FD Interest Rate: The new rates have come into effect from 18 March 2021. Axis Bank offers FD for various tenures ranging from 7 days to 10 years.
Axis Bank, the largest private sector bank, has changed the interest rates of Fixed Deposit. The new rates come into effect from 18 March 2021. Axis Bank offers FD for various tenures ranging from 7 days to 10 years. After this change, Axis Bank is offering an interest rate of 2.50 per cent on FDs maturing between 7 days and 29 days. The interest rate of FD maturing in less than 30 days and 3 months is 3 percent and FD interest rate of 3 months and 6 months is 3.5 percent.
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Axis Bank is paying 4.40 percent interest for FDs maturing in less than six months to 11 months to 25 months. At the same time, the interest rate on FDs of 11 months 25 days to 1 year 5 days FDs is 5.15 percent and FDs of FDs less than 18 months from 1 year 5 days are 5.10 percent. Axis Bank is offering 5.25% interest on term deposits of less than 18 months to 2 years.
Axis Bank is offering 5.40% interest on long term deposits maturing in 2 years to 5 years and 5.75% on FDs maturing in 5 years to 10 years.
