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Axis Bank Revises Interest Rates On Fixed Deposit, Check New Rates Here

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Axis Bank, a leading private sector lender, has adjusted interest rates on fixed deposits (FDs) with effect from June 22, 2021. Axis Bank provides FDs with terms ranging from 7 days to 10 years. Axis Bank is providing a 2.50 per cent interest rate on FDs maturing between 7 and 29 days, a 3 per cent interest rate on FDs maturing between 30 days and less than 3 months, and a 3.5 per cent interest rate on FDs maturing between 3 months and less than 6 months. After the most recent adjustment, Axis Bank offers a 4.40 per cent interest rate on FDs maturing in six months to less than one year. For fixed deposits, maturing in 1 year to less than 1 year 5 days, the bank is now offering an interest rate of 5.10%.

 

Axis Bank Revises Interest Rates On Fixed Deposit, Check New Rates Here

Whereas, an interest rate of 5.15% is provided by the bank on deposits maturing in 1 year 5 days to less than 1 year 11days. On FDs maturing in 1 year 11days to less than 1 year 25days and 17 months to less than 18 months, the bank is now promising an interest rate of 5.10% after the most recent revision. An interest rate of 5.25% on deposits maturing in 18 months and less than 2 years is currently being provided by the bank. Axis Bank provides a 5.40 per cent interest rate on deposits maturing in 2 to 5 years, and a 5.75 per cent interest rate on deposits maturing in 5 to 10 years, after the recent revision.

Axis Bank FD Rates

Below are the latest fixed deposit interest rates of Axis Bank for a deposit amount of less than Rs 2 Cr:

TenureRegular FD RatesSenior Citizen FD Rates
7 days to 14 days2.50%2.50%
15 days to 29 days2.50%2.50%
30 days to 45 days3.00%3.00%
46 days to 60 days3.00%3.00%
61 days to less than 3 months3.00%3.00%
3 months to less than 4 months3.50%3.50%
4 months to less than 5 months3.50%3.50%
5 months to less than 6 months3.50%3.50%
6 months to less than 7 months4.40%4.65%
7 months to less than 8 months4.40%4.65%
8 months to less than 9 months4.40%4.65%
9 months to less than 10 months4.40%4.65%
10 months to less than 11 months4.40%4.65%
11 months to less than 11 months 25 days4.40%4.65%
11 months 25 days to less than 1 year4.40%4.65%
1 year to less than 1 year 5 days5.10%5.75%
1 year 5 days to less than 1 year 11 days5.15%5.80%
1 year 11 days to less than 1 year 25 days5.10%5.75%
1 year 25 days to less than 13 months5.10%5.75%
13 months to less than 14 months5.10%5.75%
14 months to less than 15 months5.10%5.75%
15 months to less than 16 months5.10%5.75%
16 months to less than 17 months5.10%5.75%
17 months to less than 18 months5.10%5.75%
18 Months to less than 2 years5.25%5.90%
2 years to less than 30 months5.40%6.05%
30 months to less than 3 years5.40%5.90%
3 years to less than 5 years5.40%5.90%
5 years to 10 years5.75%6.50%
Source: Axis Bank, W.e.f 22.06.2021

Read more about: fd fixed deposit axis bank
Story first published: Saturday, June 26, 2021, 16:57 [IST]
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