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HomePersonal FinanceAxis Bank reduced interest on FD, check latest rate

Axis Bank reduced interest on FD, check latest rate

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Axis Bank FD Rates: Axis Bank has cut FD interest by 0.10 percent. This deduction has been done in FD of one period only. These new interest rates have come into effect from today, August 18, 2023


Axis Bank FD Rates: Axis Bank has cut FD interest by 0.10 percent. This deduction has been done in FD of one period only. These new interest rates have come into effect from today, August 18, 2023. The bank is currently offering interest ranging from 3.5 per cent to 7.20 per cent to its customers. The bank is offering FDs ranging from 7 days to 10 years. Axis Bank has increased the interest on FDs below Rs 2 crore. Earlier, the bank had revised the interest rates on FDs in July.

Axis Bank interest rates on FDs below Rs 2 crore

  • 7 days to 14 days: 3.50 per cent for general public; 3.50 percent for senior citizens
  • 15 days to 29 days: 3.50 per cent for general public; 3.50 percent for senior citizens
  • 30 days to 45 days: 3.50 per cent for general public; 3.50 percent for senior citizens
  • 46 days to 60 days: 4.00 per cent for general public; 4.00 percent for senior citizens
  • 61 days to less than 3 months: 4.50 per cent for general public; 4.50 percent for senior citizens
  • 3 months to less than 4 months: 4.75 per cent for general public; 4.75 percent for senior citizens
  • 4 months to less than 5 months: 4.75 per cent for general public; 4.75 percent for senior citizens
  • 5 months to less than 6 months: 4.75 per cent for general public; 4.75 percent for senior citizens
  • 6 months to less than 7 months: 5.75 per cent for general public; 6.00 percent for senior citizens
  • 7 months to less than 8 months: 5.75 per cent for general public; 6.00 percent for senior citizens
  • 8 months to less than 9 months: 5.75 per cent for general public; 6.00 percent for senior citizens
  • 9 months to less than 10 months: 6.00 per cent for general public; 6.25 percent for senior citizens
  • 10 months to less than 11 months: 6.00 per cent for general public; 6.25 percent for senior citizens
  • 11 months to less than 11 months 25 days: 6.00 per cent for general public; 6.25 percent for senior citizens
  • 11 months 25 days to less than 1 year: 6.00 per cent for general public; 6.25 percent for senior citizens
  • 1 year to less than 1 year 4 days: 6.75 per cent for general public; 7.50 percent for senior citizens
  • 1 year 5 days to less than 1 year 11 days: 6.80 per cent for general public; 7.50 percent for senior citizens
  • 1 year 11 days to less than 1 year 24 days: 6.80 per cent for general public; 7.50 percent for senior citizens
  • 1 year 25 days to less than 13 months: 6.80 per cent for general public; 7.55 percent for senior citizens
  • 13 months to less than 14 months: 7.10 per cent for general public; 7.85 percent for senior citizens
  • 14 months to less than 15 months: 7.10 per cent for general public; 7.85 percent for senior citizens
  • 15 months to less than 16 months: 7.10 per cent for general public; 7.85 percent for senior citizens
  • 16 months to less than 17 months: 7.10 per cent for general public; 7.85 percent for senior citizens
  • 17 months to less than 18 months: 7.10 per cent for general public; 7.85 percent for senior citizens
  • 18 months to less than 2 years: 7.10 per cent for general public; 7.85 percent for senior citizens
  • 2 years to less than 30 months: 7.20 per cent for general public; 7.95 percent for senior citizens
  • 30 months to less than 3 years: 7.00 per cent for general public; 7.75 percent for senior citizens
  • 3 years to less than 5 years: 7.00 per cent for general public; 7.75 percent for senior citizens
  • 5 years to 10 years: 7.00 per cent for general public; 7.75 percent for senior citizens.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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