Fixed Deposits are the top choice of investors owing to the high interest rate they provide. The longest permissible term for FDs for all the banks is 10 years but the minimum is different from bank to bank (for Axis bank, the lowest tenure being 6 months).

As you can observe from the table, the term and the interest rates are directly proportional to each other, longer the term higher the rates would be but there is an exception to it. If you notice the interest rates for over 5 years, it says a lesser rate.

Note: For all amounts, Savings Account Deposit Interest Rate For Axis Bank is 4%.

axis bank fd ratesThis is because the bank may offer lesser rates of interest if it expects the repo rates (RBI lending rates) to fall in future. We have collected the Axis bank Fixed deposit interest rates data for 2016 from Official website. Below rates are effective from 14 September, 2015.

Table for Axis Bank FD Rates for domestic deposits:

TIME PERIODINTEREST RATES (% p.a.)
For Deposits Below 1 CroresFor Deposits Above 1 to 5 Crores
7 – 14 Days3.506.00
15 – 30 Days3.506.00
31 – 45 Days5.506.00
46 – 60 Days6.506.50
61 – 90 Days6.506.50
91 Days – 180 Days7.007.00
181 Days – 270 days7.257.50
271 Days – 1 year7.507.50
1 Year – 2 Years7.907.90
2 Years – 3 Years7.757.75
3 Years – 5 Years7.757.75
5 Years – 10 Years7.507.50

For One to Five years axis bank provides 7.75-7.90 % interest rates. However, after five years interest rate decreases to 7.50%.

Tax Saver Fixed Deposit scheme: You can withdraw money befor maturity period. Tax will be deducted at source. Interest rates are given below:

 For 5 Years OnlyInterest rates (% p.a.)
 Regular Deposits 7.50
 Senior Citizen Deposits 8.00

Senior citizens deposit rates below 5 crores:

TIME PERIODINTEREST RATES (% p.a.)
For Deposits Below 1 CroresFor Deposits Above 1 to 5 Crores
7 – 14 Days3.506.00
15 – 30 Days3.506.00
31 – 45 Days5.506.00
46 – 60 Days6.506.50
61 – 90 Days6.506.50
91 Days – 180 Days7.007.00
181 Days – 270 days7.507.50
271 Days – 1 year7.757.75
1 Year – 2 Years8.408.40
2 Years – 3 Years8.258.25
3 Years – 5 Years8.258.25
5 Years – 10 Years8.008.00

Above 5 crore deposit rates:

TIME PERIODINTEREST RATES (% p.a.)
For Deposits 5-10 CroresFor Deposits Above 10 Crores
7 – 14 Days5.505.50
15 – 30 Days5.505.50
31 – 45 Days6.006.00
46 – 60 Days6.006.00
61 – 90 Days6.256.25
91 Days – 180 Days7.007.00
181 Days – 270 days7.257.25
271 Days – 1 year7.457.45
1 Year – 2 Years7.50-7.407.50-7.40
2 Years – 3 Years7.257.25
3 Years – 5 Years7.257.25
5 Years – 10 Years7.257.25

Updated: 3 April, 2016

Calculate FD maturity value now

Sourcehttp://www.axisbank.com/download/Interest-Rates-on-Domestic-Deposits.pdf

12 Comments

  1. I would like to fd of 50000 rs for 3 years , how much return I will get after complete time
    Thanks
    Mahesh lilhare

    • suppose i am depositing amount through net banking that computer creating bond valuable are not?
      Regards
      V.Kumaresan
      TVS Tyres.

      • I am 25 year old .I would like to INVEST 2 lakhs. how much interest I can get every month.or which is de good plan to invest. Or If I invest for ten years how much I will get along with the interest. Thank you
        pramod

  2. I would like to fd of 500000 rs for 1-2 years , how much return I will get after complete time
    regards,
    prakash naik

  3. I want to fd of 500000 rs for 60 days . how much return I will get after complete time.

    With best regards,
    Laltu Hazra.

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