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HomePersonal FinanceAxis Bank changes FD interest rates, new rates are applicable from today,...

Axis Bank changes FD interest rates, new rates are applicable from today, check…

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Axis Bank FD Interest Rates- Axis Bank has changed the interest rates on fixed deposits from 7 days to 10 years.


New Delhi. Axis Bank has changed the interest rates on Fixed Deposit (FD) from 7 days to 10 years. The bank recently revised the new interest rates for its domestic fixed deposits and NRI fixed deposits. According to the information given on the official website of Axis Bank, the revised interest rates of Axis Bank are effective from September 9, 2021 i.e. from today.

For FD in bank if you choose online mode then the minimum deposit amount with the bank should be Rs 5,000 and if you want to do it through your nearest branch then it should be at least Rs 10,000. The new interest rates for regular customers range from 2.50 percent to 5.75 percent. Senior citizens holding domestic FD accounts will be able to get FD at an interest rate of 2.50 percent to 6.50 percent. For NRI customers, the interest rates have now been increased from 5.10 percent to 5.75 percent for accounts of less than Rs 5 crore.

New interest rates on Axis Bank FDs (below ₹5 crore) from September 9, 2021:
2.50 percent interest on FD for 7 days to 14 days
2.50 percent interest on FD for 15 days to 29 days
3% interest on FD for 30 days to 45 days
3% interest on FD for 46 days to 60 days
61 days < 3 months – 3%
3 months < 4 months – 3.5%
4 months < 5 months – 3.5%
5 months < 6 months – 3.5%
6 months < 7 months – 4.40%
7 months < 8 months – 4.40%
8 months < 9 months – 4.40%
9 months < 10 months – 4.40%
10 months < 11 months – 4.40%
11 months < 11 months 25 days – 4.40%
11 months 25 days < 1 year – 4.40%
1 year < 1 year 5 days – 5.10%
1 year 5 days < 1 year 11 days – 5.15%
1 year 11 days < 1 year 25 days – 5.10%
1 year 25 days < 13 months – 5.10%
13 months < 14 months – 5.10%
14 months < 15 months – 5.10%
15 months < 16 months – 5.10%
16 months < 17 months – 5.10%
17 months < 18 months – 5.10%
18 months < 2 years – 5.25%
2 years < 30 months – 5.50%
3 years < 5 years – 5.40%
5 years to 10 years – 5.75%
1 year 25 days < 13 months – 5.10%
13 months < 14 months – 5.10%
14 months < 15 months – 5.10%
15 months < 16 months – 5.10%
16 months < 17 months – 5.10%
17 months < 18 months – 5.10%
18 months < 2 years – 5.25%
2 years < 30 months – 5.50%
3 years < 5 years – 5.40%
5 years to 10 years – 5.75%


Higher interest to senior citizens
Axis Bank offers higher interest to senior citizens on select maturities. Senior citizens will get an interest rate of 2.5 percent to 6.50 percent on deposits maturing in 7 days to 10 years.

 

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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