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Axis Bank Revises FD Rates On This Tenure, Check Latest Rates Here

The revised interest rate on the select fixed deposits will be effective from July 13, 2023.

<div class="paragraphs"><p>Close view of Indian currency banknotes, rupee arranged for photograph. (Photo: Vijay Sartape/BQ Prime)</p></div>
Close view of Indian currency banknotes, rupee arranged for photograph. (Photo: Vijay Sartape/BQ Prime)

As stated on its official website, Axis Bank has revised the fixed deposit interest rates for deposit amounts of Rs. 5 crores and above, effective from July 13, 2023.

No changes have been made for deposit amounts of less than Rs. 5 crores, for which the interest rates were previously revised on May 18, 2023.

The bank has revised the FD rates for its following products:

  • Domestic Fixed Deposits

  • Domestic Fixed Deposit Plus

  • NRI Fixed Deposit Plus

Axis Bank Latest FD Rates For General Citizens

Under the revised rates, Axis Bank offers general citizens FD interest rates ranging between 4.75% and 7.30% for tenures spanning 7 days to 10 years. The highest interest rate of 7.30% is now provided for a tenure starting from 1 year to 1 year 4 days to less than 15 months for deposits starting from Rs. 25 crores going up to Rs. 100 crores and above.

INTEREST RATES (% P.A.)

Axis Bank Latest FD Rates For Senior Citizens

For Senior Citizens, Axis Bank now offers FD interest rates ranging between 4.75% and 8.05% for tenures spanning 7 days to 10 years. The highest interest rate of 8.05% is now provided for a tenure starting from 1 year to 1 year 4 days to less than 15 months for deposits starting from Rs. 25 crores going up to Rs. 100 crores and above.

INTEREST RATES (% P.A.)
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Disclaimer: For more detailed information, customers are advised to visit Axis Bank's official website or their nearest branch.

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