Axis Bank Cuts FD Interest Rates, Now Offers Up To 7.95% On Fixed Deposits; Check Latest Rates

Check the latest FD interest rates of Axis Bank.

Check the latest FD interest rates of Axis Bank.

Axis Bank now offers FD interest rates ranging from 3.5 percent to 7.20 percent for tenures ranging from 7 days to 10 years

Even as the RBI was hiking rates since May last year, banks also raised their interest rates on both deposits and loans. Several banks, including HDFC Bank, Axis Bank and SBI, increased their interest rate offers by several folds to pass on the rate hike to customers. Now, after the RBI ended the rate hike cycle earlier this month by maintaining status quo on the repo rate, Axis Bank has FD interest rate On certain tenures, mainly on those offering the highest interest.

Now, Axis Bank offers FD interest rates between 3.5 per cent and 7.20 per cent for tenures ranging from 7 days to 10 years.

The revised interest rates on fixed deposits below Rs 2 crore in Axis Bank with effect from April 21, 2023 are as follows:

7 days to 14 days: 3.50 per cent for general public; 3.50 percent for senior citizens

Day 15 to Day 29: 3.50 per cent for general public; 3.50 percent for senior citizens

30 days to 45 days: 3.50 per cent for general public; 3.50 percent for senior citizens

46 days to 60 days: 4.00 per cent for general public; 4.00 percent for senior citizens

61 days to less than 3 months: 4.50 per cent for general public; 4.50 percent for senior citizens

3 months to less than 4 months: 4.75 per cent for general public; 4.75 percent for senior citizens

4 months to less than 5 months: 4.75 per cent for general public; 4.75 percent for senior citizens

5 months to less than 6 months: 4.75 per cent for general public; 4.75 percent for senior citizens

6 months to less than 7 months: 5.75 per cent for general public; 6.00 percent for senior citizens

7 months to less than 8 months: 5.75 per cent for general public; 6.00 percent for senior citizens

8 months to less than 9 months: 5.75 per cent for general public; 6.00 percent for senior citizens

9 months to less than 10 months: 6.00 per cent for general public; 6.25 percent for senior citizens

10 months to less than 11 months: 6.00 per cent for general public; 6.25 percent for senior citizens

11 months to less than 11 months 25 days: 6.00 per cent for general public; 6.25 percent for senior citizens

11 months 25 days to less than 1 year: 6.00 per cent for general public; 6.25 percent for senior citizens

1 year to less than 1 year 4 days: 6.80 per cent for general public; 7.55 percent for senior citizens

Less than 1 year 5 days to 1 year 11 days: 6.80 per cent for general public; 7.55 percent for senior citizens

Less than 1 year 11 days to 1 year 24 days: 6.80 per cent for general public; 7.55 percent for senior citizens

Less than 1 year 25 days to 13 months: 7.10 per cent for general public; 7.85 percent for senior citizens

13 months to less than 14 months: 7.15 per cent for general public; 7.90 percent for senior citizens

14 months to less than 15 months: 7.15 per cent for general public; 7.90 percent for senior citizens

15 months to less than 16 months: 7.15 per cent for general public; 7.90 percent for senior citizens

16 months to less than 17 months: 7.15 per cent for general public; 7.90 percent for senior citizens

17 months to less than 18 months: 7.15 per cent for general public; 7.90 percent for senior citizens

18 months to less than 2 years: 7.15 per cent for general public; 7.90 percent for senior citizens

2 years to less than 30 months: 7.20 per cent for general public; 7.95 percent for senior citizens

30 months to less than 3 years: 7.00 per cent for general public; 7.75 percent for senior citizens

3 years to less than 5 years: 7.00 per cent for general public; 7.75 percent for senior citizens

5 Years to 10 Years: 7.00 per cent for general public; 7.75 per cent for senior citizens.

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