Axis Bank Makes Interest Rate Revision On Non-callable Deposits (W.e.f. 28/03/2022)

Axis Bank, a private sector lender, has adjusted interest rates on non-redeemable fixed deposits of Rs 2 crore and above. The bank made the announcement today, March 28, 2022. Non-callable deposits are known as "Fixed Deposit Plus" by Axis Bank come with a minimum deposit of Rs 2 Cr and a maturity period of 7 days to 10 years. Following the revision, the bank is now giving the below interest rates on non-withdrawable fixed deposits worth more than Rs 2 crore.

Axis Bank Non-Withdrawable Fixed Deposit Interest Rates

Tenors	Rs 2 Cr to 5 Cr	Rs 5 Cr to 10 Cr	Rs 10 Cr to 25 Cr	Rs 25 Cr to 50 Cr	Rs 50 Cr to 100 Cr	Rs 100 Cr and above
7 days to 14 days	3.05	3.05	3.05	3.05	3.05	3.05
15 days to 29 days	3.05	3.05	3.05	3.05	3.05	3.05
30 days to 45 days	3.2	3.2	3.2	3.2	3.2	3.2
46 days to 60 days	3.2	3.2	3.2	3.2	3.2	3.2
61 days to less than 3 months	3.35	3.35	3.35	3.35	3.75	3.75
3 months to less than 4 months	4	4.2	4.2	4.2	4.2	4.6
4 months to less than 5 months	4	4.2	4.2	4.2	4.2	4.6
5 months to less than 6 months	4	4.2	4.2	4.2	4.2	4.6
6 months to less than 7 months	4.25	4.45	4.45	4.45	4.45	4.65
7 months to less than 8 months	4.25	4.45	4.45	4.45	4.45	4.65
8 months to less than 9 months	4.25	4.45	4.45	4.45	4.45	4.65
9 months to less than 10 months	4.3	4.5	4.5	4.5	4.5	4.7
10 months to less than 11 months	4.3	4.5	4.5	4.5	4.5	4.7
11 months to less than 11 months 25 days	4.3	4.5	4.5	4.5	4.5	4.7
11 months 25 days to less than 1 year	4.3	4.5	4.5	4.5	4.5	4.7
1 year to less than 1 year 5 days	4.45	4.8	4.8	4.8	4.8	5.15
1 year 5 days to less than 1 year 11 days	4.45	4.8	4.8	4.8	4.8	5.15
1 year 11 days to less than 1 year 25 days	4.45	4.8	4.8	4.8	4.8	5.15
1 year 25 days to less than 13 months	4.45	4.8	4.8	4.8	4.8	5.15
13 months to less than 14 months	4.45	4.8	4.8	4.8	4.8	5.15
14 months to less than 15 months	4.45	4.8	4.8	4.8	4.8	5.25
15 months to less than 16 months	4.45	4.8	4.8	4.8	4.8	5
16 months to less than 17 months	4.45	4.8	4.8	4.8	4.8	5
17 months to less than 18 months	4.45	4.8	4.8	4.8	4.8	5
18 Months to less than 2 years	4.45	4.8	4.8	4.8	4.8	5
2 years to less than 30 months	4.55	4.8	4.8	4.8	4.8	4.8
30 months to less than 3 years	4.55	4.8	4.8	4.8	4.8	4.8
3 years to less than 5 years	4.65	4.9	4.9	4.9	4.9	4.9
5 years to 10 years	4.65	4.9	4.9	4.9	4.9	4.9
Source: Bank Website