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

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

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.	PERIOD	INTEREST RATES (% P.A.)
1	7 days to 14 days	2.50
2	15 days to 29 days	2.50
3	30 days to 45 days	3.00
4	46 days to 60 days	3.00
5	61 days to less than 3 months	3.00
6	3 months to less than 4 months	3.50
7	4 months to less than 5 months	3.50
8	5 months to less than 6 months	3.50
9	6 months to less than 7 months	4.40
10	7 months to less than 8 months	4.40
11	8 months to less than 9 months	4.40
12	9 months to less than 10 months	4.40
13	10 months to less than 11 months	4.40
14	11 months to less than 11 months 25 days	4.40
15	11 months 25 days to less than 1 year	4.40
16	1 year to less than 1 year 5 days	5.10
17	1 year 5 days to less than 1 year 11days	5.15
18	1 year 11days to less than 1 year 25days	5.10
19	1 year 25 days to less than 13 months	5.10
20	13 months to less than 14 months	5.10
21	14 months to less than 15 months	5.10
22	15 months to less than 16 months	5.10
23	16 months to less than 17 months	5.10
24	17 months to less than 18 months	5.10
25	18 months to less than 2 years	5.25
26	2 years to less than 30 months	5.50
27	30 months to less than 3 years	5.50
28	3 years to less than 5 years	5.40
29	5 years to 10 years	5.75
Source: Bank Website

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.	PERIOD	INTEREST RATES (% P.A.)
1	7 days to 14 days	2.50
2	15 days to 29 days	2.50
3	30 days to 45 days	3.00
4	46 days to 60 days	3.00
5	61 days to less than 3 months	3.00
6	3 months to less than 4 months	3.50
7	4 months to less than 5 months	3.50
8	5 months to less than 6 months	3.50
9	6 months to less than 7 months	4.65
10	7 months to less than 8 months	4.65
11	8 months to less than 9 months	4.65
12	9 months to less than 10 months	4.65
13	10 months to less than 11 months	4.65
14	11 months to less than 11 months 25 days	4.65
15	11 months 25 days to less than 1 year	4.65
16	1 year to less than 1 year 5 days	5.75
17	1 year 5 days to less than 1 year 11days	5.80
18	1 year 11days to less than 1 year 25days	5.75
19	1 year 25 days to less than 13 months	5.75
20	13 months to less than 14 months	5.75
21	14 months to less than 15 months	5.75
22	15 months to less than 16 months	5.75
23	16 months to less than 17 months	5.75
24	17 months to less than 18 months	5.75
25	18 months to less than 2 years	5.90
26	2 years to less than 30 months	6.15
27	30 months to less than 3 years	6.00
28	3 years to less than 5 years	5.90
29	5 years to 10 years	6.50
Source: Bank Website

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.	PERIOD	INTEREST RATES (% P.A.)
1	7 days to 14 days	2.50
2	15 days to 29 days	2.50
3	30 days to 45 days	3.00
4	46 days to 60 days	3.00
5	61 days to less than 3 months	3.25
6	3 months to less than 4 months	3.70
7	4 months to less than 5 months	3.70
8	5 months to less than 6 months	3.70
9	6 months to less than 7 months	3.90
10	7 months to less than 8 months	3.90
11	8 months to less than 9 months	3.90
12	9 months to less than 10 months	4.00
13	10 months to less than 11 months	4.00
14	11 months to less than 11 months 25 days	4.00
15	11 months 25 days to less than 1 year	4.00
16	1 year to less than 1 year 5 days	4.35
17	1 year 5 days to less than 1 year 11days	4.35
18	1 year 11days to less than 1 year 25days	4.35
19	1 year 25 days to less than 13 months	4.35
20	13 months to less than 14 months	4.35
21	14 months to less than 15 months	4.35
22	15 months to less than 16 months	4.35
23	16 months to less than 17 months	4.35
24	17 months to less than 18 months	4.35
25	18 months to less than 2 years	4.35
26	2 years to less than 30 months	4.55
27	30 months to less than 3 years	4.55
28	3 years to less than 5 years	4.55
29	5 years to 10 years	4.55
Source: Bank Website