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Axis Bank Revises Fixed Deposit Interest Rates, Check Latest FD Rates Here

Axis Bank has revised interest rates with effect from May 6, 2021 on fixed deposits (FDs). Ranging from 7 days to 10 years, Axis Bank offers FDs across different tenures. The bank is offering an interest rate of 2.50% on FDs with maturity between 7 days and 29 days, 3% for those between 30 days and less than 3 months, 3.5% for FDs between 3 months and less than 6 months. For FDs maturing in six months to less than 11 months 25 days, the bank gives a 4.40% interest rate.

Check revised rates with effect from May 6, 2021:

For 7 days to 14 days: 2.50 % interest

15 days to 29 days: 2.50%

30 days to 45 days: 3%

46 days to 60 days:  3%

61 days 3 months: 3%

3 months 4 months: 3.5%

4 months 5 months: 3.5%

5 months 6 months: 3.5%

6 months 7 months: 4.40%

7 months 8 months:  4.40%

8 months 9 months:  4.40%

9 months 10 months: 4.40%

10 months 11 months: 4.40%

11 months 11 months 25 days:  4.40%

11 months 25 days 1 year:  4.40%

1 year 1 year 5 days: 5.10%

1 year 5 days 1 year 11 days: 5.15%

1 year 11 days 1 year 25 days: 5.10%

1 year 25 days 13 months: 5.10%

13 months 14 months: 5.10%

14 months 15 months: 5.10%

15 months 16 months: 5.20%

16 months 17 months: 5.20%

17 months 18 months: 5.20 %

18 months 2 years: 5.25%

2 years 30 months: 5.40%

30 months 3 years: 5.40%

3 years 5 years: 5.40%

5 years to 10 years : 5.75%

The bank offers a higher rate to senior citizens on select maturities. Senior citizens will get an interest rate ranging from 2.5% to 6.50% on deposits maturing in 7 days to 10 years.

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Source: News18