Non-public sector lender Axis Financial institution has revised rates of interest on mounted deposits (FDs) with impact from 26 January. Axis Financial institution gives FDs throughout totally different tenures, starting from 7 days to 10 years.
After the most recent revision on deposits lower than 2 crores, Axis Financial institution is providing an rate of interest of two.50% on FDs with maturity between 7 days and 29 days, 3% for FDs maturing between 30 days and fewer than 3 months, 3.5% for FDs between 3 months and fewer than 6 months.
For FDs maturing in six months to lower than 11 months 25 days, Axis Financial institution offers a 4.40% rate of interest. For 11 months 25 days to lower than 1 12 months 5 days 5.10%, 1 12 months 5 days to lower than 1 12 months 25 days the financial institution is giving 5.25%.
For time period deposits maturing in 18 months to lower than 2 years, Axis Financial institution offers 5.25% curiosity.
For deposits for two years however lower than 30 years Axis Financial institution offers 5.40% curiosity.
For long-term deposits maturing in additional than 3 years to lower than 5 years, Axis Financial institution gives an rate of interest of 5.40%. And deposits maturing in 5 years to 10 years will fetch you an rate of interest of 5.75%.
Axis Financial institution newest FD rates of interest (beneath ₹2 crore) for common public with impact from 26 January:
7 days to 14 days- 2.50%
15 days to 29 days- 2.50%
30 days to 45 days 3.00%
46 days to 60 days 3.00%
61 days < 3 months 3.00%
3 months < 4 months 3.50%
4 months < 5 months 3.50%
5 months < 6 months 3.50%
6 months < 7 months 4.40%
7 months < 8 months 4.40%
8 months < 9 months 4.40%
9 months < 10 months 4.40%
10 months < 11 months 4.40%
11 months < 11 months 25 days 4.40%
11 months 25 days < 1 12 months 4.40 %
1 12 months < 1 12 months 5 days 5.10%
1 12 months 5 days < 1 12 months 11days 5.15%
1 12 months 11days < 1 12 months 25days 5.25%
1 12 months 25 days < 13 months 5.15%
13 months < 14 months 5.15%
14 months < 15 months 5.15%
15 months < 16 months 5.20%
16 months < 17 months 5.20%
17 months < 18 months 5.20%
18 months < 2 years 5.25%
2 years < 30 months 5.40%
30 months < 3 years 5.40%
3 years < 5 years 5.40%
5 years to 10 years 5.75%
Axis Financial institution FD charges for senior residents
Axis Financial institution gives a better charge to senior residents on choose maturities. Senior residents will get an rate of interest starting from 2.5% to six.50% on deposits maturing in 7 days to 10 years.
Supply: Live Mint