Axis Bank offers various Fixed Deposit (FD) schemes at competitive interest rates. Investing in an Axis bank FD comes with no risks as they are not linked to the market. The tenure of the FD account offered by Axis Bank ranges between 7 days and 10 years.
In case you want to calculate the maturity amount, you can use the FD calculator offered by BankBazaar or Axis Bank. The calculator helps in saving time and is simple to use.
The procedure to use the FD calculator offered by Axis Bank is mentioned below:
The procedure to use the FD calculator offered by BankBazaar is mentioned below:
The interest rates offered by Axis Bank for investments less than Rs.2 crore are mentioned below:
| Type of Tenure | Rate of Interest |
|---|---|
| 7 days – 14 days | 2.50% |
| 15 days - 29 days | 2.50% |
| 30 days - 45 days | 2.50% |
| 46 days - 60 days | 2.50% |
| 61 days – less than 3 months | 2.75% |
| 3 months – less than 4 months | 3.50% |
| 4 months – less than 5 months | 3.50% |
| 5 months – less than 6 months | 3.50% |
| 6 months – less than 7 months | 4.40% |
| 7 months – less than 8 months | 4.40% |
| 8 months – less than 9 months | 4.40% |
| 9 months – less than 10 months | 4.40% |
| 10 months – less than 11 months | 4.40% |
| 11 months – less than 11 months 25 days | 4.40% |
| 11 months 25 days – less than 1 year | 5.15% |
| 1 year – less than 1 year 5 days | 5.15% |
| 1 year 5 days – less than 1 year 11 days | 5.10% |
| 1 year 11 days – less than 1 year 25 days | 5.10% |
| 1 year 25 days – less than 13 months | 5.10% |
| 13 months – less than 14 months | 5.10% |
| 14 months – less than 15 months | 5.10% |
| 15 months – less than 16 months | 5.10% |
| 16 months – less than 17 months | 5.10% |
| 17 months – less than 18 months | 5.10% |
| 18 Months – less than 2 years | 5.25% |
| 2 years – less than 30 months | 5.40% |
| 30 months – less than 3 years | 5.40% |
| 3 years – less than 5 years | 5.40% |
| 5 years to 10 years | 5.50% |
The main benefits of using the Axis Bank FD calculator are mentioned below:
Yes, you can open an FD account online.
The minimum deposit that must be made towards an FD account is Rs.5,000.
The below-mentioned entities can open a Regular Fixed Deposit:
Yes, Axis Bank provides the premature withdrawal facility on its FDs.
The shortest tenure offered by Axis Bank on its FD account is 7 days.
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