Axis Bank has revised interest rates with effect from March 18 on fixed deposits (FDs). Ranging from 7 days to 10 years, Axis Bank offers FDs across different tenures.
On FDs with maturity between 7 days and 29 days, Axis Bank is offering an interest rate of 2.50 percent. FDs maturing between 30 days and less than 3 months, bank offers 3 percent. 3.5 percent for FDs between 3 months and less than 6 months.
Axis Bank gives a 4.40 percent interest rate for FDs maturing in six months to less than 11 months 25 days. 5.15 percent for 11 months 25 days to less than 1 year 5 days. Axis Bank gives 5.25 percent interest for term deposits maturing in 18 months to less than 2 years.
Axis Bank offers an interest rate of 5.40 percent for long-term deposits maturing in 2 years to 5 years and deposits maturing in 5 years to 10 years will fetch you an interest rate of 5.75 percent.
Axis Bank offers a higher rate to senior citizens on select maturities. Senior citizens will get an interest rate ranging from 2.5 percent to 6.50 percent on deposits maturing in 7 days to 10 years.
Here are Axis Bank's latest FD interest rates effective from March 18 for general public:
| Maturity period | Interest rates |
| 7 days to 29 days | 2.50% |
| 30 days to 3 months | 3% |
| 3 months to 6 months | 3.5% |
| 6 months to 11 months 25 days | 4.40% |
| 11 months 25 days to 1 year 5 days | 5.15% |
| 1 year 5 days to 18 months | 5.10% |
| 18 months to 2 years | 5.25% |
| 2 years to 5 years | 5.40% |
| 5 years to 10 years | 5.75% |
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