Axis Bank Hikes FD Rates: The country’s largest private sector Axis Bank (Axis Bank FD Rates) has decided to increase the interest rates on the Fixed Deposit Scheme. The bank has decided to pay higher interest on FDs ranging from 7 days to 10 years. Let us know the latest rates (Axis FD Latest Rate).
FD Rate Hike: Before Diwali, Axis Bank has given a wonderful gift to its customers. Axis Bank, the leading private sector bank, has again given a good news to the customers. If you have an account with Axis Bank, then this news can be of use to you. Axis Bank has again increased the interest rate of fixed deposits. This time this increase has been made to 0.75 percent.
Bumper hike on FD
Axis Bank has announced an increase in its FD Rates Hike. Axis Bank Fixed Deposit Rate has implemented the increased interest rates from 14 October 2022. Let’s know the latest rates.
Bank gave information
According to the information given by the bank, the bank has changed the interest rates on FDs less than Rs 2 crore. The bank is paying higher interest on FDs with tenures ranging from 7 days to 10 years. This decision of the bank will benefit the customers a lot, because Axis is a major private bank in the country.
Know the new interest rates of Axis Bank
- The common customer will get 3.50 percent interest on FDs of 7 days to 60 days.
- The common customer will get 4.25 percent interest on the FD of 61 days to 6 months.
- For the period from 6 months to 1 year, the common customer will get 5.00 percent interest.
- Interest of 6.10 percent will be available on FD of 1 year to 15 months.
- Interest of 6.15 percent will be available on FDs of less than 2 years.
- The maximum interest on FDs of 2 years to 3 years will be 6.20 percent interest.
- Interest of 6.10 percent will be available on FDs ranging from 3 years to 10 years.
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