. For terms & conditions and any other details, please contact your nearest Axis Bank Branch. Rates are subject to change without any prior notice.The Bank at its discretion, may disallow premature withdrawal of large deposits for amount Rs.5 crores and above, held by entities other than Individuals and Hindu Undivided Family (HUF). Axis Bank’s Recurring Deposit interest rate gives you the advantage of earning a higher rate of return on your systematic monthly deposits and gain with the benefit of compounding. Axis Bank provides its customers with the most attractive Recurring Deposit interest rates starting from a minimum tenure of 6 months to a maximum of 10 years.
Axis Bank Fixed Deposit Interest Rate Calculator calculates the interest earned on a fixed deposit with the help of outlined components:
In Axis Bank Fixed Deposit account, a fixed sum of money is deposited for fixed tenure usually for a period from 7 days to 10 years. A higher interest rate is offered on fixed deposits which vary from bank to bank according to the amount deposited and duration of investment. Fixed Deposits (FD). Axis Bank's Fixed Deposit (FD) is a safe and convenient way to see your savings grow. Open a Fixed Deposit online with Axis Bank and save a minimum of Rs. 5,000 for a flexible tenure starting from a minimum of 7 days to a maximum of 10 years. .For terms & conditions and any other details, please contact your nearest Axis Bank Branch.Rates are subject to change without any prior notice. DEPOSITS – SENIOR CITIZENS – LESS THAN 5 CRORES. W.E.F.
(1) Deposit Amount
It is an amount which an FD account holder wants to invest in the fixed deposit. It is also called principal. It is to be remembered that this amount can be deposited only once hence you have to decide the amount to be invested according to your investment objectives.
(2) Interest Rate
It is the rate of interest offered by the bank where you open the FD. It differs for different tenures. Once FD is opened for a specific tenure then the interest rate will remain the same for the whole tenure.
(3) Term of Deposit (FD Tenure)
It is the duration for which the amount is invested in an FD which may vary from 7 days to 10 years. In the calculator, you can select the tenure in days, months or year.
Axis Bank Deposit Rates 2019
(4) Compounding of Interest
Interest can be compounded on monthly, quarterly, half yearly or annual basis. It can be a simple interest as well. You need to enter it based on the offer by the bank.
Axis Bank Recurring Deposit Rates
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