What is the Axis Bank fixed deposit rate of interest?
Did you know Axis Bank offers a fixed deposit? The main question is, what is the Axis Bank's fixed deposit rate of interest? It is 3.00 - 7.20% p.a. for the general public and 3.50 - 7.75% p.a. for senior citizens with time of tenures from 7 days to 10 years.
About Axis Bank
Axis Bank Limited is an Indian Banking and financial services company headquartered in Mumbai, Maharashtra, as it is regarded as the third-largest private sector bank in India.
It offers a wide range of financial services, including retail banking services such as loans and deposits, corporate banking services like mutual fund investments, international banking services, and demat account equity capital market.
As this bank was started in 1993, and the CEO is Amitabh Chaudhary, the ICRA rating is MAAA, the CRISIL rating is FAAA, and it the listed on the exchange as Axis Bank Ltd.
Axis Bank FD Rate 2024
The Axis Bank fixed deposit rate is 2024, according to the Word Economic Forum 10 Sept 2024.
| Tenure | Regular Customers | Senior Citizens |
| 7 Days - 14 Days | 3.00% | 3.50% |
| 15 Days - 29 Days | 3.00% | 3.50% |
| 30 Days - 45 Days | 3.50% | 4.00% |
| 46 Days - 60 Days | 4.25% | 4.75% |
| 61 Days < 3 Months | 4.50% | 5.00% |
| 3 Months < 4 Months | 4.75% | 5.25% |
| 4 Months < 5 Months | 4.75% | 5.25% |
| 6 Months < 7 Months | 5.75% | 6.25% |
| 7 Months < 8 Months | 5.75% | 6.25% |
| 8 Months < 9 Months | 5.75% | 6.25% |
| 9 Months < 10 Months | 6.00% | 6.50% |
| 10 Months < 11 Months | 6.00% | 6.50% |
| 11 Months < 11 Months 24 Days | 6.00% | 6.50% |
| 11 Months 25 Days < 1 Year | 6.00% | 6.50% |
| 1 Year< 1 Year 4 Days | 6.70% | 7.20% |
| 1 Year 5 Days < 1 Year 10 Days | 6.70% | 7.20% |
| 1 Year 11 Days < 1 Year 24 Days | 6.70% | 7.20% |
| 1 Year 25 Days < 13 Months | 6.70% | 7.20% |
| 13 Months < 14 Months | 6.70% | 7.20% |
| 14 Months < 15 Months | 6.70% | 7.20% |
| 15 Months < 16 Months | 7.25% | 7.75% |
| 16 Months < 17 Months | 7.25% | 7.75% |
| 17 Months < 18 Months | 7.25% | 7.75% |
| 18 Months < 2 Years | 7.25% | 7.75% |
| 2 Years < 30 Months | 7.10% | 7.60% |
| 30 Months < 3 Years | 7.10% | 7.60% |
| 3 Years < 5 Years | 7.10% | 7.60% |
| 5 Years < 10 Years | 7.00% | 7.75% |
Benefits of Axis Bank Fixed Deposit
Here are the benefits of Axis Bank of Fixed Deposit, so let’s have a look at the below details.
- Here the nomination facility is provided by the bank.
- One can book a Fixed deposit account in a hassle-free way with Axis Bank.
- The minimum deposit amount required to book a Fixed Deposit with Axis Bank is INR 5000.
- Here in Axis Bank, senior citizens can avail of higher interest rates over regular customer rates.
- Axis Bank offers a loan of up to 90%, which can be availed against your bank FD.
- The bank offers a wide range of fixed deposits to choose from.
- Here the users can avail of competitive interest rates on short-term deposits with an Axis Bank Fixed deposit account.
Axis Bank Fixed Deposit Calculator
As you can calculate your FD, you can use choose RWR FD calculator to check the interest and maturity amount that the depositor will get at the end of the deposit tenure.
Maturity Amount
Interest Earned
Total Invested Amount
How to Apply for the Axis Bank FD?
Here at Axis Bank, existing customers of this bank can open a fixed deposit account online through net banking and mobile banking, and the users can visit the bank branch of Axis Bank and then submit the completed Axis Bank fixed deposit form with a minimum deposit amount of INR 500.
Moreover, in the case of this Axis Bank Tax saver FD, here the minimum deposit amount required which will be INR 100. Individual users who do not have a leading or banking relationship with Axis Bank will have to visit the Axis Bank branches to open their Axis Bank fixed deposit accounts.
Conclusion
In conclusion, we have mentioned all such details, that you have to know about the Axis Bank fixed deposit rate of interest. So here we also discuss Axis Bank, the fixed rate of interest, the fixed rate of 2024, benefits, and many more. We hope the given information in this blog about “Axis Bank fixed deposit rate of interest” is helpful and informative.
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