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Axis Financial institution Hikes Fastened Deposit Curiosity Charges; Know New FD Charges Right here

March 27, 2022

Axis Financial institution Fastened Deposit Curiosity Charge: Main non-public sector lender Axis Financial institution has elevated its mounted deposit (FD) rates of interest for account holders who open such accounts. This comes at a time when main banks are altering their mounted deposit rates of interest following a sign in the direction of financial restoration post-pandemic. It have to be famous that the non-public lender had a number of days in the past revised rates of interest on mounted deposits lower than Rs 2 crore. The brand new Axis Bank FD rates, which have come into impact from Thursday, are relevant to deposits over Rs 5 crore.

Listed here are the revised rates of interest on mounted deposits above Rs 2 crore on the Axis Financial institution from March 24, 2022:

7 days to 14 days: 3.05 per cent for Normal Public; 3.05 per cent for Senior Residents

15 days to 29 days: 3.05 per cent for Normal Public; 3.05 per cent for Senior Residents

30 days to 45 days: 3.2 per cent for Normal Public; 3.2 per cent for Senior Residents

46 days to 60 days: 3.2 per cent for Normal Public; 3.2 per cent for Senior Residents

61 days to lower than Three months: 3.35 per cent for Normal Public; 3.35 per cent for Senior Residents

Three months to lower than Four months: Four per cent for Normal Public; Four per cent for Senior Residents

Four months to lower than 5 months: Four per cent for Normal Public; Four per cent for Senior Residents

5 months to lower than 6 months: Four per cent for Normal Public; Four per cent for Senior Residents

6 months to lower than 7 months: 4.25 per cent for Normal Public; 4.5 per cent for Senior Residents

7 months to lower than eight months: 4.25 per cent for Normal Public; 4.5 per cent for Senior Residents

eight months to lower than 9 months: 4.25 per cent for Normal Public; 4.5 per cent for Senior Residents

9 months to lower than 10 months: 4.Three per cent for Normal Public; 4.55 per cent for Senior Residents

10 months to lower than 11 months: 4.Three per cent for Normal Public; 4.55 per cent for Senior Residents

11 months to lower than 11 months 25 days: 4.Three per cent for Normal Public; 4.55 per cent for Senior Residents

11 months 25 days to lower than 1 yr: 4.Three per cent for Normal Public; 4.55 per cent for Senior Residents

1 yr to lower than 1 yr 5 days: 4.45 per cent for Normal Public; 5.1 per cent for Senior Residents

1 yr 5 days to lower than 1 yr 11 days: 4.45 per cent for Normal Public; 5.1 per cent for Senior Residents

1 yr 11 days to lower than 1 yr 25 days: 4.45 per cent for Normal Public; 5.1 per cent for Senior Residents

1 yr 25 days to lower than 13 months: 4.45 per cent for Normal Public; 5.1 per cent for Senior Residents

13 months to much less than 14 months: 4.45 per cent for Normal Public; 5.1 per cent for Senior Residents

14 months to much less than 15 months: 4.45 per cent for Normal Public; 5.1 per cent for Senior Residents

15 months to much less than 16 months: 4.45per cent for Normal Public; 5.1 per cent for Senior Residents

16 months to much less than 17 months: 4.45 per cent for Normal Public; 5.1 per cent for Senior Residents

17 months to much less than 18 months: 4.45 per cent for Normal Public; 5.1 per cent for Senior Residents

18 months to much less than 2 years: 4.45 per cent for Normal Public; 5.1 per cent for Senior Residents

2 years to much less than 30 months: 4.55 per cent for Normal Public; 5.2 per cent for Senior Residents

30 months to lower than Three years: 4.55 per cent for Normal Public; 5.2 per cent for Senior Residents

Three years to lower than 5 years: 4.65 per cent for Normal Public; 5.Three per cent for Senior Residents

5 years to 10 years: 4.65 per cent for Normal Public; 5.Four per cent for Senior Residents

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