Fixed deposits are a lucrative and safe option for investment. With a variety of tenor options to choose from, you can use an FD calculator to find the period that best suits your needs. Since your tenor also decides your interest rates, choosing the right tenor becomes more important.
Before you invest in an FD, use the Axis Bank FD calculator to select the best terms and secure better returns. This free tool helps you by giving estimates of your returns, which you can use to understand the terms that give maximum gains.
Read on to know the latest Axis Bank FD interest rates, benefits of the Axis Bank Fixed Deposit calculator and more.
For deposits under ₹5 Crores, here are the latest Axis Bank FD interest rates:
Investment Tenors |
Regular Citizens (p.a.) |
Senior Citizens (p.a.) |
7 days to 10 years |
3.00% - 7.25% |
3.50% - 7.75% |
Disclaimer: The above interest rates are as of October 2023 and are subject to change at the bank’s discretion.
While the primary use of an Axis Bank fixed deposit calculator is to help you calculate the estimated returns, it has many other benefits. Here are some of them:
Offers reliable, quick, and accurate calculations of your returns
Helps you compare the returns across various tenor options and choose accordingly
Aids you in choosing a tenor that offers better interest returns
Facilitates better planning by allowing you to adjust investment terms
Considering these benefits, using the Axis Bank FD calculator before investing is a great way to secure the best returns. By tweaking certain parameters, you can zero in on a suitable plan that best aligns with your goals. You can start investing online through Bajaj Markets in just a few clicks.
With a plethora of FD plans available, you can choose one with attractive interest rates and returns. The end-to-end digital process also ensures you have a quick and hassle-free investment experience.
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The Axis Bank FD rates for a deposit of ₹1 Lakh or any other amount depend on numerous factors. This includes the FD type, invested amount and tenor. That said, as of October 2023, you can get up to 7.75% per annum, depending on your terms.You can use the Axis Bank Fixed Deposit calculator to compare the returns for different tenors and choose accordingly.
With the Axis Bank FD calculator, you can compare multiple interest rates and tenors to choose an option that gives the best returns. The calculator is also available online for free and gives accurate results instantly.
Yes. You will have to pay a penalty of 1.0%, if you withdraw from your FD before the tenor ends.
If you book an FD online, you must make a minimum deposit of ₹5,000. At the bank branch, the minimum required deposit is ₹10,000.