Axis Bank offers up to 7.75% interest on senior citizen FDs; 7.1% rate to others

interest rates with effect from December 26, 2023, according to the bank's website. The revised rates are applicable for FDs worth less than Rs 2 crore. The highest interest rate for individuals can go up to 7.10% and the highest interest rate for senior citizens can go up to 7.75% in the private sector lender.

Axis Bank FD interest rates revised (from December 26, 2023)

Axis Bank offers an interest rate of 3% for FDs maturing between 7 days and 29 days. For FDs maturing between 30 days and 45 days, the bank offers an interest rate of 3.5%. FDs maturing between 46 days and 60 days will fetch an interest rate of 4.25%.

For FD tenures maturing between 61 days and less than three months, the bank offers an interest rate of 4.5%. Axis Bank offers an interest rate of 4.75% for FDs maturing between three months and 25 days and less than six months.

Axis Bank customers will get an interest rate of 6% on FDs maturing between nine months and less than a year. FDs maturing between one year and less than 15 months, will get an interest rate of 6.70%.

Maturity PeriodGeneral Individuals7 to 14 days3%15 to 29 days 3%30 to 45 days3.50%46 to 60 days4.25%61 days 3 months4.50%3 months – 3 months 24 days 4.75%3 months 25 days 4 months4.75%4 months 5 months4.75%5 months 6 months4.75%6 months 7 months5.75%7 months 8 months5.75%8 months 9 months5.75%9 months 10 months6%10 months 11 months6%11 months – 11 months 24 days6%11 months 25 days 1 year6%1 year – 1 year 4 day6.70%1 year 5 days – 1 year 10 days6.70%1 year 11 days – 1 year 24 days6.70%1 year 25 days 13 months6.70%13 months 14 months6.70%14 months 15 months6.70%15 months 16 months7.10%16 months 17 months7.10%17 months 18 months7.10%18 Months 2 years7.10%2 years 30 months7.10%30 Read more on economictimes.indiatimes.com