Axis Bank FD Rates: Axis Bank (Axis Bank FD Rates) has increased the interest rates on FDs of less than Rs 2 crore. Bank has increased the interest on FD by 0.40%. Let’s know how much interest has been increased by the bank on FDs of how many periods.
Axis Bank FD Rates: Amid rising inflation, Axis Bank has given relief to its customers. Axis Bank (Axis Bank FD Rates) has increased the interest rates on FDs of less than Rs 2 crore. Bank has increased the interest on FD by 0.40%. These new interest rates have come into effect from Friday, March 10, 2023. Let us tell you, Axis Bank had increased the interest rates a few days back. After increasing the repo rate of RBI last month to control inflation, most of the banks are increasing the interest on their FDs.
According to the official website of Axis Bank, the bank has increased the interest rate on FDs of 13 months and less than two years by 40 basis points i.e. 0.40 percent. The bank has increased the interest on this from 6.75% to 7.15%. Bank Sabes is offering maximum interest of 7.26% on fixed deposits ranging from 2 years to 30 months. Let’s know how much interest has been increased by the bank on FDs of how many periods.
Interest rates have increased so much on FDs of less than Rs 2 crore
- 7 days to 14 days: 3.50% for general public; 3.50% for senior citizens
- 15 days to 29 days: 3.50% for general public; 3.50% for senior citizens
- 30 days to 45 days: 3.50% for general public; 3.50% for senior citizens
- 46 days to 60 days: 4.00% for general public; 4.00 % for senior citizens
- 61 days to less than 3 months: 4.50% for general public; 4.50% for senior citizens
- 3 months to less than 4 months: 4.75% for general public; 4.75% for senior citizens
- 4 months to less than 5 months: 4.75% for general public; 4.75% for senior citizens
- 5 months to less than 6 months: 4.75% for general public; 4.75% for senior citizens
- 6 months to less than 7 months: 5.75% for general public; 6.00 % for senior citizens
- 7 months to less than 8 months: 5.75% for general public; 6.00 % for senior citizens
- 8 months to less than 9 months: 5.75% for general public; 6.00 % for senior citizens
- 9 months to less than 10 months: 6.00 % for general public; 6.25% for senior citizens
- 10 months to less than 11 months: 6.00 % for general public; 6.25% for senior citizens
- 11 months to less than 11 months 25 days: 6.00 % for general public; 6.25% for senior citizens
- 11 months 25 days to less than 1 year: 6.00 % for general public; 6.25% for senior citizens
- 1 year to less than 1 year 4 days: 6.75 % for general public; 7.50% for senior citizens
- 1 year 5 days to less than 1 year 11 days: 6.75 % for general public; 7.50% for senior citizens
- 1 year 11 days to less than 1 year 24 days: 6.75 % for general public; 7.50% for senior citizens
- 1 year 25 days to less than 13 months: 7.10 % for general public; 7.85% for senior citizens
- 13 months to less than 14 months: 7.15% for general public; 7.90 % for senior citizens
- 14 months to less than 15 months: 7.15% for general public; 7.90 % for senior citizens
- 15 months to less than 16 months: 7.15% for general public; 7.90 % for senior citizens
- 16 months to less than 17 months: 7.15% for general public; 7.90 % for senior citizens
- 17 months to less than 18 months: 7.15% for general public; 7.90 % for senior citizens
- 18 months to less than 2 years: 7.15 per cent for general public; 7.90 % for senior citizens
- 2 years to less than 30 months: 7.26 per cent for general public; 8.01 % for senior citizens
- 30 months to less than 3 years: 7.00 % for general public; 7.75% for senior citizens
- 3 years to less than 5 years: 7.00 % for general public; 7.75% for senior citizens
- 5 years to 10 years: 7.00% for general public; 7.75% for senior citizens.
