{"id":16753,"date":"2022-09-27T14:26:47","date_gmt":"2022-09-27T08:56:47","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=16753"},"modified":"2023-06-07T12:16:54","modified_gmt":"2023-06-07T06:46:54","slug":"axis-bank-fixed-deposit-interest-rates-2022","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/","title":{"rendered":"Axis Bank Fixed Deposit Interest Rates 2023"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_40 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" area-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69d12d668d32a\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69d12d668d32a\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#Axis_Bank_FD_Rates_June_2023\" title=\"Axis Bank FD Rates June 2023\">Axis Bank FD Rates June 2023<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#Features_and_Benefits_of_Axis_Bank_FD\" title=\"Features and Benefits of Axis Bank FD\">Features and Benefits of Axis Bank FD<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#Types_of_Axis_Bank_FD_Schemes\" title=\"Types of Axis Bank FD Schemes\">Types of Axis Bank FD Schemes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#Term_wise_Axis_Bank_Fixed_Deposit_Rates\" title=\"Term wise Axis Bank Fixed Deposit Rates\">Term wise Axis Bank Fixed Deposit Rates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#How_to_invest_in_Axis_Bank_FD\" title=\"How to invest in Axis Bank FD?\">How to invest in Axis Bank FD?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#Eligibility_to_Open_Axis_Bank_FD\" title=\"Eligibility to Open Axis Bank FD\">Eligibility to Open Axis Bank FD<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#Documents_Required_to_Open_Axis_Bank_FD\" title=\"Documents Required to Open Axis Bank FD\">Documents Required to Open Axis Bank FD<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#Tax_on_Axis_Bank_Fixed_Deposit\" title=\"Tax on Axis Bank Fixed Deposit\">Tax on Axis Bank Fixed Deposit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#Why_Kuvera_is_the_best_place_to_Open_Axis_Bank_FD_Account\" title=\"Why Kuvera is the best place to Open Axis Bank FD Account?\">Why Kuvera is the best place to Open Axis Bank FD Account?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#Steps_to_open_FD_Account_in_Kuvera\" title=\"Steps to open FD Account in Kuvera\">Steps to open FD Account in Kuvera<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#FAQs\" title=\"FAQs\">FAQs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#What_is_the_minimum_amount_required_to_open_a_Fixed_Deposit_account_with_Axis_Bank\" title=\"What is the minimum amount required to open a Fixed Deposit account with Axis Bank?\">What is the minimum amount required to open a Fixed Deposit account with Axis Bank?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#Does_Axis_Bank_permit_joint_accounts_for_fixed_Deposits\" title=\"Does Axis Bank permit joint accounts for fixed Deposits?\">Does Axis Bank permit joint accounts for fixed Deposits?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#Does_Axis_Bank_impose_fees_for_early_withdrawal_of_fixed_deposits\" title=\"Does Axis Bank impose fees for early withdrawal of fixed deposits?\">Does Axis Bank impose fees for early withdrawal of fixed deposits?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#Is_a_savings_account_a_prerequisite_for_opening_a_fixed_deposit_account_with_Axis_Bank\" title=\"Is a savings account a prerequisite for opening a fixed deposit account with Axis Bank?\">Is a savings account a prerequisite for opening a fixed deposit account with Axis Bank?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#Is_the_interest_on_Axis_Bank_Fixed_Deposit_taxable\" title=\"Is the interest on Axis Bank Fixed Deposit taxable?\">Is the interest on Axis Bank Fixed Deposit taxable?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#Does_Axis_Bank_provide_Tax_Saver_Fixed_Deposits\" title=\"Does Axis Bank provide Tax Saver Fixed Deposits?\">Does Axis Bank provide Tax Saver Fixed Deposits?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#Interested_in_how_we_think_about_the_markets\" title=\"Interested in how we think about the markets?\">Interested in how we think about the markets?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Axis Bank is India&#8217;s third largest private sector bank. The bank provides the full range of financial services to customers in the Large and Mid-Corporate MSMEs in agriculture and retail. The bank is divided into four business segments: treasury retail banking, corporate\/ wholesale banking, and other banking operations. Treasury activities include investments in governmental and corporate debt, equities and mutual funds trading, derivative trading, and foreign currency operations on behalf of and for clients, as well as central funding. Retail banking comprises loans to people and small enterprises that is subject to the product orientation and granularity requirement. It also covers card services and liability products. <\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Internet banking, automated teller machines (ATMs), depository financial consulting services, and non-resident Indian (NRI) services are all available. Corporate partnerships not covered in retail banking are included in the corporate\/wholesale banking section, as are placements and syndication management of public issues project assessments capital market related services and cash management services. <\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/kuvera.in\/fixed-deposit\/all\"><img loading=\"lazy\" class=\"aligncenter wp-image-22082\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/03\/FD-Banner-01-03-300x76.jpg\" alt=\"\" width=\"640\" height=\"161\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/03\/FD-Banner-01-03-300x76.jpg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/03\/FD-Banner-01-03-150x38.jpg 150w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/03\/FD-Banner-01-03.jpg 600w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Axis_Bank_FD_Rates_June_2023\"><\/span>Axis Bank FD Rates June 2023<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&nbsp;<\/p>\n<table style=\"width: 100%;\" border=\"1.5\">\n<tbody>\n<tr>\n<td><b>Tenure 0f Axis Bank FD<\/b><\/td>\n<td><b>Regular Citizens<\/b><\/td>\n<td><b>Senior Citizens<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">7 days to 14 days<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">3.50%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">3.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">15 days to 29 days<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">3.50%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">3.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">30 days to 45 days<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">3.50%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">3.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">46 days to 60 days<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">4.00%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">4.00%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">61 days to less than 3 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">4.50%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">4.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">3 months to less than 4 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">4.75%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">4.75%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">4 months to less than 5 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">4.75%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">4.75%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">5 months to less than 6 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">4.75%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">4.75%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">6 months to less than 7 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">5.75%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.00%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">7 months to less than 8 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">5.75%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.00%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">8 months to less than 9 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">5.75%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.00%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">9 months to less than 10 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.00%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.25%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">10 months to less than 11 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.00%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.25%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">11 months to less than 11 months 25 days<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.00%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.25%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">11 months 25 days to less than 1 year<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.00%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.25%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">1 year to less than 1 year 5 days<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.75%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">1 year 5 days to less than 1 year 11 days<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.80%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.55%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">1 year 11 days to less than 1 year 25 days<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.80%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.55%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">1 year 25 days to less than 13 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.80%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.55%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">13 months to less than 14 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.10%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.80%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">14 months to less than 15 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.10%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.85%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">15 months to less than 16 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.10%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.85%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">16 months to less than 17 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.10%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.85%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">17 months to less than 18 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.10%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.85%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">18 months to less than 2 years<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.10%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.85%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">2 years to less than 30 months<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.05%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.85%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">30 months to less than 3 years<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.00%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.80%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">3 years to less than 5 years<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.00%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.75%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">5 years to 10 years<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.00%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">7.75%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h3 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Features_and_Benefits_of_Axis_Bank_FD\"><\/span>Features and Benefits of Axis Bank FD<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400; text-align: left;\" aria-level=\"1\"><span style=\"font-weight: 400;\">On maturity, there is an automatic rollover that is valid for both the principal and interest.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400; text-align: left;\" aria-level=\"1\"><span style=\"font-weight: 400;\">For deposits under Rs. 2 crores, the axis bank fd rates on NRE and NRO fixed deposits varies from 5.15% to 5.50% per annum.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400; text-align: left;\" aria-level=\"1\"><span style=\"font-weight: 400;\">For online bookings, a Rs. 5,000 minimum deposit is required.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400; text-align: left;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Seven days is the minimum investment term.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400; text-align: left;\" aria-level=\"1\"><span style=\"font-weight: 400;\">For NRIs, there are NRE Fixed Deposits and NRO Fixed Deposits.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400; text-align: left;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If purchased through a bank branch, the required minimum investment is Rs. 10,000.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400; text-align: left;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A simple and quick approach for opening from anywhere.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400; text-align: left;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Easy transfer of cash from your savings account to fixed deposits that provide greater interest rates.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400; text-align: left;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Flexibility in branch selection and determining the duration and maturity date of your FDs.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400; text-align: left;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You can open an FD account at any Axis Bank branch or online using the Kuvera app.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<table style=\"width: 100%;\" border=\"1.5\">\n<tbody>\n<tr>\n<td><b>Fixed Deposit<\/b><\/td>\n<td><b>Tenure<\/b><\/td>\n<td><b>Axis Bank <\/b><b>FD Rates<\/b><\/td>\n<td><b>Min. Deposit<\/b><\/td>\n<td><b>Senior Citizen Benefits<\/b><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/fixed-deposit\/axis-bank\/15\">Axis Bank Ltd.<\/a><\/td>\n<td><span style=\"font-weight: 400;\">1Y 11D<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.75% p.a.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs. 5,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Anyone above the age of 60 is eligible for up to 0.75% p.a. extra. <\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/fixed-deposit\/axis-bank\/19\">Axis Bank Ltd.<\/a><\/td>\n<td><span style=\"font-weight: 400;\">5Y<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.75% p.a.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs. 5,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Anyone above the age of 60 is eligible for up to 0.75% p.a. extra. <\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/fixed-deposit\/axis-bank\/17\">Axis Bank Ltd.<\/a><\/td>\n<td><span style=\"font-weight: 400;\">2Y<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.70% p.a.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs. 5,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Anyone above the age of 60 is eligible for up to 0.75% p.a. extra. <\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/fixed-deposit\/axis-bank\/18\">Axis Bank Ltd.<\/a><\/td>\n<td><span style=\"font-weight: 400;\">3Y<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.70% p.a.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs. 5,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Anyone above the age of 60 is eligible for up to 0.75% p.a. extra. <\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/fixed-deposit\/axis-bank\/16\">Axis Bank Ltd.<\/a><\/td>\n<td><span style=\"font-weight: 400;\">1Y6M<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.60% p.a.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs. 5,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Anyone above the age of 60 is eligible for up to 0.75% p.a. extra. <\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/fixed-deposit\/axis-bank\/26\">Axis Bank Ltd.<\/a><\/td>\n<td><span style=\"font-weight: 400;\">9M<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.75% p.a.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs. 5,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Anyone above the age of 60 is eligible for up to 0.75% p.a. extra. <\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/fixed-deposit\/axis-bank\/13\">Axis Bank Ltd.<\/a><\/td>\n<td><span style=\"font-weight: 400;\">6M<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.65% p.a.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rs. 5000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Anyone above the age of 60 is eligible for up to 0.75% p.a. extra.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h3 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Types_of_Axis_Bank_FD_Schemes\"><\/span>Types of Axis Bank FD Schemes<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p><b>Regular Fixed Deposit:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Regular Fixed Deposit:<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Maturity spans range from 7 days to 10 years.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Earn secured returns while developing a corpus to match your requirements.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b>Digital Fixed Deposit<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Open FD with complete KYC and no supporting documents<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">7-minute fully digital end-to-end account opening procedure with video KYC and basic information.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Open your Digital FD with a Savings Account at any bank.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b>Tax-Saver Fixed Deposit<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You may save money for the future while also benefiting from tax deductions.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Section 80C provides tax exemption on investments up to Rs 1.5 lakh.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The principal amount is locked in for 5 years.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b>Fixed Deposit Plus<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Earn a better interest rate in axis bank than traditional FDs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The needed minimum investment is Rs 2 crore.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Select between simple and compound interest.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b>Auto Fixed Deposit\u00a0<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Link your Savings Account to an FD and benefit from the flexibility of the Savings Account as well as the greater returns of the FD.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">When the amount in the Savings Account surpasses a certain limit, money is automatically transferred to the FD with\u00a0 Auto Fixed Deposit<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You can withdraw funds from your FD using an ATM or cheques.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Term_wise_Axis_Bank_Fixed_Deposit_Rates\"><\/span>Term wise Axis Bank Fixed Deposit Rates<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li><b>Short-term Deposits<\/b><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">These deposits are considered short-term since their maturity period is less than one year. This Axis Bank fd rates ranges from 3.50% p.a. to 6.00% p.a. for a tenure of 7 to 12 months.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li><b>Medium-term Deposits<\/b><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The tenure of medium-term fixed deposits ranges between 1 and 5 years. The annual percentage return provided by axis bank fd rates on these deposits is between 6.00% and 6.35%.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li><b>Long term Deposits<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The term of these deposits ranges from five to ten years, and the annual interest rate is 6.00%.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"How_to_invest_in_Axis_Bank_FD\"><\/span>How to invest in Axis Bank FD?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li><b>Online Mode<\/b><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">You may apply for a Fixed Deposit using Axis Bank&#8217;s different options, including its website, mobile app, or local branch. Here are 5 simple steps for applying for a fixed deposit online or using a mobile app. You may also visit the Axis Bank branch closest to you and ask one of Axis Bank&#8217;s staff members for assistance.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Internet Banking\u00a0<\/b><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Fixed Deposits can be ordered through any of the following methods by Internet Banking customers:<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Step I<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Choose the &#8220;deposit&#8221; option after logging into Internet Banking. Click here to sign in to Internet Banking.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Step II<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Click on Create Fixed Deposit\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Step III<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Complete the necessary account and nominee information.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Step IV<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The specified amount will be deducted from your Savings Account and your Fixed Deposit will be created instantly upon confirmation. You will receive an immediate online receipt for the Fixed Deposit booked. The deposit amount and interest rate will be determined by the date of request, which is the day the Savings Account is debited.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Step V<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">If you have registered for e-statement, the Fixed Deposit advice will be delivered to your registered email address after creation. If you are not signed up for an electronic statement, physical documentation will be sent to your communication address. Additionally, after one working day after deposit booking, you will be able to get the Fixed Deposit advice through Internet Banking.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li><b>\u00a0Offline Mode<\/b><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Visit the closest Axis Bank branch to create an FD account with the bank in person. Complete the Axis Bank FD application form and attach all necessary supporting documentation. Next, make the necessary deposit to open the fixed deposit. Axis Bank will offer an FD receipt following the application&#8217;s successful processing.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/kuvera.in\/fixed-deposit\/all\"><img loading=\"lazy\" class=\"aligncenter wp-image-22082\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/03\/FD-Banner-01-03-300x76.jpg\" alt=\"\" width=\"640\" height=\"161\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/03\/FD-Banner-01-03-300x76.jpg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/03\/FD-Banner-01-03-150x38.jpg 150w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/03\/FD-Banner-01-03.jpg 600w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Eligibility_to_Open_Axis_Bank_FD\"><\/span>Eligibility to Open Axis Bank FD<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"> Residents, including minors.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> A sole proprietor<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Undivided Hindu Families (HUF).<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> A company, and a joint stock company.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Trust Accounts<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Documents_Required_to_Open_Axis_Bank_FD\"><\/span>Documents Required to Open Axis Bank FD<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p><b>\u00a0For Individuals, Hindu Undivided Families, and Sole Proprietorship firms<\/b><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A valid driver&#8217;s licence or passport<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A six-month-old Axis Bank Savings Account holder&#8217;s introduction or an introduction from any other bank.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A Photograph<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b>For Trusts<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Trust Deed&#8217;s copy<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The registration certificate&#8217;s copy<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of the trustees&#8217; resolution approving the concerned members to open and manage the account<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Photographs of the users that are running the account<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>For\u00a0 Associations \/ Clubs\u00a0<\/strong><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Association&#8217;s Byelaws<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A copy of the board resolution authorising the concerned members to create and manage the account<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Photographs of the users that are running the account<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>For Partnership firms\u00a0<\/strong><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Partnership businesses must submit the following paperwork when applying for a fixed deposit:<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Deed of Partnership<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Letter from the partners giving the individuals permission to start and run the account<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Photographs of the individuals in charge of the account<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Tax_on_Axis_Bank_Fixed_Deposit\"><\/span>Tax on Axis Bank Fixed Deposit<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Section 80C of the Income Tax Act exempts up to Rs. 1.5 lakh of investment in a Tax Saver FD from income tax.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">All FD interest is applied to your income tax and taxed in accordance with your income tax slab.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If a PAN is provided to the bank, a TDS of 10% is applied. TDS is 20% if PAN is not given.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">There is no TDS if the combined interest income from all of your FDs is less than Rs 40,000. The cost for senior citizens is Rs. 50,000.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You can avoid TDS by giving the bank Form 15G if your annual income is less than Rs 2.5 lakh, or if you are not subject to tax.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In a similar manner, elderly people who fall under the taxable threshold might avoid TDS by filing Form 15H to the bank.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Why_Kuvera_is_the_best_place_to_Open_Axis_Bank_FD_Account\"><\/span>Why Kuvera is the best place to Open Axis Bank FD Account?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Aiming to simplify investing, Kuvera.in is an Indian online wealth management platform for mutual funds, digital gold, fixed deposits, cryptocurrency trading, insurance, and US ETF investment.<\/span><\/p>\n<p>Here is how Kuvera makes opening an Axis Bank FD Account simple:<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li><b>User Interface<\/b><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Kuvera is a beginner-friendly platform with a simple and easy-to-use User Interface.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li><b>Goal-Based Investment<\/b><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Investors can define their goals for purchasing real estate, saving for retirement, or funding a child&#8217;s education on the Kuvera platform. You can determine how long it will take, say, 5 or 10 years, to reach your target. The future value is displayed on the Kuvera platform using inflation. <\/span><span style=\"font-weight: 400;\">By making ideas, Kuvera will assist you in selecting the strategy to accomplish your objectives. On Kuvera, you can also define goals for your ongoing investments. Per target they set, investors will also receive 50 coins. On the Kuvera platform, you can group many goals together.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li><b>Family Account\u00a0<\/b><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Investors can open a family account in which the entire family can invest. They can establish their own goals and use the same login ID and password.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It is a valuable and distinct feature for a family to invest jointly on a single platform. Everyone can invest individually in a single account.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li><b>Customer Service<\/b><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">When investing in or withdrawing in Axis Bank Fixed Deposit, investors may encounter various difficulties. If you are experiencing any problems with the <a href=\"https:\/\/kuvera.in\/\">Kuvera platform<\/a>, you can contact by email and their team would reach out to you with the required specific details.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Steps_to_open_FD_Account_in_Kuvera\"><\/span>Steps to open FD Account in Kuvera<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><strong>Step 1:<\/strong>\u00a0 Download the <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.gooogle.android.kuvera.app\">Kuvera app<\/a> or register on the website.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\"><strong>Step 2:<\/strong> Complete the KYC by providing PAN, Aadhaar, and in-person video verification. The Prevention of Money Laundering Act of 2002 and the rules made under it, as well as the SEBI Master Circular on Anti Money Laundering (AML) Standards\/Combating the Financing of Terrorism (CFT)\/Obligations of Securities Market Intermediaries, require that KYC compliance be completed.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><strong>Step 3:<\/strong> From &#8220;Home,&#8221; select the &#8220;<a href=\"https:\/\/kuvera.in\/explore-invest\">Invest<\/a>&#8221; option.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><strong>Step 4:<\/strong> To view the categories, click &#8220;<a href=\"https:\/\/kuvera.in\/fixed-deposit\/all\">Fixed Deposits<\/a>&#8221; and then &#8220;Bank Option.<strong>&#8220;<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\"><strong>Step 5:<\/strong> You will be taken to a list of all <a href=\"https:\/\/kuvera.in\/fixed-deposit\/bankFD\">Axis Bank fixed deposit<\/a> options. You can view the tenure, interest rate, and minimum deposit requirements for each FD by clicking on it. Verify the fixed deposit&#8217;s lock-in duration to be certain.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><strong>Step 6:<\/strong> Choose the fixed deposit you wish to purchase and touch &#8220;Start FD.&#8221;<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><strong>Step 7:<\/strong> You must provide the IFSC code, account number, and account type for your main bank account.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h4 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"What_is_the_minimum_amount_required_to_open_a_Fixed_Deposit_account_with_Axis_Bank\"><\/span>What is the minimum amount required to open a Fixed Deposit account with Axis Bank?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The minimum amount necessary to start an FD account in a bank branch is Rs.10,000, but Rs.5,000 if opened online.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Does_Axis_Bank_permit_joint_accounts_for_fixed_Deposits\"><\/span>Does Axis Bank permit joint accounts for fixed Deposits?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Yes, the bank allows the opening of a joint FD account. Joint FD accounts can be created by up to three individuals.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Does_Axis_Bank_impose_fees_for_early_withdrawal_of_fixed_deposits\"><\/span>Does Axis Bank impose fees for early withdrawal of fixed deposits?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The bank assesses a minimal 1% penalty for early withdrawal on its standard fixed deposits. NRE fixed deposits are, however, excluded from the penalty fee.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Is_a_savings_account_a_prerequisite_for_opening_a_fixed_deposit_account_with_Axis_Bank\"><\/span>Is a savings account a prerequisite for opening a fixed deposit account with Axis Bank?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">No. A savings bank account is not required to create a fixed deposit account with Axis bank. Prior to the maturity date of the FD, the bank will request approval for its rollover or transfer the money to a customer-specified account at another bank.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Is_the_interest_on_Axis_Bank_Fixed_Deposit_taxable\"><\/span>Is the interest on Axis Bank Fixed Deposit taxable?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Income Tax Act of 1961 states that the interest received on Axis Bank FDs is taxable. <\/span><span style=\"font-weight: 400;\">The bank deducts TDS at a rate of 10% if a PAN is given and 20% if not.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Does_Axis_Bank_provide_Tax_Saver_Fixed_Deposits\"><\/span>Does Axis Bank provide Tax Saver Fixed Deposits?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Yes, Axis Bank offers tax-advantaged Fixed Deposits to HUFs and Indian citizens. The bank offers &#8220;Single Holder Type Deposits&#8221; and &#8220;Joint Holder Type Deposits&#8221; under their tax saving FDs. In the case of standard fixed deposit plans, tax is deducted at the source in accordance with the Income Tax Act of the Government of India.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h4 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Interested_in_how_we_think_about_the_markets\"><\/span>Interested in how we think about the markets?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Read more: <a href=\"https:\/\/kuvera.in\/blog\/category\/zen-and-the-art-of-investing\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Zen And The Art Of Investing<\/strong><\/a><\/p>\n<p>Check out all our &#8220;Investor Education Originals&#8221; videos on Youtube and get smart about investing.<\/p>\n<p>&nbsp;<\/p>\n<style>.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }<\/style>\n<div class=\"embed-container\"><iframe src=\"https:\/\/www.youtube.com\/embed\/UsPIJ1zE4lk\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/div>\n<p>&nbsp;<\/p>\n<p>Start investing through a platform that brings goal planning and investing to your fingertips. Visit <a href=\"http:\/\/app.kuvera.in\">kuvera<\/a>.in to discover <a href=\"https:\/\/kuvera.in\/blog\/direct-plans-better\/\">Direct Plans<\/a> and <a href=\"https:\/\/app.kuvera.in\/explore\/fixed-deposit\/c\/all\">Fixed Deposits<\/a> and <a href=\"https:\/\/kuvera.in\/user\/login\">start investing today<\/a>.<\/p>\n<p>#MutualFundSahiHai #KuveraSabseSahiHai #PersonalFinance #InvestorEducation;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Axis Bank is India&#8217;s third largest private sector bank. The bank provides the full range of financial services to customers in the Large and Mid-Corporate MSMEs in agriculture and retail. The bank is divided into four business segments: treasury retail banking, corporate\/ wholesale banking, and other banking operations. Treasury activities include investments in governmental and [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":16780,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[543,99],"tags":[2329,2331,2328,553,544,2330],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Axis Bank FD Rates | Fixed Deposit Interest Rates 2023 - Kuvera<\/title>\n<meta name=\"description\" content=\"Latest Axis Bank FD Rates 2023 at Kuvera. Calculate fixed deposit interest rates and maturity amount online at Kuvera FD Calculator.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Axis Bank FD Rates | Fixed Deposit Interest Rates 2023 - Kuvera\" \/>\n<meta property=\"og:description\" content=\"Latest Axis Bank FD Rates 2023 at Kuvera. Calculate fixed deposit interest rates and maturity amount online at Kuvera FD Calculator.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"Kuvera\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/kuvera.in\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-27T08:56:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-07T06:46:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/09\/Axis-Bank-FD-Interest-Rate.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2240\" \/>\n\t<meta property=\"og:image:height\" content=\"1260\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Kuvera\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Kuvera_In\" \/>\n<meta name=\"twitter:site\" content=\"@Kuvera_In\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kuvera\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"12 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Axis Bank FD Rates | Fixed Deposit Interest Rates 2023 - Kuvera","description":"Latest Axis Bank FD Rates 2023 at Kuvera. Calculate fixed deposit interest rates and maturity amount online at Kuvera FD Calculator.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/","og_locale":"en_US","og_type":"article","og_title":"Axis Bank FD Rates | Fixed Deposit Interest Rates 2023 - Kuvera","og_description":"Latest Axis Bank FD Rates 2023 at Kuvera. Calculate fixed deposit interest rates and maturity amount online at Kuvera FD Calculator.","og_url":"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/","og_site_name":"Kuvera","article_publisher":"https:\/\/www.facebook.com\/kuvera.in","article_published_time":"2022-09-27T08:56:47+00:00","article_modified_time":"2023-06-07T06:46:54+00:00","og_image":[{"width":2240,"height":1260,"url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/09\/Axis-Bank-FD-Interest-Rate.png","type":"image\/png"}],"author":"Kuvera","twitter_card":"summary_large_image","twitter_creator":"@Kuvera_In","twitter_site":"@Kuvera_In","twitter_misc":{"Written by":"Kuvera","Est. reading time":"12 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#article","isPartOf":{"@id":"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/"},"author":{"name":"Kuvera","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/6b774e7d3516942b9e0242c93d7cb307"},"headline":"Axis Bank Fixed Deposit Interest Rates 2023","datePublished":"2022-09-27T08:56:47+00:00","dateModified":"2023-06-07T06:46:54+00:00","mainEntityOfPage":{"@id":"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/"},"wordCount":2331,"commentCount":0,"publisher":{"@id":"https:\/\/kuvera.in\/blog\/#organization"},"keywords":["Acis bank FD interest rates","Axis bank FD interest 2023","axis bank FD rates","bank fd interest rates","fd interest rates","FD interest rates 2023"],"articleSection":["Fixed Deposit","Investing 101"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/","url":"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/","name":"Axis Bank FD Rates | Fixed Deposit Interest Rates 2023 - Kuvera","isPartOf":{"@id":"https:\/\/kuvera.in\/blog\/#website"},"datePublished":"2022-09-27T08:56:47+00:00","dateModified":"2023-06-07T06:46:54+00:00","description":"Latest Axis Bank FD Rates 2023 at Kuvera. Calculate fixed deposit interest rates and maturity amount online at Kuvera FD Calculator.","breadcrumb":{"@id":"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/kuvera.in\/blog\/axis-bank-fixed-deposit-interest-rates-2022\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/kuvera.in\/blog\/"},{"@type":"ListItem","position":2,"name":"Axis Bank Fixed Deposit Interest Rates 2023"}]},{"@type":"WebSite","@id":"https:\/\/kuvera.in\/blog\/#website","url":"https:\/\/kuvera.in\/blog\/","name":"Kuvera","description":"Wealth Management, Simplified","publisher":{"@id":"https:\/\/kuvera.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/kuvera.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/kuvera.in\/blog\/#organization","name":"Kuvera","url":"https:\/\/kuvera.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/cropped-cropped-kuvera-logo-dark-3.png","contentUrl":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/cropped-cropped-kuvera-logo-dark-3.png","width":83,"height":13,"caption":"Kuvera"},"image":{"@id":"https:\/\/kuvera.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/kuvera.in","https:\/\/twitter.com\/Kuvera_In","https:\/\/www.instagram.com\/kuvera.in","https:\/\/www.linkedin.com\/company-beta\/10456535\/"]},{"@type":"Person","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/6b774e7d3516942b9e0242c93d7cb307","name":"Kuvera","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/07\/social-media-logo-02-alt-v3-150x150.jpg","contentUrl":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/07\/social-media-logo-02-alt-v3-150x150.jpg","caption":"Kuvera"},"description":"Kuvera is India's first free Direct Mutual Fund investing platform. We bring you goal-based investing and innovative features like Tax Harvesting, TradeSmart, Family Account and more!","sameAs":["http:\/\/kuvera.in"],"url":"https:\/\/kuvera.in\/blog\/author\/kuvera-research\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/16753"}],"collection":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/comments?post=16753"}],"version-history":[{"count":12,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/16753\/revisions"}],"predecessor-version":[{"id":24332,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/16753\/revisions\/24332"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/media\/16780"}],"wp:attachment":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/media?parent=16753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/categories?post=16753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/tags?post=16753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}