Shock to customers before New Year, this private bank reduced interest on FD, check new rates

By Samira Vishwas On Dec 28, 2025

In the beginning of December, the Reserve Bank of India (RBI) had cut the repo rate by 25 bps. After which till now many public and private sector banks have changed the interest rates of Fixed Deposit (FD). Axis Bank has also been included in this list. The bank has reduced the interest rate by 0.15%.

According to the official website of the bank, the new interest rates for FD have become effective from December 26. The bank is offering 3% to 6.45% interest to common citizens on investment of less than Rs 3 crore. Whereas senior citizens are getting returns ranging from 3.50% to 7.20%. The bank is offering 4% to 6.60% interest on investments ranging from Rs 3 crore to less than Rs 5 crore.

You will get the highest returns during these periods

The bank is offering the highest interest on all maturity slabs ranging from 15 months to 10 years. Common citizens are getting 6.45% interest on investments of less than Rs 3 crore. Earlier the interest rate was 6.60%. The bank is offering 50 bps more interest to senior citizens on all maturity slabs. Keep in mind that interest rates keep changing from time to time. Banks do not give this information in advance. Therefore, before investing, it is advised to visit the official website of the bank or the nearest branch.

How much interest on one year investment?

The bank is offering 6.25% interest on 1 year tenure. On tenure of 1 year to less than 15 months, general citizens are getting 6.25 percent return and senior citizens are getting 6.75% return. Up to 4.50% returns are available on investment for up to 3 months. Whereas the bank is offering 4% interest on tenure of 60 days. Long tenure from 5 years to 10 years is getting 6.45% interest.

FD interest rates according to tenure

7 days to 14 days – 3%
15 to 29 days – 3%
30 to 45 days – 3.25%
46 to 60 days – 4%
61 to 87 days – 4%
From 88 days to 3 months 24 days – 4.50%
3 months 25 days to less than 4 months – 4.50%
From 4 months to less than 6 months – 4.50%
From 6 months to less than 9 months – 5.50%
From 9 months to less than 1 year – 6.25%
One year 11 days to less than 13 months – 6.25%
From 13 months to less than 15 months – 6.25%
From 15 months to less than 18 months – 6.45%
18 months to less than 2 years – 6.45%
From 2 years to less than 3 years – 6.45%
From 3 years to less than 5 years – 6.45%
From 5 years to 10 years – 6.45%

Check FD interest rates here

(Disclaimer: This article is based on other mediums including the official website of the bank. Its purpose is to share general information only. Read does not advise investing in FD, share market, IPO etc.)