Axis Financial institution has modified the rates of interest on FDs of lower than Rs. 2 Crore (Efficient 26/01/2022)


Funding

oi-vipul das

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India’s third largest personal sector financial institution Axis Financial institution has adjusted its rates of interest on mounted deposits of lower than Rs. Based on the official web site of two crore financial institution, the brand new charges are efficient from 26/01/2022. Most of the people and senior people will now get the next rates of interest on home deposits of lower than Rs. 2 crore

Axis Bank has changed the interest rates on FDs of less than Rs.  2 crore, wef 26/1/2022

Axis Financial institution Mounted Deposit Curiosity Charges for Non-Seniors

Most of the people will now get 2.50 % rate of interest on home deposits maturing in 7 to 29 days. Most of the people will now get 3.00 % rate of interest on deposits maturing in lower than 30 days to three months. Time period deposits maturing in 3 months to lower than 6 months and 6 months to lower than 1 yr will now entice curiosity on the price of three.50 per cent and 4.40 per cent, respectively, to common prospects. Deposits maturing in One 12 months, One 12 months 5 Days and One 12 months 5 Days, One 12 months 11 Days will now get returns of 5.10 per cent and 5.15 per cent respectively.

Deposits maturing in 1 yr 11 days to 1 yr 25 days will fetch an rate of interest of 5.25 %. Mounted deposits maturing in lower than one yr, 25 days to lower than 15 months and 15 months to lower than 18 months will now entice 5.15 per cent and 5.20 per cent curiosity, respectively. On deposits maturing in 18 months or lower than 2 years, lower than 2 years to five years and 5 years to 10 years, most people will now get rates of interest of 5.25 %, 5.40 % and 5.75 %.

Period Curiosity Charges (% p.a.)
7 days to 14 days 2.5
15 days to 29 days 2.5
30 days to 45 days 3
46 days to 60 days 3
61 days 3
3 months 3.5
4 months 3.5
5 months 3.5
6 months 4.4
7 months 4.4
8 months 4.4
9 months 4.4
Ten Months 4.4
11 months 4.4
11 months 25 days 4.4
1 yr 5.1
1 yr 5 days 5.15
1 yr 11 days 5.25
1 yr 25 days 5.15
13 months 5.15
14 months 5.15
15 months 5.2
16 months 5.2
17 months 5.2
18 months 5.25
2 years 5.4
30 months 5.4
3 years 5.4
5 years to 10 years 5.75
Supply: Financial institution’s web site. Efficient 26.01.2022

Axis Financial institution Mounted Deposit Curiosity Charges for Senior Residents

On deposits lower than Rs. 2 crores maturing in 6 months to 10 years, the next rates of interest to senior residents shall be efficient from January 26, 2022.

Period Curiosity Charges (% p.a.)
7 days to 14 days 2.5
15 days to 29 days 2.5
30 days to 45 days 3
46 days to 60 days 3
61 days 3
3 months 3.5
4 months 3.5
5 months 3.5
6 months 4.65
7 months 4.65
8 months 4.65
9 months 4.65
Ten Months 4.65
11 months 4.65
11 months 25 days 4.65
1 yr 5.75
1 yr 5 days 5.8
1 yr 11 days 5.9
1 yr 25 days 5.8
13 months 5.8
14 months 5.8
15 months 5.85
16 months 5.85
17 months 5.85
18 months 5.9
2 years 6.05
30 months 6.05
3 years 6.05
5 years to 10 years 6.5
Supply: Financial institution’s web site. Efficient 26.01.2022

Story First printed: Thursday, January 27, 2022, 13:36 [IST]



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