The leading private sector bank, Axis Bank, completed the acquisition of Citibank’s consumer businesses in India, with effect from March 1, 2023. However, there will be no changes in the fixed deposit account for existing depositors who choose the auto-renewal facility. Consumers who wish to open new FDs would have to open FD with Axis Bank and should contact the bank to know about the FD-related details. Listed below are the Axis Bank FD rates:
Axis Bank Fixed Deposit (FD) Interest Rates Highlights – 2025 (w.e.f. 7 May 2025 for less than Rs. 3 crore)
| Highest slab rate | 7.05% p.a. (15 months to less than 2 years) |
| For 1 year | 6.70% p.a. |
| For 2 year | 6.90% p.a. |
| For 3 year | 6.90% p.a. |
| For 4 year | 6.90% p.a. |
| For 5 year | 6.90% p.a. |
| Tax-Saving FD | 6.90% p.a. |
Interest rates as of 14 May 2025
Axis Bank offers an additional senior citizen FD interest rate (75 bps) on regular FD interest rates. The bank also offers a Digital Fixed Deposit product wherein depositors can open FD without opening an Axis Bank savings account.
