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Jan 19, 2021 Axis Bank has once again revised its fixed deposit interest rates for deposits below Rs. 2 crores with effect from 10th September 2019. The bank is offering an interest rate of 3.50% to 7.10% for a period of 7 days to 10 years for regular individuals and 3.50% to 7.75% to senior citizens.

1. .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.
2. .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.

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Axis Bank Fixed Deposit Rates 2020 Pdf

Cover arranged by Axis Bank for its customers under Digit Illness Group Insurance Policy (UIN GODHLGP20142V011920). Participation to group insurance is voluntary.

Axis Bank Fixed Deposit Interest Rate Calculator calculates the interest earned on a fixed deposit with the help of outlined components:

Axis Bank Fcnr Deposit Rates

(1) Deposit Amount

It is an amount which an FD account holder wants to invest in the fixed deposit. It is also called principal. It is to be remembered that this amount can be deposited only once hence you have to decide the amount to be invested according to your investment objectives.

(2) Interest Rate

It is the rate of interest offered by the bank where you open the FD. It differs for different tenures. Once FD is opened for a specific tenure then the interest rate will remain the same for the whole tenure.

(3) Term of Deposit (FD Tenure)

Axis Bank Term Deposit Rates

It is the duration for which the amount is invested in an FD which may vary from 7 days to 10 years. In the calculator, you can select the tenure in days, months or year.

Axis Bank Interest Rate

(4) Compounding of Interest

Axis Bank Deposit Rates

Interest can be compounded on monthly, quarterly, half yearly or annual basis. It can be a simple interest as well. You need to enter it based on the offer by the bank.