Axis bank interest rates

Tenure Normal Citizen FD Rate Senior Citizen FD Rate 7 days - 1 month 15 days 3.5% 3.5% 1 month 16 days - 1 month 30 days 4% 4% 2 months - 2 months 29 days 4.5% 4.5% 2 months 30 days - 5 months 26 days 4.75% 4.75% 5 months 27 days - 8 months 28 days 5.75% 6% 9 months - 11 months 29 days 6% 6.25% 11 months 30 days - 1 year 3 days 6.75% 7.5% 1 year 4 days - 1 year 29 days 6.8% 7.55% 1 year 1 month - 1 year 11 months 29 days 7.1% 7.85% 1 year 11 months 30 days - 2 years 5 months 28 days 7.05% 7.8% 2 years 5 months 29 days - 9 years 11 months 28 days 7% 7.75% Axis Bank is the third largest private sector bank in India. Axis Bank offers a wide range of financial services to various customer segments like large and mid-cap corporations, MSMEs, and retail and agricultural businesses. The bank was incorporated in 1994 as a UTI bank and was renamed in July 2007. It is headquartered in Mumbai. As of March 31st 2022, Axis bank has 4,758 outlets across India and more than 16,990 ATMs/ Cash Withdrawal Machines. Axis Bank Deposits stood at INR 8,21,721 crores as of March 2022. Axis Bank’s Fixed Deposits have a AAA Credit Rating. Axis Bank offers multiple fixed deposits for various tenures with different interest rates to its investors. The interest rate on Axis Bank FDs is higher than their savings account. One can invest in Axis Bank FDs in a hassle-free manner, enjoy their flexible tenures, and seamless transfers with just a minimum investment of INR 5,000. This article covers Axis ba...

Bank Name NRE savings account Interest rate Minimum monthly balance requirements Axis Bank 3% (Balance below 50 Lakhs) 3.50% (Balance above 50 Lakhs to Rs. 800 cr.) – Rs. 10,000 to Rs. 12,000 (easy savings account) – Rs. 25,000 (prime savings account) Kotak Mahindra Bank 3.50% Rs. 10,000 ICICI Bank 3% (Balance below 50 Lakhs) 3.50% (Balance above 50 Lakhs) Rs. 10,000 HDFC Bank 3.50% (Balance of and above Rs. 50 lakh) 3% (Balance below 50 Lakhs) Rs. 10,000 (Metro & urban branches) & Rs. 5,000 (Semi-urban/Rural branches) SBI Bank 2.70% for balance < Rs. 10 cr 3.00% p.a. for balance Rs. 10 cr and above Rs. 1 lakh for Metro & Urban areas and Rs. 50,000 for Semi-Urban and rural areas Bank of Baroda 2.75% Quarterly average balance Rs. 50,000 Yes Bank 4% (up to 1 lakh) 4.25% (Rs. 1 lakh to 5 lakh) 5% (Rs. 5 lakh to 10 lakh) 6% (Rs. 10 lakh to Rs. 1Cr) 6.25% (Rs. 1 cr to 10 cr) 6.00% (Rs. 10cr to Rs. 25 Cr) Rs. 10,000 RBL Bank 4.25% to 7.00% Rs. 50,000 Federal Bank 3.05% – 6.00% p.a. Rs. 5,000 – Rs. 10,000 SBM 3.50% (up to 2 Lakhs) 4% (2 lakhs to 5 lakhs) 5% (above 5 Lakhs) 0 Balance 10 Best NRE Accounts in India 2023 Note: Interest rates are subject to periodic change. Best NRE Accounts in India: Feature and Benefits of NRE Savings Account Features and benefits of NRE accounts are as under: • You can park your income earned outside in NRE accounts. • Repatriation of both principal and interest components is permissible for NRE accounts. • Taxation rules are not applicable to NRE ...

Note: Please clear browser history/cookies before accessing the interest rate chart on website in order to view the latest effective interest rates ^ Premature withdrawal not permitted * For terms & conditions and any other details, please contact your nearest Axis Bank Branch. ** Rates are subject to change without any prior notice. *The Bank at its discretion, may disallow premature withdrawal of large deposits for amount Rs.5 crores and above, held by entities other than Individuals and Hindu Undivided Family (HUF).