Axis Bank Interest Rates on FD, Feb 2017

Fixed Deposit Interest Rate of Axis Bank

Last Updated 13th Feb 2017
Tenure General Rates Senior Citizen Rates
7 days to 14 days 3.50% 3.50%
15 days to 29 days 3.50% 3.50%
30 days to 45 days 5.50% 5.50%
46 days to 60 days 6.00% 6.00%
61 days to 89 days 6.00% 6.00%
90 days to 119 days 6.25% 6.25%
120 days to 149 days 6.25% 6.25%
150 days to 179 days 6.25% 6.25%
6 months to 6 months 29 days 6.50% 6.75%
7 months to 7 months 29 days 6.50% 6.75%
8 months to 8 months 29 days 6.50% 6.75%
9 months to 9 months 29 days 6.75% 7.00%
10 months to 10 months 29 days 6.75% 7.00%
11 months to 364 days 6.75% 7.00%
1 year to 1 year 29 days 7.00% 7.50%
13 months to 13 months 29 days 7.00% 7.50%
14 months to 14 months 29 days 7.00% 7.50%
15 months to 15 months 29 days 7.00% 7.50%
16 months to 16 months 29 days 7.00% 7.50%
17 months to 17 months 29 days 7.00% 7.50%
18 months to 1 year 364 days 7.00% 7.50%
2 years to 2 years 179 days 6.75% 7.25%
30 months to 2 years 364 days 6.75% 7.25%
3 years to 4 years 364 days 6.75% 7.25%
5 years to 10 years 6.75% 7.25%
Read Latest News on Axis Bank Here
  • Axis Bank offers FD interest rates upto 7.00% per annum.
  • Interest on deposits with Axis Bank is typically compounded quarterly.
  • Axis Bank accepts deposits starting at Rs. 10000 for various tenures.
  • For senior citizens (age more than 60 years), Axis Bank offers higher interest rate over and above rates mentioned below.
Calculate Axis Bank
FD Maturity Amount

Axis Bank Fixed Deposit – Premature Withdrawl

  • You may break you FD and withdraw your money subject to minimum moratorium requirements.
  • However, in case of premature withdrawal, Axis Bank pays 1% lower ROI than that applicable for actual duration of deposit.

Loan against Axis Bank FD

  • Axis Bank offers loan upto 90% against its own deposit. Note that you cannot obtain a loan against FD from another bank.
  • Applicable rate of interest on loan against FD is typically 0.5% to 2% over the fixed deposit rate.

Axis Bank Interest Rates in your city. How and where to apply?

  • Keep your KYC documents - PAN card, address proof and photo ready.
  • In case you already hold an account with Axis Bank, you don’t need to submit KYC documents again.
  • To know more or apply, contact any of the branches of Axis Bank in your city - Find Axis Bank Branches here

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  • Axis Bank FD rates with other banks in India

About Axis Bank

Axis Bank. formerly known as UTI Bank, is the third largest private sector bank in India with its headquarter based in Mumbai, Maharashtra. The bank was promoted by UTI Holdings, LIC, GIC and its four subsidiaries and was the first new private sector bank formed in the year 1993-1994, after Govt. of India's issued guidelines for formation of a new bank under the new liberalized regime. Today, the bank offers financial services across all consumer segments including retail, Large & Mid corporate, small and medium enterprises, and agriculture. As on 31st March 2014, Axis Bank had 2,402 branches, 12,992 ATM's and 42,420 employees spread all across the country. It has significant international presence as well with 7 international offices and branches opening in China and a subsidiary AXIS Bank UK in UK. Axis Bank has registered strong growth over the last few years. The bank's advances grew at 24% in FY14 over FY13 with retail advances estimated at Rs 59,531 crore comprising 27% of total advances. Home Loans is a key focus segment of the bank and account for 65% of its total retail advances and 18% of its total advances. The bank has won many awards and recognition for their work over the years, most notably 'Fastest growing large banks awards in both 2013 and 2014 by Business world magazine. The bank has also won "Consistent Performer- India" best bank survey' by Business Today & KPMG.
News - Feb 2017
08th Feb 17 Axis Bank to sell its 10 percent stake in Experian India Credit Information Company
Axis Bank is set to sell its 10 percent stake in Experian India Credit Information Company to Mauritius based investment firm West Bridge Capital for Rs. 64 crore. The bank awaits approval from Reserve bank of India to move forward with the deal.
07th Feb 17 Axis Bank ties up with Earthport to provide outbound cross border payments
Axis Bank has hired Earthport Global Payment Networks to provide faster outbound cross border payments to its customers. Under the association, bank can, through a single connection with Earthport, send payments to almost any bank account in the world on behalf of their clients in an efficient and cost effective manner. Axis Bank becomes the first bank in India to connect with Earthport Global Payments Network present in 60 countries.
03rd Feb 17 Axis Bank to raise 10 million dollars via floating rate bonds
Axis Bank is set to raise funds worth 10 million dollars via floating rate bonds. The bonds with a tenure of 3 years will be issued from its Dubai International Financial Center branch.
20th Jan 17 Axis Bank registers a 73 percent fall in its net profit in third quarter of FY 17
Axis Bank has registered a decline of 73 percent in its net profit at Rs. 580 crore for the quarter ending on 31st December, 2016 as compared to Rs. 2, 175 crore for the corresponding period a year ago. The decline in net profit has been caused to by a sharp rise in the non performing assets of the bank and reached Rs. 20, 466 crore during the latest quarter compared to Rs. 6, 378 crore a year ago.
19th Jan 17 Axis Bank is likely to see a decline in its net profit during the third quarter of FY 17
Analysts at CNBC have forecasted a decline in net profit of Axis Bank during the third quarter ending 31st December, 2016. As per the polls, the bank is likely to see a fall of 63 percent in its net profit to Rs. 802 crore on a year on year basis. Axis Bank is scheduled to announce its Q3 results on 19th January, 2017.
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