Axis Bank has increased the FD rates for a certain period. Check Latest Rates Here

Axis Bank has also joined the trend of increasing fixed deposit interest rates on various tenors for its customers. FD rate hiked by 25 basis points for deposits below 2 crores on maturities of 6 months to less than 7 months and 8 months and less than 9 months. The new rates are applicable from July 16, 2022. Several banks like SBI, IDBI Bank, DBS Bank and Canara Bank have increased their interest rates on FDs, making them more attractive to customers.

this is what you will earn on your Fixed deposit From Saturday in Axis Bank:

now, axis Bank Offers a rate of 4.65% on tenures ranging from 6 months to less than 7 months, and 4.40% on tenures of 8 months and less than 9 months. Meanwhile, a senior citizen earns at the rate of 4.65% to 4.90% on these tenures.

The bank offers 2.50% rate for general category and senior citizens on tenure of 7 days t0 29 days. The rate is around 3% on tenures ranging from 30 days to less than 3 months. Also, the rate of maturity from 3 months to less than 6 months is 3.50%. The bank offers a rate of 4.40% on tenure of 8 months to less than 7 months, while on this tenure – senior citizens the rate is 4.65%.

Meanwhile, the bank offers 4.75% to regular customers on tenures ranging from 9 months to less than 1 year, while the rate is 5% for senior citizens.

The interest rate is 5.45% for general category and 6.10% for senior citizens from 1 year to less than 1 year with tenure of 11 days.

The bank gives 5.75 percent to the general category from 1 year 11 days to less than 1 year 25 days and 5 years to 10 years. The rate for senior citizens is 6.40% on tenure of less than 1 year 11 days to 1 year 25 days and the highest is 6.50% on tenure of 5 years to 10 years.

Axis Bank offers a rate of 5.60% for general category and 6.25% for senior citizens with tenures ranging from 1 year 25 days to less than 2 years. In addition, the bank gives 5.70% and 6.35% to these investors on tenures ranging from 2 years to less than 5 years.

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