AXIS Bank FD Interest Rates 2021 - Check Latest Interest Rate Upto 5.75%

Home>FD>AXIS Bank

share
AXIS BankFixed Deposit
5.40%
2 Years 
5.10%
1 Year 
5.25%
1 Year 6 Months 
4.40%
6 Months 
Overview of AXIS Bank FDs
2.50% - 5.75%
Interest rates
3 months - 10 years
Time Period
₹10,000 - no limit
Min. - Max amount
QUARTERLY
Compounding
About AXIS BankAxis Bank Limited is a renowned Indian Banking and financial services company headquartered in Mumbai, Maharashtra. It is regarded as the third-largest private sector bank in India. It offers a wide range of financial services under its retail banking services such as deposits, loans, and corporate banking services like Demat account equity capital markets and mutual fund investments, and international banking services. 
Axis Bank provides multiple fixed deposit options to its customers to secure a certain part of their savings for a fixed tenure. The competitive Axis Bank Fixed Deposit interest rates help the depositors to earn more returns by safeguarding their money and to use them judiciously in the future. Customers have to deposit the minimum deposit amount at the time of opening the account. Furthermore, withdrawal of the FD amount is not allowed until the maturity period.
Read More
Started On1993
Head QuartersMumbai
CRISIL RatingFAAA
CEOAmitabh Chaudhary
Listed on exchange asAxis Bank Ltd.
ICRA RatingMAAA
Latest AXIS Bank Interest RatesTenureRegular customersSenior citizens
15 days - 29 days
2.50%
2.50%
30 days - 45 days
3.00%
3.00%
46 days - 60 days
3.00%
3.00%
61 days - 3 months
3.00%
3.00%
90 days - 119 days
3.50%
3.50%
3 months - 6 months
3.50%
3.50%
6 months - 8 months 29 days
4.40%
4.65%
9 months - 11 months 25 days
4.40%
4.65%
13 months - 17 months 29 days
5.10%
5.75%
18 months - 2 years
5.25%
5.90%
30 months 1 day - 3 years
5.40%
5.90%
1 year - 1 year 5 days
5.10%
5.80%
1 year 5 days - 1 year 11 days
5.15%
5.75%
1 year 11 days - 1 year 25 days
5.10%
5.75%
1 year 25 days - 12 months 29 days
5.10%
5.75%
2 years - 30 months
5.40%
6.05%
3 years - 4 years 364 days
5.40%
5.90%
5 years - 10 years
5.75%
6.50%
Features & Benefits of AXIS BankSenior citizens can avail higher interest rate over regular customer’s rates
Nomination facility is provided by the bank
The minimum deposit amount required to book an FD with Axis Bank is Rs. 10,000
Avail competitive interest rates on short-term deposits with an Axis Bank FD account
One can book an FD account in a hassle-free way with Axis Bank
Loans up to 90% can be availed against your Axis Bank Fixed Deposits
Axis Bank offers a wide range of fixed deposits to choose from
Types of AXIS Bank SchemesRegular Fixed Deposit
keyboard_arrow_down
Senior citizens can avail higher interest rate over regular customer’s rates
Nomination facility is provided by the bank
The minimum deposit amount required to book an FD with Axis Bank is Rs. 10,000
Avail competitive interest rates on short-term deposits with an Axis Bank FD account
One can book an FD account in a hassle-free way with Axis Bank
Loans up to 90% can be availed against your Axis Bank Fixed Deposits
Axis Bank offers a wide range of fixed deposits to choose from
Tax Saver Fixed Deposit
keyboard_arrow_down
As the name implies, under this scheme, the depositor can avail tax benefits on deposit under Section 80C of the Income Tax Act, 1961
The bank provides the flexibility to choose between single holder type deposits and joint holder type deposits. The rate of interest depends on the category in which the applicant fall
Nomination facility is provided by the bank
Tax benefits can be claimed with a fixed deposit receipt issued by the bank
Eligibility - Resident Indians and HUFs
Fixed Deposit Plus
keyboard_arrow_down
 
Customers can earn a higher interest rate under this scheme as compared to regular term deposits
Nomination facility is provided by the bank
The minimum deposit amount is Rs. 5,00,00,000
Interest earned is subject to TDS (Tax Deducted at Source)
Depositors can choose the method of interest calculation, wiz, simple interest, and compound interest options.
Eligibility - Resident Indians, Hindu Undivided Family sole proprietorship firms, proprietorship firms, partnership firms, limited companies, and trust.
Encash 24 Flexi Deposit
keyboard_arrow_down
Under this scheme, dual benefits are offered viz. Liquidity of a savings account and high earnings of a fixed deposit.
Auto-renewal facility is available on the deposit
Enjoy Tax Benefits on deposit under Section 80C of Income Tax Act, 1961
Maximum liquidity on investment
Great returns with a shorter tenure
The FD account is linked to the existing savings account
Maximum tenure is 5 years and the minimum is 6 months
Eligibility - Savings account holders with valid PAN card
Term-wise interest ratesShort-term Deposits:
keyboard_arrow_down
For an Axis Bank FD with tenure ranging from 7 days to 12 months, the interest rate offered is from 2.50% p.a. to 5.10% p.a. These deposits are known as short-term deposits as their tenure is less than 1 year.
Long-term Deposits
keyboard_arrow_down
These deposits have their tenure ranging from 5 years to 10 years and offer an interest rate of 5.75%.
Comparison of FD RatesNameTenureInterest rate
SBI Bank
3 Months - 10 Years
2.90% - 5.40%
More Details
Equitas Bank
3 months - 10 years
3.50% - 6.50%
Deposit Now
Bajaj Finance
1 year - 5 years
5.65% - 6.50%
Deposit Now
HDFC Bank
3 months - 10 years
2.50% - 5.50%
More Details
ICICI Bank
3 months - 10 years
2.50% - 5.50%
More Details
Canara Bank
3 months - 10 years
2.95% - 5.50%
More Details
Bank of Baroda
3 months to 10 years
2.80% - 5.25%
More Details
Punjab National Bank
3 months - 10 years
3.00% - 5.25%
More Details
FAQsWhat are the tenure options available for Axis Bank FD?
keyboard_arrow_down
Axis Bank provides FD with tenures ranging from 7 days to 10 years. You can choose anyone among them.
What is the minimum deposit amount needed to open an FD account with Axis Bank?
keyboard_arrow_down
The minimum deposit amount is Rs. 10000
Can I add an additional amount to my Axis Bank FD account?
keyboard_arrow_down
 No, you can only add money at the time of opening the account.
Is the interest earned on Axis Bank FD taxable?
keyboard_arrow_down
Yes, the Axis Bank FD interest earned is taxable under the Income Tax Act, 1961. TDS is deducted by the bank at the rate of 10% if PAN is provided and 20%, if not.
What is the difference between a regular Axis Bank FD and a Tax-saver FD?
keyboard_arrow_down
In a Tax-saver FD, the investment is eligible for a deduction of up to Rs. 1.5 lakh under Section 80C of the Income Tax Act. The important thing to note is the investment made in this FD will be subject to a lock-in period of 5 years. On the other hand, a regular FD is not eligible for tax deductions and hence there is no lock-in period on the investment either.
What are the documents needed to start an FD account with Axis Bank?
keyboard_arrow_down
You need to provide 2 photographs, a driving license, or a passport to open an Axis Bank FD account

Tenure	Regular customers	Senior citizens
15 days - 29 days	2.50%	2.50%
30 days - 45 days	3.00%	3.00%
46 days - 60 days	3.00%	3.00%
61 days - 3 months	3.00%	3.00%
90 days - 119 days	3.50%	3.50%
3 months - 6 months	3.50%	3.50%
6 months - 8 months 29 days	4.40%	4.65%
9 months - 11 months 25 days	4.40%	4.65%
13 months - 17 months 29 days	5.10%	5.75%
18 months - 2 years	5.25%	5.90%
30 months 1 day - 3 years	5.40%	5.90%
1 year - 1 year 5 days	5.10%	5.80%
1 year 5 days - 1 year 11 days	5.15%	5.75%
1 year 11 days - 1 year 25 days	5.10%	5.75%
1 year 25 days - 12 months 29 days	5.10%	5.75%
2 years - 30 months	5.40%	6.05%
3 years - 4 years 364 days	5.40%	5.90%
5 years - 10 years	5.75%	6.50%

Name	Tenure	Interest rate
SBI Bank	3 Months - 10 Years	2.90% - 5.40%	More Details
Equitas Bank	3 months - 10 years	3.50% - 6.50%	Deposit Now
Bajaj Finance	1 year - 5 years	5.65% - 6.50%	Deposit Now
HDFC Bank	3 months - 10 years	2.50% - 5.50%	More Details
ICICI Bank	3 months - 10 years	2.50% - 5.50%	More Details
Canara Bank	3 months - 10 years	2.95% - 5.50%	More Details
Bank of Baroda	3 months to 10 years	2.80% - 5.25%	More Details
Punjab National Bank	3 months - 10 years	3.00% - 5.25%	More Details

High Interest Rates

FDs without Savings Account

Insured upto 5 Lakhs by RBI

No.11, 2nd floor, 80 FT Road
4th Block, S.T Bed, Koramangala
Bengaluru – 560034
Contact Us
PRODUCTS
StocksFutures & OptionsMutual FundsFixed DepositGoldUS Stocks
GROWW
About UsPricingBlogMedia & PressHelp and Support
QUICK LINKS
AMC Mutual FundsCalculatorsGlossaryOpen Demat AccountGroww Digest
ⓒ 2016-2021 Groww. All rights reserved, Built with ♥in India

CEO	Amitabh Chaudhary
Listed on exchange as	Axis Bank Ltd.
ICRA Rating	MAAA

Started On	1993
Head Quarters	Mumbai
CRISIL Rating	FAAA