Axis Bank Revises Interest Rates On These FDs, New Rates Effective From Today, Check Rates

Published: Monday, April 10, 2023, 19:52 [IST]

Private lender Axis Bank revises the interest rates on "fixed deposits plus" of Rs. 2 crore and above. The new fixed deposit interest rates are in effect as of April 10, 2023, according to the bank's official website. Under the "Fixed Deposit Plus" scheme, premature withdrawal is not permitted.

For the deposit under this scheme, the bank provides interest rates with maturities ranging from 30 days to 10 years that fall between 5.50% and 7.35% for the general public on the amount above Rs 2 Crore to Rs 5 crore. The bank offers a maximum interest rate of 7.35% for maturity periods ranging between one year to two years.

For FD amounts above Rs 5 crore to Rs 25 crore, the bank proves interest rates between 5.55% to 7.35%. Whereas, for deposits of Rs 25 Crore to Rs 100 Crore and above, the bank provides 5.55% to 7.45%.

Axis Bank Revises Interest Rates On These FDs, New Rates Effective From Today

Interest Rates in "Fixed Deposit Plus" % in p.a. (Premature Withdrawal Not Permitted)

PERIOD	DEPOSITS OF RS. 2 CRORES	DEPOSITS OF RS. 5 CRORES	DEPOSITS OF RS. 10 CRORES	DEPOSITS OF RS. 25 CRORES	DEPOSITS OF RS. 50 CRORES	DEPOSITS OF RS. 100 CRORES AND ABOVE
30 days to 45 days	5.5	5.55	5.55	5.55	5.55	5.55
46 days to 60 days	6	5.8	5.8	5.8	5.8	5.8
61 days	6.25	6.25	6.25	6.25	6.25	6.25
3 months	6.85	6.85	6.85	7.15	7.15	7.15
4 months	6.85	6.85	6.85	7.15	7.15	7.15
5 months	6.85	6.85	6.85	7.15	7.15	7.15
6 months	7	7	7	7.25	7.25	7.25
7 months	7	7	7	7.25	7.25	7.25
8 months	7	7	7	7.25	7.25	7.25
9 months	7.15	7.15	7.15	7.5	7.5	7.5
10 months	7.15	7.15	7.15	7.5	7.5	7.5
11 months to 11 months 24 days	7.15	7.15	7.15	7.5	7.5	7.5
11 months 25 days	7.15	7.15	7.15	7.5	7.5	7.5
1 year to 1 year 4 days	7.35	7.35	7.35	7.8	7.8	7.8
1 year 5 days to 1 year 10 days	7.35	7.35	7.35	7.8	7.8	7.8
1 year 11 days to 1 year 24 days	7.35	7.35	7.35	7.8	7.8	7.8
1 year 25 days	7.35	7.35	7.35	7.8	7.8	7.8
13 months	7.35	7.35	7.35	7.8	7.8	7.8
14 months	7.35	7.35	7.35	7.8	7.8	7.8
15 months	7.35	7.35	7.35	7.45	7.45	7.45
16 months	7.35	7.35	7.35	7.45	7.45	7.45
17 months	7.35	7.35	7.35	7.45	7.45	7.45
18 Months	7.35	7.35	7.35	7.45	7.45	7.45
2 years	7.3	7.3	7.3	7.3	7.3	7.3
30 months	7.3	7.3	7.3	7.3	7.3	7.3
3 years	7.25	7.25	7.25	7.25	7.25	7.25
5 years to 10 years	7.25	7.25	7.25	7.25	7.25	7.25

Source - Axisbank.com

Story first published: Monday, April 10, 2023, 19:52 [IST]

Other articles published on Apr 10, 2023