According to the Axis Bank website, the bank offers the most Rate of interest Amount of 5.75% for maturities of 1 year, 11 days to 1 year, 25 days and 5 years to 10 years.
The bank offers 2.75% for tenures from 7 days to 29 days and 3.25% for tenures from 30 days to less than 3 months. The interest rate offered by Axis Bank is 4.65% for tenures ranging from 6 months to less than 9 months and 3.75% for tenures ranging from 3 months to less than 6 months.
Further, the rate is 4.75% for periods ranging from nine months to less than one year. The rate between one year and less than one year and 11 days is 5.45%. The rate of 5.60% for FDs with tenors of one year and twenty five days and two years. It offers a rate of 5.70% on FDs with tenures ranging from two years to less than five years.
Senior Citizen FD Rates
How to book Axis Bank FD online?
Step 1: Log in to Internet Banking and select Deposit option.
Step 2: Click on Create Fixed Deposit
Step 3: Fill the required account and nominee details
Step 4: On confirmation, the selected amount will be debited from your savings account and your Fixed deposit will be created immediately.
You will immediately receive an online receipt for the booked fixed deposit. The initial deposit amount and interest rate will be determined by the request date, or the day the savings account is debited.
Step 5: After one working day of deposit booking, you will be able to get fixed deposit advice through internet banking.
If you have registered for e-statement, the Fixed Deposit advice will be sent to your registered email address after creation. If you have not signed up for an electronic statement, physical documents will be sent to your communication address.