Changes in interest rates for customers
Axis Bank changes the interest rates for its customers from time to time. Once again the bank has changed the interest rates for its customers which is effective from September 15, 2023.
According to the information received, the bank has made a change of up to 50 basis points (bps) on selected 10 FD tenures for amounts less than Rs 2 crore.
From Axis Bank website, the bank is offering interest rates ranging from 3% to 7.10% to the customers on tenure ranging from 7 days to 10 years.
Bank changed interest rates
The bank has reduced the rate of 3.50% to 3% by 50 bps on tenure from 7 days to 29 days. At the same time, the bank has increased the interest rate by 25 bps from 4% to 4.25% on tenure of 46 days to 60 days.
At the same time, the bank has also reduced the interest rate by 10 bps from 1 year 5 days to 15 months and increased it from 6.80 to 6.70 percent. The bank has reduced the interest rates by 5 bps from 6.75% to 6.70% on tenure from 1 year to 1 year 4 days.
This much interest rate is being received
The bank is now offering interest rate of 4.50% on deposits with maturity period from 61 days to three months and 4.75% on deposits with maturity period from 3 months to less than 6 months. Whereas deposits maturing in 6 to 9 months are getting the benefit of 5.75% interest rate and deposits maturing in 9 months to less than one year are getting the benefit of 6.00% interest rate.
6.70% interest rate on deposits maturing in one year, 5 days to less than 15 months, 7.10% interest rate on deposits maturing in 15 months to less than 30 months and 7% interest rate on deposits maturing from 5 years to 10 years. Getting benefit of.
