Axis Bank Fixed Deposit (FD) Interest Rates

Q: Who can invest in Axis Bank FDs?

The following individuals and groups can invest in Axis Bank FDs:Residents, Hindu Undivided Families, Sole Proprietorship Firms, Partnership Firms, Limited Companies, Trust Accounts.

Q: What is the minimum amount required to start an FD with Axis Bank?

If you book an FD through the mobile app or internet banking, the minimum investment amount is Rs. 5,000. But if you visit the bank branch, the minimum amount is Rs. 10,000.

Features of Axis Bank FD

Interest rates (p.a)3.50% - 7.95%

Minimum deposit 5,000

Maximum deposit 1 Cr

Lock-in

12 months

Tenure 1 yr - 10 yrs

Extra 0.6% p.a.

FD Calculator

By Deposit Amount
By Target Amount

Deposit Amount

Min. 5,000, Max. 1 Cr

Interest Payout help icon

Deposit Tenure

Min. 1 yr, Max. 10 yrs

Are you a senior citizen?

Regular income

Target Amount

Monthly Income

Min. 5,000, Max. 5,000

Interest Payout help icon

Deposit Tenure

Min. 1 yr, Max. 10 yrs

Are you a senior citizen?

Axis Bank FD Interest Rate 2023

Tenure	General Public FD Rate	Senior Citizens FD Rate
7 days to 45 days	3.50%	3.50%
46 days to 60 days	4.00%	4.00%
61 days < 3 months	4.50%	4.50%
3 months < 4 months	4.75%	4.75%
4 months < 5 months	4.75%	4.75%
5 months < 6 months	4.75%	4.75%
6 months < 7 months	5.75%	6.00%
7 months < 8 months	5.75%	6.00%
8 months < 9 months	5.75%	6.00%
9 months < 10 months	6.00%	6.25%
10 months < 11 months	6.00%	6.25%
11 months to 11 months 24 days	6.00%	6.25%
11 months 25 days < 1 year	6.00%	6.25%
1 year to 1 year 4 days	6.75%	7.50%
1 year 5 days to 1 year 10 days	6.80%	7.55%
1 year 11 days to 1 year 24 days	6.80%	7.55%
1 year 25 days < 13 months	6.80%	7.55%
13 months < 14 months	7.10%	7.85%
14 months < 15 months	7.10%	7.85%
15 months < 16 months	7.10%	7.85%
16 months < 17 months	7.20%	7.95%
17 months < 18 months	7.10%	7.85%
18 months < 2 years	7.10%	7.85%
2 years < 30 months	7.05%	7.80%
30 months < 3 years	7.00%	7.75%
3 years < 5 years	7.00%	7.75%
5 years to 10 years	7.00%	7.75%

Note: All interest rates shown above are annual (p.a.) as on 20th Jun 2023

Fixed Deposit Interest Rates Comparison 2023

Name	Interest rate (p.a.)	Tenure	Min. deposit
Bajaj Finance Ltd.	7.11% - 8.60%	1 - 5yrs	50,000	Deposit Now
SBI Bank	3.00% - 7.60%	1 - 10yrs	1,000	View details
ICICI Bank	3.00% - 7.60%	1 - 10yrs	10,000	View details
Axis Bank	3.50% - 7.95%	1 - 10yrs	5,000	View details
HDFC Bank	3.00% - 7.75%	1 - 10yrs	5,000	View details
Bank of Baroda	3.00% - 7.75%	1 - 10yrs	1,000	View details
IDFC Bank	3.50% - 8.00%	1 - 10yrs	10,000	View details
Kotak Mahindra Bank	2.75% - 7.70%	1 - 10yrs	5,000	View details
Canara Bank	4.00% - 7.75%	1 - 10yrs	1,000	View details
Yes Bank	3.25% - 8.25%	1 - 10yrs	10,000	View details
IndusInd Bank	3.50% - 8.25%	1yr - 5yrs 1m	10,000	View details
Punjab National Bank	3.50% - 7.75%	1 - 10yrs	1,000	View details
IDBI Bank	3.00% - 7.30%	1 - 20yrs	10,000	View details
Union Bank	3.00% - 7.75%	1 - 10yrs	1,000	View details
Citibank	3.50% - 7.95%	1 - 5yrs	1,000	View details
RBL Bank	3.50% - 8.30%	1 - 10yrs	1,000	View details
Indian Bank	2.80% - 7.20%	1 - 10yrs	1,000	View details

About Axis Bank

Axis Bank is the third largest private sector bank in India. It offers a wide range of financial services from deposits, loans, credit and debit cards, demat account and mutual fund investments. The bank's customer base includes individuals, agriculture and retail businesses, MSMEs, medium and large corporations. The bank has a wide network in the country with 4,528 domestic branches and 12,044 ATMs all over the country.

Benefits of Axis Bank Fixed Deposit

1. Hassle free account opening process - Depositors can open an Axis Bank FD easily offline and online. In the offline method, you can visit any bank branch near to you to open your FD branch. You can also open an account online through the bank's website or mobile app.
2. Minimum investment - The minimum investment amount varies depending on how you open the FD. If you open an account via the bank's website or mobile app, it is 5,000. In case you open an account at any of the bank's branches, the minimum investment amount is 10,000.
3. Automatic roll-over maturity - You can avail automatic roll-over facility on your deposits on maturity. This is applicable for both the principal and the interest. In case you choose only the principal option, the principal is rolled over and the interest amount is credited to a specified account. If you choose both principal and interest option, both the deposit and interest accrued is rolled over for the same tenure. This is done at the interest rate applicable on the maturity date.
4. Flexible tenures - Axis bank offers a wide range of deposit tenures. You can keep an FD open for as little as 7 days and as long as 10 years. You have multiple tenure options in between. This is applicable to all depositors. Choose a tenure that is suitable to your financial needs.

Frequently asked questions

Who can invest in Axis Bank FDs?

The following individuals and groups can invest in Axis Bank FDs:

Residents
Hindu Undivided Families
Sole Proprietorship Firms
Partnership Firms
Limited Companies
Trust Accounts

What is the minimum amount required to start an FD with Axis Bank?

If you book an FD through the mobile app or internet banking, the minimum investment amount is Rs. 5,000. But if you visit the bank branch, the minimum amount is Rs. 10,000.

By Deposit Amount
By Target Amount

Are you a senior citizen?

Regular income

Target Amount

Are you a senior citizen?

Earn 0.25% p.a. extra interest

Maximise your returns with

Bajaj Finance Ltd.

★ ★ ★ ★ ★

8.6%

Check out Bajaj Finance Ltd.

ET Money does not offer investment options with Axis Bank fixed deposit,