Looking for a safe and reliable way to grow your savings? Axis Bank Fixed Deposits are one of the most trusted investment options in India. Whether you’re saving for the short term or planning for the long haul, Axis Bank offers competitive FD interest rates that suit every need.
The latest Axis Bank FD interest rates vary based on the deposit tenure and customer type (regular or senior citizen), making it easy for investors to choose what works best for them. With flexible tenures ranging from 7 days to 10 years, Axis FD rates are designed to help you earn steady returns with zero risk.
In this blog, we’ll walk you through the latest Axis FD interest rates, explain how the returns are calculated, and help you compare Axis Bank FD rates with other banks. Whether you’re new to fixed deposits or looking to reinvest, knowing the current Axis Bank interest rates is the first step to making a smart financial decision.
Axis Bank FD Interest Rates August 2025
Axis Bank offers attractive fixed deposit options for both regular customers and senior citizens. Whether you’re a salaried professional, a senior citizen, or an NRI, the Axis Bank FD provides a safe investment avenue with stable returns.
The FD rate of interest in Axis Bank depends on the deposit amount and the tenure you choose. Here’s a quick look at the latest Axis Bank fixed deposit rates for deposits below ₹2 crore
Latest Axis Bank FD Interest Rates (Below ₹2 Crore)
|
Tenure |
Regular FD Rates |
Senior Citizen FD Rates |
|
7 – 14 days |
3.00% |
3.50% |
|
15 – 30 days |
3.00% |
3.50% |
|
31 – 45 days |
3.50% |
4.00% |
|
46 – 60 days |
4.25% |
4.75% |
|
61 – less than 3 months |
4.75% |
5.25% |
|
3 months – less than 6 months |
5.25% |
5.75% |
|
6 months – less than 9 months |
5.75% |
6.25% |
|
9 months – less than 1 year |
6.00% |
6.50% |
|
1 year – less than 15 months |
6.75% |
7.25% |
|
15 months – less than 2 years |
7.10% |
7.60% |
|
2 years – less than 3 years |
7.00% |
7.50% |
|
3 years – less than 5 years |
7.00% |
7.50% |
|
5 years – 10 years |
7.00% |
7.75% |
Rates are subject to change. Always check the official Axis Bank website before booking a deposit.
Axis Bank NRI & NRE FD Rates
Axis Bank also offers fixed deposits for Non-Resident Indians (NRIs). If you’re an NRI looking to grow your income safely in India, the Axis NRE FD rates and Axis NRI FD rates offer good returns with full repatriation benefits.
- Axis NRE FD Rates (as of July 2024): Up to 7.10% for select tenures
- Interest earned on NRE FDs is tax-free in India
Bonus: Axis Bank Savings Account Interest Rate
While fixed deposits offer higher returns, it’s also good to know that the Axis Bank savings account interest rate currently ranges from 3.00% to 3.50%, depending on the balance maintained.
Whether you’re planning for short-term liquidity or long-term wealth creation, investing in an Axis FD can be a smart move. The bank offers flexible tenure options, competitive Axis Bank fixed deposit rates, and the safety of a well-established financial institution.
Types of Axis Bank Fixed Deposits
Axis Bank offers a variety of fixed deposit options to suit different financial goals. Whether you’re looking for regular income, tax-saving benefits, or higher returns, there’s an Axis Bank fixed deposit plan for you. Each FD type comes with its own benefits, features, and applicable Axis Bank FD interest rates.
Here’s a breakdown of the main types of FDs offered by Axis Bank:
|
FD Type |
Key Features |
Interest Rates |
|
Regular Fixed Deposit |
Available for all resident individuals with flexible tenure and safe returns. |
As per latest Axis FD rates (up to 7.10%) |
|
Senior Citizen FD |
Extra 0.50% interest over regular rates for individuals aged 60+. |
Higher than regular Axis FD interest rates |
|
Tax Saver FD |
Lock-in of 5 years with tax exemption up to ₹1.5 lakh under Section 80C. |
As per applicable Axis Bank FD rates |
|
Fixed Deposit Plus |
Higher returns, no premature withdrawal allowed. |
Slightly higher than standard Axis Bank FD interest rates |
|
Auto Fixed Deposit (Flexi) |
Auto-converts excess savings balance into FD and back as needed. |
Linked to standard Axis Bank interest rates |
|
NRE Fixed Deposit |
For NRIs; principal and interest fully repatriable, tax-free interest in India. |
Competitive Axis FD rates for NRIs |
|
FCNR Deposit |
For NRIs to invest in foreign currency; protects against forex fluctuations. |
Currency-specific Axis Bank interest rates |
Why Choose the Right FD Type?
Choosing the right FD plan helps you maximize returns based on your needs. For example:
- Want higher interest? Go for Fixed Deposit Plus
- Need tax savings? Choose Tax Saver FD
- Are you an NRI? Explore Axis NRE FD or FCNR Deposit
Axis Bank offers flexible tenures ranging from 7 days to 10 years, and the latest Axis Bank FD interest rates (as of July 2024) go up to 7.10% for regular customers and up to 7.75% for senior citizens.
Whether you’re looking for guaranteed income, tax benefits, or just a safe way to park your money, the wide variety of Axis Bank FD types ensures that every investor finds a perfect fit. Always check the latest Axis FD rates and terms before booking.
Minimum & Maximum Deposit Limits – Axis Bank Fixed Deposits
When planning to invest in a fixed deposit, it’s important to understand the minimum and maximum amount you can deposit. Axis Bank offers flexible options for all types of investors—whether you’re just starting small or planning to invest a large sum. The Axis Bank FD interest rates vary based on the amount, tenure, and type of FD you choose.
Below is a detailed table showing the minimum and maximum deposit limits for different Axis Bank fixed deposit options:
|
FD Type |
Minimum Deposit |
Maximum Deposit |
|
Regular Fixed Deposit |
₹5,000 |
No upper limit |
|
Senior Citizen Fixed Deposit |
₹5,000 |
No upper limit |
|
Tax Saver FD |
₹100 |
₹1.5 lakh per financial year |
|
NRE Fixed Deposit (NRI) |
₹25,000 |
No upper limit |
|
FCNR Fixed Deposit (NRI) |
USD 1,000 or equivalent |
No upper limit |
|
Fixed Deposit Plus |
₹2 crore |
Above ₹2 crore |
|
Auto Fixed Deposit (Flexi FD) |
₹25,000 |
Based on available savings balance |
The deposit amount you choose also influences the fd rate of interest in Axis Bank. Senior citizens can enjoy higher returns under the Axis Bank FD interest rates for senior citizens, while NRIs benefit from attractive Axis Bank NRE FD rates and Axis Bank NRE fixed deposit rates.
To get the most accurate and up-to-date information, always check the Axis Bank FD rates today before booking a deposit.
Axis Bank FCNR (B) Fixed Deposit Interest Rates w.e.f. 12 August 2025
|
Tenure |
USD |
GBP |
EURO |
AUD |
CAD |
JPY |
|
|
Below 1 million |
1 million & above |
||||||
|
1 year to less than 2 years |
4.60% |
4.60% |
4.25% |
1.65% |
3.85% |
2.75% |
0.01% |
|
2 years to less than 3 years |
4.00% |
4.00% |
3.80% |
0.01% |
3.60% |
2.50% |
0.01% |
|
3 years to less than 4 years |
3.65% |
3.65% |
0.01% |
0.01% |
3.20% |
2.25% |
0.01% |
|
4 years to less than 5 years |
3.30% |
3.30% |
0.01% |
0.01% |
3.20% |
2.20% |
0.01% |
|
5 years |
3.30% |
3.30% |
0.01% |
0.01% |
3.00% |
2.00% |
0.01% |
Axis Bank FD Plus Rates on NRE Deposits of Rs 3 Crore and less than Rs 5 Crore w.e.f. 15 August 2025
|
Tenure |
Interest Rates (p.a.) Non-Callable |
|
1 year to 1 year 10 days |
6.40% |
|
1 year 11 days to less than 13 months |
6.40% |
|
13 months to less than 15 months |
6.40% |
|
15 months to less than 18 months |
6.55% |
|
18 months to less than 2 years |
6.55% |
|
2 years to less than 3 years |
6.55% |
|
3 years to less than 5 years |
6.55% |
|
5 years to 10 years |
6.55% |
Premature Withdrawal & Penalty – Axis Bank Fixed Deposits
Axis Bank allows investors to withdraw their fixed deposits before maturity, but this comes with certain penalties. If you opt for premature withdrawal, the FD interest in Axis Bank may be lower than what was initially promised, depending on how long your deposit was held.
This rule applies across most deposit types—whether it’s a regular FD, NRI FD, or even a deposit under the monthly income scheme in Axis Bank.
Here’s a simple breakdown of Axis Bank’s premature withdrawal rules and applicable penalties:
|
Deposit Amount |
Premature Withdrawal Allowed |
Penalty on Interest |
|
Below ₹5 crore |
Yes |
1% lower than the applicable Axis Bank term deposit rates for the period held |
|
Fixed Deposit Plus |
No |
Premature withdrawal not allowed |
|
Tax Saver FD |
No (Lock-in of 5 years) |
Not applicable |
|
NRE Fixed Deposit |
Yes (after 1 year) |
1% penalty; affects NRE fixed deposit rates Axis Bank offers |
|
FCNR Deposit |
Yes (after 1 year) |
Penalty applicable; rate depends on currency & tenure |
Important Notes:
- If you break the FD before the agreed tenure, Axis Bank will pay you interest as per the Axis Bank FD interest rate applicable for the actual tenure your money stayed in the bank.
- For NRE and FCNR accounts, premature withdrawal is allowed only after 12 months, as per RBI rules.
- Axis Bank NRI FD rates and Axis Bank NRE deposit rates may be revised if premature closure happens, and penalties will reduce your final payout.
- Senior citizens investing in Axis Bank FDs still receive a higher interest rate, but the penalty will apply in case of early withdrawal.
- If you’re relying on the Axis Bank monthly income scheme interest rate for regular income, withdrawing prematurely can disrupt your earnings.
To avoid penalties and make the most of your returns, it’s best to align your investment duration with your financial goals. Always compare the Axis Bank interest rates on saving account with FD rates to choose the right product.
Taxation on Axis Bank Fixed Deposits
Fixed deposits are a popular way to earn guaranteed returns, and FD interest rates in Axis Bank are competitive in 2025. But before you invest, it’s important to understand how your earnings from FDs are taxed.
Whether you’re investing in regular FDs, the Axis Tax Saver FD, or the Flexi Fixed Deposit Axis Bank offers, the interest you earn is taxable. Here’s a breakdown of how taxation works for different types of FDs including for NRIs and senior citizens.
|
Category |
Taxability of Interest |
TDS Deduction |
|
Regular FDs |
Fully taxable under ‘Income from Other Sources’ |
10% TDS if interest exceeds ₹40,000/year |
|
Senior Citizens |
Fully taxable, but TDS threshold is ₹50,000/year |
10% TDS if above ₹50,000/year |
|
Axis Tax Saver FD (5-Year Lock-in) |
Interest is taxable, but investment amount eligible for deduction under Section 80C |
10% TDS if interest exceeds threshold |
|
NRE Fixed Deposits |
Interest is tax-free in India |
No TDS |
|
NRO Fixed Deposits |
Fully taxable as per income slab |
30% TDS |
|
Flexi Fixed Deposits |
Taxed like regular FDs |
TDS applicable as per rules |
Key Points:
- The Axis Bank FD interest rate 2025 varies based on tenure. For example, Axis Bank fixed deposit rates for 5 years tend to be higher and suitable for long-term tax planning.
- Axis Bank senior citizen fixed deposit rates are usually 0.50% higher than the standard rate, but interest remains taxable.
- To avoid TDS, you can submit Form 15G/15H (for eligible individuals) at the start of the financial year.
- The latest FD rates of Axis Bank affect your total interest income, which is then added to your annual taxable income.
- For NRIs, only Axis Bank NRE fixed deposit interest rates are tax-free. In contrast, Axis Bank NRI fixed deposit rates on NRO accounts are taxable with high TDS.
- The Axis Bank current account interest rate is zero, unlike savings and FDs, making fixed deposits a better choice for returns.
Tip: Check the fixed deposit rates of Axis Bank before investing and plan your FDs across tenures to manage tax liabilities better.
What is the FD interest rate of Axis Bank?
Axis Bank FD interest rates range from 3.00% to 7.20% per annum depending on the tenure and customer type. For senior citizens, the rates are slightly higher. (Keywords: axis bank fd interest rates, axis fd interest rates)
Is Axis Bank increasing fixed deposit interest rates up to 7.75% for deposits under Rs 3 crore?
Yes, Axis Bank has recently increased its FD rates for selected tenures, offering up to 7.75% for deposits under ₹3 crore to senior citizens. (Keywords: axis bank fixed deposit, axis bank interest rates)
Are Axis Bank FD rates fixed or floating?
Axis Bank FD interest rates are fixed for the tenure you choose, meaning the rate won’t change once the deposit is booked. (Keywords: axis bank fd, axis bank fd interest rates)
Is Axis Bank safe for FD?
Yes, Axis Bank is a scheduled private sector bank and your fixed deposits are insured up to ₹5 lakh under DICGC, making it a safe option for FDs. (Keywords: axis bank fixed deposit, axis fd interest rates)
Which type of FD is best in Axis Bank?
The Tax Saver FD (with a 5-year lock-in) and Senior Citizen FD (offering higher rates) are popular choices. You can also opt for a Flexi Fixed Deposit that combines liquidity with decent returns. (Keywords: axis bank fd, axis tax saver fd, axis bank fixed deposit rates, axis nre fd rates)
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