Axis Bank Deposit Rates
Axis Bank Fixed Deposit Interest Rate Calculator calculates the interest earned on a fixed deposit with the help of outlined components:
.For terms & conditions and any other details, please contact your nearest Axis Bank Branch.Rates are subject to change without any prior notice. DEPOSITS – SENIOR CITIZENS – LESS THAN 5 CRORES. Axis Bank has once again revised its fixed deposit interest rates for deposits below Rs. 2 crores with effect from 10th September 2019. The bank is offering an interest rate of 3.50% to 7.10% for a period of 7 days to 10 years for regular individuals and 3.50% to 7.75% to senior citizens. Axis Bank’s Recurring Deposit interest rate gives you the advantage of earning a higher rate of return on your systematic monthly deposits and gain with the benefit of compounding. Axis Bank provides its customers with the most attractive Recurring Deposit interest rates.
(1) Deposit Amount
It is an amount which an FD account holder wants to invest in the fixed deposit. It is also called principal. It is to be remembered that this amount can be deposited only once hence you have to decide the amount to be invested according to your investment objectives.
(2) Interest Rate
It is the rate of interest offered by the bank where you open the FD. It differs for different tenures. Once FD is opened for a specific tenure then the interest rate will remain the same for the whole tenure.
(3) Term of Deposit (FD Tenure)
It is the duration for which the amount is invested in an FD which may vary from 7 days to 10 years. In the calculator, you can select the tenure in days, months or year.
(4) Compounding of Interest
Interest can be compounded on monthly, quarterly, half yearly or annual basis. It can be a simple interest as well. You need to enter it based on the offer by the bank.
Find Axis Bank NRE FD Interest Rates (as on 06 Mar 2021). The interest rates for below 1 crore and above 1 crore on fixed deposit depend on which category you fall under and your choice between different banks.
Axis Bank offers NRO Fixed deposit interest rates to NRI customers from 1 year to 5 plus years. Find Axis Bank FD interest for NRO customer from below list.
Axis Bank provides different services to its customers some of them are Home loan,Personal loan,Car loan,Two Wheeler loan, Gold loan. You can get Axis Bank IFSC Code,MICR Code, Swift Code for NEFT, RTGF fund transfer.
Axis Bank NRE FD Interest Rates Rs 1 Crore (as on 06 Mar 2021)
Disclaimer: The NRE Fixed Deposit Interest Rates keep on changing. You are advised to check the interest rates with banks before making your FD.
Source: Bank Websites