Bank FD New Interest Rates: This bank has increased interest on FD, check new rates
3 min readBank FD Rates: Axis Bank has revised the FD interest rates. The bank has revised the interest rates on FDs for quantities starting from Rs 2 crore to greater than Rs 500 crore. These new rates have come into impact from as we speak, May 1, 2024.
Axis Bank FD Rates: Axis Bank has revised the FD interest rates. The bank has revised the interest rates on FDs for quantities starting from Rs 2 crore to greater than Rs 500 crore. These new rates have come into impact as we speak from May 1, 2024. Here we’ve got informed you in regards to the interest out there on FD starting from Rs 2 crore to Rs 5 crore. Ordinary residents and senior residents get equal interest on this FD. The bank is providing FDs starting from 30 days to 10 years to its clients. After investing cash in these FDs, clients can not withdraw cash earlier than maturity.
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Axis Bank interest rates on FD lower than Rs 2 crore
- 30 days to 45 days: 5.50 p.c for basic public; 5.50 p.c for senior residents
- 46 days to 60 days: 5.75 p.c for basic public; 5.75 p.c for senior residents
- 61 days to lower than 3 months: 6 p.c for basic public; 6 p.c for senior residents
- 3 months to lower than 4 months: 6.75 p.c for basic public; 6.75 p.c for senior residents
- 4 months to lower than 5 months: 6.75 p.c for basic public; 6.75 p.c for senior residents
- 5 months to lower than 6 months: 6.75 p.c for basic public; 6.75 p.c for senior residents
- 6 months to lower than 7 months: 7 p.c for basic public; 7 p.c for senior residents
- 7 months to lower than 8 months: 7 p.c for basic public; 7 p.c for senior residents
- 8 months to lower than 9 months: 7 p.c for basic public; 7 p.c for senior residents
- 9 months to lower than 10 months: 7.25 p.c for basic public; 7.25 p.c for senior residents
- 10 months to lower than 11 months: 7.25 p.c for basic public; 7.25 p.c for senior residents
- 11 months to lower than 11 months 25 days: 7.25 p.c for basic public; 7.25 p.c for senior residents
- 11 months 25 days to lower than 1 12 months: 7.25 p.c for basic public; 7.25 p.c for senior residents
- 1 12 months to lower than 1 12 months 4 days: 7.55 p.c for basic public; 7.55 p.c for senior residents
- 1 12 months 5 days to lower than 1 12 months 11 days: 7.55 p.c for basic public; 7.55 p.c for senior residents
- 1 12 months 11 days to lower than 1 12 months 24 days: 7.55 p.c for basic public; 7.55 p.c for senior residents
- 1 12 months 25 days to lower than 13 months: 7.55 p.c for basic public; 7.55 p.c for senior residents
- 13 months to lower than 14 months: 7.55 p.c for basic public; 7.55 p.c for senior residents
- 14 months to lower than 15 months: 6.70 p.c for basic public; 7.20 p.c for senior residents
- 15 months to lower than 16 months: 7.50 p.c for basic public; 7.50 p.c for senior residents
- 16 months to lower than 17 months: 7.45 p.c for basic public; 7.45 p.c for senior residents
- 17 months to lower than 18 months: 7.45 p.c for basic public; 7.45 p.c for senior residents
- 18 months to lower than 2 years: 7.45 p.c for basic public; 7.45 p.c for senior residents
- 2 years to lower than 30 months: 7.20 p.c for basic public; 7.20 p.c for senior residents
- 30 months to lower than 3 years: 7.20 p.c for basic public; 7.20 p.c for senior residents
- 3 years to lower than 5 years: 7.20 p.c for basic public; 7.20 p.c for senior residents
- 5 years to 10 years: 7.20 p.c for basic public; 7.20 p.c for senior residents.
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