Axis Bank Fix Deposit Banks change the interest rates on fixed deposits from time to time. Investing in fixed deposit is considered a safe investment by the customers because it does not cause any kind of loss and is not affected by market fluctuations.
How much interest rate is being received?
Axis Bank has changed the interest rates on fixed deposits. According to the bank website, the new interest rates have come into effect from October 21, 2024. General customers will be given the benefit of interest rates ranging from 3% to 7.25% and senior citizens will be given the benefit of interest rates ranging from 3.5% to 7.75% on tenure ranging from 7 days to 10 years.
The bank offers 3% on tenure of 7 to 14 days, 3% on tenure of 15 to 29 days, 3.5% on tenure of 30 to 45 days, 4.25% on tenure of 46 to 60 days, 61 days to 3 months tenure. The benefit of 4.5% interest rate is being given on tenure of 3 months, 25 days, 4 months, 4.75% interest rate on tenure of 4 months, 5 months. 7.1% interest rate is being given on tenure of 3 years 5 years.
Comments are closed.