Axis Bank Revises Fixed Deposit Interest Rates

Axis Bank revised interest rates applicable to select term deposits - or fixed deposits - with effect from November 13. Currently, Axis Bank - the country's fourth largest private sector lender by market value - provides annual returns of 2.5 per cent on retail FDs of seven to 29 days, 3 per cent on those of 30 days to up to three months, and 3.5 per cent on those of three months to up to six months, according to its website - axisbank.com. Axis Bank provides slightly higher returns to senior citizens compared to other customers..Here are the interest rates applicable to Axis Bank retail fixed deposits (up to Rs 2 crore) with effect from November 13:.table.gold { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; } table.gold th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; text-align: center; } table.gold td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; text-align: center; } table.gold th:nth-child(1), table.gold td:nth-child(1) { text-align: left; } table.gold th:nth-child(1), table.gold td:nth-child(1) { text-align: left; } table.gold th:last-child, table.gold td:last-child { } @media only screen and (max-device-width: 480px) and (min-device-width: 320px) { table.gold { display: table; min-width: 280px; max-width: 100%; } table.gold th, table.gold td, table.gold th:nth-child(n+1), table.gold td:nth-child(n+1) { display: table-cell; line-height: normal; } table.gold th, table.gold td, table.gold th:nth-child(n+1), table.gold td:nth-child(n+1) { display: table-cell; line-height: normal; } table.gold th:nth-child(4), table.gold td:nth-child(4) { display: none; } } table.gold { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; } table.gold { display: table; min-width: 280px; max-width: 100%; } . Interest Rate Maturity Period General Public Senior Citizens 7-14 days 2.5% 2.5% 15-29 days 2.5% 2.5% 30-45 days 3% 3% 46-60 days 3% 3% 61 days < 3 months 3% 3% 3 < 4 months 3.5% 3.5% 4 < 5 months 3.5% 3.5% 5 < 6 months 3.5% 3.5% 6 < 7 months 4.4% 4.65% 7 < 8 months 4.4% 4.65% 8 < 9 months 4.4% 4.65% 9 < 10 months 4.4% 4.65% 10 < 11 months 4.4% 4.65% 11 months < 11 months 25 days 4.4% 4.65% 11 months 25 days < 1 year 5.15% 5.4% 1 year < 1 year 5 days 5.15% 5.8% 1 year 5 days < 1 year 11 days 5.1% 5.75% 1 year 11 days < 1 year 25 days 5.1% 5.75% 1 year 25 days < 13 months 5.1% 5.75% 13 < 14 months 5.1% 5.75% 14 < 15 months 5.1% 5.75% 15 < 16 months 5.1% 5.75% 16 < 17 months 5.1% 5.75% 17 < 18 months 5.1% 5.75% 18 months < 2 years 5.25% 5.9% 2 years < 30 months 5.4% 6.05% 30 months < 3 years 5.4% 5.9% 3 < 5 years 5.4% 5.9% 5 < 10 years 5.5% 6% (Source: axisbank.com) .Private sector banks such as Axis review the interest rates on term deposits from time to time.

Axis Bank Revises Fixed Deposit Interest Rates

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