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Axis Bank FD Rates

Axis Bank offers fixed deposit interest rates ranging from 3.00% to 6.60% p.a. for general customers and 3.50% to 7.25% p.a. for senior citizens. The maturity period varies from 7 days to 10 years, giving investors the flexibility to choose as per their goals.

Axis Bank FD Interest Rates Overview

Interest rates (p.a)

3.00% - 6.60% p.a.

Minimum Deposit

₹ 5,000

Maximum Deposit

No Upper Limit

Lock In Period

No lock-in for regular FDs

Tenure

7 Days - 10 Years

Interest for Senior Citizens

Extra 0.75% p.a.

Latest Axis Bank Fixed Deposit Interest Rates – 2025

Axis Bank FD Rates for Domestic Deposits Under ₹3 Cr - Effective 12th June 2025

Period	Interest Rates (p.a.)
Period	General	Senior Citizens
7 – 14 days	3.00%	3.50%
15 – 29 days	3.00%	3.50%
30 – 45 days	3.25%	3.75%
46 – 60 days	4.00%	4.50%
61 days - 87 days	4.00%	4.50%
88 days to 3 months 24 days	4.50%	5.00%
3 months 25 days < 4 months	4.50%	5.00%
4 months < 6 months	4.50%	5.00%
6 months < 9 months	5.50%	6.00%
9 months < 1 Year	5.75%	6.25%
1 year – 1 year 10 days	6.25%	6.75%
1 year 11 days < 13 months	6.25%	6.75%
13 months < 15 months	6.25%	6.75%
15 months < 18 months	6.60%	7.10%
Months < 2 years	6.60%	7.10%
2 years < 3 years	6.50%	7.00%
3 years < 5 years	6.50%	7.00%
5 years to 10 years	6.50%	7.25%

Axis Bank Domestic FD Rates for ₹3 Cr to < ₹5 Cr – W.E.F 12 June 2025

Period	Interest Rates (p.a.)
Period	General	Senior Citizens
7 – 14 days	3.00%	3.50%
15 – 29 days	3.00%	3.50%
30 – 45 days	3.25%	3.75%
46 – 60 days	4.00%	4.50%
61 days - 87 days	4.00%	4.50%
88 days to 3 months 24 days	4.50%	5.00%
3 months 25 days < 4 months	4.50%	5.00%
4 months < 6 months	4.50%	5.00%
6 months < 9 months	5.50%	6.00%
9 months < 1 Year	5.75%	6.25%
1 year – 1 year 10 days	6.25%	6.75%
1 year 11 days < 13 months	6.25%	6.75%
13 months < 15 months	6.25%	6.75%
15 months < 18 months	6.60%	7.10%
18 Months < 2 years	6.60%	7.10%
2 years < 3 years	6.50%	7.00%
3 years < 5 years	6.50%	7.00%
5 years to 10 years	6.50%	7.25%

Axis Bank NRI Fixed Deposit Rates – Effective 20 June 2025

Period	Interest Rates (p.a.)
Period	Below ₹ 3 Cr	₹ 3 Cr < ₹ 5 Cr	₹ 5 Cr < ₹ 10 Cr
1 year to 1 year 10 days	6.25	6.30	6.30
1 year 11 days to less than 13 months	6.25	6.30	6.30
13 months to less than 15 months	6.25	6.30	6.30
15 months to less than 18 months	6.60	6.50	6.40
18 Months to less than 2 years	6.60	6.50	6.50
2 years to less than 3 years	6.50	6.50	6.60
3 years to less than 5 years	6.50	6.50	6.60
5 years to 10 years	6.50	6.50	6.60

Axis Bank NRO FD Rates Below ₹3 Cr – Effective 01 July 2025

Period	Interest Rates (p.a.)
7 – 14 days	3.00%
15 – 29 days	3.00%
30 – 45 days	3.25%
46 – 60 days	4.00%
61 days - 87 days	4.00%
88 days to 3 months 24 days	4.50%
3 months 25 days to less 4 months	4.50%
4 months to less than 6 months	4.50%
6 months to less than 9 months	5.50%
9 months to less than 1 year	5.75%
1 year to1 year 10 days	6.25%
1 year 11 days to less than 13 months	6.25%
13 months to less than 15 months	6.25%
15 months to less than 18 months	6.60%
18 Months to less than 2 years	6.60%
2 years to less than 3 years	6.50%
3 years to less than 5 years	6.50%
5 years to 10 years	6.50%

Axis Bank FCNR (B) Deposit Rates – Effective 12 May 2025

Maturity Period	USD (Below 1 Million)	USD (1 Million & Above)	GBP	EURO	AUD	CAD	JPY
1 year < 2 years	4.75%	4.75%	4.55%	2.25%	4.15%	3.00%	0.01%
2 years < 3 years	4.05%	4.05%	3.80%	0.01%	3.75%	2.55%	0.01%
3 years < 4 years	3.90%	3.90%	0.01%	0.01%	3.65%	2.55%	0.01%
4 years < 5 years	3.65%	3.65%	0.01%	0.01%	3.85%	2.50%	0.01%
5 years	3.65%	3.65%	0.01%	0.01%	3.65%	2.50%	0.01%

Axis Bank RFC Term Deposit Rates – Effective 12 May 2025

Maturity Period	USD (Below 1 million)	USD (1 million & above)	GBP	EURO	AUD	CAD
30 days < 3 months	0.15%	0.15%	0.15%	0.01%	0.30%	0.35%
3 months < 6 months	0.25%	0.25%	0.15%	0.01%	0.30%	0.35%
6 months < 1 year	0.30%	0.30%	0.15%	0.01%	0.30%	0.35%
1 year < 2 years	4.75%	4.75%	4.55%	2.25%	4.15%	3.00%
2 years < 3 years	4.05%	4.05%	3.80%	0.01%	3.75%	2.55%
3 years < 4 years	3.90%	3.90%	0.01%	0.01%	3.65%	2.55%
4 years < 5 years	3.65%	3.65%	0.01%	0.01%	3.85%	2.50%
5 years	3.65%	3.65%	0.01%	0.01%	3.65%	2.50%

Axis Bank NRI Fixed Deposits Plus – ₹3 Cr & Above

Maturity Period	₹3 Cr < ₹5 Cr	₹5 Cr < ₹10 Cr	₹10 Cr < ₹25 Cr	₹25 Cr < ₹50 Cr	₹50 Cr < ₹100 Cr	₹100 Cr < ₹200 Cr	₹200 Cr < ₹500 Cr	₹500 Cr & Above
1 year – 1 year 10 days	6.40%	6.40%	6.40%	6.25%	6.25%	6.25%	6.25%	6.25%
1 year 11 days < 13 months	6.40%	6.40%	6.40%	6.25%	6.25%	6.25%	6.25%	6.25%
13 months < 15 months	6.40%	6.40%	6.40%	6.25%	6.25%	6.25%	6.25%	6.25%
15 months < 18 months	6.55%	6.40%	6.40%	6.25%	6.25%	6.25%	6.25%	6.25%
18 months < 2 years	6.55%	6.55%	6.25%	6.25%	6.25%	6.25%	6.25%	6.25%
2 years < 3 years	6.55%	6.55%	6.35%	6.35%	6.35%	6.35%	6.35%	6.35%
3 years < 5 years	6.55%	6.55%	6.45%	6.45%	6.45%	6.45%	6.45%	6.45%
5 years to 10 years	6.55%	6.65%	6.65%	6.45%	6.45%	6.45%	6.45%	6.45%

Axis Bank FD Rates for Senior Citizens

Axis Bank offers special FD rates for senior citizens, starting from 3.50% and going up to 7.25% per annum on deposits below ₹3 crore. The highest interest rate of 7.25% is offered on long-term deposits ranging from 5 to 10 years. Senior citizens enjoy an additional interest benefit of up to 0.75% over standard rates, making it a secure and rewarding investment option.

Different Fixed Deposit Schemes Offered by Axis Bank

1. Regular Fixed Deposit

Tenure: Choose from flexible terms starting at 7 days and extending up to 10 years.
Interest Payment: Options include monthly, quarterly, or at maturity.
Premature Withdrawal: Permitted, though subject to applicable penalties.
Loan or overdraft facilities are available by pledging the fixed deposit as collateral.

2. Axis Bank Digital Fixed Deposit

Instant Online FD: Open a full KYC-compliant Fixed Deposit online in just a few minutes—completely paperless.
No Savings Account Required: You can start an FD even if you don’t have an existing Axis Bank savings account.
Low Minimum Deposit: Begin your investment with just ₹5,000, making it ideal for first-time or small investors.
Flexible Tenure: Choose a deposit period from 6 months to up to 10 years, as per your financial goals.
Zero Penalty on Early Withdrawal (Up to 25%): Enjoy penalty-free premature withdrawal for up to 25% of the FD amount on your first withdrawal.
Simple KYC Process: Complete your verification digitally using Aadhaar and PAN—no branch visit needed.

3. Tax Saver Fixed Deposit

You can start investing with a minimum deposit of just ₹100, making it easy for anyone to begin saving.
The maximum investment allowed is ₹1.5 lakh per financial year, which qualifies for tax deduction under Section 80C.
This FD comes with a fixed lock-in period of 5 years; you cannot withdraw funds before maturity.
Premature withdrawal and loan facility are not allowed, as per tax-saving FD rules.
You can open a joint account, but only the first holder can claim the tax benefit.
Offers attractive and guaranteed interest rates throughout the tenure.
A nomination facility is available, allowing you to safeguard the investment for your family.

4. Fixed Deposit Plus

Designed for high-value investments with a minimum deposit of ₹3 crore.
Tenure: Ranges from 7 days to 10 years.
Auto-renewal is not available, so maturity proceeds need to be managed manually.
Interest Rates: Offers higher rates compared to standard FDs.
Joint deposits can be held by two adults or one adult with a minor.
Choose from multiple deposit types:
- Short Term Deposit
- Reinvestment Deposit
- Monthly Interest Payout Deposit
- Quarterly Interest Payout Deposit
- Offers customized returns for high-net-worth individuals, corporates, and large investors.
Premature Withdrawal: Not permitted, ensuring higher returns for committed funds.

5. Auto Fixed Deposit (Encash 24 Flexi Deposit)

Smart Linked FD: Your Axis Bank Savings Account is automatically linked to a Fixed Deposit, helping you earn more on idle funds.
Automatic FD Creation: Whenever your savings balance exceeds ₹25,000, the excess amount (in multiples of ₹5,000) is auto-swept into an FD.
Flexible Tenure: Auto Fixed Deposits are initiated for a minimum period of 6 months and can be automatically renewed for durations extending up to 5 years.
Better Returns: Enjoy higher interest than savings account rates without compromising liquidity.
Auto-Renewal Available: Booked Auto FDs can be automatically renewed on maturity for seamless earning.

6. Senior Citizen Fixed Deposit

Start investing with just ₹5,000; no upper limit.
Tenure ranges from 7 days to 10 years.
Premature withdrawal allowed with a small penalty.
Access funds in emergencies without losing all interest.
Avail a loan of up to 85% of your Fixed Deposit amount.
Continue earning interest even after availing a loan.

7. NRI Fixed Deposits

Types:
- NRE Rupee Deposit: Invest in Indian rupees; both principal and interest are repatriable.
- NRO Rupee Deposit: Ideal for income earned in India; interest is repatriable after tax deductions.
- FCNR Deposit: Maintained in foreign currencies like USD, GBP, EUR, etc.; both principal and interest are repatriable.
Tenure: Generally ranges from 1 year to 10 years, depending on the deposit type.

Benefits of Investing in Axis Bank Fixed Deposits

1. Attractive Interest Rates

Competitive rates, ranging up to 7.25% per annum for senior citizens, ensure higher returns compared to traditional savings accounts.

2. Flexible Tenures

Wide tenure options, from 7 days to 10 years, allow investors to choose durations that align with their financial goals.

3. Safety and Security

FDs are among the safest investment options, backed by the trust and stability of Axis Bank, which is regulated by the Reserve Bank of India (RBI).
Deposit Insurance: Insures deposits up to ₹5 lakh under the Deposit Insurance and Credit Guarantee Corporation (DICGC).

4. Tax Benefits

Tax Saver Fixed Deposits are eligible for deductions up to ₹1.5 lakh under Section 80C of the Income Tax Act.
A great option for those looking to lower their tax burden.

5. Senior Citizen Benefits

Additional interest rate benefits (up to 0.75% extra) are available for senior citizens, ensuring better returns for retirees.

6. Loan and Overdraft Facility

FDs can be used as collateral to avail of loans or overdraft facilities, offering liquidity without breaking the deposit.
You can usually access loans amounting to Upto 85% of your fixed deposit value.

7. Premature Withdrawal

Many FDs allow for premature withdrawal, providing financial flexibility in emergencies (subject to applicable penalties).

8. Easy Access and Investment

Convenient online and offline options for opening and managing FDs.
Digital FDs can be opened without visiting a branch, ensuring hassle-free banking.

9. Auto-renewal Facility

FDs can be set for automatic renewal at maturity, ensuring uninterrupted growth of funds.

10. Diverse FD Options

Tailored solutions like:
Regular FDs for steady returns.
Tax Saver FDs for tax efficiency.
Auto Fixed Deposits for liquidity and savings account integration.
NRI FDs for non-residents, including NRE, NRO, and FCNR deposits.

11. Customised Payout Options

Choose between cumulative (interest paid at maturity) and non-cumulative (monthly or quarterly payouts) schemes for optimal cash flow management.

12. High Maximum Deposit Limits

No upper limit on regular FDs, allowing for significant investments.

Penalty Charges on Premature Withdrawal of Axis Bank Fixed Deposits

Penalty for Deposits Below ₹5 Crore:

Tenure < 6 months: No interest is paid if withdrawn prematurely.
Tenure ≥ 6 months: A penalty of 1% is deducted from the applicable rate for the actual tenure or the original contracted rate, whichever is lower.

Penalty for Deposits ₹5 Crore and Above:

Penalty charges and applicable interest rates are decided at the time of booking the deposit and may fluctuate.

Exceptions:

Certain Fixed Deposit schemes, like Tax Saver FDs, do not allow premature withdrawals.

Tax on Axis Bank FDs

TDS Applicability:

TDS on FDs deducted if interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.
Rate: 10% with PAN, 20% without PAN.

Tax Exemptions:

Tax Saver FDs qualify for deductions up to ₹1.5 lakh under Section 80C, but interest is still taxable.

Avoiding TDS:

Submit Form 15G/15H if income is below the taxable limit.

Avoiding TDS:

Submit Form 15G/15H if income is below the taxable limit.

For NRIs:

The interest earned on NRE FDs is tax-free, while NRO and FCNR FDs incur tax on their interest.

Eligibility Criteria for Opening an Axis Bank Fixed Deposit

Resident Individuals (Single or Joint)
Minors (Under guardian’s name)
Senior Citizens (60 years & above – get higher interest)
Hindu Undivided Families (HUFs)
Non-Resident Indians (NRIs) – NRE/NRO/FCNR accounts
Firms & Companies – Sole proprietorships, partnerships, Pvt Ltd, Public Ltd
Trusts, Societies, and Associations
Must complete KYC compliance (PAN, Aadhaar, etc.)

Documents Required for Axis Bank Fixed Deposit

Sole Proprietorship / Partnership Firms:

PAN Card of firm
Partnership deed
KYC of all partners
Business address proof
Firm registration certificate (if applicable)

Private/Public Limited Companies:

Certificate of Incorporation
Memorandum & Articles of Association (MOA & AOA)
Board Resolution authorizing FD investment
PAN Card of company
KYC of authorized signatories

Trusts / Societies / Associations:

Registration Certificate
Trust Deed or Constitution Document
PAN of Trust/Entity
KYC of authorized persons

How to Open an Axis Bank FD

Axis Bank offers a quick and paperless way to open a Fixed Deposit (FD) through NetBanking. This online method is ideal for existing customers who want to invest securely without visiting a branch.

Step-by-Step Process to Open FD via NetBanking:

1. Login to NetBanking

Visit https://omni.axisbank.co.in/axisretailbanking/ and click on ‘Login’ > ‘Internet Banking’. Enter your Customer ID and login password to sign in to your account.

2. Go to ‘Deposits’ Section

Once logged in, navigate to the ‘Accounts’ tab or ‘Deposits’ section and click on ‘Open Fixed Deposit’.

3. Select FD Type & Linked Account

Choose the type of FD you want to open (e.g., Regular FD, Tax Saver FD, or Reinvestment FD) and select the savings account from which the deposit amount will be debited.

4. Enter Deposit Details

Investment Amount (minimum ₹5,000)
Tenure (from 7 days to 10 years)
Interest payout option (monthly, quarterly, or cumulative at maturity)

Nomination Details (optional)

Add or update nominee information to ensure smoother processing in future.

Review & Confirm

Verify all the entered details. Tick the box to accept the terms and conditions, and then click on ‘Confirm’.

Instant Confirmation

Your FD will be opened instantly. You will receive an e-receipt and confirmation via SMS and email.

How to Open an Axis Bank FD Offline (Branch Visit)

You can also visit the nearest Axis Bank branch and follow these steps:

Fill Out the FD Application Form
Submit KYC Documents
- PAN Card
- Aadhaar Card/Valid Address Proof
Recent Photograph
(Existing KYC-compliant customers may not need to submit documents again)
Deposit the Amount via Cheque or Transfer
Collect the FD Acknowledgement/Receipt

Compare Axis Bank FD Interest Rates with Other Bank FDs

Check out the FD interest rates offered by the top banks in India:

Bank	General Public (p.a.)	Senior Citizens (p.a.)
Axis Bank (SBI)	3.05% - 6.60%	3.55%-7.10%
HDFC Bank	2.75% - 6.60%	3.25% - 7.10%
Punjab National Bank (PNB)	3.25% - 6.70%	3.75% - 7.20%
Bank of Baroda	3.50% - 6.60%	4.00% - 7.10%
ICICI Bank	3.00% - 6.60%	3.50% - 7.10%
Canara Bank	3.50% - 6.60%	4.00% -7.10%

Frequently Asked Questions

1. What is the current FD rate of Axis Bank?

Axis Bank currently offers FD interest rates from 3.50% to 7.25% p.a., with senior citizens receiving an additional 0.75% p.a. boost depending on the tenure and deposit size.

2. What is the interest of 1 lakh FD in Axis Bank?

If you invest ₹1 lakh in an Axis Bank Fixed Deposit, the interest earned will depend on the tenure. For example, a 1-year FD at 6.25% p.a. earns around ₹6,398, while a 5-year FD at 6.50% earns about ₹7608.4 per year. Interest is compounded quarterly and paid at maturity. Rates may vary slightly based on the latest bank updates.

3. What is the tenure range for Axis Bank Fixed Deposits?

Fixed Deposit tenures range from as short as 7 days to as long as 10 years.

4. Does Axis Bank offer special interest rates for senior citizens?

Senior citizens are granted an additional 0.50% to 0.75% interest rate on top of the standard rates.

5. What are the features of Axis Bank's Tax Saver FD?

The Tax Saver FD has a 5-year lock-in period, offers up to 7.75% interest for senior citizens, and provides tax benefits under Section 80C.

6. Are NRIs allowed to invest in Axis Bank Fixed Deposits?

Yes, NRIs can choose from NRO, NRE, RFC, and FCNR(B) fixed deposits with flexible tenures and repatriation benefits.

7. Are premature withdrawals allowed for Axis Bank Fixed Deposits?

Premature withdrawals are permitted for most FDs, but penalties may apply; however, Tax Saver FDs do not allow early withdrawals.

Disclaimer: This page includes information that has been compiled from many sources and is only offered for informational purposes. Since this type of data might change over time, we cannot guarantee that the information supplied or included within it is accurate. It is anticipated that the user would confirm with the relevant source prior to taking any choices or actions.