Axis Bank, one of the leading private sector banks of the country, has released a major update for its investment and saving customers. The bank has announced the new interest rates of Fixed Deposit i.e. FD, which has been officially implemented in the entire country from today i.e. 2 November 2026. These new interest rates have been fixed by the bank mainly for huge deposits of ₹ 3 crore and above. If you also want to invest your hard-earned money in a safe place and get great returns on it, then it is very important for you to understand these new financial figures of Axis Bank. In this new interest rates list, a provision of higher interest rates has been made especially for the common citizens as well as senior citizens, so that the elderly investors can get huge financial benefits. Let us know in detail how much interest is being given in these revised FD rates of Axis Bank, for which period and on which slab. What are the new figures of Axis Bank on FD from short duration to long duration? According to the official chart released by Axis Bank, interest rates have been determined according to different durations on fixed deposit amounts ranging from ₹ 3 crore to less than ₹ 5 crore. If an investor wants to park the money for a very short period, then FDs with tenures ranging from 7 days to 14 days and 15 days to 29 days are offering interest at the rate of 3.50% per annum. Apart from this, if the period is extended a little further then the interest rate on FDs from 30 days to 45 days has been increased to 4.25%. At the same time, for medium term investors, an attractive interest rate of 5.50% has been fixed for the tenure ranging from 88 days to 3 months and 24 days. The Bank has prepared these rates in a very balanced manner keeping in mind the needs of short and medium term investors, so that the best combination of liquidity and returns is maintained. Returns on long term FD ranging from 1 year to 10 years: For those investors who want to keep their money safe for a long time, there are many good options in this new rate list of Axis Bank. According to the details released by the bank, if a customer invests for a period of 9 months to less than 1 year, he will get 6% interest annually. At the same time, the interest rate on FD with tenure ranging from 1 year to 1 year 10 days increases to 6.25%. Along with this, if the investment horizon is from 3 years to less than 5 years, then the bank is offering interest of 6.35% on it. Apart from this, customers making fixed deposits for long term safe investment i.e. for a time period ranging from 5 years to 10 years will get returns at the rate of 6.15%. These long term plans are extremely beneficial for those who want a fixed and secure income without any market risk. The bank has made arrangements for special additional interest for senior citizens. Taking special care of its elderly customers i.e. senior citizens, Axis Bank has announced different and very attractive interest rates for them. Senior citizens are being given the benefit of higher interest on every slab as compared to ordinary citizens, so that they can make their retirement fund stronger. According to the data released, senior citizens on FDs between ₹3 crore to less than ₹5 crore will get 4% interest per annum for the period of 7 to 14 days and 15 to 29 days. At the same time, for a period of 88 days to 3 months and 24 days, this interest rate directly reaches 6%. Not only this, if senior citizens make FD for less than 9 months to 1 year, then they will get 6.50% interest, whereas for the period of 1 year to 1 year and 10 days, it increases to 6.75%. Apart from this, senior citizens are being provided the highest annual interest benefit of 6.85% for the tenure of 3 years to less than 5 years and 6.90% for the longest tenure i.e. 5 years to 10 years. For elderly investors, these rates are considered much better than other options available in the market. Important points related to different deposit slabs and rules: It is very important to note that these interest rates of Axis Bank have been decided entirely on the basis of the total amount of the deposit. Various slabs have been created in the bank's chart such as ₹3 crore to ₹5 crore, ₹5 crore to ₹25 crore, ₹25 crore to ₹50 crore and even higher amounts. Therefore, before visiting any bank branch or booking an FD online, make sure to check the relevant slab as per your investment amount and its exact tenure. Along with this, the bank has also clarified that all these interest rates can be changed without any prior notice. Additionally, in case of certain Bulk Fixed Deposits (Bulk FD) of ₹5 Crore and above, the Bank may, at its discretion, restrict the permission for Premature Withdrawal, for which the Bank's terms and conditions will be strictly applicable. If you also want to take advantage of this new rate, then you can finalize your investment plan today by visiting the official website of Axis Bank or contacting the nearest branch.
