Axis Bank Fixed Deposit Rates – myITreturn Help Center

Deposit Amount Range

Tenure Range

Interest Rate

Less than ₹ 2 Cr

7 Days to 10 Years

3.5% - 7.65%

(Quarterly Compounding)

Features: Premature withdrawal

Online facilities

Tax savings

Documents

Credit Rating: CRISIL AAA

Number of Nominees: 1

Institution type: Indian Private Sector Bank

DEPOSITS – LESS THAN 5 CRORES (Normal) W.E.F. 27/03/2019**

SR. NO.	PERIOD	INTEREST RATES (% P.A.)
		DEPOSITS BELOW RS. 2 CRORE	DEPOSITS OF RS. 2 CRORE < RS.4.91 CRORES	DEPOSITS OF RS. 4.91 CRORE < RS.4.92 CRORES	DEPOSITS OF RS. 4.92 CRORE < RS.5 CRORES
1.	7 days to 14 days	3.50	5.75	5.75	5.75
2.	15 days to 29 days	3.50	5.75	5.75	5.75
3.	30 days to 45 days	5.50	6.25	6.00	6.25
4.	46 days to 60 days	6.25	6.50	6.25	6.50
5.	61 days < 3 months	6.25	6.50	6.25	6.50
6.	3 months < 4 months	6.25	7.00	6.50	7.00
7.	4 months < 5 months	6.25	7.00	6.50	7.00
8.	5 months < 6 months	6.25	7.00	6.50	7.00
9.	6 months < 7 months	6.75	7.30	6.30	7.30
10.	7 months < 8 months	6.75	7.30	6.30	7.30
11.	8 months < 9 months	6.75	7.30	6.30	7.30
12.	9 months < 10 months	7.10	7.35	6.35	7.35
13	10 months < 11 months	7.10	7.35	6.35	7.35
14.	11 months < 1 year	7.10	7.35	6.35	7.35
15.	1 year < 1 year 5 days	7.30	7.50	6.50	7.50
16.	1 year 5 days < 1 year 11 days	7.30	7.65	6.65	7.65
17.	1 year 11 days < 13 months	7.30	7.50	6.50	7.50
18.	13 months < 14 months	7.35	7.65	6.65	7.65
19.	14 months < 15 months	7.30	7.50	6.50	7.50
20.	15 months < 16 months	7.30	7.50	6.50	7.50
21.	16 months < 17 months	7.30	7.50	6.50	7.50
22.	17 months < 18 months	7.30	7.65	6.65	7.65
23.	18 Months < 2 years	7.30	7.50	6.50	7.50
24.	2 years < 30 months	7.50	7.50	6.50	7.50
25.	30 months < 3 years	7.50	7.50	6.50	7.50
26.	3 years < 5 years	7.25	7.40	6.40	7.40
27.	5 years to 10 years	7.25	7.00	6.50	7.00

*For terms & conditions and any other details, please contact your nearest Axis Bank Branch.

**Rates are subject to change without any prior notice.

DEPOSITS – SENIOR CITIZENS – LESS THAN 5 CRORES* W.E.F. 27/03/2019**

SR.NO.	PERIOD	INTEREST RATES (% P.A.)
		DEPOSITS BELOW RS. 2 CRORE	DEPOSITS OF RS. 2 CRORE < RS.4.91 CRORES	DEPOSITS OF RS. 4.91 CRORE < RS.4.92 CRORES	DEPOSITS OF RS. 4.92 CRORE < RS.5 CRORES
1.	7 days to 14 days	3.50	5.75	5.75	5.75
2.	15 days to 29 days	3.50	5.75	5.75	5.75
3.	30 days to 45 days	5.50	6.25	6.00	6.25
4.	46 days to 60 days	6.25	6.50	6.25	6.50
5.	61 days < 3 months	6.25	6.50	6.25	6.50
6.	3 months < 4 months	6.25	7.00	6.50	7.00
7.	4 months < 5 months	6.25	7.00	6.50	7.00
8.	5 months < 6 months	6.25	7.00	6.50	7.00
9.	6 months < 7 months	7.00	7.55	6.55	7.55
10.	7 months < 8 months	7.00	7.55	6.55	7.55
11.	8 months < 9 months	7.00	7.55	6.55	7.55
12.	9 months < 10 months	7.35	7.60	6.60	7.60
13	10 months < 11 months	7.35	7.60	6.60	7.60
14.	11 months < 1 year	7.35	7.60	6.60	7.60
15.	1 year < 1 year 5 days	7.95	8.15	7.15	8.15
16.	1 year 5 days < 1 year 11 days	7.95	8.30	7.30	8.30
17.	1 year 11 days < 13 months	7.95	8.15	7.15	8.15
18.	13 months < 14 months	8.00	8.30	7.30	8.30
19.	14 months < 15 months	7.95	8.15	7.15	8.15
20.	15 months < 16 months	7.95	8.15	7.15	8.15
21.	16 months < 17 months	7.95	8.15	7.15	8.15
22.	17 months < 18 months	7.95	8.30	7.30	8.30
23.	18 Months < 2 years	7.95	8.15	7.15	8.15
24.	2 years < 30 months	8.15	8.15	7.15	8.15
25.	30 months < 3 years	8.00	8.00	7.00	8.00
26.	3 years < 5 years	7.75	7.90	6.90	7.90
27.	5 years to 10 years	7.75	7.50	7.00	7.50

*For terms & conditions and any other details, please contact your nearest Axis Bank Branch.

** Rates are subject to change without any prior notice.

DEPOSITS – 5 CRORES & ABOVE* W.E.F. 30/03/2019**

Sr. No.	PERIOD	INTEREST RATES (% P.A.)
		RS. 5 CRORES < RS.10 CRORES	RS. 10 CRORES < RS.25 CRORES	RS. 25 CRORES < RS.50 CRORES	RS. 50 CRORES < RS.100 CRORES	RS. 100 CRORES AND ABOVE
1.	7 days to 14 days	5.75	5.75	5.75	5.75	5.75
2.	15 days to 29 days	5.75	5.75	5.75	5.75	5.75
3.	30 days to 45 days	6.25	6.25	6.25	6.25	6.25
4.	46 days to 60 days	6.50	6.50	6.50	6.50	6.50
5.	61 days < 3 months	6.75	6.75	6.75	6.75	6.75
6.	3 months < 4 months	7.00	7.00	7.00	7.00	7.00
7.	4 months < 5 months	7.10	7.10	7.10	7.10	7.10
8.	5 months < 6 months	7.20	7.20	7.20	7.20	7.20
9.	6 months < 7 months	7.30	7.30	7.30	7.30	7.30
10.	7 months < 8 months	7.30	7.30	7.30	7.30	7.30
11.	8 months < 9 months	7.30	7.30	7.30	7.30	7.30
12.	9 months < 10 months	7.35	7.35	7.35	7.35	7.35
13	10 months < 11 months	7.35	7.35	7.35	7.35	7.35
14.	11 months < 1 year	7.35	7.35	7.35	7.35	7.35
15.	1 year < 1 year 5 days	7.50	7.50	7.50	7.50	7.65
16.	1 year 5 days < 1 year 11 days	7.65	7.65	7.65	7.65	7.65
17.	1 year 11 days < 13 months	7.50	7.50	7.50	7.50	7.50
18.	13 months < 14 months	7.65	7.65	7.65	7.65	7.65
19.	14 months < 15 months	7.50	7.50	7.50	7.50	7.50
20.	15 months < 16 months	7.50	7.50	7.50	7.50	7.50
21.	16 months < 17 months	7.50	7.50	7.50	7.50	7.50
22.	17 months < 18 months	7.65	7.65	7.65	7.65	7.65
23.	18 Months < 2 years	7.50	7.50	7.50	7.50	7.50
24.	2 years < 30 months	7.50	7.50	7.50	7.50	7.50
25.	30 months < 3 years	7.50	7.50	7.50	7.50	7.50
26.	3 years < 5 years	7.40	7.40	7.40	7.40	7.40
27.	5 years to 10 years	7.00	7.00	7.00	7.00	7.00

*For terms & conditions and any other details, please contact your nearest Axis Bank Branch.

** Rates are subject to change without any prior notice.

INTEREST RATES ON “FIXED DEPOSIT PLUS” (PREMATURE WITHDRAWAL NOT PERMITTED)*

DEPOSITS – 5 CRORES & ABOVE* W.E.F 30/03/2019**

SR.NO.	PERIOD	INTEREST RATES (% P.A.)
		DEPOSITS OF RS. 5 CRORES < RS.10 CRORES	DEPOSITS OF RS. 10 CRORES < RS.25 CRORES	DEPOSITS OF RS. 25 CRORES < RS.50 CRORES	DEPOSITS OF RS. 50 CRORES < RS.100 CRORES	DEPOSITS OF RS. 100 CRORES AND ABOVE
1	7 days to 14 days	5.75	5.75	5.75	5.75	5.75
2	15 days to 29 days	5.75	5.75	5.75	5.75	5.75
3	30 days to 45 days	6.25	6.25	6.25	6.25	6.25
4	46 days to 60 days	6.5	6.5	6.5	6.5	6.5
5	61 days < 3 months	6.75	6.75	6.75	6.75	6.75
6	3 months < 4 months	7.1	7.1	7.1	7.1	7.1
7	4 months < 5 months	7.2	7.2	7.2	7.2	7.2
8	5 months < 6 months	7.3	7.3	7.3	7.3	7.3
9	6 months < 7 months	7.4	7.4	7.4	7.4	7.4
10	7 months < 8 months	7.4	7.4	7.4	7.4	7.4
11	8 months < 9 months	7.4	7.4	7.4	7.4	7.4
12	9 months < 10 months	7.45	7.45	7.45	7.45	7.45
13	10 months < 11 months	7.45	7.45	7.45	7.45	7.45
14	11 months < 1 year	7.45	7.45	7.45	7.45	7.45
15	1 year < 1 year 5 days	7.6	7.6	7.6	7.6	7.75
16	1 year 5 days < 1 year 11 days	7.9	7.75	7.75	7.75	7.75
17	1 year 11 days < 13 months	7.6	7.6	7.6	7.6	7.6
18	13 months < 14 months	7.75	7.75	7.75	7.75	7.75
19	14 months < 15 months	7.6	7.6	7.6	7.6	7.6
20	15 months < 16 months	7.6	7.6	7.6	7.6	7.6
21	16 months < 17 months	7.6	7.6	7.6	7.6	7.6
22	17 months < 18 months	7.75	7.75	7.75	7.75	7.75
23	18 Months < 2 years	7.6	7.6	7.6	7.6	7.6
24	2 years < 30 months	7.6	7.6	7.6	7.6	7.6
25	30 months < 3 years	7.6	7.6	7.6	7.6	7.6
26	3 years < 5 years	7.5	7.5	7.5	7.5	7.5
27	5 years to 10 years	7	7	7	7	7

*For terms & conditions and any other details, please contact your nearest Axis Bank Branch.

** Rates are subject to change without any prior notice.

Axis Bank short-term Fixed Deposits

Tenure range: 7 days to 5 year
Highest interest rate: 7.65% p.a.
Range of interest rates: 3.50% p.a. to 7.65% p.a.

Axis Bank medium-term FD schemes

Range of maturities available: 1 year to 5 years
Highest Axis Bank FD rate: 7.65% p.a.
Rates available: 7.30% p.a. to 7.65% p.a.

Axis Bank long-term Term Deposits

Period of deposit: Above 5 years to 10 years
Rate of interest: 7.25% p.a.

Axis Bank Fixed Deposit rates for Senior Citizens

Senior Citizens are eligible to receive 0.50% higher interest on FDs under Rs.5 crore.
Highest Axis Bank FD rate for senior citizens: 8.30% p.a.

Types of Axis Bank fixed deposits

There are a different options that an investor can choose from as far as FDs are concerned. Let us take a look at types of term deposits that are offered by Axis Bank:

Regular Fixed Deposit
Tax-Saver Fixed Deposit
Fixed Deposit Plus
Encash 24 Flexi Deposit

Regular Fixed Deposit

This is the regular, conventional time-deposit scheme that comes with features such as nomination facility, reinvestment of interest, and online banking options.
The rate of interest paid has a competitive edge.
Deposits can be opened online.

Tax-Saver Fixed Deposit

A 5-year deposit that offers tax deduction benefit as per provisions under Section 80C of the Income Tax Act.
Tax benefit up to Rs.1.5 lakh.
A mandatory lock-in duration of at least a minimum of 5 years.

Fixed Deposit Plus

This is a type of FD plan that gives the investor comparatively higher returns when compared to the usual term deposit.
The minimum investment amount is Rs.15,00,001.
It is possible to customise this type of investment as per personal needs.

Encash 24 Flexi Deposit

Gives the customer ‘dual benefits’ by offering a smooth integration between a savings bank account and a fixed deposit.
Comes with a minimum tenure of 6 months and a maximum of 5 years.
Gives high liquidity to the account holder.

Features & benefits

Axis Bank gives customers the option to choose any type of FD as per individuals financial needs and goals.
Customisable and easy-to-open term deposit schemes.
Attractive interest rates.
Online banking and seamless bank transfers for FD opening.

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Source: Axis Bank official Website

Updated: 28/03/2019

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