Axis Bank Fixed Deposit 2025
Axis Bank offers fixed deposits that can be easily opened online as well. Flexible repayment tenures range from 7 days to 10 years. Minimum investment of Rs.5,000 for online bookings with no upper limit .
Senior citizens are given higher interest rates than the general public for tenures starting from 6 months.
Types of Axis Bank Fixed Deposits
Tax Saver Fixed Deposit
- Earn high returns on fixed deposits for a tenure of five years.
- The minimum and maximum deposit amount are Rs.100 and Rs.1.5 lakh, respectively.
- Three tax saving FD options - Reinvestment Deposit, Monthly Interest Payout, and Quarterly Interest Payout.
Auto Fixed Deposit
- Link your existing savings account to a fixed deposit account.
- Tenure ranges from six months to five years.
- Funds are automatically transferred in multiples of Rs.5,000 to your FD account if the balance in your savings account exceeds Rs.25,000.
Benefits & Features of Axis Bank Fixed Deposit (FD)
- Automatic roll-over on maturity that is applicable for both the principal amount and interest.
- Minimum period of investment is 7 days.
- Minimum investment is Rs.5,000 for online bookings.
- Minimum investment is Rs.10,000 if booked at a bank branch.
- NRE Fixed Deposit and NRO Fixed Deposits for NRIs.
- Hassle-free and convenient opening process from anywhere.
- Smooth transfer of funds from your savings account to higher interest producing fixed deposits.
- Flexibility in choosing your branch and deciding the tenure and maturity date of your FDs.
- Open your FD account at any Axis Bank branch or online through your personal internet banking portal.
Axis Bank Fixed Deposit Plus
This is a newly launched Axis Bank Fixed Deposit Plus scheme with the following features:
- Higher rate of returns compared to regular FDs.
- Available for both Indian residents and NRIs.
- Available for both retail and corporate customers.
- Minimum investment of Rs.5 crore.
- No maximum limit on investment.
- Flexible tenure ranging from 7 days to 10 years.
- Two interest options - simple and compound.
Axis Bank FD Interest Rates
Axis Bank Fixed Deposit interest rates vary based on different tenures and the amount deposited. However, these interest rates are subject to change depending on the changes in market, and the bank's internal liquidity requirements. The bank can change its FD interest rates without giving prior notice to the customers.
Also, Check - Axis Bank RD Rates
Axis Bank Fixed Deposit Rates for Deposits Below Rs. 3 Crore
Tenure | Interest Rates for General Citizens | Interest Rates for Senior Citizens |
7 days to 14 days | 3.00% p.a. | 3.50% p.a. |
15 days to 29 days | 3.00% p.a. | 3.50% p.a. |
30 days to 45 days | 3.50% p.a. | 4.00% p.a. |
46 days to 60 days | 4.25% p.a. | 4.75% p.a. |
61 days to 87 days | 4.50% p.a. | 5.00% p.a. |
88 days to 3 months 24 days | 4.75% p.a. | 5.25% p.a. |
3 months 25 days < 4 months | 4.75% p.a. | 5.25% p.a. |
4 months < 6 months | 4.75% p.a. | 5.25% p.a. |
6 months < 9 months | 5.75% p.a. | 6.25% p.a. |
9 months < 1 year | 6.00% p.a. | 6.50% p.a. |
1 year to 1 year 10 days | 6.70% p.a. | 7.20% p.a. |
1 years 11 days to < 13 days | 6.70% p.a. | 7.20% p.a. |
13 months < 15 months | 6.70% p.a. | 7.20% p.a. |
15 months < 18 months | 7.05% p.a. | 7.55% p.a. |
18 months < 2 years | 7.05% p.a. | 7.55% p.a. |
2 years < 3 years | 6.90% p.a. | 7.40% p.a. |
3 years < 5 years | 6.90% p.a. | 7.40% p.a. |
5 years < 10 years | 6.90% p.a. | 7.65% p.a. |
Axis Bank Fixed Deposit Rates for Deposits Ranging from Rs. 3 Crore to Less Than Rs. 5 Crore
Tenure | Interest Rates for General Citizens | Interest Rates for Senior Citizens |
7 days to 14 days | 4.75% p.a. | 5.25% p.a. |
15 days to 29 days | 4.75% p.a. | 5.25% p.a. |
30 days to 45 days | 5.50% p.a. | 6.00% p.a. |
46 days to 60 days | 5.75% p.a. | 6.25% p.a. |
61 days to 87 days | 6.00% p.a. | 6.50% p.a. |
88 days to 3 months 24 days | 6.50% p.a. | 7.00% p.a. |
3 months 25 days < 4 months | 5.15% p.a. | 5.65% p.a. |
4 months < 6 months | 6.50% p.a. | 7.00% p.a. |
6 months < 9 months | 6.50% p.a. | 7.00% p.a. |
9 months < 1 year | 6.80% p.a. | 7.30% p.a. |
1 year to 1 year 10 days | 7.05% p.a. | 7.55% p.a. |
1 years 11 days to < 13 days | 7.05% p.a. | 7.55% p.a. |
13 months < 15 months | 7.05% p.a. | 7.55% p.a. |
15 months < 18 months | 7.05% p.a. | 7.55% p.a. |
18 months < 2 years | 7.05% p.a. | 7.55% p.a. |
2 years < 3 years | 6.90% p.a. | 7.40% p.a. |
3 years < 5 years | 6.90% p.a. | 7.40% p.a. |
5 years < 10 years | 6.80% p.a. | 7.55% p.a. |
Note: The interest rates mentioned in the table are effective from 23 April 2025.
Axis Bank FD Eligibility
Indian resident individuals, NRIs and senior citizens are allowed to open their FD accounts with Axis Bank.
Loans Against Axis Bank FD
Axis bank provides loans against its fixed deposits. You can use your fixed deposits to fulfil your financial requirements, and also enjoy the following benefits:
- Get funds up to 85% of the value of your fixed deposits.
- Interest payable only on the amount used, and for the period of utilization.
- Access overdraft account with cheque book, ATM and Internet Banking.
- Overdraft facility available.
- Funds available at competitive rates.
You can borrow a minimum amount of Rs.25,000 with Axis Bank Fixed Deposits.
Axis Bank NRE Fixed Deposit Rates
Tenure | Rate of Interest for Deposits below Rs. 3 Crore | Rate of Interest for Deposits ranging from Rs. 3 Crore to Rs. 500 & above |
1 year to 1 year 10 days | 6.70% p.a. | 7.05% p.a. |
1 years 11 days to < 13 days | 6.70% p.a. | 7.05% p.a. |
13 months < 15 months | 6.70% p.a. | 7.05% p.a. |
15 months < 18 months | 7.05% p.a. | 7.05% p.a. |
18 months < 2 years | 7.05% p.a. | 7.05% p.a. |
2 years < 3 years | 6.90% p.a. | 6.90% p.a. |
3 years < 5 years | 6.90% p.a. | 6.90% p.a. |
5 years < 10 years | 6.90% p.a. | 6.80% p.a. |
Note: The interest rates mentioned in the table are effective from 23 April 2025.
Axis Bank FCNR Deposit Rates
Tenure | USD | GBP | EURO | AUD | CAD | JPY |
1 year < 2 years | 4.85 | 4.75 | 2.50 | 4.40 | 3.25 | 0.01 |
2 years < 3 years | 4.00 | 4.00 | 0.01 | 3.90 | 2.55 | 0.01 |
3 years < 4 years | 3.70 | 0.01 | 0.01 | 3.60 | 2.30 | 0.01 |
4 years < 5 years | 3.50 | 0.01 | 0.01 | 3.55 | 2.25 | 0.01 |
5 years | 3.50 | 0.01 | 0.01 | 3.55 | 2.00 | 0.01 |
Note: The interest rates mentioned in the table are effective from 15 April 2025.
Other Banks FD
- SBI Bank FD
- HDFC Bank FD
- Post Office FD
- Senior Citizen FD
- Canara Bank FD Rates
- Kotak Bank FD
- Yes Bank FD
- Standard Chartered Bank FD
- Bank of Baroda FD
- PNB FD
- IDFC Bank FD
- IDBI Bank FD
- Indian Bank FD
- Union Bank FD
- Bank of India FD
- Central Bank of India FD
- IOB Bank FD
- Shriram City FD
- LIC Housing FD
- Mahindra Finance FD
- Bandhan Bank FD
- KTDFC FD
- J & K Bank FD
- Federal Bank FD
- Bank of Maharashtra FD
FAQs on Axis Bank Fixed Deposit
- What is the Minimum/Maximum amount required to open an FD account with Axis Bank?
The minimum amount required to open an FD account is Rs.10,000 if opened from a bank branch but Rs.5,000 if opened online. However, the bank accepts deposits up to Rs.100 crores and above.
- Does Axis Bank Charge for Premature Withdrawal of FDs?
The bank charges a nominal amount of 1% as premature withdrawal charge for its normal fixed deposits. However, NRE term deposits are exempted from the penalty fee.
- Does Axis Bank allow joint fixed Deposit account?
Yes, the bank has the provision for opening an FD account jointly. Joint FD accounts can be opened with a maximum of three applicants.
- Does Axis Bank provide Tax Saver FDs?
Yes, Axis Bank provides tax saver Fixed Deposits to HUFs and Indian residents. Under its tax saver FDs, the bank provides "Single holder Type Deposits" and "Joint holder Type Deposits". In case of normal fixed deposit plans, tax is deducted at source as per the regulations of the Income Tax Act, Government of India.
- Does Axis Bank allow pre-closure of fixed deposit accounts?
Yes, the bank allows you to pre-close your fixed deposit account. However, it is subject to the terms and conditions specified by the bank from time to time.
- How is my interest on fixed deposits calculated at Axis Bank?
Axis Bank calculates and pays interest on simple interest basis for a deposit opened for less than 6 months. But for fixed deposits of 6 months and above, the bank will calculate interest on a quarterly basis.
- Is having a savings bank account mandatory to open a fixed deposit account with Axis Bank?
No. It is not mandatory to have a savings bank account to open a fixed deposit account with Axis bank. Prior to the FD maturity date, the bank will seek permission for its rollover, or transfer the funds to another bank account specified by the customer.
- How to withdraw funds in a fixed deposit from Axis Bank?
Axis Bank allows withdrawal and encashment of fixed deposits only in the particular branch where the deposit was opened initially. So, you need to contact the branch for its withdrawal.
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