Interest rates

Axis Bank revises interest rates on fixed deposits: check the new rates here

Axis Bank national fixed deposit interest rate

Following the most recent change on deposits of less than Rs. 2 crore, Axis Bank now gives 2.50% interest on term deposits with a maturity between 7 and 29 days, 3% for deposits lasting between 30 days and less than 3 months, and 3.5% for FDs lasting between 3 months and less than 6 months. Axis Bank offers an interest rate of 4.40% on FDs with a term of six months to less than one year.

The bank now grants interest rates of 5.10% and 5.15% on deposits maturing in one year, one year five days and one year eleven days. On the other hand, with deposits with a maturity of one year ranging from 11 days to less than 13 months, Axis Bank now promises an interest rate of 5.20%. The bank currently grants an interest rate of 5.10% on deposits with a maturity of 13 months to less than 18 months. On term deposits with a maturity of 18 months to 2 years, the bank currently grants an interest rate of 5.25%.

The bank offers general government interest rates of 5.40% and 5.75% on deposits with maturities of 2 years to less than 5 years and 5 years to 10 years, respectively. On deposits with a maturity between 6 months and 10 years, seniors will continue to receive an additional premium of 0.50%. On deposits with a maturity of 7 days to 10 years, seniors would get interest rates ranging from 2.5% to 6.50%.

Tenor Regular interest rates in pa The elderly
7 days to 14 days 2.5 2.5
15 days to 29 days 2.5 2.5
30 days to 45 days 3 3
46 days to 60 days 3 3
61 days 3 3
3 months 3.5 3.5
4 months 3.5 3.5
5 months 3.5 3.5
6 months 4.4 4.65
7 months 4.4 4.65
8 months 4.4 4.65
9 months 4.4 4.65
10 months 4.4 4.65
11 months 4.4 4.65
11 months 25 days 4.4 4.65
1 year 5.1 5.75
1 year 5 days 5.15 5.8
1 year 11 days 5.2 5.85
1 year 25 days 5.2 5.85
13 months 5.1 5.75
14 months 5.1 5.75
15 months 5.1 5.75
16 months 5.1 5.75
17 months 5.1 5.75
18 months 5.25 5.9
2 years 5.4 6.05
30 months 5.4 6.05
3 years 5.4 6.05
5 years to 10 years 5.75 6.5
Source: Bank website
National fixed deposit Axis Bank Plus interest rate

National fixed deposit Axis Bank Plus interest rate

The bank also changed the interest rates on the National Plus Fixed Deposit Accounts, which do not allow premature withdrawals. Axis Bank offers the following interest rates on deposits of Rs. 5 crore and above, as of December 14, 2021.

Tenor Rs 5 Cr to Rs 10 Cr Rs 10 Cr to Rs 25 Cr Rs 25 Cr to Rs 50 Cr Rs 50 Cr to Rs 100 Cr Rs 100 Cr and more
7 days to 14 days 2.5 2.5 2.5 2.5 2.5
15 days to 29 days 2.5 2.5 2.5 2.5 2.5
30 days to 45 days 3 3 3 3 3
46 days to 60 days 3 3 3 3 3
61 days 3.25 3.25 3.25 3.25 3.25
3 months 3.65 3.65 3.65 3.65 3.65
4 months 3.75 3.75 3.75 3.75 3.75
5 months 3.75 3.75 3.75 3.75 3.75
6 months 4.1 4.1 4.1 4.1 4.1
7 months 4.1 4.1 4.1 4.1 4.1
8 months 4.1 4.1 4.1 4.1 4.1
9 months 4.25 4.25 4.25 4.25 4.25
10 months 4.25 4.25 4.25 4.25 4.25
11 months 4.25 4.25 4.25 4.25 4.25
11 months 25 days 4.25 4.25 4.25 4.25 4.25
1 year 4.5 4.5 4.5 4.5 4.5
1 year 5 days 4.5 4.5 4.5 4.5 4.5
1 year 11 days 4.5 4.5 4.5 4.5 4.5
1 year 25 days 4.5 4.5 4.5 4.5 4.5
13 months 4.5 4.5 4.5 4.5 4.5
14 months 4.5 4.5 4.5 4.5 4.5
15 months 4.5 4.5 4.5 4.5 4.5
16 months 4.5 4.5 4.5 4.5 4.5
17 months 4.5 4.5 4.5 4.5 4.5
18 months 4.5 4.5 4.5 4.5 4.5
2 years 4.7 4.7 4.7 4.7 4.7
30 months 4.7 4.7 4.7 4.7 4.7
3 years 4.7 4.7 4.7 4.7 4.7
5 years to 10 years 4.7 4.7 4.7 4.7 4.7
Source: Bank website
Axis Bank NRO Fixed Deposits Interest Rate

Axis Bank NRO Fixed Deposits Interest Rate

Axis Bank provides the following interest rates on NRO deposits for deposits less than Rs 5 crore, as of 14.12.2021.

Tenor Below Rs 2 Cr Rs 2 Cr to less than 4.91 Cr Rs 4.91 Cr to less than 4.92 Cr Rs 4.92 Cr to less than Rs 5 Cr
7 days to 14 days 2.5 2.5 2.5 2.5
15 days to 29 days 2.5 2.5 2.5 2.5
30 days to 45 days 3 3 2.5 3
46 days to 60 days 3 3 2.5 3
61 days 3 3.25 2.6 3.25
3 months 3.5 3.45 2.6 3.45
4 months 3.5 3.55 2.6 3.55
5 months 3.5 3.55 2.6 3.55
6 months 4.4 3.85 2.75 3.85
7 months 4.4 3.85 2.75 3.85
8 months 4.4 3.85 2.75 3.85
9 months 4.4 4 2.75 4
10 months 4.4 4 2.75 4
11 months 4.4 4 2.75 4
11 months 25 days 4.4 4 2.75 4
1 year 5.1 4.15 3 4.15
1 year 5 days 5.15 4.15 3 4.15
1 year 11 days 5.2 4.15 3 4.15
1 year 25 days 5.2 4.15 3 4.15
13 months 5.1 4.15 3 4.15
14 months 5.1 4.15 3 4.15
15 months 5.1 4.15 3 4.15
16 months 5.1 4.15 3 4.15
17 months 5.1 4.15 3 4.15
18 months 5.25 4.25 3 4.25
2 years 5.4 4.45 3 4.45
30 months 5.4 4.45 3 4.45
3 years 5.4 4.45 3 4.45
5 years to 10 years 5.75 4.45 3 4.45
Source: Bank website
Axis Bank NRE Fixed Deposit Plus Interest Rate

Axis Bank NRE Fixed Deposit Plus Interest Rate

On non-resident external deposits (NRE) of Rs 5 Cr and more, Axis Bank gives the interest rates below from 14.12.2021. These deposits do not allow premature withdrawals.

Tenor Rs 5 Cr to Rs 10 Cr Rs 10 Cr to Rs 25 Cr Rs 25 Cr to Rs 50 Cr Rs 50 Cr to Rs 100 Cr Rs 100 Cr and more
1 year 4.5 4.5 4.5 4.5 4.5
1 year 5 days 4.5 4.5 4.5 4.5 4.5
1 year 11 days 4.5 4.5 4.5 4.5 4.5
1 year 25 days 4.5 4.5 4.5 4.5 4.5
13 months 4.5 4.5 4.5 4.5 4.5
14 months 4.5 4.5 4.5 4.5 4.5
15 months 4.5 4.5 4.5 4.5 4.5
16 months 4.5 4.5 4.5 4.5 4.5
17 months 4.5 4.5 4.5 4.5 4.5
18 months 4.5 4.5 4.5 4.5 4.5
2 years 4.7 4.7 4.7 4.7 4.7
30 months 4.7 4.7 4.7 4.7 4.7
3 years 4.7 4.7 4.7 4.7 4.7
5 years to 10 years 4.7 4.7 4.7 4.7 4.7
Source: Bank website