Axis Bank FD Interest Rates

Axis Bank Fixed Deposit Rates – Highlights

Highest slab rate	6.60% p.a. (15 months to less than 2 years)
For 1 year	6.25% p.a.
For 2 year	6.60% p.a.
For 3 year	6.60% p.a.
For 4 year	6.60% p.a.
For 5 year	6.60% p.a.
Tax-Saving FD	6.60% p.a.

Interest rates as of 16 July 2025

Axis Bank FD Rates

Axis Bank FD Interest Rates on Domestic Deposits of less than Rs 3 Crore w.e.f. 16 July 2025

Tenure	Interest Rates (p.a.)
	Regular Citizens	Senior Citizens
7 days to 14 days	3.00%	3.50%
15 days to 29 days	3.00%	3.50%
30 days to 45 days	3.25%	4.00%
46 days to 60 days	4.00%	4.50%
61 days to 87 days	4.00%	4.50%
88 days to 3 months 24 days	4.50%	5.00%
3 months 25 days to less than 4 months	4.50%	5.00%
4 months to less than 6 months	4.50%	5.00%
6 months to less than 9 months	5.50%	6.00%
9 months to less than 1 year	5.75%	6.25%
1 year to 1 year 10 days	6.25%	6.75%
1 year 11 days to less than 13 months	6.25%	6.75%
13 months to less than 15 months	6.25%	6.75%
15 months to less than 18 months	6.50%	7.00%
18 months to less than 2 years	6.60%	7.10%
2 years to less than 3 years	6.60%	7.10%
3 years to less than 5 years	6.60%	7.10%
5 years to 10 years	6.60%	7.35%

Comparison of Top 20 Scheduled Banks based on FD Rates

Axis Bank Tax Saver Deposit

Tenure	Regular Citizens	Senior Citizens
5 years	6.70%	7.45%

Axis Bank FD Plus Rates on Domestic Deposits of Rs 3 Crore and less than Rs 5 Crore w.e.f. 15 July 2025

Tenure	Interest Rates (p.a.) Non-Callable
30 days to 45 days	5.50%
46 days to 60 days	5.10%
61 days to 87 days	5.35%
88 days to 3 months 24 days	5.85%
3 months 25 days to less than 4 months	5.85%
5 months to less than 6 months	5.85%
8 months to less than 9 months	6.15%
11 months 25 days to less than 1 year	6.25%
1 year to 1 year 10 days	6.40%
1 year 11 days to less than 13 months	6.40%
13 months to less than 15 months	6.40%
15 months to less than 18 months	6.55%
18 months to less than 2 years	6.55%
2 years to less than 3 years	6.55%
3 years to less than 5 years	6.55%
5 years to 10 years	6.55%

Axis Bank NRE/NRO FD Rates

Axis Bank NRE Fixed Deposit Interest Rates on Deposits less than Rs 3 Crore w.e.f. 16 July 2025

Tenure	Interest Rates (p.a.)
1 year to 1 year 10 days	6.25%
1 year 11 days to less than 13 months	6.25%
13 months to less than 15 months	6.25%
15 months to less than 18 months	6.50%
18 months to less than 2 years	6.60%
2 years to less than 3 years	6.60%
3 years to less than 5 years	6.60%
5 years to 10 years	6.60%

Axis Bank NRO FD Rates on Deposits less than Rs 3 Crore w.e.f. 16 July 2025

Tenure	Interest Rates (p.a.)
7 days to 14 days	3.00%
15 days to 29 days	3.00%
30 days to 45 days	3.25%
46 days to 60 days	4.00%
61 days to 87 days	4.00%
88 days to 3 months 24 days	4.50%
3 months 25 days to less than 4 months	4.50%
4 months to less than 6 months	4.50%
6 months to less than 9 months	5.50%
9 months to less than 1 year	5.75%
1 year to 1 year 10 days	6.25%
1 year 11 days to less than 13 months	6.25%
13 months to less than 15 months	6.25%
15 months to less than 18 months	6.50%
18 Months to less than 2 years	6.60%
2 years to less than 3 years	6.60%
3 years to less than 5 years	6.60%
5 years to 10 years	6.60%

Axis Bank FD Plus Rates on NRE Deposits of Rs 3 Crore and less than Rs 5 Crore w.e.f. 15 July 2025

Tenure	Interest Rates (p.a.) Non-Callable
1 year to 1 year 10 days	6.40%
1 year 11 days to less than 13 months	6.40%
13 months to less than 15 months	6.40%
15 months to less than 18 months	6.55%
18 months to less than 2 years	6.55%
2 years to less than 3 years	6.55%
3 years to less than 5 years	6.55%
5 years to 10 years	6.55%

Axis Bank FD Plus Rates on NRO Deposits of Rs 3 Crore and less than Rs 5 Crore w.e.f. 15 July 2025

Tenure	Interest Rates (p.a.) Non-Callable
30 days to 45 days	5.00%
46 days to 60 days	5.10%
61 days to 87 days	5.35%
88 days to 3 months 24 days	5.85%
3 months 25 days to less than 4 months	5.85%
4 months to less than 6 months	5.85%
6 months to less than 9 months	6.15%
9 months to less than 1 year	6.25%
1 year to 1 year 10 days	6.40%
1 year 11 days to less than 13 months	6.40%
13 months to less than 15 months	6.40%
15 months to less than 18 months	6.55%
18 months to less than 2 years	6.55%
2 years to less than 3 years	6.55%
3 years to less than 5 years	6.55%
5 years to 10 years	6.55%

Axis Bank FCNR (B) Fixed Deposit Interest Rates w.e.f. 12 July 2025

Tenure	USD		GBP	EURO	AUD	CAD	JPY
	Below 1 million	1 million & above
1 year to less than 2 years	4.60%	4.60%	4.25%	1.65%	3.85%	2.75%	0.01%
2 years to less than 3 years	4.00%	4.00%	3.80%	0.01%	3.60%	2.50%	0.01%
3 years to less than 4 years	3.65%	3.65%	0.01%	0.01%	3.20%	2.25%	0.01%
4 years to less than 5 years	3.30%	3.30%	0.01%	0.01%	3.20%	2.20%	0.01%
5 years	3.30%	3.30%	0.01%	0.01%	3.00%	2.00%	0.01%

Axis Bank RFC Fixed Deposit Interest Rates w.e.f. 12 July 2025

Tenure	USD		GBP	EURO	AUD	CAD
	Below 1 million	1 million & above
30 days to less than 3 months	0.15%	0.15%	0.15%	0.01%	0.30%	0.35%
3 months to less than 6 months	0.25%	0.25%	0.15%	0.01%	0.30%	0.35%
6 months to less than 1 year	0.30%	0.30%	0.15%	0.01%	0.30%	0.35%
12 months to less than 2 years	4.60%	4.60%	4.25%	1.65%	3.85%	2.75%
2 years to less than 3 years	4.00%	4.00%	3.80%	0.01%	3.60%	2.50%
3 years to less than 4 years	3.65%	3.65%	0.01%	0.01%	3.20%	2.25%
4 years to less than 5 years	3.30%	3.30%	0.01%	0.01%	3.20%	2.20%
5 years	3.30%	3.30%	0.01%	0.01%	3.00%	2.00%

Types of Axis Bank FD Schemes

Axis Bank Digital Fixed Deposit

• It’s a digital full KYC fixed deposit product, which can be funded from any savings bank account.
• Deposit Amount: Rs 5,000 to Rs 2 lakh
• Tenor: 6 months to 10 years
• Zero issuance fees
• No penalty on premature FD withdrawal of up to 25% of the FD amount

Axis Bank Express Fixed Deposit

• It’s a digital fixed deposit product, which can be funded within 3 minutes from any savings bank account.
• Deposit Amount: Rs 5,000 to Rs 90,000
• Tenor: 6 months to 12 months (364 days)
• Zero issuance fees
• Withdraw up to 25% of your FD amount without any penalty of charges
• Available only for single account holders

Axis Bank Tax Saver Fixed Deposit

• This fixed deposit scheme comes with tax benefits under Sec. 80C of Income Tax Act.
• Deposit Amount: Rs 100 to Rs 1.5 lakh
• Has a lock-in period of up to 5 years
• Deposit Types: Reinvestment Deposit, Quarterly Interest Payout or Monthly Interest Payout
• Zero issuance fees
• Withdraw up to 25% of your FD amount without any penalty of charges
• Available only for single account holders

Axis Bank Fixed Deposit Plus

• Minimum Deposit Amount: Rs 5 Crore
• Maximum Deposit Amount: No limit
• Tenor: 7 days to 10 years
• Preferred Method of Interest Calculation: Simple interest and Compound Interest
• Deposit Types: Short-term Deposit, Reinvestment Deposit, Monthly Interest Payout or Quarterly Interest Payout
• Auto-renewal facility not available
• Available for both NRI and NRO customers as well

Axis Bank Regular Fixed Deposit

• This fixed deposit scheme gives a higher rate of return compared to regular FDs.
• Minimum Deposit Amount: Rs 5,000 (if booked via internet banking or mobile app); Rs 10,000 (if booked via branch visit)
• Tenor: 7 days to 10 years
• Automatic rollover facility is available
• Deposit Types: Quarterly compounding/Reinvestment of interest scheme or a quarterly payout of interest scheme or a monthly payout interest scheme

Axis Bank Auto Fixed Deposit

• In this scheme, the FD account is linked to an existing savings bank account, thus, facilitating automatic transfers to the FD account in the multiples of Rs 5,000 when the balance in the linked savings bank account exceeds Rs 25,000.
• Tenor: 6 months to 5 years
• Money can be withdrawn anytime from the liked savings account via cheque or ATM.
• The amount withdrawn is automatically reverse swept from the most recently formed FD (in multiples of Rs 5,000) to the Savings Account whenever the balance in the linked savings account falls below Rs 25,000)
• The amount reverse swept from the FD account will earn interest at the applicable rate for the period, the deposit was held with the bank.
• The remaining amount of the fixed deposit will continue to earn the contracted rate of interest.

Axis Bank Fixed Deposit Schemes for NRIs

NRE Rupee Deposit

• Fund your account with any convertible currency received from abroad
• Avail of overdraft facilities for up to 85% of the deposit
• Tenor: 1 year to 10 years
• Interest earned is not taxable in India
• Automatic renewal of principal and interest on maturity
• Principal amount and interest earned are fully repatriable
• The bank may renew the entire or a portion of an overdue NRE or FCNR deposit, subject to a few conditions
• Partial withdrawal of the deposits allowed with NRE Savings Account with Premature Encashment
• Get payment of interest on overdue deposits

NRO Rupee Deposit

• Avail of overdraft facilities for up to 85% of the deposit
• Tenor: 7 days to 10 years
• Automatic renewal of principal and interest on maturity
• Principal amount and interest earned are fully repatriable
• Funds in NRO account can be repatriated up to USD one million per financial year# for all bonafide purposes
• Loans against FDs may be granted for relending or carrying on agricultural or plantation activity or for investment in real estate
• Premature withdrawal facility available
• Partial withdraw allowed

Foreign Currency Non Resident Deposit (FCNR)

• For opening deposits with any convertible currency received from abroad
• Avail of overdraft facilities for up to 85% of the deposit
• Tenor: 1 year to 5 years
• Interest on FCNR deposits shall be calculated as below:

• For deposits up to one year, at the applicable rate without any compounding effect
• For more than 1 year, at intervals of 180 days and thereafter for the remaining actual number of days may be compounded
• Interest earned is not taxable in India
• Currency of Deposit: USD, EURO, GBP, AUD & CAD
• Principal amount and interest earned are fully repatriable
• Withdraw from deposit whenever required

NRI-Pro Foreign Currency Deposit

• With this FD scheme, invest in an NRE deposit linked forward contract product designed to earn high yields in foreign currency
• Use the locked-in exchange rate to convert rupee funds into foreign currency at the end of the tenure and get higher returns
• Combine attractive interest rates with the added advantage of rising exchange rates
• Tenor: 3 months to 5 years
• Minimum Deposit Amount: Rs 5 lakh or equivalent
• Interest earned is not taxable in India
• Earnings are fully repatriable on maturity
• Forward contracts can be booked on existing Fixed Deposit or fresh Fixed Deposit

NRI-Pro Rupee Deposit

• With this FD scheme, earn a higher Rupee yield by locking-in the conversion rate
• Combine attractive interest rates with the added advantage of rising exchange rates
• Tenor: 3 months to 5 years
• Minimum Deposit Amount: USD 10,000 or equivalent
• Interest is not taxable in India
• Earnings are fully repatriable on maturity

Resident Foreign Currency Term Deposit

• This FD scheme is for NRIs who have returned to India or have been residing in India continuously for more than 1 year
• Avail high returns on foreign currency deposits, without foreign exchange conversion risk
• Balance in your account including the interest earned will remain fully repatriable
• Currency of Deposit: US Dollar, Euro, British Pound Sterling, Australian Dollar and Canadian Dollar
• Withdraw from deposit whenever required

Axis Bank FD Calculator

Paisabazaar’s Axis Bank FD Calculator can be used to check the interest and maturity amount that the depositor will get at the end of deposit tenure. Customers who want to invest in Fixed Deposit can check the maturity amount and interest earned by providing details like the deposit amount, bank FD rate and deposit tenure.

How to Apply for Axis Bank FD?

Existing customers of Axis Bank can open fixed deposit accounts online through internet banking and mobile banking. Alternatively, they can visit the Axis Bank branch and submit the completed Axis Bank FD form with a minimum deposit amount of Rs 5,000. However, in case of Axis Bank Tax Saver Fixed Deposit, the minimum deposit amount required will be Rs. 100. Individuals who do not have a lending or banking relationship with Axis Bank will have to visit its branches to open their Axis Bank FD accounts.

FAQs

Q. Can I avail an overdraft facility against my Axis Bank FD?

Ans. Yes, you can avail an overdraft facility of up to 85% against your FD amount, subject to a minimum limit of Rs 25,000.

Q. What are the eligibility conditions for opening an Axis Bank Digital FD Account?

Ans. To open an Axis Bank Digital FD Account, the depositor must be an Indian citizen of at least 18 years of age. He should not be an existing customer of Axis Bank but must have a valid PAN and Aadhaar number.

Q. What happens to the maturity proceeds of Axis Bank Digital FD?

Ans. The proceeds of Axis Bank Digital FD, inclusive of its principal amount and interest component, will get credited to an account chosen by the depositor within 3 working days of FD maturity date.

Q. What is the process of opening Axis Bank Tax Saving FDs?

Ans. Individuals can open Axis Bank’s Tax Saving FD account by following these steps:

• Log into the bank’s internet banking platform,
• Go to the FD/RD section,
• Select Tax Saver FD,
• Follow the prompts to invest.
• Individuals can also open Axis Bank Tax Saving FDs through the bank’s mobile application or by visiting its branches.

Q. Does Axis Bank allow premature withdrawal facility in its Tax Saving Fixed Deposits?

Ans. Depositors of Axis Bank’s Tax Saving FD cannot exercise premature withdrawal before the completion of its lock-in period of five years.

Q. How much tax deduction can I claim with Axis Bank Tax Saving FDs?

Ans. Depositors can claim tax deduction of up to Rs 1.5 lakh under Section 80C by investing in Axis Bank Tax Saving FDs.

Q. What is the risk of investing in Axis Bank Tax Saving FDs?

Ans. Axis Bank guarantees its tax saving FD depositors the repayment of their deposit amount on their maturity dates as well as the payment of accrued interest income as per as the chosen interest payout option. Moreover, being a scheduled bank, tax saving FDs opened with Axis Bank are covered under the deposit insurance program of DICGC (Deposit Insurance and Credit Guarantee Corporation), in case of bank failure.

Q. What happens on the maturity of Axis Bank Tax Saving FDs?

Ans. On reaching maturity, the invested sum and the accumulated interest, both, will be credited to the depositor’s Savings Account.

Q. Can I open a joint Axis Bank FD with a senior citizen?

Ans. Yes, you can open Axis Bank FD with a senior citizen but in such a case the senior citizen will be the primary account holder of the FD account.

Q. Can I transfer my Axis Bank FD to another bank?

Ans. You cannot transfer your Axis Bank FD to another bank. Instead, you will have to either close your existing FD at the Axis Bank or wait till its maturity and use the closure/maturity proceeds to open FD with the bank of your choice.

Q. Can I avail loan against my Axis Bank NRE Deposits?

Ans. Yes, you can avail loan against your Axis Bank NRE Deposits for personal purposes or for carrying out business activities other than relending, agricultural/ plantation activities or real estate business.

Q. Can I opt for premature withdrawal of Axis Bank NRE FD?

Ans. Yes, you can prematurely withdraw money from your Axis Bank NRE FD. However, NRE Deposits will qualify for interest only if they have a run for a minimum period of 12 months.

Q. What is the tax liability of having an Axis Bank NRE FD?

Ans. The interest income accrued from Axis Bank NRE Fixed Deposits are exempt from income tax in India.

Q. Can I transfer funds from Axis Bank NRO A/c to open NRE/FCNR Deposits with Axis Bank?

Ans. No, NRO funds cannot be used for opening NRE/FCNR deposits.

Q. What is the tax liability of the interest income earned from Axis Bank NRO FD?

Ans. TDS will be deducted on the Axis Bank NRO FD interest income at the rate of 31.2%.

Q. Can I transfer funds from my existing Axis Bank FCNR A/c to open NRE/NRO A/c?

Ans. Yes, you can transfer funds from your existing Axis Bank FCNR Account to open Axis Bank’s NRE/NRO Account.

Q. Can I avail loan against my Axis Bank FCNR Deposits?

Ans. Yes, you can avail loan against your Axis Bank FCNR Deposits in Indian Rupees or in Foreign Currency. The proceeds of the loan or overdraft can be used for both personal purposes as well as for carrying out business activities other than relending, agricultural/ plantation activities or real estate business.

Q. Can I close my Axis Bank FCNR Deposits before their maturity dates?

Ans. Yes, Axis Bank allows its depositors to close their FCNR FDs before their maturity dates. The deposits will qualify for interest only if they run for a period of at least 1 year.