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Bank released new FD rates: This bank increased interest rate on FD, new rate fixed, Now customers will get more returns

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To start investing in This Bank’s online FD, you need to deposit at least Rs 5000. The Bank is now offering its customers an interest rate ranging from 3.50% to 7% on FDs ranging from 7 days to 10 years.


Axis Bank is offering the highest interest rate of 7.20 per cent on FDs maturing in 2 years to 30 months. Axis Bank has announced to increase the interest paid on Fixed Deposit ie FD for its customers.

Axis Bank, the largest and leading bank in the private sector, has announced an increase in the interest paid on Fixed Deposits (FDs) for its customers . The bank has increased the interest rate on FDs by 5 basis points for different tenures. According to the information received from the bank’s website, the increased rates of FD have been implemented from April 21, 2023 itself. Now customers will get more returns than before.

How many rupees have to be deposited

To start investing in Axis Bank’s online FD, you need to deposit at least Rs 5000. Axis Bank is now offering its customers an interest rate ranging from 3.50% to 7% on FDs ranging from 7 days to 10 years. Axis Bank is offering the highest interest rate of 7.20 per cent on FDs maturing in 2 years to 30 months. At the same time, the bank is offering an interest rate of 7.95 per cent per annum on the FD of senior citizens.

Axis Bank FD Rate

Axis Bank is offering 3.50% interest rate on FDs maturing in 7 days to 45 days. At the same time, this bank is now offering 4% interest rate on FDs maturing in 46 days to 60 days. The bank is giving 4.50 per cent on FDs maturing in 61 days to 3 months. The bank is offering an interest rate of 4.75 per cent on deposits maturing in 3 months to 6 months. The bank is offering an interest rate of 5.75 per cent on FDs maturing in 6 months to 9 months. At the same time, the bank is offering an interest rate of 6% on FDs maturing in 9 months to 1 year.

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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