Axis Bank FD Interest Rates | Apply for Axis Account | Axis Bank FD Calculator

Are you searching for New Axis Bank FD Calculator or want to know about Axis Bank Fixed Deposit Calculator? Here, you can get all the answers. Get the Axis Bank Latest interest rates along with the tenure period. Know the usage of the AXIS Bank FD Calculator for checking your maturity amount. Read the complete article, to get an idea about Axis Bank Interest Rates and Calculator.

About Fixed Deposit

Fixed Deposit is one of the best and safe ways for depositing the money. Nowadays also many people are trusting Fixed Deposits for saving their money. It is a financial instrument provided by the banks. In this scheme, you can invest a small amount of money. At the time the completion of the tenure period, you can earn more money along the interest amount. Many banks are offering the Fixed Deposit Scheme for the people. The users can also maintain a separate account for FD. Some banks offer loans against FD holder. The interest rate may vary from 4% to 11%.

Depending on the tenure period the interest rates varies. There are many advantages and benefits for the Fixed Deposit. The individuals who are having an FD Account can get 80% to 90% loans from the Fixed Deposit amount. The interest rate for the loans is from 1% to 2%. The users are allowed to withdraw the FD amount only after the completion of the tenure period.

Axis Bank FD Calculator

Axis Bank – Brief Details

Axis Bank is one of the new Private Bank in India. It was established in 1994, after that the government of India allowed it to the private bank’s list. It is the first Indian Bank in China. There are many advantages and benefits offered by Axis Bank. It is offering high-interest rates on Fixed deposit. Nearly 2,402 branches are there in Axis Bank. It has deals with seven international offices which are located in Singapore, Hong Kong, Dubai, etc.

Axis Bank offers simple interest rates on Fixed Deposits for a minimum period of 6 months. The interest rates of Axis Bank depends on the tenure period and the deposits. When compared to the regular depositors, the senior citizens receives more benefits and advantages. They receive more amount than regular depositors. To calculate your maturity amount, the individuals can use Axis Bank FD Calculator. The Axis bank interest rates and the FD Calculator usage are given in the below sections. So, the interested persons can follow the below sections to know the complete information about Axis Bank FD Calculator and Interest rates.

Calculate Axis Bank FD Here

Axis Bank Interest Rates – Senior Citizens

Tenure Period Interest Rates(Below 1cr)
7 days to 14 days 3.5
15 days to 29 days 3.5
30 days to 45 days 5.5
46 days to 60 days 6
61 days to 3 months 6
3 months to 4 months 6.25
4 months to 5 months 6.25
5 months to 6 months 6.25
6 months to 7 months 6.75
7 months to 8 months 6.75
8 months to 9 months 6.75
9 months to 10 months 7
10 months to 11 months 7
11 months to 1 year 7
1 year to 13 months 7.5
13 months to 14 months 7.5
14 months to 15 months 7.5
15 months to 16 months 7.5
16 months to 17 months 7.5
17 months to 18 months 7.5
18 months to 2 years 7.5
2 years to 30 months 7.25
30 months to 3 years 7.25
3 years to 5 years 7.25
5 years to 10 years 7.25

Regular Depositors – Axis Bank Interest rates

Tenure Period Interest Rates(Below 1cr)
7 days to 14 days 3.5
15 days to 29 days 3.5
30 days to 45 days 5.5
46 days to 60 days 6
61 days to 3 months 6
3 months to 4 months 6.25
4 months to 5 months 6.25
5 months to 6 months 6.25
6 months to 7 months 6.5
7 months to 8 months 6.5
8 months to 9 months 6.5
9 months to 10 months 6.75
10 months to 11 months 6.75
11 months to 1 year 6.75
1 year to 13 months 7
13 months to 14 months 7
14 months to 15 months 7
15 months to 16 months 7
16 months to 17 months 7
17 months to 18 months 7
18 months to 2 years 7
2 years to 30 months 6.75
30 months to 3 years 6.75
3 years to 5 years 6.75
5 years to 10 years 6.75

How to use Axis Bank FD Calculator

The Axis Bank FD Calculator is used to know the interest rates and maturity amount of your Fixed Deposit. It helps you to take a decision about the investment of FD amount. You can receive a lot of tax benefits by FD account. If you want to calculate your Fixed deposit amount, you can calculate in the Axis bank official website. Once check the Axis Bank FD Calculator to clarify your enquiries.

Every individual should have an account in Axis bank for receiving more offers. The persons who are not having an account in Axis can apply for a new account. To apply for a new account, the users can follow two methods. You can apply online or offline for a new FD Account. Therefore, the users can choose any method for creating a New FD Account. The Axis bank FD Account Opening online process and offline process with examples are given in the below link. Therefore, the interest candidates can see the below link to know the account opening process.

Click here: Axis Bank FD Account Opening

Axis Bank Benefits and Features

  • The users can invest FD Amount for a minimum period of 6 months.
  • The minimum investment should be Rs.10,000.
  • You can receive competitive interest rates on Fixed Deposits.
  • It offers 8.90% interest rates for NRE and also for NRE & NRIs.
  • You can choose your preferred branch.
  • The users can select the tenure period and maturity date of their Fixed Deposit amount.
  • There is a facility for you to transfer your funds from your savings according to the higher interest rates of Fixed Deposits.
  • The Axis Bank calculates your interest rates according to your total amount for a tax deduction.

Eligibility Criteria – Axis Bank

The individuals who belong to Indian residents, NRIs, Senior Citizens, are eligible to open an FD account in Axis Bank. It requires some amount to open a new FD Account in Axis Bank. The minimum amount is Rs.10,000. They will accept up to Rs.100 crores and above as a Fixed Deposit. The minimum tenure period for an Axis Bank Fixed Deposit Account is 7 days and the maximum tenure period is 10 years. The users can also increase the tenure period by consulting with the Axis Bank officers. It offers the higher interest rates like 9.40% for the FD Holders. The Axis Bank lowest interest rate is 3.50%. The interest rates vary according to the tenure period. If you withdraw the maturity amount without the completion of the tenure period, you will lose 1% interest on your amount.

Updated: February 27, 2017 — 5:05 am

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