Axis Bank FD Rates: Axis Bank has increased the interest on FDs of less than Rs 2 crore. Axis Bank has increased the interest on FD by 0.40 percent. These new interest rates have come into effect from today, March 10, 2023. Axis Bank had increased the interest rates a few days back. Most banks have increased the interest on FDs after the RBI increased the repo rate to control inflation.
Increased interest on this FD
According to Axis Bank’s website, the bank has increased the interest rate on FDs of 13 months and less than two years by 40 basis points i.e. 0.40 per cent. The bank has increased the interest on this from 6.75 per cent to 7.15 per cent. Bank Sabes is paying an interest of 7.26 percent more on FDs from 2 years to 30 months. These are the new interest rates of the 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: 6.75 per cent for general public; 7.50 percent for senior citizens
1 year 11 days to less than 1 year 24 days: 6.75 per cent for general public; 7.50 percent for senior citizens
1 year 25 days to less than 13 months: 7.10 per cent for general public; 7.85 percent for senior citizens
13 months to less than 14 months: 7.15 per cent for general public; 7.90 percent for senior citizens
14 months to less than 15 months: 7.15 per cent for general public; 7.90 percent for senior citizens
15 months to less than 16 months: 7.15 per cent for general public; 7.90 percent for senior citizens
16 months to less than 17 months: 7.15 per cent for general public; 7.90 percent for senior citizens
17 months to less than 18 months: 7.15 percent for general public; 7.90 percent for senior citizens
18 months to less than 2 years: 7.15 per cent for general public; 7.90 percent for senior citizens
2 years to less than 30 months: 7.26 per cent for general public; 8.01 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.
