Axis Bank New FD Rates
Axis Bank has increased interest rate by 25 basis points from 2.50 percent to 2.75 percent on fixed deposits maturing within 7 days to 29 days. Axis Bank is currently offering an interest rate of 3.25 percent on FDs maturing in 30 days to three months. Earlier this rate was only 3 percent. Also, Axis Bank has increased the interest rate on FDs from 3.50 percent to 3.75 percent for a period of 3 months to 6 months. Axis Bank has not made any change in interest on FDs with tenors of 6 months to 7 months and 7 months to 8 months. It offers 4.65 percent and 4.40 percent interest. The bank gives 4.65 percent interest on those maturing between 8 months to 9 months. Interest rates on FDs with a tenure of 9 months to one year remain at 4.75 percent. Axis Bank offers interest rates between 5.45 per cent and 5.75 per cent for FDs between one and ten years. Axis Bank has not changed these rates.
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Axis Bank FD Rates for Senior Citizens
Senior citizens will get 2.75 percent interest on deposits maturing within a period of 7 days to 29 days. Senior citizens will also get 3.25 percent interest on FDs maturing within 30 days to three months. The bank offers 3.75 percent interest on deposits of 3 months to six months and 4.90 percent interest on deposits of 6 months to 7 months to senior citizens. The bank is currently offering 4.65 percent interest on FDs with a tenure of 7 to 8 months and 4.90 percent on FDs with a tenure of 8 months to 9 months. Senior citizens get 5 percent interest on fixed deposits with tenor of 9 months to one year. Axis Bank offers interest between 6.20 per cent to 6.50 per cent for senior citizens for deposits of one to ten years.
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