Calculate Axis Bank Fixed Deposit maturity amount. FD rates from 6.5% to 7.1% p.a.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
Axis Bank offers Fixed Deposits across multiple tenures. Interest is compounded quarterly.
| Tenure | General Rate | Senior Rate | Maturity (₹1L) |
|---|---|---|---|
| 6 Months | 6.5% | 7% | ₹1,03,276 |
| 1 Year | 6.9% | 7.4% | ₹1,07,081 |
| 2 Years | 7.1% | 7.6% | ₹1,15,114 |
| 3 Years | 7.1% | 7.6% | ₹1,23,508 |
| 5 Years | 7% | 7.5% | ₹1,41,478 |
Axis Bank offers FD rates ranging from 6.5% to 7.1% p.a. for general citizens. Senior citizens get an additional 0.50% benefit.
The best Axis Bank FD rate for general citizens is 7.1% p.a. for 2 Years tenure, and 7.6% for senior citizens.
The minimum deposit amount for Axis Bank Fixed Deposit is ₹5,000. Interest is compounded quarterly.
Axis Bank currently does not have any special FD scheme. Check with the bank for the latest offers.
Yes, Axis Bank FDs are insured by DICGC (Deposit Insurance and Credit Guarantee Corporation) up to \u20B95 Lakh per depositor per bank.