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Axis Bank Fixed Deposit(FD) Rates

and 2 other FDs

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Deposit Amount Range

Tenure Range

Interest Rate

Details

Up to ₹1Cr

7 Days to 10 Years

3.5% - 7.55% Quarterly compounding

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NRI - FD Details

Up to ₹1Cr

1 Year to 10 Years

6.75% - 6.90% Quarterly compounding

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Up to ₹25L

1 Year to 5 Years

7.75% - 8.6% Monthly compounding

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Up to ₹25L

1 Year to 5 Years

7.49% - 8.28% Monthly compounding

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Axis Bank Fixed Deposit(FD) Rates is Rated as "Excellent!" by 96 Users

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Axis Bank Fixed Deposit(FD) Rates

Axis Bank is one of the largest and well-known private banks in India that offers all types of financial products and services. The bank also offers different types of fixed deposit (FD) schemes such as the regular FD scheme, Tax-Saver FD, Fixed Deposit Plus, and Encash 24. Axis Bank fixed deposit interest rates are on par with industry rates. An FD is a type of term deposit account in which a lump sum is invested for a selected tenure. The highest FD rate paid is 7.40% p.a. for 12 months 5 days to less than 12 months 11 day. For the same time period, senior citizens can get the highest interest rate of 8.05% p.a. The interest rate range for regular deposit holders is from 3.50% p.a. to 7.40% p.a. For senior citizens, the interest rate range if from 3.50% p.a. to 8.05%.

Given below are the latest/revised Axis Bank fixed deposit interest rates for regular and senior citizens with effect from June 1, 2018:

Tenure	Regular FD Rate (per annum)	Senior Citizen FD Rate (per annum)
7 days to 29 days	3.50%	3.50%
30 days to 45 days	5.50%	5.50%
46 days to less than 6 months	6.00%	6.00%
6 months to less than 9 months	6.25%	6.50%
9 months to less than 1 year	6.50%	6.75%
1 year to less than 12 months 5 days	7.10%	7.75%
12 months 5 days to less than 12 months 11 days	7.10%	7.75%
12 months 11 days to less than 14 months	7.10%	7.75%
14 months to less than 30 months	7.00%	7.65%
30 months to 10 years	7.00%	7.50%

*The above rates are applicable for deposits that are of less than Rs.1 crore

Amount	Duration	How to open	Transfer
Rs.5000 - No Maximum Limit	7 days - 10 years	Can open from anywhere through net banking	Money can be seamlessly transferred from savings account to FD account

Axis Bank short-term FD rates

Short-term time deposits pay interest anywhere from a minimum of 3.50% p.a to 6.50% p.a.
The period of investment begins from 7 days and can go up to less than 12 months.
The highest-paying option here is for 9 months to less than 1 year slot, which comes at 6.50% p.a.
For 46 days to less than 6 months, the applicable interest rate is 6.00% p.a.

Minimum and Maximum Axis bank fd interest rates 2018 for Regular and Senior Citizen

Axis bank FD Rates

Axis Bank medium-term and long-term FD rates

The interest rate for Axis Bank medium and long-term deposits begin from 7.00% p.a. and go up till 7.40% p.a.
The most well-paid tenure is 12 months 5 days to less than 12 months 11 days, which will fetch the investor an interest rate of up to 7.40% p.a.
Those who set aside a lump sum for a duration that is from 1 year to less than 12 months 5 days, will get 7.10% p.a.
All long-term deposits will give the investor up to 7.00% p.a.

Axis Bank senior citizen FD rates

A higher rate card is applied for senior citizen interest rates in Axis Bank on tenures that are from 6 months and above.
A person who is of 60 years of age or more can easily get 8.05% p.a. by opening an deposit for 12 months 5 days to less than 12 months 11 days, which is the most lucrative slot.
For any investment that is made for 1 year or more, people who belong to this category will get paid more than 7.00% p.a.
An interest rate of 7.75% p.a. is paid for 1 year to less than 12 months 5 days and also for 12 months 11 days to less than 14 months.

Axis Bank FD Rates: Rs.1 Crore - Less than Rs.5 Crore

Tenure	Regular FD Rate (per annum)	Senior Citizen FD Rate (per annum)
7 days to 29 days	5.50%	5.50%
30 days to 45 days	6.00%	6.00%
46 days to 60 days	6.30%	6.30%
61 days to less than 3 months	6.50%	6.50%
3 months to less than 6 months	6.75%	6.75%
6 months to less than 1 year	6.90%	7.15%
1 year to less than 14 months	7.30%	7.95%
14 months to less than 30 months	7.25%	7.90%
30 months to less than 3 years	7.25%	7.75%
3 years to 10 years	7.00%	7.50%

Axis Bank FD Interest Rates: Rs.5 Crore - Less than Rs.10 Crore

Tenure	Regular FD Rate (per annum)	Senior Citizen FD Rate (per annum)
7 days to 29 days	5.75%	NA
30 days to 45 days	6.00%	NA
46 days to 60 days	6.30%	NA
61 days to less than 3 months	6.50%	NA
3 months to less than 6 months	6.75%	NA
6 months to less than 1 year	7.10%	NA
1 year to less than 3 years	7.90%	NA
3 years to 10 years	7.00%	NA

Axis Bank Fixed Deposit Rate: Rs.10 Crore - Less than Rs.25 Crore

Tenure	Regular FD Rate (per annum)	Senior Citizen FD Rate (per annum)
7 days to 29 days	5.75%	NA
30 days to 45 days	6.00%	NA
46 days to 60 days	6.30%	NA
61 days to less than 3 months	6.50%	NA
3 months to less than 6 months	7.10%	NA
6 months to less than 1 year	7.25%	NA
1 year to less than 3 years	7.90%	NA
3 years to 10 years	7.00%	NA

Axis Bank FD Interest Rates: Rs.25 Crore - Less than Rs.50 Crore

Tenure	Regular FD Rate (per annum)	Senior Citizen FD Rate (per annum)
7 days to 29 days	5.75%	NA
30 days to 45 days	6.00%	NA
46 days to 60 days	6.30%	NA
61 days to less than 3 months	6.50%	NA
3 months to less than 6 months	6.75%	NA
6 months to less than 1 year	7.10%	NA
1 year to less than 3 years	7.90%	NA
3 years to 10 years	7.00%	NA

Axis Bank FD Rates: Rs.50 Crore - Less than Rs.100 Crore

Tenure	Regular FD Rate (per annum)	Senior Citizen FD Rate (per annum)
7 days to 29 days	5.75%	NA
30 days to 45 days	6.00%	NA
46 days to 60 days	6.30%	NA
61 days to less than 3 months	6.50%	NA
3 months to less than 6 months	6.75%	NA
6 months to less than 1 year	7.10%	NA
1 year to less than 3 years	7.90%	NA
3 years to 10 years	7.00%	NA

Axis FD Interest Rates: Rs.100 Crore and Above

Tenure	Regular FD Rate (per annum)	Senior Citizen FD Rate (per annum)
7 days to 29 days	5.85%	NA
30 days to 45 days	6.00%	NA
46 days to 60 days	6.30%	NA
61 days to less than 3 months	6.50%	NA
3 months to less than 1 year	7.20%	NA
1 year to less than 13 months	7.90%	NA
13 months to less than 3 years	7.90%	NA
3 years to 10 years	7.00%	NA

Types of Axis Bank fixed deposits

There are a different options that an investor can choose from as far as FDs are concerned. Let us take a look at types of term deposits that are offered by Axis Bank:

Regular Fixed Deposit

This is the regular, conventional time-deposit scheme that comes with features such as nomination facility, reinvestment of interest, and online banking options.
The rate of interest paid has a competitive edge.
Deposits can be opened online.

Tax-Saver Fixed Deposit

A 5-year deposit that offers tax deduction benefit as per provisions under Section 80C of the Income Tax Act.
Tax benefit up to Rs.1.5 lakh.
A mandatory lock-in duration of at least a minimum of 5 years.

Fixed Deposit Plus

This is a type of FD plan that gives the investor comparatively higher returns when compared to the usual term deposit.
The minimum investment amount is Rs.15,00,001.
It is possible to customise this type of investment as per personal needs.

Encash 24 Flexi Deposit

Gives the customer ‘dual benefits’ by offering a smooth integration between a savings bank account and a fixed deposit.
Comes with a minimum tenure of 6 months and a maximum of 5 years.
Gives high liquidity to the account holder.

Features & benefits

Axis Bank gives customers the option to choose any type of FD as per individuals financial needs and goals.
Customisable and easy-to-open term deposit schemes.
Attractive interest rates.
Online banking and seamless bank transfers for FD opening.

Useful Links

Axis Bank Fixed Deposit Schemes

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How to Link PAN Card to Axis Bank Account To Know More Visit : How To Link Aadhar Card To Axis Bank Account

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar’s partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

Fixed Deposit

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Fixed Deposit Rates by Banks

News About Axis Bank Fixed Deposit

Axis Bank increases FD rates after SBI
Axis Bank fixed deposit interest rates have been recently revised with effect from June 1, 2018 across certain selected tenures. Apart from this, the private sector bank has also introduced a new FD tenure range that is from 1 year 5 days to 1 year 11 days, which will pay interest at the rate of 7.40% per annum.

At present 7.40% per annum is the highest interest rate paid by Axis Ban of domestic deposits that are of less than Rs.1 crore, for those who are less than 60 years of age. For senior citizens, the same tenure will fetch them a high interest rate of 8.05% per annum. For 1 year to less than 1 year 5 days and for 1 year 11 days to less than 14 months, the rate of interest paid is 7.10% per annum. Senior citizens will get 7.75% per annum for the same tenure.

1 June 2018
Axis Bank Fixed Deposit Rates Revised on 8th April

The bank offers interest rates that starts from 3.00% for the shortest tenure of 7 to 14 days, and increases to 5.60% for the next tenor slab of 15 to 30 days. Interest rates for tenors ranging 31 days up to 60 days and 61 days up to 90 days are offered at 6.25% and 6.75% respectively. For fixed deposits of 91-150 days, the rate of interest applicable is 7%. Between 151-187 days and 188-270 days, the highest rate of interest of 7.10% is applicable on short term fixed deposits. For the next slab, customers will get a 0.15% hike in interest rate.

There are five different slabs for tenors between 271 days and 5 years - 271 to 365 days; 365 days to 2 years; 2 to 3 years; 3 to 4 years; 4 to less than 5 years; and 5 years. All of these slabs are currently available for fixed deposits 7.25%% rate of interest.

26 April 2016
Axis Bank cuts rates by 0.25 percent on bulk deposits

Axis Bank announced rate cuts on three different maturities. The rate cut is applicable on bulk deposits of over Rs.5 crore. Rates on deposits over 6 months but under 9 months has been revised down by 0.25 percent to 7.50 percent. For deposits for over one year but under two years has been cut 0.15 percent to 8 percent. Axis Bank’s bulk deposit accounts for 21 percent and retail term and demand deposits are at 79 percent. The rate cuts have been made after the declining trend in the interest rates as seen by Reserve Bank of India. Bankers have been complaining about low credit growth and excessive liquidity.

27 July 2015
Axis Bank becomes first private bank to offer differential FD rates

Axis bank has announced fixed deposits that will offer differential rates to customers. The scheme ‘Fixed Deposit Plus’ is targeted at both retail as well as corporate customers. The scheme requires customers to invest a minimum of Rs.15 lakh in a single go to enjoy a 10 bps higher rate than regular deposits. This deposit is currently available for a minimum period of 1 year and maximum deposit period of 2 years.

In April this year RBI had allowed banks to offer differential rates on their deposit schemes. Axis bank is one of the first private banks to implement differential rates. Axis Bank is the third largest private sector bank of India.

1 July 2015
Axis Bank Cuts Fixed Deposit Rate By 0.25%

Axis Bank has cut the term deposit rate on maturities by up to 0.25% following the Reserve Bank of India’s decision to reduce the repo rate by 0.25 points from 7.5% to 7.25%. Banks were likely to pass on this change to the customer and this rate cut by Axis Bank means that the interest rate on a one year deposit reduces by 0.1% and the interest rate on a fixed deposit for a year falls to 8% from 8.25%. The rate cut will be effective from June 9, 2015.

4 June 2015
Axis Bank Cuts Fixed Deposit Rates By 0.25%

In the wake of the repo rates cuts announced by the Reserve Bank of India, Axis Bank is the first to cut fixed deposit interest rates by 0.25%. According to the new rates, fixed deposits held with the bank for periods ranging from 18 months to 3 years (36 months) will now earn 0.25% less interest, while those held for up to 18 months will offer interest rates that are 0.15% lesser than the earlier rates.

Earlier HDFC bank had announced a cut of 0.25% in FD interest rates for deposits of Rs. 1 crore to Rs. 5 crore. Though banks are gearing up to cut interest rates for fixed deposits, the RBI has expressed displeasure at their reluctance in cutting the interest rates for loans. The banks, including SBI, have said that it takes time for these rate changes to be applied to loans and indicate that it will be difficult to do so till the end of March.

20 March 2015

Other Products from Axis Bank

Axis Bank Fixed Deposit Reviews

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Fixed Deposit

"Very good service"

0.5 5.0/5 "Blown Away!"

I've another fixed deposit with the Axis bank under my wife's name. I've deposited 21 lacs in this deposit. The interest rate is good and they disburse the interest quarterly. So far there hasn't been any issues with their services.

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BHAVESHBHAI DESAI , ahmedabad
Reviewed on Jul 28, 2018
Fixed Deposit

"Very good service"

0.5 5.0/5 "Blown Away!"

I've two fixed deposits with the Axis bank, one is under my name and the second one is under wife's name. I've deposited 7 lacs, the interest rate is very good. They disburse the cumulated interest quarterly and the tenure of the FD is 5 years.

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BHAVESHBHAI DESAI , ahmedabad
Reviewed on Jul 28, 2018
Fixed Deposit

"Good service"

0.5 4.0/5 "Great!"

I have a Fixed Deposit with AXIS bank from last 3 months, i am happy with the service they provide. I get good returns on investments. Customer service was very good, they gave all the right information and guided me well. I will get 6.99% on returns after the maturity period.

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PATEL HIMMATSINH , ahmedabad
Reviewed on May 08, 2018
Fixed Deposit

"Very Poor Response by BRANCH EMPLOYEE"

0.5 0.5/5 "Unacceptable"

Its waste of time & money with axis bank. Don't have enough knowledge, lack of experience, and poor support. I opened a FD ACCOUNT AT AXIS BANK ON 13TH, and still they are unable to update my contact number in my account & cc. Wait....wait and waiting.. Nd branch is located in DELHI. NOW YOU CAN IMAGINE, how they will operate in rural area...

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Vikash Singh , new delhi
Reviewed on Feb 23, 2018
Fixed Deposit

"Overall good"

0.5 4.0/5 "Great!"

I have a two lakh fixed deposit at Axis Bank. The bank is good in this process and the rate of interest is the same when compared to other banks. There is no lock in period and anytime I an withdraw the funds. There are no charges related to this account.

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ANIL KUMAR , new delhi
Reviewed on Feb 19, 2018
Fixed Deposit

"Excellent services"

0.5 5.0/5 "Blown Away!"

Axis Bank is overall good in the banking process. I bank for a fixed deposit and there are no charges taken for this account. The customer support is good and the online banking is very convenient to open and close this account. The rate of interest is also good.

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GANGADHARAN GANGADHARAN , ahmedabad
Reviewed on Feb 09, 2018
Fixed Deposit

"Good Return"

0.5 3.0/5 "Satisfactory"

I had a good investment made an investment in Axis Bank through my Fixed Deposit Account with them. They gave me an interest rate of 8.25%, which I feel is one of the best in the Industry. I took it for a 2 years period and had the option of closing it even before the maturity.

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RAVINDRA RATHI , mumbai
Reviewed on Dec 26, 2017
Fixed Deposit

"Need to improve"

0.5 1.0/5 "Really Bad"

I am having the fixed deposit account with the Axis bank and the customer service was not really good like they have to be get improved. I would like to say that the online banking system could be get improved. I have not faced any issues with them till now.

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DILIP JAIN , bangalore
Reviewed on Nov 25, 2017
Fixed Deposit

"Good service"

0.5 4.0/5 "Great!"

Even though I don't like the saving account with Axis bank as there is a minimum balance of Rs. 10000 has to be maintained I like the fixed deposit account with Axis bank as that process is simple and smooth and I have it for 2.5 years and also they pay good interests rates of 7.5%.

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NISHANT AGRAWAL , faridabad
Reviewed on Nov 17, 2017
Fixed Deposit

"Best"

0.5 5.0/5 "Blown Away!"

I am using Axis FD service for last 15 years. The amount differs for a fixed deposit. The interest rate was vey high than other nationalized banks. They providing more benefits to the customers. There is no issues with Axis and am completely satisfied with the service. The most interesting feature is they auto renew the policy or they pay extra charges for late 15 days.

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RUDRA PRASAD GHATAK , kolkata
Reviewed on Nov 16, 2017
Fixed Deposit

"Its good investment"

0.5 4.5/5 "Excellent!"

I have invested one lakh in fixed deposit with AXIS bank. Its going to matured in this august, Then I would be getting around Rs.1.12,000. I have opened this FD through online and I will be getting the amount same to my account. AXIS gave me premature withdrawal, I can close whenever I want.

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ANSHIKA KAPOOR , mumbai
Reviewed on Jun 13, 2017
Fixed Deposit

"Excellent"

0.5 5.0/5 "Blown Away!"

I had invested in fixed deposit account with the Axis bank and the minimum tenure is around five years of time. Response is a good one with them and everything was done through online. Net banking services are working in an excellent way and it is really wonderful.

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NAVIN KUMAR JHUNJHUNWALA KUMAR JHUNJHUNWALA , kolkata
Reviewed on Apr 25, 2017
Fixed Deposit

"Very good services"

0.5 4.5/5 "Excellent!"

Opening a fixed deposit at Axis bank was pretty simple and unlike the past where one has to visit the bank to get this facility. I could do it online and it was very much simple as I am an existing customer. I am also happy with the interest rate offered.

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SRINIVAS A , hyderabad
Reviewed on Feb 20, 2017
Fixed Deposit

"Truly the best"

0.5 3.5/5 "Pretty good"

AXIS Fixed deposit is truly the best, I am not happy with the communication the customer service can actually improve and the bank is not good. It would be great if they send alerts in terms of letting the customer know the FD is going to mature and whether it is good or not and how much amount I will get in turn.

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SURABHI BHARADWAJ , hyderabad
Reviewed on Feb 10, 2017
Fixed Deposit

"Truly the best"

0.5 3.5/5 "Pretty good"

AXIS Fixed deposit is truly the best, I am not happy with the communication the customer service can actually improve and the bank is not good. It would be great if they send alerts in terms of letting the customer know the FD is going to mature and whether it is good or not and how much amount I will get in turn.

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SURABHI BHARADWAJ , hyderabad
Reviewed on Feb 10, 2017
Fixed Deposit

"Convenient to Open"

0.5 4.0/5 "Great!"

There was no processing fee for FD opening through online, AXIS FD was really convenient to save the money, I could pay from 5000 or above its for three years. Without visiting to the branch I had opened my FD account through online it was really hassle free.

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AAYUSH SRIVASTAVA , ghaziabad
Reviewed on Nov 23, 2016
Fixed Deposit

"Better"

0.5 5.0/5 "Blown Away!"

I have the fixed deposit account with the Axis bank and the interest rate was very low. Customer service is very good with the Axis bank and I have not found any drawbacks with them. I used to transact a lot with them. Interest rate will be compounded annually.

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ASHISH GOPINADHAN , thane
Reviewed on Apr 27, 2016
Fixed Deposit

"Best "

0.5 4.0/5 "Great!"

I have got the fixed deposit with the Axis bank and I have opened this account before some long time. Response with the Axis bank is good and the online banking services are good. The interest got compounded annually with the Axis bank and I have opted for five years deposit.

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SARAVANAN RAJA SEKARAN , coimbatore
Reviewed on Apr 26, 2016
Fixed Deposit

"Excellent !!!!"

0.5 5.0/5 "Blown Away!"

For the fixed deposit axis bank is giving 7% interest rate . If the lock in period is above 45 days they give 8% and for above 180 days they give 9% interest rate. Minimum amount to deposit is Rs.25,000. There is no penalty if we withdraw the amount in between the lock in period.

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VIJAY RAMGOPAL , bharuch
Reviewed on Mar 31, 2016
Fixed Deposit

"Banking"

0.5 5.0/5 "Blown Away!"

First of all I want to thank the entire team of bank bazaar for providing such a wonderful and amazing platform for all of us to select which suits us best from the rest. I selected Axis Bank which provided a good interest rate and it got through properly and quickly. Thank you once again..

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Arnab Bhattacharya , kolkata
Reviewed on Mar 08, 2016