This is what you will earn on your fixed deposits at Axis Bank from Saturday onward:
Now, Axis Bank offers a 4.65% rate from a 4.40% rate on tenures of 6 months to less than 7 months, and 8 months and less than 9 months. Meanwhile, a senior citizen earns a 4.90% rate from a 4.65% rate on these tenures.
The bank offers a 2.50% rate on 7 days t0 29 days tenure to the general category and senior citizens. The rate is around 3% on tenures starting 30 days to less than 3 months. Further, the rate is 3.50% on maturity period from 3 months to less than 6 months. The bank offers a 4.40% rate on 7 months to less 8 months tenure, while on this tenure - the rate is at 4.65% on senior citizens.
Meanwhile, the bank offers 4.75% on tenures from 9 months to less than 1 year to regular customers, while the rate is 5% for senior citizens.
The interest rate is at 5.45% for the general category and at 6.10% for senior citizens on tenures from 1 year to less than 1 year 11 days.
The bank gives 5.75% to the general category on 1 year 11 days less than 1 year 25 days, and 5 years to 10 years. The rate is 6.40% for senior citizens on 1 year 11 days less than 1 year 25 days tenure and the highest at 6.50% on 5 years to 10 years tenure.
Axis Bank provides a 5.60% rate for the general category and a 6.25% rate on senior citizens on tenures from 1 year 25 days to less than 2 years. Furthermore, the bank gives 5.70% and 6.35% to these investors on tenures from 2 years to less than 5 years.
