Increased interest on this FD - Rightsofemployees.com https://www.rightsofemployees.com Know Your Rights Sat, 11 Mar 2023 05:54:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.rightsofemployees.com/wp-content/uploads/2018/01/cropped-emp1-32x32.png Increased interest on this FD - Rightsofemployees.com https://www.rightsofemployees.com 32 32 Axis Bank FD Rates: Axis Bank again increased interest on FD, know latest rate https://www.rightsofemployees.com/axis-bank-fd-rates-axis-bank-again-increased-interest-on-fd-know-latest-rate/ Sat, 11 Mar 2023 06:05:52 +0000 https://www.rightsofemployees.com/?p=12539 Axis Bank FD Rates: Axis Bank has increased the interest on FDs of less than Rs 2 crore. Axis Bank has increased the interest on FD by 0.40 percent. These new interest rates have come into effect from today, March 10, 2023. Axis Bank had increased the interest rates a few days back. Most banks […]

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]]> Axis Bank FD Rates: Axis Bank has increased the interest on FDs of less than Rs 2 crore. Axis Bank has increased the interest on FD by 0.40 percent. These new interest rates have come into effect from today, March 10, 2023. Axis Bank had increased the interest rates a few days back. Most banks have increased the interest on FDs after the RBI increased the repo rate to control inflation.

Increased interest on this FD

According to Axis Bank’s website, the bank has increased the interest rate on FDs of 13 months and less than two years by 40 basis points i.e. 0.40 per cent. The bank has increased the interest on this from 6.75 per cent to 7.15 per cent. Bank Sabes is paying an interest of 7.26 percent more on FDs from 2 years to 30 months. These are the new interest rates of the bank.

Interest rates on FDs below Rs 2 crore

7 days to 14 days: 3.50 per cent for general public; 3.50 percent for senior citizens

15 days to 29 days: 3.50 per cent for general public; 3.50 percent for senior citizens

30 days to 45 days: 3.50 per cent for general public; 3.50 percent for senior citizens

46 days to 60 days: 4.00 per cent for general public; 4.00 percent for senior citizens

61 days to less than 3 months: 4.50 per cent for general public; 4.50 percent for senior citizens

3 months to less than 4 months: 4.75 per cent for general public; 4.75 percent for senior citizens

4 months to less than 5 months: 4.75 per cent for general public; 4.75 percent for senior citizens

5 months to less than 6 months: 4.75 per cent for general public; 4.75 percent for senior citizens

6 months to less than 7 months: 5.75 per cent for general public; 6.00 percent for senior citizens

7 months to less than 8 months: 5.75 per cent for general public; 6.00 percent for senior citizens

8 months to less than 9 months: 5.75 per cent for general public; 6.00 percent for senior citizens

9 months to less than 10 months: 6.00 per cent for general public; 6.25 percent for senior citizens

10 months to less than 11 months: 6.00 per cent for general public; 6.25 percent for senior citizens

11 months to less than 11 months 25 days: 6.00 per cent for general public; 6.25 percent for senior citizens

11 months 25 days to less than 1 year: 6.00 per cent for general public; 6.25 percent for senior citizens

1 year to less than 1 year 4 days: 6.75 per cent for general public; 7.50 percent for senior citizens

1 year 5 days to less than 1 year 11 days: 6.75 per cent for general public; 7.50 percent for senior citizens

1 year 11 days to less than 1 year 24 days: 6.75 per cent for general public; 7.50 percent for senior citizens

1 year 25 days to less than 13 months: 7.10 per cent for general public; 7.85 percent for senior citizens

13 months to less than 14 months: 7.15 per cent for general public; 7.90 percent for senior citizens

14 months to less than 15 months: 7.15 per cent for general public; 7.90 percent for senior citizens

15 months to less than 16 months: 7.15 per cent for general public; 7.90 percent for senior citizens

16 months to less than 17 months: 7.15 per cent for general public; 7.90 percent for senior citizens

17 months to less than 18 months: 7.15 percent for general public; 7.90 percent for senior citizens

18 months to less than 2 years: 7.15 per cent for general public; 7.90 percent for senior citizens

2 years to less than 30 months: 7.26 per cent for general public; 8.01 percent for senior citizens

30 months to less than 3 years: 7.00 per cent for general public; 7.75 percent for senior citizens

3 years to less than 5 years: 7.00 per cent for general public; 7.75 percent for senior citizens

5 years to 10 years: 7.00 per cent for general public; 7.75 percent for senior citizens.

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