Axis Bank, one of the private banks operating in the country allows you the option of opening a fixed deposit account with them. The deposit tenures offered by Axis Bank ranges from 7 days to 10 years and the rate of return offered by the bank are quite attractive.
Domestic rates for deposits of less than Rs.5 crore
| Tenure | Interest rate offered to general citizens (p.a.) | |||
|---|---|---|---|---|
| Below RS. 2 crore | RS. 2 crore to less than RS.4.91 crore | RS. 4.91 crore to less than RS.4.92 crore | RS. 4.92 crore to less than RS.5 crore | |
| 7 days to 14 days | 2.50% | 2.50% | 2.50% | 2.50% |
| 15 days to 29 days | 2.50% | 2.50% | 2.50% | 2.50% |
| 30 days to 45 days | 3.00% | 2.75% | 2.50% | 2.75% |
| 46 days to 60 days | 3.00% | 2.75% | 2.50% | 2.75% |
| 61 days to less than 3 months | 3.00% | 3.10% | 2.60% | 3.10% |
| 3 months to less than 4 months | 3.50% | 3.25% | 2.60% | 3.25% |
| 4 months to less than 5 months | 3.75% | 3.50% | 2.60% | 3.50% |
| 5 months to less than 6 months | 3.75% | 3.50% | 2.60% | 3.50% |
| 6 months to less than 7 months | 4.40% | 3.60% | 2.75% | 3.60% |
| 7 months to less than 8 months | 4.40% | 3.60% | 2.75% | 3.60% |
| 8 months to less than 9 months | 4.40% | 3.60% | 2.75% | 3.60% |
| 9 months to less than 10 months | 4.40% | 3.85% | 2.75% | 3.85% |
| 10 months to less than 11 months | 4.40% | 3.85% | 2.75% | 3.85% |
| 11 months to less than 11 months 25 days | 4.40% | 3.85% | 2.75% | 3.85% |
| 11 months 25 days to less than 1 year | 5.15% | 3.85% | 2.75% | 3.85% |
| 1 year to less than 1 year 5 days | 5.15% | 4.05% | 3.00% | 4.05% |
| 1 year 5 days to less than 1 year 11 days | 5.10% | 4.05% | 3.00% | 4.05% |
| 1 year 11 days to less than 1 year 25 days | 5.10% | 4.05% | 3.00% | 4.05% |
| 1 year 25 days to less than 13 months | 5.10% | 4.05% | 3.00% | 4.05% |
| 13 months to less than 14 months | 5.10% | 4.05% | 3.00% | 4.05% |
| 14 months to less than 15 months | 5.10% | 4.05% | 3.00% | 4.05% |
| 15 months to less than 16 months | 5.10% | 4.05% | 3.00% | 4.05% |
| 16 months to less than 17 months | 5.10% | 4.05% | 3.00% | 4.05% |
| 17 months to less than 18 months | 5.10% | 4.05% | 3.00% | 4.05% |
| 18 months to less than 2 years | 5.25% | 4.05% | 3.00% | 4.05% |
| 2 years to less than 30 months | 5.40% | 4.25% | 3.00% | 4.25% |
| 30 months to less than 3 years | 5.40% | 4.25% | 3.00% | 4.25% |
| 3 years to less than 5 years | 5.40% | 4.25% | 3.00% | 4.25% |
| 5 years to 10 years | 5.50% | 4.25% | 3.00% | 4.25% |
Note: The interest rates mentioned in the table are as of 4 January 2021.
Domestic rates for deposits of less than Rs.5 crore
| Tenure | Interest rate offered to senior citizens (p.a.) | |||
|---|---|---|---|---|
| Below RS. 2 crore | RS. 2 crore to less than RS.4.91 crore | RS. 4.91 crore to less than RS.4.92 crore | RS. 4.92 crore to less than RS.5 crore | |
| Below RS. 2 crore | RS. 2 crore to less than RS.4.91 crore | RS. 4.91 crore to less than RS.4.92 crore | RS. 4.92 crore to less than RS.5 crore | |
| 7 days to 14 days | 2.50% | 2.50% | 2.50% | 2.50% |
| 15 days to 29 days | 2.50% | 2.50% | 2.50% | 2.50% |
| 30 days to 45 days | 3.00% | 2.75% | 2.50% | 2.75% |
| 46 days to 60 days | 3.00% | 2.75% | 2.50% | 2.75% |
| 61 days to less than 3 months | 3.00% | 3.10% | 2.60% | 3.10% |
| 3 months to less than 4 months | 3.50% | 3.25% | 2.60% | 3.25% |
| 4 months to less than 5 months | 3.75% | 3.50% | 2.60% | 3.50% |
| 5 months to less than 6 months | 3.75% | 3.50% | 2.60% | 3.50% |
| 6 months to less than 7 months | 4.65% | 3.85% | 3.00% | 3.85% |
| 7 months to less than 8 months | 4.65% | 3.85% | 3.00% | 3.85% |
| 8 months to less than 9 months | 4.65% | 3.85% | 3.00% | 3.85% |
| 9 months to less than 10 months | 4.65% | 4.10% | 3.00% | 4.10% |
| 10 months to less than 11 months | 4.65% | 4.10% | 3.00% | 4.10% |
| 11 months to less than 11 months 25 days | 4.65% | 4.10% | 3.00% | 4.10% |
| 11 months 25 days to less than 1 year | 5.40% | 4.10% | 3.00% | 4.10% |
| 1 year to less than 1 year 5 days | 5.80% | 4.70% | 3.65% | 4.70% |
| 1 year 5 days to less than 1 year 11 days | 5.75% | 4.70% | 3.65% | 4.70% |
| 1 year 11 days to less than 1 year 25 days | 5.75% | 4.70% | 3.65% | 4.70% |
| 1 year 25 days to less than 13 months | 5.75% | 4.70% | 3.65% | 4.70% |
| 13 months to less than 14 months | 5.75% | 4.70% | 3.65% | 4.70% |
| 14 months to less than 15 months | 5.75% | 4.70% | 3.65% | 4.70% |
| 15 months to less than 16 months | 5.75% | 4.70% | 3.65% | 4.70% |
| 16 months to less than 17 months | 5.75% | 4.70% | 3.65% | 4.70% |
| 17 months to less than 18 months | 5.75% | 4.70% | 3.65% | 4.70% |
| 18 months to less than 2 years | 5.90% | 4.70% | 3.65% | 4.70% |
| 2 years to less than 30 months | 6.05% | 4.90% | 3.65% | 4.90% |
| 30 months to less than 3 years | 5.90% | 4.75% | 3.50% | 4.75% |
| 3 years to less than 5 years | 5.90% | 4.75% | 3.50% | 4.75% |
| 5 years to 10 years | 6.00% | 4.75% | 3.50% | 4.75% |
Note: The interest rates mentioned in the table are as of 4 January 2021.
| Tenure | Interest rate offered to senior citizens (p.a.) | |||||
|---|---|---|---|---|---|---|
| Rs.5 crore to less than Rs.10 crore | Rs.10 crore to less than Rs.24.75 crore | Rs.24.75 crore to less than Rs.25 crore | Rs.25 crore to less than Rs.50 crore | Rs.50 crore to less than Rs.100 crore | Rs.100 crore and above | |
| 7 days to 14 days | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 15 days to 29 days | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 30 days to 45 days | 2.75% | 2.75% | 2.50% | 2.75% | 2.75% | 2.75% |
| 46 days to 60 days | 2.75% | 2.75% | 2.50% | 2.75% | 2.75% | 2.75% |
| 61 days to less than 3 months | 3.10% | 3.10% | 2.60% | 3.10% | 3.10% | 3.10% |
| 3 months to less than 4 months | 3.25% | 3.25% | 2.60% | 3.25% | 3.25% | 3.25% |
| 4 months to less than 5 months | 3.50% | 3.50% | 2.60% | 3.50% | 3.50% | 3.50% |
| 5 months to less than 6 months | 3.50% | 3.50% | 2.60% | 3.50% | 3.50% | 3.50% |
| 6 months to less than 7 months | 3.60% | 3.60% | 2.75% | 3.60% | 3.60% | 3.60% |
| 7 months to less than 8 months | 3.60% | 3.60% | 2.75% | 3.60% | 3.60% | 3.60% |
| 8 months to less than 9 months | 3.60% | 3.60% | 2.75% | 3.60% | 3.60% | 3.60% |
| 9 months to less than 10 months | 3.85% | 3.85% | 2.75% | 3.85% | 3.85% | 3.85% |
| 10 months to less than 11 months | 3.85% | 3.85% | 2.75% | 3.85% | 3.85% | 3.85% |
| 11 months to less than 11 months 25 days | 3.85% | 3.85% | 2.75% | 3.85% | 3.85% | 3.85% |
| 11 months 25 days to less than 1 year | 3.85% | 3.85% | 2.75% | 3.85% | 3.85% | 3.85% |
| 1 year to less than 1 year 5 days | 4.05% | 4.05% | 3.00% | 4.05% | 4.05% | 4.05% |
| 1 year 5 days to less than 1 year 11 days | 4.05% | 4.05% | 3.00% | 4.05% | 4.05% | 4.05% |
| 1 year 11 days to less than 1 year 25 days | 4.05% | 4.05% | 3.00% | 4.05% | 4.05% | 4.05% |
| 1 year 25 days to less than 13 months | 4.05% | 4.05% | 3.00% | 4.05% | 4.05% | 4.05% |
| 13 months to less than 14 months | 4.05% | 4.05% | 3.00% | 4.05% | 4.05% | 4.05% |
| 14 months to less than 15 months | 4.05% | 4.05% | 3.00% | 4.05% | 4.05% | 4.05% |
| 15 months to less than 16 months | 4.05% | 4.05% | 3.00% | 4.05% | 4.05% | 4.05% |
| 16 months to less than 17 months | 4.05% | 4.05% | 3.00% | 4.05% | 4.05% | 4.05% |
| 17 months to less than 18 months | 4.05% | 4.05% | 3.00% | 4.05% | 4.05% | 4.05% |
| 18 months to less than 2 years | 4.05% | 4.05% | 3.00% | 4.05% | 4.05% | 4.05% |
| 2 years to less than 30 months | 4.25% | 4.25% | 3.00% | 4.25% | 4.25% | 4.25% |
| 30 months to less than 3 years | 4.25% | 4.25% | 3.00% | 4.25% | 4.25% | 4.25% |
| 3 years to less than 5 years | 4.25% | 4.25% | 3.00% | 4.25% | 4.25% | 4.25% |
| 5 years to 10 years | 4.25% | 4.25% | 3.00% | 4.25% | 4.25% | 4.25% |
Note: The interest rates mentioned in the table are as of 4 January 2021.
| Tenure | Interest rate (p.a.) | |||
|---|---|---|---|---|
| Below RS. 2 crore | RS. 2 crore > RS.4.91 crore | RS. 4.91 crore > RS.4.92 crore | RS. 4.92 crore > RS.5 crore | |
| 1 year to 1 year 5 days | 5.15% | 4.05% | 3.00% | 4.05% |
| 1 year 5 days to less than 18 months | 5.10% | 4.05% | 3.00% | 4.05% |
| 18 months to less than 2 years | 5.25% | 4.05% | 3.00% | 4.05% |
| 2 years to less than 5 years | 5.40% | 4.25% | 3.00% | 4.25% |
| 5 years to 10 years | 5.50% | 4.25% | 3.00% | 4.25% |
Note: The interest rates mentioned in the table are as of 4 January 2021.
| Tenure | Interest rate (p.a.) | |||
|---|---|---|---|---|
| Below RS. 2 crore | RS. 2 crore > RS.4.91 crore | RS. 4.91 crore > RS.4.92 crore | RS. 4.92 crore > RS.5 crore | |
| 7 days to 14 days | 2.50% | 2.50% | 2.50% | 2.50% |
| 15 days to 29 days | 2.50% | 2.50% | 2.50% | 2.50% |
| 30 days to 45 days | 3.00% | 2.75% | 2.50% | 2.75% |
| 46 days to two months | 3.00% | 2.75% | 2.50% | 2.75% |
| 61 days to less than 3 months | 3.00% | 3.10% | 2.60% | 3.10% |
| 3 months to less than 4 months | 3.50% | 3.25% | 2.60% | 3.25% |
| 4 months to less than 6 months | 3.75% | 3.50% | 2.60% | 3.50% |
| 6 months to less than 9 months | 4.40% | 3.60% | 2.75% | 3.60% |
| 9 months to less than 11 months 25 days | 4.40% | 3.85% | 2.75% | 3.85% |
| 11 months 25 days to less than 1 year | 5.15% | 3.85% | 2.75% | 3.85% |
| 1 year to less than 1 year 5 days | 5.15% | 4.05% | 3.00% | 4.05% |
| 1 year 5 days to less than 18 months | 5.10% | 4.05% | 3.00% | 4.05% |
| 18 months to less than 24 months | 5.25% | 4.05% | 3.00% | 4.05% |
| 2 years to less than 5 years | 5.40% | 4.25% | 3.00% | 4.25% |
| 5 years to 10 years | 5.50% | 4.25% | 3.00% | 4.25% |
Note: The interest rates mentioned in the table are as of 4 January 2021.
Deposits which are opened for a period that ranges between 7 days to less than 12 months are called short-term term deposits. The interest offered by Axis Bank to general citizens for opening a short-term FD below Rs.2 crore is between 2.50% to 5.15% p.a.
For opening a medium-term fixed deposit with Axis Bank, the bank offers interest in the range of 5.15% to 5.40% p.a. Any tenure that falls between 12 months and 60 months is called a medium-term fixed deposit.
Long-term fixed deposits are those which have a tenure between 60 months to 120 months. The interest offered on such deposits by Axis Bank is 5.50% p.a.
Axis Bank offer senior citizens interest in the range of 2.50% to 6.00% p.a. for opening a fixed deposit account with them.
The interest that you earn on your Axis Bank FD depends on various factors, including the deposit amount, tenure, interest rate, frequency of interest calculation, and taxation. To calculate the interest earned on your Axis Bank FD is easy and hassle-free. Visit the online Axis Bank FD calculator to get to know the amount you can earn after maturity.
You can apply for an Axis Bank FD through several modes such as online (internet banking), mobile app or by visiting the nearest branch of the bank.
Yes, a FD account with Axis Bank can be opened using mobile banking.
Yes, the facility of automatic roll out is provided by the lender.
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