Axis Bank has revised its fixed deposit (FD) interest rates for amounts below Rs 3 crore

Axis Bank revises FD interest rates; now earn up to 7.75% fixed deposit rate The revised FD rates are effective October 21, 2024, according to the Axis Bank website

Axis Bank has revised its fixed deposit (FD) interest rates for amounts below Rs 3 crore. The revised FD rates are effective October 21, 2024, according to the Axis Bank website.

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Latest Axis Bank FD interest rates

Axis Bank offers FD interest rates between 3% and 7.25% for general citizens on tenures between 7 days and 10 years. Axis Bank offers interest rates between 3.5% and 7.75% for senior citizens.

Deposits - Less than ₹ 5 crores* w.e.f 21st October 2024**Maturity PeriodInterest Rates (percent per annum)GeneralSenior CitizensLess thanLess than₹ 3 Cr₹ 3 Cr7 – 14 days33.515 – 29 days33.530 – 45 days3.5446 – 60 days4.254.7561 days 4.553 months – 3 months 24 days4.755.253 months 25 days 4.755.254 months 4.755.255 months 4.755.256 months 5.756.257 months 5.756.258 months 5.756.259 months 66.510 months 66.511 months – 11 months 24 days66.511 months 25 days 66.51 year – 1 year 4 days6.77.21 year 5 days – 1 year 10 days6.77.21 year 11 days – 1 year 24 days6.77.21 year 25 days 6.77.213 months 6.77.214 months 6.77.215 months 7.257.7516 months 7.257.7517 months 7.257.7518 Months 7.257.752 years 7.17.630 months 7.17.63 years 7.17.65 years to 10 years77.75
Axis bank NRI fixed deposit
The bank offers NRI interest rates between 6.70% to 7.25% for tenure 1 year to 10 years for amounts below Rs 3 crore.

Below₹ 3 Cr 1 year – 1 year 4 days6.71 year 5 days – 1 year 10 days6.71 year 11 days – 1 year 24 days6.71 year 25 days 6.713 months 6.714 months 6.715 months 7.2516 months 7.2517 months 7.2518 months 7.252 years 7.130 months 7.13 years 7.15 years to 10 years7
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Other banks that have revised fixed deposit interest rates in October are Bank of Baroda, IndusInd Bank, Punjab National Bank, and Punjab & Sind FD interest rates.
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This story originally appeared on: India Times - Author:Faqs of Insurances