Axis Bank has revised the interest rates for fixed deposits (FD) of less than 2 crores. The bank said that the revision in FD interest rates is being made effective from 26 July 2023.
y, the bank has revised the interest rates of Fixed Deposit (FD) of less than 2 crores. The new interest rates have come into effect from July 26, 2023. The bank has cut the interest rate of select FD schemes by 10 basis points (0.10 per cent). It is worth noting that Axis Bank is paying interest at the rate of 3.50-7.10 per cent per annum on FDs ranging from 7 days to 10 years.
Axis Bank interest rates on FDs below Rs 2 crore
7 days to 14 days: 3.50 per cent 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 per cent for senior citizens
3 months to less than 4 months: 4.75 per cent 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 percent for senior citizens
6 months to less than 7 months: 5.75 per cent for general public; 5.75% 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 per cent for senior citizens
10 months to less than 11 months: 6.00 per cent for general public; 6.25 per cent for senior citizens
11 months to less than 11 months 25 days: 6.00 per cent 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 percent for senior citizens
1 year 5 days to less than 1 year 11 days: 6.80 per cent for general public; 7.50 per cent for senior citizens
1 year 11 days to less than 1 year 24 days: 6.80 per cent for general public; 7.50 per cent for senior citizens
1 year 25 days to less than 13 months: 6.80 per cent for general public; 7.85 per cent for senior citizens
13 months to less than 14 months: 7.10 per cent for general public; 7.85 per cent for senior citizens
14 months to less than 15 months: 7.10 per cent for general public; 7.85 per cent for senior citizens
15 months to less than 16 months: 7.10 per cent for general public; 7.85 per cent for senior citizens
16 months to less than 17 months: 7.20 per cent for general public; 7.85 per cent for senior citizens
17 months to less than 18 months: 7.10 per cent for general public; 7.85 percent for senior citizens
18 months to less than 2 years: 7.10 per cent for general public; 7.85 per cent for senior citizens
2 years to less than 30 months: 7.05 per cent for general public; 8.01 per cent for senior citizens
30 months to less than 3 years: 7.00 per cent 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 percent for senior citizens
