less than 13 months5.75
2013 months to less than 14 months5.75
2114 months to less than 15 months5.75
2215 months to less than 16 months5.75
2316 months to less than 17 months5.75
2417 months to less than 18 months5.75
2518 months to less than 2 years5.90
262 years to less than 30 months6.15
2730 months to less than 3 years6.00
283 years to less than 5 years5.90
295 years to 10 years6.50
Source: Bank Website  
Axis Bank Fixed Deposit Plus Interest Rates

Axis Bank Fixed Deposit Plus Interest Rates

Axis Bank also offers a kind of fixed deposit account dubbed as Fixed Deposit Plus where premature withdrawal is not allowed. With effect from 14/08/2021 following interest rates are offered by the bank on a deposit amount of Rs 5 Cr and above.

Sr No.PERIODINTEREST RATES (% P.A.)
17 days to 14 days2.50
215 days to 29 days2.50
330 days to 45 days3.00
446 days to 60 days3.00
561 days to less than 3 months3.25
63 months to less than 4 months3.70
74 months to less than 5 months3.70
85 months to less than 6 months3.70
96 months to less than 7 months3.90
107 months to less than 8 months3.90
118 months to less than 9 months3.90
129 months to less than 10 months4.00
1310 months to less than 11 months4.00
1411 months to less than 11 months 25 days4.00
1511 months 25 days to less than 1 year4.00
161 year to less than 1 year 5 days4.35
171 year 5 days to less than 1 year 11days4.35
181 year 11days to less than 1 year 25days4.35
191 year 25 days to less than 13 months4.35
2013 months to less than 14 months4.35
2114 months to less than 15 months4.35
2215 months to less than 16 months4.35
2316 months to less than 17 months4.35
2417 months to less than 18 months4.35
2518 months to less than 2 years4.35
262 years to less than 30 months4.55
2730 months to less than 3 years4.55
283 years to less than 5 years4.55
295 years to 10 years4.55
Source: Bank Website  

Story first published: Saturday, August 14, 2021, 17:35 [IST]
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