Axis Bank revises fixed deposit interest rates | Check latest rates here

Private sector lender Axis Bank has revised its interest rates for fixed deposits under Rs 2 crore, with effect from today i.e. September 7, 2022.

After adjustment, the fixed deposits with maturities in the 7 days to 10 years range have an interest rates from 2.5 percent to 5.75 percent for the general category, whereas for senior citizens it is in the 2.5 percent to 6.5 percent range.

For fixed deposits maturing from seven to 29 days, the bank is offering 2.5 percent interest rate. For 30 days to 3 months, it is giving 3 percent interest, For maturity of 9 months to 1 year, it is offering 4.75 percent interest. For two to five years, it is giving 5.7 percent, whereas for five to 10 years the interest rate is 5.75 percent.

For senior citizens, Axis Bank is offering the same interest rates for maturity period of up to 6 months. For nine months to one year, the interest rate is 5 percent, for two to five years it is 6.45 percent and for five years to 10 years it is 6.5 percent.

The minimum amount to open an FD account in Axis Bank is Rs 5,000 via internet banking or a mobile app and it is Rs 10,000 via a bank branch.