Axis Bank FD: The private sector bank Axis has modified the interest rates for fixed deposits. The revised interest rates for amounts over Rs 5 crore have taken effect today, December 4. The bank had altered the interest rates for fixed deposits under Rs 3 crore just last month.

The bank is providing interest rates between 3% and 7.25% on fixed deposits below Rs 3 crore for the general public. The interest rate for elderly individuals ranges from 3.50% to 7.75%. The bank is providing interest rates ranging from 4.75% to 7.30% to the general public on term deposits exceeding Rs 5 crore. Axis Bank is providing appealing interest rates on a one-year fixed deposit. For investments under Rs 3 crore, regular citizens receive 6.70% interest while senior citizens earn 7.20% interest.

An interest rate of 7.80%

For an investment ranging from Rs 5 crore to Rs 10 crore, an interest rate of 7.80% is offered. Kindly be aware that the bank is providing an additional 0.50% interest to senior citizens on fixed deposits below Rs 3 crore. However, this option is not available for investments exceeding Rs 5 crore.

FD interest rates according to tenure

  • From 14 days- 3%
  • 15 to 29 days – 3%
  • 30 to 45 days – 3.50%
  • 46 to 60 days – 4.25%
  • 61 days to less than 3 months – 4.50%
  • 3 months to 3 months 24 days – 4.75%
  • 3 months 25 days to less than 4 months – 4.75%
  • 4 months to less than 5 months – 4.75%
  • 5 months to less than 6 months – 4.75%
  • 6 months to less than 7 months – 5.75%
  • 7 months to less than 8 months – 5.75%
  • 8 months to less than 9 months – 5.75%
  • 9 months to less than 10 months – 6%
  • 10 months to less than 11 months – 6%
  • 11 months to 11 months 24 days – 6%
  • 11 months 25 days to less than 1 year – 6%
  • 1 year to 1 year 4 days – 6.70%
  • 1 year 5 days to 1 year 10 days – 6.70%
  • 1 year 11 days to 1 year 24 days – 6.70%
  • 1 year 25 days to less than 13 months – 6.70%
  • 13 months to less than 14 months – 6.70%
  • 14 months to less than 15 months – 6.70%
  • 15 months to less than 16 months – 7.25%
  • 16 months to less than 17 months – 7.25%
  • 17 months to less than 18 months – 7.25%
  • 18 months to less than 2 years – 7.25%
  • 2 years to less than 30 months – 7.10%
  • 30 months to less than 3 years – 7.10%
  • 3 years to less than 5 years – 7.10%
  • 5 years to 10 years – 7%

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