Axis Bank RD Interest Rates

Axis Bank offers recurring deposit interest rates of 6.00%-7.25% p.a. to senior citizen depositors and 5.50%-6.60% p.a. to other depositors with minimum monthly investment of Rs 500. The tenures available for opening Axis Bank recurring deposits range from 6 months to 10 years.

Axis Bank Recurring Deposit Highlights

Interest Rates
For 1 year	6.25% p.a.
For 2 years	6.50% p.a.
For 3 years	6.50% p.a.
For 4 years	6.50% p.a.
For 5 years	6.50% p.a.
Tenure
Minimum Tenure	6 months
Maximum Tenure	10 years
Monthly Investment
Minimum Monthly Investment	Rs 500
Maximum Monthly Investment	No limit

Rates as of 17 June 2025

Axis Bank RD Rates

Axis Bank does not set separate set of interest rates for its recurring deposits. Axis Bank recurring deposit rates are the same as Axis Bank FD rates. Below-mentioned are the RD interest rates offered by Axis Bank.

Axis Bank Recurring Deposit Rates of less than Rs 3 crore w.e.f. 11 June 2025

Tenure	Interest Rates (p.a.)
	Regular Citizens	Senior Citizens
6 months	5.50	6.00
9 months	5.75	6.25
12 months	6.25	6.75
15 months	6.60	7.10
18 months	6.60	7.10
21 months	6.50	7.10
24 months	6.50	7.00
30 months	6.50	7.00
36 months	6.50	7.00
48 months	6.50	7.00
60 months	6.50	7.25
120 months	6.50	7.25

Note: Rates as of 17 June 2025

Features of Axis Bank Recurring Deposit

• Minimum monthly instalment: Rs 500
• Maximum monthly instalment: No limit
• Minimum tenure: 6 months
• Maximum tenure: Up to 10 years
• For RDs opened on or after 9^th August 2016, a penalty of Rs 10 per Rs 1,000 per month is charged in case of delayed payments of any RD instalment.

How to apply for Axis Bank Recurring Deposit

Depositors can apply for Axis Bank RD by visiting the nearest Axis Bank branch or through either of the online methods — internet banking or mobile banking.

Axis Bank Online RD through Internet Banking:

• Depositors have to login in to their internet banking account and select the deposit option
• They then have to click on the option “Create Recurring Fixed Deposit” and fill in the required details
• On confirmation, the specified amount will be debited from their savings account and recurring fixed deposit will be created. The depositor will receive a web receipt of the booked RD.
• If the depositor is registered for an e-statement, the recurring fixed deposit advice is mailed at his/her registered e-mail address. If not registered for e-statements, a physical recurring deposit advice is dispatched to the communication address of the depositor.

Axis Bank Online RD through Mobile Banking:

• The depositors have to login to their mobile banking account and select the “deposit” option
• They then have to select “Open RD” and fill in the required details
• On confirmation, the selected amount will be debited from savings account and recurring fixed deposit is created. A receipt of the RD booked is received online.
• The recurring deposit advice is mailed on the registered e-mail ID of the depositor if he/she has registered for e-statements.
• If the depositor is not registered for e-statement, then he/she will receive a physical RD advice in his/her communication address.