Fixed Deposits are the top choice of investors owing to the high interest rate they provide. The longest permissible term for deposits in 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 2017 from Official website. Below rates are effective from 12 December, 2016.

Axis Bank Fixed Deposit Interest Rates 2017 for domestic deposits:

TIME PERIODINTEREST RATES (% p.a.)
For Deposits Below 1 CroresFor Deposits Above 1 to 5 Crores
7 Days to 14 Days3.50%5.50%
15 Days to 30 Days3.50%5.50%
31 Days to 45 Days5.50%5.50%
46 Days to 60 Days6.00%5.75%
61 Days to 90 Days6.00%5.75%
91 Days to 180 Days6.25%5.75%
181 Days to 270 days6.50%6.00%
271 Days to 1 Year6.75%6.25%
1 Year to 2 Years7.00%6.25%
2 Years to 3 Years6.75%6.25%
3 Years to 5 Years6.75%6.25%
5 Years to 10 Years6.75%6.25%

For One to 7 to 270 Days axis bank provides 5.50-6.00% interest rates. However, after 270 Days interest rate remain constant to 6.25%.

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

 For 5 Years OnlyInterest rates (% p.a.)
 Regular Deposits 7.00%
 Senior Citizen Deposits 7.50%

Senior citizens Deposit Rates For Axis Bank below 5 crores:

TIME PERIODINTEREST RATES (% p.a.)
For Deposits Below 1 CroresFor Deposits Above 1 to 5 Crores
7 Days to 14 Days3.50%5.50%
15 Days to 30 Days3.50%5.50%
31 Days to 45 Days6.00%5.50%
46 Days to 60 Days6.00%5.75%
61 Days to 90 Days6.00%5.75%
91 Days to 180 Days6.25%5.75%
181 Days to 270 days6.75%6.25%
271 Days to 1 Year7.00%6.50%
1 Year to 2 Years7.50%6.75%
2 Years to 3 Years7.25%6.75%
3 Years to 5 Years7.25%6.75%
5 Years to 10 Years7.25%6.75%

Axis Bank Above 5 crore Fixed deposit rates 2017:

TIME PERIODINTEREST RATES (% p.a.)
For Deposits 5-10 CroresFor Deposits Above 10 Crores
7 Days to 14 Days5.50%5.50%
15 Days to 30 Days5.50%5.50%
31 Days to 45 Days5.50%5.50%
46 Days to 60 Days5.75%5.75%
61 Days to 90 Days5.75%5.75%
91 Days to 180 Days5.75%5.75%
181 Days to 270 Days6.00%6.00%
271 Days to 1 Year6.25%6.25%
1 Year to 2 Years6.25%6.25%
2 Years to 3 Years6.25%6.25%
3 Years to 5 Years6.25%6.25%
5 Years to 10 Years6.25%6.25%

Axis Bank NRE Fixed Deposit Interest Rates 2017:

PeriodInterest Rate for Amount Below 1 CroreInterest Rate For amount Above 1 Crore
 1 Year to 2 Years 7.00% 6.25%
 2 Years to 3 Years 6.75% 6.25%
 3 Years to 5 Years 6.75% 6.25%
5 Years to 10 Years6.75%6.25%

Updated: 2 February, 2017

Calculate FD maturity value now

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

12 Comments

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

    With best regards,
    Laltu Hazra.

  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 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

        • i am 58 year old. Please inform me how can i earn per month for 9 lakh rupees [n monthly scheme for 2 years.

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