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Axis Bank revises fixed deposit (FD) rates. How they compare with SBI, ICICI, HDFC Bank
Axis Bank revises fixed deposit interest rates for amounts below ₹2 crore, offering rates of 3.50-7.10% p.a. on term deposits maturing in seven days to ten years Axis Bank has revised the fixed deposit interest rates for amounts below ₹2 crore. The new FD rate is effective from 26 December 2023, according to the Axis Bank website. After the latest revision, Axis Bank offers FD rates of 3.50-7.10% p.a. to the general public on term deposits maturing in seven days to ten years. Axis Bank latest FD rates 7 days to 14 days 3% 15 days to 29 days 3% 30 days to 45 days 3.50% 46 days to 60 days 4.25% 61 days < 3 months 4.50% 3 months – 3 months 24 days 4.75% 3 months 25 days < 4 months 4.75% 4 months < 5 months 4.75% 5 months < 6 months 4.75% 6 months < 7 months 5.75% 7 months < 8 months 5.75% 8 months < 9 months 5.75% 9 months < 10 months 6.00% 10 months < 11 months 6.00% 11 months to 11 months 24 days 6.00% 11 months 25 days < 1 year 6.00% 1 year to 1 year 4 days 6.70% 1 year 5 days to 1 year 10 days 6.70% 1 year 11 days to 1 year 24 days 6.70% 1 year 25 days < 13 months 6.70% 13 months < 14 months 6.70% 14 months < 15 months 6.70% 15 months < 16 months 7.1% 16 months < 17 months 7.1% 17 months < 18 months 7.1% 18 Months < 2 years 7.10% 2 years < 30 months 7.1% 30 months < 3 years 7.1% 3 years < 5 years 7.1% 5 years to 10 years 7.00% Axis Bank's latest FD rates for Senior citizens Axis Bank offers FD rates of 3.50-7.75% p.a. to senior citizens on tenures ranging from 7 days to 10 years. These rates are with effect from 26 December 2023. Source - Mint
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