Comparing the Axis Bank Fixed Deposit rates is one way to choose the best option for your lump sum deposit. You can get started with a minimum amount of ₹5,000 and enjoy attractive interest rates. This depends on several factors, such as:
Thus, it is crucial to know the latest rates before starting an investment. This will help ensure your investment grows as per your requirements. Read on to know the updated Axis Bank fixed deposit rate and the benefits of investing in them.
The following are current Axis Bank FD rates for domestic deposits for regular and senior citizens.
| Tenure | Regular Citizens (in % p.a.) | Senior Citizens (in % p.a.) |
|---|---|---|
| 7 days to 14 days | 3.00 | 3.50 |
| 15 days to 29 days | 3.00 | 3.50 |
| 30 days to 45 days | 3.50 | 4.00 |
| 46 days to 60 days | 4.25 | 4.75 |
| 61 days < 3 months | 4.50 | 5.00 |
| 3 months to 3 months 24 days | 4.75 | 5.25 |
| 3 months 25 days < 4 months | 4.75 | 5.25 |
| 4 months < 5 months | 4.75 | 5.25 |
| 5 months < 6 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 to 11 months 24 days | 6.00 | 6.50 |
| 11 months 25 days < 1 year | 6.00 | 6.50 |
| 1 year to 1 year 4 days | 6.70 | 7.20 |
| 1 year 5 days to 1 year 10 days | 6.70 | 7.20 |
| 1 year 11 days to 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 | 7.10 | 7.60 |
| 16 months < 17 months | 7.10 | 7.60 |
| 17 months < 18 months | 7.10 | 7.60 |
| 18 Months < 2 years | 7.10 | 7.60 |
| 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 to 10 years | 7.00 | 7.75 |
Also Check: Axis Bank Balance Enquiry Number
Here are the Axis Bank fixed deposit rates for domestic deposits over ₹3 crores and less than ₹5 crores.
| Tenure | Regular Citizens (in % p.a.) | Senior Citizens (in % p.a.) |
|---|---|---|
| 7 days to 14 days | 4.75 | 5.25 |
| 15 days to 29 days | 4.75 | 5.25 |
| 30 days to 45 days | 5.50 | 6.00 |
| 46 days to 60 days | 5.75 | 6.25 |
| 61 days < 3 months | 6.00 | 6.50 |
| 3 months to 3 months 24 days | 6.50 | 7.00 |
| 3 months 25 days < 4 months | 5.15 | 5.65 |
| 4 months < 5 months | 6.50 | 7.00 |
| 5 months < 6 months | 6.50 | 7.00 |
| 6 months < 7 months | 6.75 | 7.25 |
| 7 months < 8 months | 6.75 | 7.25 |
| 8 months < 9 months | 6.75 | 7.25 |
| 9 months < 10 months | 6.85 | 7.35 |
| 10 months < 11 months | 6.85 | 7.35 |
| 11 months to 11 months 24 days | 6.85 | 7.35 |
| 11 months 25 days < 1 year | 7.40 | 7.35 |
| 1 year to 1 year 4 days | 7.40 | 7.90 |
| 1 year 5 days to 1 year 10 days | 7.40 | 7.90 |
| 1 year 11 days to 1 year 24 days | 7.40 | 7.90 |
| 1 year 25 days < 13 months | 7.40 | 7.90 |
| 13 months < 14 months | 7.40 | 7.90 |
| 14 months < 15 months | 7.40 | 7.90 |
| 15 months < 16 months | 7.05 | 7.55 |
| 16 months < 17 months | 7.05 | 7.55 |
| 17 months < 18 months | 7.05 | 7.55 |
| 18 Months < 2 years | 7.05 | 7.55 |
| 2 years < 30 months | 7.00 | 7.50 |
| 30 months < 3 years | 7.00 | 7.50 |
| 3 years < 5 years | 7.00 | 7.50 |
| 5 years to 10 years | 7.00 | 7.75 |
To decide on the best investment tenure, you can calculate your potential returns with the given interest rate. To simplify the calculations, you can use the Axis Bank FD calculator.
Also Check : Axis Bank Customer Care Number
Apart from the attractive Axis Bank FD rates, here are some reasons to book a deposit with them:
You can start on your investment journey conveniently with just ₹5,000 using the Axis Bank mobile app, net banking. Alternatively, you can visit the nearest bank branch and book an FD with a minimum deposit of ₹10,000.
You can choose a flexible maturity timeline ranging between 7 days and 10 years that matches your investment goal.
With an Axis Bank FD, you can:
You can book a digital deposit with Axis Bank in just 7 minutes through video KYC without paying any penalty for premature withdrawals.
A few other pros of an Axis Bank FD include:
As you start your investment, keep an eye on your current finances, too. If you need funds for the short term, you can rely on Fibe. With Fibe Instant Cash Loan, enjoy up to ₹5 lakhs with easy application and minimum documentation.
You can use these funds without any restrictions and repay with a comfortable tenure of up to 36 months. This allows you to manage your emergency and planned expenses easily. Apply now by downloading our Personal Loan App or visiting our website now!
Currently, you can enjoy a maximum 7.75% per annum interest rate for regular and 7.90% for senior citizens. You can check the current rates on the bank’s official website.
You can enjoy interest of 7% when you book a domestic deposit between 5-10 years for less than ₹3 crores.
While there is no upper limit for investing in an Axis Bank Fixed Deposit, you can only deposit up to ₹1.99 crores digitally.
Yes, it is generally considered safe for FD investment for the following reasons:
Here are some details of the Axis Bank fixed deposit rate:
Here are the details of the rates:
Yes, Axis Bank usually allows early withdrawal of fixed deposits. However, penalty charges or revised interest rates may apply. It’s best to check the exact terms and conditions for cancelling your fixed deposit.
Depending on your investment tenure, you can enjoy FD interest rates from 3.00% and 7.20% p.a. Additionally, senior citizens enjoy a 0.5% to 0.75% extra interest on their deposit. Thus, it is one of the best options for top banks in India.
