As of September 20, 2022, Axis Bank’s Fixed deposit rates have changed. The bank is offering rates on FDs under 2 crore rupees that reach from 2.75% to 5.75%. While for senior residents, the rate goes from 2.75 to 6.50%. At Axis Bank, FDs are accessible with a base tenure of 7 days and a greatest residency of 10 years. The rates on mass FDs from 2 crore to 100 crore or more have additionally been amended.
Check the refreshed rates for FD under Rs. 2 crore:
General class
The most elevated rate presented by Axis Bank for FDs under Rs. 2 crore in the overall class is 5.75% for terms of 1 year, 11 days to 1 year, 25 days, and 5 years to 10 years.
It offers a 5.70% rate on FDs with tenures of two years to under five years, and a 5.60% rate on FDs with tenures of one year and 25 days to under two years. 5.45% is the rate for tenure of one year to short of what one year and 11 days. Moreover, the rate is 4.75% for tenures of 9 months to under a year.
Axis Bank’s rate is 4.65% on residencies from a half year to under 9 months, while the interest rate is 3.75% on tenures going from 90 days to under a half year. The rate is 3.25% on 30 days to under 90 days tenure, and the rate is 2.75% on 7 days to 29 days tenure.
Senior resident
Axis bank offers the most elevated pace of 6.50% on 1 year 11 days < 1 year 25 days, and 5 years to 10 years tenure, on FDs beneath Rs. 2 crore. The rate is 6.45% for a considerable length of time to under 5 years. Further, the rate is 6.35% on tenures beginning 1 year 25 days to under 2 years.
The bank offers a 6.20% rate on 1 year to under 1 year and 11 days residency, while the rate is 5% on 9 months to under 1-year residencies.
From a half year to under nine months of tenure, the rate is 4.90%. Also, the rate is 3.75% for tenures of 3 to under a half year.
Axis FD rates range from 3.25% for tenures under 90 days to 30 days.
Axis offers a 2.75% interest rate on the credit with the most brief term, which goes from 7 to 29 days.
