Axis Bank Fixed Depost(FD) Rates 2019
Axis Bank has revised interest rates on fixed deposits (FD) with effect from 10th July 2019. Axis Bank FD interest rates range from 3.5% to 7.3% for deposits with a tenure ranging from seven days to 10 years. The interest rates for FD for senior citizens are from 3.5% to 7.95%. ICICI Bank, HDFC Bank, Punjab National Bank (PNB), Canara Bank and Kotak Mahindra Bank had revised interest rates on their fixed term deposits recently.
To open a FD online in Axis Bank, it offers these 4 options to choose from:
Domestic Fixed Deposits
Domestic Fixed Deposits Plus
NRI Fixed Deposits
NRI Fixed Deposits Plus
You can open Axis Bank's Fixed Deposit (FD) account online from the comfort of your home/office and you can easily transfer from your savings account to your Fixed Deposit. Choose from the long and short term investments. With Axis Bank, you can opt for automatic roll-out facility so that you can get your Fixed Deposit interest credited to a designated account or get it paid out to a different account. To start a Axis Bank fixed deposit, you need a minimum investment of Rs.5000 if you book via internet banking or Axis Bank mobile app or Rs.10,000 if booked via branch. For FD with tenure of 6 months and above, interest is calculate on quarterly basis.
Steps to Open a Fixed Deposit (FD) with Axis Bank - Axis Bank FD Rates
You can open an Axis Bank Fixed Deposit via online, mobile, or by visiting the nearest Axis Bank branch. Here are 5 easy steps in which you can apply for Fixed Deposit online or via the Mobile App.
How to Open Axis Bank Fixed Deposit (FD) via Internet Banking
- Visit the official website of Axis Bank - https://www.axisbank.com
- Login to Axis Bank Internet Banking
- Select the deposit option
- Click on Create Fixed Deposit
- Fill in the required account form and nominee details
- After you confirm, the selected amount will be debited from your Savings Account
- Your Axis Bank Fixed Deposit account will be created instantly.
- Get a web receipt of the Fixed Deposit booked online.
Fixed Deposit advice will be mailed to your registered e-mail id or if you are not registered for e-statement, physical advice will be dispatched to your address. You can download the Fixed Deposit advice through Internet Banking after a day's time of FD booking.
How to Open Axis Bank Fixed Deposit (FD) via Mobile Banking
- Login to Axis Bank Mobile Banking
- Select the option to Open FD
- Fill in the required account form and nominee details
- After you confirm, the selected amount will be debited from your Savings Account
- Your Fixed Deposit account will be created instantly.
- Get a web receipt of the Fixed Deposit booked online.
Fixed Deposit advice will be mailed to your registered e-mail id or if you are not registered for e-statement, physical advice will be dispatched to your address. You can download the Fixed Deposit advice through Mobile Banking after a day's time of FD booking.