Axis Bank Fixed Deposit Interest Rates 2025 - Latest FD Rates

With an Axis Bank FD, you can invest a one-time payment and receive a fixed rate of interest for a predetermined amount of time. The deposit amount, tenure, and customer category are some of the variables that affect Axis Bank's FD rates.

Like all banks, Axis Bank periodically adjusts its Axis interest rates in accordance with the Reserve Bank of India's (RBI) policies and the state of the economy. Before making an investment, it is essential to verify the current Axis Bank FD rates to make sure you are receiving the highest returns.

Using an Axis Bank FD rates calculator is a smart way to plan your investment. This tool helps you quickly estimate the maturity value and the total interest earned on your deposit. It saves you time and ensures accuracy, allowing you to make an informed decision.

How to use the calculator:

1. Enter your principal deposit amount.
2. Select the deposit tenure.
3. Choose the applicable interest rate (for regular or senior citizens).
4. The fixed deposit calculators will instantly show the estimated maturity amount.

For example, if a regular customer invests ₹1,00,000 for a tenure of 2 years at an interest rate of 7.10% p.a., the calculator will show the exact maturity amount, including compounded interest.

An Axis Bank FD is more than just a savings instrument; it's a versatile financial product with a host of features designed to meet various needs.

• Assured Returns and Security: You get a fixed return on your investment, shielding you from market volatility. The fixed deposit is considered one of the safest investment avenues.
• Flexible Tenure and Payouts: You can choose from a wide range of tenures ranging from 7 days to 10 years to suit your financial needs. Furthermore, you have the flexibility to choose from monthly, quarterly, or cumulative interest payouts, which can be particularly useful for retirees or those seeking a regular income stream.
• Premature Withdrawal with Conditions: While FDs are meant for a fixed term, Axis Bank provides a premature withdrawal facility in case of an emergency, though a small penalty may apply. It's important to note that the penalty is typically around 1% of the interest. However, for digital FDs, Axis Bank offers one free premature withdrawal of up to 25% of the deposit amount.
• Preferential Rates for Senior Citizens: The Axis Bank offers a higher rate of interest for senior citizens, ensuring they get more value from their retirement savings.
• Loan and Credit Card Facility: You can avail of a loan against your FD, typically up to 90% of the deposit value, without breaking the FD. This provides liquidity in times of need. Similarly, you can get a credit card against your FD, which is a great way to build credit history.

Axis Bank offers various FD schemes to meet different investment goals.

• Regular Fixed Deposit: This is the standard FD for all customers.
• Tax Saving FD: This tax saving FD scheme has a lock-in period of 5 years and helps you save up to ₹1.5 lakh in income tax under Section 80C of the Income Tax Act.
• Axis Auto Fixed Deposit: This scheme links your savings accounts to your FD, converting any surplus funds into a fixed deposit.
• Fixed Deposit Plus: A special FD for high-value deposits of ₹3 crore and above, offering different interest rates.

Axis Bank provides flexibility in interest payouts. You can choose from:

• Cumulative Option: The interest earned is compounded and paid out along with the principal at maturity. This is ideal for those who want to maximize their returns.
• Non-Cumulative Option: You can receive interest payouts at regular intervals (monthly, quarterly, or half-yearly). This is beneficial for individuals who need a steady stream of income.

To open an Axis Bank FD, you will need to provide standard KYC (Know Your Customer) documents.

• Identity Proof: PAN Card, Aadhaar Card, Passport, Voter ID Card, or Driving License.
• Address Proof: Aadhaar Card, Passport, or recent utility bills.
• Photographs: Two recent passport-size photographs.
• For NRIs: Additional documents will be required, such as a valid passport and visa.

If your interest on a fixed deposit exceeds ₹40,000 for a regular customer and ₹50,000 for a senior citizen in a fiscal year, it is taxable income tax and subject to TDS (Tax Deducted at Source). The TDS is 10% if you have a PAN. Otherwise, it might be 20%. If your total income is less than the taxable limit, you can file Form 15G or 15H to avoid TDS.

Axis Bank makes it easy to get a loan secured by your FD. This enables you to obtain quick cash without depleting your FD and forfeiting interest. Up to 90% of the value of your FD account may be borrowed. Usually, the loan's interest rate is 1% to 2% greater than your FD interest rate.

An Axis Bank credit card against an FD is a fantastic choice for people who want to establish their credit history or who don't have a steady source of income. You can obtain a credit card with a limit determined by the amount of your deposit by using it as collateral.

Opening an Axis Bank FD is quick and easy.

• Online via Net Banking/App: Log in to your Axis Bank internet banking account or the mobile app, navigate to the FD section, enter the details, and book your FD instantly.
• Branch Visit: You can visit any Axis Bank branch, fill out the application form, and submit the required documents along with the deposit amount.

Comparing the available rates is crucial when selecting an FD in order to make an informed choice. Interest rates on deposits at Axis Bank are very competitive, particularly for certain tenures.

For instance, the rate of 7.25% per annum for general citizens with tenures ranging from 15 months to less than two years is a compelling offer. The Axis FD rates are a great option for people seeking the highest returns at the lowest risk because senior citizens receive an extra 0.50% to 0.75%.