Axis Bank FD Interest Rates: Axis Fixed Deposit Rates on 13 Jan 2023
Axis Bank FD Interest Rates: Axis Bank has changed the interest rates on domestic FDs. According to the official website of the bank, the new rates are effective from 1 October 2022.
After increasing the repo rate by 50 basis points by the Reserve Bank, now the new repo rate has become 5.90 percent. Due to this, banks have increased the rates of interest on their FDs.
Axis Bank FD Interest Rates: For General Citizens
Domestic rates for deposits of less than Rs.5 crore
Tenure
Below Rs.2 crore
Rs.2 crore to less than Rs.2.30 crore
Rs.2.30 crore to less than Rs.2.40 crore
Rs.2.40 crore to less than Rs.4.91 crore
Rs.4.91 crore to less than Rs.4.92 crore
Rs.4.92 crore to less than Rs.5 crore
7 days to 14 days
3.50
4.80
4.50
4.80
4.50
4.80
15 days to 29 days
3.50
5.00
4.50
5.00
4.50
5.00
30 days to 45 days
3.50
5.25
4.50
5.25
4.50
5.25
46 days to 60 days
4.00
6.25
4.50
6.25
4.50
6.25
61 days < 3 months
4.50
6.25
4.50
6.25
4.50
6.25
3 months < 4 months
4.75
6.35
4.50
6.35
4.50
6.35
4 months < 5 months
4.75
6.35
4.50
6.35
4.50
6.35
5 months < 6 months
4.75
6.35
4.50
6.35
4.50
6.35
6 months < 7 months
5.75
6.50
4.50
6.50
4.50
6.50
7 months < 8 months
5.75
6.50
4.50
6.50
4.50
6.50
8 months < 9 months
5.75
6.50
4.50
6.50
4.50
6.50
9 months < 10 months
6.00
6.65
4.75
6.65
4.75
6.65
10 months < 11 months
6.00
6.65
4.75
6.65
4.75
6.65
11 months to 11 months 24 days
6.00
6.65
4.75
6.65
4.75
6.65
11 months 25 days < 1 year
6.00
6.65
4.75
6.65
4.75
6.65
1 year to 1 year 4 days
6.75
7.25
4.75
7.25
4.75
7.25
1 year 5 days to 1 year 10 days
6.75
7.25
4.75
7.25
4.75
7.25
1 year 11 days to 1 year 24 days
6.75
7.25
4.75
7.25
4.75
7.25
1 year 25 days < 13 months
7.10
7.25
4.75
7.25
4.75
7.25
13 months < 14 months
6.75
7.25
4.75
7.25
4.75
7.25
14 months < 15 months
6.75
7.25
4.75
7.25
4.75
7.25
15 months < 16 months
6.75
7.25
4.75
7.25
4.75
7.25
16 months < 17 months
6.75
7.25
4.75
7.25
4.75
7.25
17 months < 18 months
6.75
7.25
4.75
7.25
4.75
7.25
18 Months < 2 years
6.75
7.25
4.75
7.25
4.75
7.25
2 years < 30 months
7.26
7.00
4.75
7.00
4.75
7.00
30 months < 3 years
7.00
7.00
4.75
7.00
4.75
7.00
3 years < 5 years
7.00
7.00
4.75
7.00
4.75
7.00
5 years to 10 years
7.00
7.00
4.75
7.00
4.75
7.00
Axis Bank Fixed Deposit Interest Rates: For Senior Citizens
Domestic rates for deposits of less than Rs.5 crore
Tenure
Below Rs.2 crore
Rs.2 crore to less than Rs.2.30 crore
Rs.2.30 crore to less than Rs.2.40 crore
Rs.2.40 crore to less than Rs.4.91 crore
Rs.4.91 crore to less than Rs.4.92 crore
Rs.4.92 crore to less than Rs.4 crore
7 days to 14 days
3.50
4.80
4.50
4.80
4.50
4.80
15 days to 29 days
3.50
5.00
4.50
5.00
4.50
5.00
30 days to 45 days
3.50
5.25
4.50
5.25
4.50
5.25
46 days to 60 days
4.00
6.25
4.50
6.25
4.50
6.25
61 days < 3 months
4.50
6.25
4.50
6.25
4.50
6.25
3 months < 4 months
4.75
6.35
4.50
6.35
4.50
6.35
4 months < 5 months
4.75
6.35
4.50
6.35
4.50
6.35
5 months < 6 months
4.75
6.35
4.50
6.35
4.50
6.35
6 months < 7 months
6.00
6.75
4.75
6.75
4.75
6.75
7 months < 8 months
6.00
6.75
4.75
6.75
4.75
6.75
8 months < 9 months
6.00
6.75
4.75
6.75
4.75
6.75
9 months < 10 months
6.25
6.90
5.00
6.90
5.00
6.90
10 months < 11 months
6.25
6.90
5.00
6.90
5.00
6.90
11 months to 11 months 24 days
6.25
6.90
5.00
6.90
5.00
6.90
11 months 25 days < 1 year
6.25
6.90
5.00
6.90
5.00
6.90
1 year to 1 year 4 days
7.50
8.00
5.50
8.00
5.50
8.00
1 year 5 days to 1 year 10 days
7.50
8.00
5.50
8.00
5.50
8.00
1 year 11 days to 1 year 24 days
7.50
8.00
5.50
8.00
5.50
8.00
1 year 25 days < 13 months
7.85
8.00
5.50
8.00
5.50
8.00
13 months < 14 months
7.50
8.00
5.50
8.00
5.50
8.00
14 months < 15 months
7.50
8.00
5.50
8.00
5.50
8.00
15 months < 16 months
7.50
8.00
5.50
8.00
5.50
8.00
16 months < 17 months
7.50
8.00
5.50
8.00
5.50
8.00
17 months < 18 months
7.50
8.00
5.50
8.00
5.50
8.00
18 Months < 2 years
7.50
8.00
5.50
8.00
5.50
8.00
2 years < 30 months
8.01
7.75
5.50
7.75
5.50
7.75
30 months < 3 years
7.75
7.75
5.50
7.75
5.50
7.75
3 years < 5 years
7.75
7.75
5.50
7.75
5.50
7.75
5 years to 10 years
7.75
7.75
5.50
7.75
5.50
7.75
Axis Bank Tax Saving FD Interest Rates
Axis Bank offers the Tax Saving FD at an attractive interest rate and a tenure of five years. The minimum and maximum amounts that can be deposited are Rs.100 and Rs.1.5 lakh, respectively. Currently, the bank offers an interest rate of 7.00% p.a.
Axis Bank NRI FD Rates
Axis Bank NRE FD Rates (Less the Rs.2 crore)
Tenure
Rate of Interest (p.a.)
1 year to 1 year 4 days
6.75%
1 year 5 days to 1 year 10 days
6.75%
1 year 11 days to 1 year 24 days
6.75%
1 year 25 days to less than15 months
6.75%
15 months to less than 18 months
6.75%
18 Months to less than 2 years
6.75%
2 years to less than 30 months
7.26%
30 months to less than 3 years
7.00%
3 years to less than 5 years
7.00%
5 years to 10 years
7.00%
Axis Bank NRO FD Rates (Less the Rs.2 crore)
Tenure
Rate of Interest (p.a.)
7 days to 45 days
3.50%
46 days to 60 days
4.00%
61 days to less than 3 months
4.50%
3 months to less than 6 months
4.75%
6 months to less than 9 months
5.75%
9 months to less than 1 year
6.00%
1 year to less than 1 year 11 days
6.75%
1 year 11 days to less than 1 year 25 days
6.75%
1 year 25 days to less than 13 months
7.10%
13 months to less than 15 months
6.75%
15 months to less than 18 months
6.75%
18 months to less than 2 years
6.75%
2 years to less than 30 months
7.26%
30 months to less than 3 years
7.00%
3 years to less than 5 years
7.00%
5 years to 10 years
7.00%
Axis Bank FCNR FD Rates
Tenure
CAD
AUD
EURO
GBP
USD
1 year to less than 2 years
3.50
3.35
0.01
3.75
5.50
2 years to less than 3 years
3.50
3.75
0.01
3.25
4.50
3 years to less than 4 years
3.45
3.80
0.01
2.45
3.60
4 years to less than 5 years
3.35
4.00
0.01
2.45
3.35
5 years
3.30
4.05
0.01
2.45
3.30
Note: The interest rates mentioned in the table are effective from 10 January 2023.
Features and Benefits of Axis Bank Fixed Deposits
FDs are offered at attractive interest rates.
In case you open the FD via the mobile app or internet banking, Rs.5,000 must be the initial deposit.
In case you open the FD by visiting the bank, Rs.10,000 must be the initial deposit.
The process to open an FD account is easy and can be completed online.
The tenure of the FD ranges between seven days and ten years.
