Axis Bank Revises Interest Rates On Fixed Deposit, Check New Rates Here
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oi-Vipul Das
Axis Bank, a leading private sector lender, has adjusted interest rates on fixed deposits (FDs) with effect from June 22, 2021. Axis Bank provides FDs with terms ranging from 7 days to 10 years. Axis Bank is providing a 2.50 per cent interest rate on FDs maturing between 7 and 29 days, a 3 per cent interest rate on FDs maturing between 30 days and less than 3 months, and a 3.5 per cent interest rate on FDs maturing between 3 months and less than 6 months. After the most recent adjustment, Axis Bank offers a 4.40 per cent interest rate on FDs maturing in six months to less than one year. For fixed deposits, maturing in 1 year to less than 1 year 5 days, the bank is now offering an interest rate of 5.10%.
Whereas, an interest rate of 5.15% is provided by the bank on deposits maturing in 1 year 5 days to less than 1 year 11days. On FDs maturing in 1 year 11days to less than 1 year 25days and 17 months to less than 18 months, the bank is now promising an interest rate of 5.10% after the most recent revision. An interest rate of 5.25% on deposits maturing in 18 months and less than 2 years is currently being provided by the bank. Axis Bank provides a 5.40 per cent interest rate on deposits maturing in 2 to 5 years, and a 5.75 per cent interest rate on deposits maturing in 5 to 10 years, after the recent revision.
Axis Bank FD Rates
Below are the latest fixed deposit interest rates of Axis Bank for a deposit amount of less than Rs 2 Cr:
| Tenure | Regular FD Rates | Senior Citizen FD Rates |
|---|---|---|
| 7 days to 14 days | 2.50% | 2.50% |
| 15 days to 29 days | 2.50% | 2.50% |
| 30 days to 45 days | 3.00% | 3.00% |
| 46 days to 60 days | 3.00% | 3.00% |
| 61 days to less than 3 months | 3.00% | 3.00% |
| 3 months to less than 4 months | 3.50% | 3.50% |
| 4 months to less than 5 months | 3.50% | 3.50% |
| 5 months to less than 6 months | 3.50% | 3.50% |
| 6 months to less than 7 months | 4.40% | 4.65% |
| 7 months to less than 8 months | 4.40% | 4.65% |
| 8 months to less than 9 months | 4.40% | 4.65% |
| 9 months to less than 10 months | 4.40% | 4.65% |
| 10 months to less than 11 months | 4.40% | 4.65% |
| 11 months to less than 11 months 25 days | 4.40% | 4.65% |
| 11 months 25 days to less than 1 year | 4.40% | 4.65% |
| 1 year to less than 1 year 5 days | 5.10% | 5.75% |
| 1 year 5 days to less than 1 year 11 days | 5.15% | 5.80% |
| 1 year 11 days to less than 1 year 25 days | 5.10% | 5.75% |
| 1 year 25 days to less than 13 months | 5.10% | 5.75% |
| 13 months to less than 14 months | 5.10% | 5.75% |
| 14 months to less than 15 months | 5.10% | 5.75% |
| 15 months to less than 16 months | 5.10% | 5.75% |
| 16 months to less than 17 months | 5.10% | 5.75% |
| 17 months to less than 18 months | 5.10% | 5.75% |
| 18 Months to less than 2 years | 5.25% | 5.90% |
| 2 years to less than 30 months | 5.40% | 6.05% |
| 30 months to less than 3 years | 5.40% | 5.90% |
| 3 years to less than 5 years | 5.40% | 5.90% |
| 5 years to 10 years | 5.75% | 6.50% |
| Source: Axis Bank, W.e.f 22.06.2021 |
Story first published: Saturday, June 26, 2021, 16:57 [IST]
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