Interest rates

Axis Bank revises interest rates on term deposits; Check the Latest FD Rates

Latest FD interest rates: Private sector lender Axis Bank has raised its interest rates on term deposits. The latest rates came into effect from Tuesday (September 20). Revised FD rates now range from 2.75% to 5.75% for ordinary citizens, while the rate for senior citizens ranges from 2.75% to 6.50%.

Axis Bank now offers an interest rate of 5.75% for maturities of 1 year, 11 days to 1 year, 25 days and 5 years to 10 years, according to the Axis Bank website. This rate is the highest interest rate. For the mandate from 7 days to 29 days, the bank offers 2.75%; while for 30 days-less than 3 months the rate is 3.25%.

Here are the revised interest rates on term deposits below Rs 2 crore at Axis Bank from 20 September 2022:

7 days to 14 days: 2.75% for the General Public; 2.75% for seniors

15 days to 29 days: 2.75% for the General Public; 2.75% for seniors

30 days to 45 days: 3.25% for the General Public; 3.25% for seniors

46 days to 60 days: 3.25% for the General Public; 3.25% for seniors

61 days to less than 3 months: 3.25% for the General Public; 3.25% for seniors

3 months to less than 4 months: 3.75% for the General Public; 3.75% for seniors

4 months to less than 5 months: 3.75% for the General Public; 3.75% for seniors

5 months to less than 6 months: 3.75% for the General Public; 3.75% for seniors

6 months to less than 7 months: 4.65% for the General Public; 4.90% for seniors

7 months to less than 8 months: 4.65% for the General Public; 4.90% for seniors

8 months to less than 9 months: 4.65% for the General Public; 4.90% for seniors

9 months to less than 10 months: 4.75% for the General Public; 5.00% for seniors

10 months to less than 11 months: 4.75% for the General Public; 5.00% for seniors

11 months to less than 11 months 25 days: 4.75% for the General Public; 5.00% for seniors

11 months 25 days to less than 1 year: 4.75% for the General Public; 5.00% for seniors

1 year to less than 1 year 5 days: 5.45% for the General Public; 6.20% for seniors

1 year 5 days to less than 1 year 11 days: 5.45% for the General Public; 6.20% for seniors

1 year 11 days to less than 1 year 25 days: 5.75% for the General Public; 6.50% for seniors

1 year 25 days to less than 13 months: 5.60% for the General Public; 6.35% for seniors

13 months to less than 14 months: 5.60% for the General Public; 6.35% for seniors

14 months to less than 15 months: 5.60% for the General Public; 6.35% for seniors

15 months to less than 16 months: 5.60% for the General Public; 6.35% for seniors

16 months to less than 17 months: 5.60% for the General Public; 6.35% for seniors

17 months to less than 18 months: 5.60% for the General Public; 6.35% for seniors

18 months to less than 2 years: 5.60% for the General Public; 6.35% for seniors

2 years to less than 30 months: 5.70% for the General Public; 6.45% for seniors

30 months to less than 3 years: 5.70% for the General Public; 6.45% for seniors

3 years to less than 5 years: 5.70% for the General Public; 6.45% for seniors

5 to 10 years: 5.75% for the General Public; 6.50% for seniors.

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