Axis Bank raises Interest Rates on FDs (Revised Interest Rates)

New Delhi :

In a move aimed at delighting its vast customer base, Axis Bank has raised its Fixed Deposit (FD) interest rates across various tenures.

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The bank, known for its customer-centric approach, now offers FDs ranging from 7 days to 10 years,

with interest rates between 3% and 7.20% for general customers, and 3.50% to 7.85% for senior citizens.

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Effective from April 4, February 2024

The revised interest rates, effective from April 4, February 2024,

present a lucrative opportunity for individuals looking to grow their savings with reliable returns.

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Highlights of the Revised Interest Rates

Here’s a glimpse of the updated FD interest rates for deposits below Rs 2 crore:

7 days to 14 days: 3.00% for general public; 3.50% for senior citizens

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15 days to 29 days: 3.00% for general public; 3.50% for senior citizens

30 days to 45 days: 3.50% for general public; 4.00% for senior citizens

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46 days to 60 days: 4.25% for general public; 4.75% for senior citizens

61 days to less than 3 months: 4.50% for general public; 5.00% for senior citizens

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3 months to less than 4 months: 4.75% for general public; 5.25% for senior citizens

… and the rates continue to scale up for various tenures.

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Rewarding for Senior Citizens

Senior citizens are in for a treat with higher interest rates tailored specifically for them, providing a boost to their financial security.

With Axis Bank’s enhanced FD interest rates, customers can capitalize on this opportunity to maximize their savings potential and secure their financial future.

Don’t miss out on this opportunity to benefit from Axis Bank’s increased FD interest rates.

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Visit your nearest branch or log on to the bank’s website to explore the options and start investing today!

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