The bank is offering FDs ranging from 7 days to 10 years to the customers. The bank is paying interest ranging from 5.50 per cent to 7 per cent on these FDs. The bank is offering a maximum interest of 7.25 per cent on bulk FDs.

Axis Bank increased interest on these FDs

Axis Bank Rs 2 Cr to Rs 5 Cr, Rs 10 Cr to Rs 24.75 Cr, Rs 24.75 Cr to Rs 25 Cr, Rs 25 Cr to Rs 50 Cr, Rs 50 Cr to Rs 100 Cr and above Rs 100 Cr Interest on FD has been revised. These new rates have come into effect from yesterday, April 10.

Interest rates on FDs between Rs 2 crore to Rs 5 crore

7 days to 14 days: 5.50 percent

15 days to 29 days: 5.50 percent

30 days to 45 days: 5.55 percent

46 days to 60 days: 5.80%

61 days to less than 3 months: 6.25 percent

3 months to less than 4 months: 6.50 percent

4 months to less than 5 months: 6.50 percent

5 months to less than 6 months: 6.50 percent

6 months to less than 7 months: 6.65 percent

7 months to less than 8 months: 6.65 percent

8 months to less than 9 months: 6.65 percent

9 months to less than 10 months: 6.75 percent

10 months to less than 11 months: 6.75 percent

11 months to less than 11 months 25 days: 6.75 percent

11 months 25 days to less than 1 year: 6.75 percent

1 year to less than 1 year 5 days: 7.25 percent

1 year 5 days to less than 1 year 11 days: 7.25 percent

1 year 11 days to less than 1 year 25 days: 7.25 percent

1 year 25 days to less than 13 months: 7.25 percent

13 months to less than 14 months: 7.25 percent

14 months to less than 15 months: 7.25 percent

15 months to less than 16 months: 7.15 percent

16 months to less than 17 months: 7.15 percent

17 months to less than 18 months: 7.15 percent

18 months to less than 2 years: 7.15 percent

2 years to less than 30 months: 7 percent

30 months to less than 3 years: 7 percent

3 years to less than 5 years: 7 percent

5 years to 10 years: 7 percent

The post Axis Bank Bulk FD Rate Increased: Axis Bank has revised the interest rates on Fixed Deposit, know the latest rate here first appeared on Rightsofemployees.com.