FD Rates: Axis Bank has changed the interest rates on fixed deposits. The bank has reduced FD rates of some tenures. However, the bank has also increased the interest rates on some tenures.
New Delhi. Private sector Axis Bank has changed the interest rates on fixed deposits i.e. FD. The bank has reduced FD rates of some tenures. However, the bank has also increased the interest rates on some tenures. The new FD rates of the bank have come into effect from 15 September 2023.
The bank has reduced the interest rate by 0.50 percent from 3.50 percent to 3 percent on tenure of 7 days to 29 days. Axis Bank has reduced the interest rate on FDs with tenure of 1 year, 5 days to 15 months by 0.10 percent to 6.70 percent. At the same time, the bank has reduced the interest rate on FDs with tenure of 1 year to 1 year and 4 days by 0.05 percent to 6.70 percent. The bank has reduced the interest rate on FD with tenure of 2 years by 0.10 percent.
Investors with tenure of 46-60 days benefit
The bank has increased the interest rate on FDs with tenure from 46 days to 60 days. The interest rate on this tenure has been increased by 0.25 percent to 4.25 percent.
Axis Bank FD Rates (Less than Rs 2 Crore)
- 7 days to 14 days: 3.00 percent
- 15 days to 29 days: 3.00 percent
- 30 days to 45 days: 3.50 percent
- 46 days to 60 days: 4.25 percent
- 61 days to less than 3 months: 4.50 percent
- 3 months to less than 4 months: 4.75 percent
- 4 months to less than 5 months: 4.75 percent
- 5 months to less than 6 months: 4.75 percent
- 6 months to less than 7 months: 5.75 percent
- 7 months to less than 8 months: 5.75 percent
- 8 months to less than 9 months: 5.75 percent
- 9 months to less than 10 months: 6.00 percent
- 10 months to less than 11 months: 6.00 percent
- 11 months to less than 11 months 25 days: 6.00 percent
- 11 months 25 days to less than 1 year: 6.00 percent
- 1 year to less than 1 year 4 days: 6.70 percent
- 1 year 5 days to less than 1 year 11 days: 6.70 percent
- 1 year 11 days to less than 1 year 24 days: 6.70 percent
- 1 year 25 days to less than 13 months: 6.70 percent
- 13 months to less than 14 months: 6.70 percent
- 14 months to less than 15 months: 6.70 percent
- 15 months to less than 16 months: 7.10 percent
- 16 months to less than 17 months: 7.10 percent
- 17 months to less than 18 months: 7.10 percent
- 18 months to less than 2 years: 7.10 percent
- 2 years to less than 30 months: 7.10 percent
- 30 months to less than 3 years: 7.10 percent
- 3 years to less than 5 years: 7.10 percent
- 5 years to 10 years: 7.00 percent
