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Axis Bank offers fixed deposits with tenures ranging from 7 days to 10 years. As per the bank’s latest August 2026 rate schedule, Axis Bank FD rates for deposits below ₹3 crore range from 3.00% to 6.50% p.a. for regular citizens and 3.50% to 7.25% p.a. for senior citizens, depending on the tenure.
The highest Axis Bank FD interest rate for regular customers is currently 6.50% p.a., while eligible senior citizens can earn up to 7.25% p.a.
The applicable Axis Bank fixed deposit rates depend on factors such as the deposit amount, tenure and customer category. Axis Bank’s current domestic FD rate card is effective from 13 August 2026.
Here is a simple step-by-step guide to opening an Axis Bank Fixed Deposit:
1. Choose the Type of FD
Select an FD based on your requirements. Axis Bank offers options such as Regular FD, Digital FD, Tax Saver FD, Auto FD and Fixed Deposit Plus.
2. Check the Latest Interest Rates
Review the latest Axis Bank FD rates before choosing your tenure. Interest rates vary depending on the deposit period, amount and whether you qualify for senior citizen rates.
3. Keep Your Documents Ready
If you are not an existing Axis Bank customer, keep the applicable KYC documents such as PAN and Aadhaar ready.
4. Choose How to Open the FD
You can open an eligible FD:
Through Axis Bank Internet Banking
Through the Axis Mobile App
Online through the Digital FD journey
By visiting an Axis Bank branch
5. Select the Deposit Amount and Tenure
Axis Bank Regular FDs offer tenures ranging from 7 days to 10 years.
The minimum deposit is currently:
₹5,000 when booked through Internet Banking or the Mobile App
₹10,000 when booked at a branch
6. Select the Interest Payout Option
Depending on the deposit type, you can choose:
Reinvestment or cumulative option
Monthly interest payout
Quarterly interest payout
7. Add a Nominee
Add a nominee to your deposit as part of the account-opening process.
8. Confirm the FD
Once the FD is successfully booked, you can access its details through the applicable Axis Bank banking channel.
Axis Bank FD Interest Rates – Deposits Below ₹3 Crore
The following Axis Bank FD interest rates apply to domestic deposits below ₹3 crore. Axis Bank’s current rate page is effective from 13 August 2026.
Tenure
Regular Citizens (% p.a.)
Senior Citizens (% p.a.)
7 days to 14 days
3.00%
3.50%
15 days to 29 days
3.00%
3.50%
30 days to 45 days
3.25%
3.75%
46 days to 60 days
4.00%
4.50%
61 days to 87 days
4.75%
5.25%
88 days to 3 months 24 days
5.00%
5.50%
3 months 25 days to less than 4 months
5.00%
5.50%
4 months to less than 6 months
5.00%
5.50%
6 months to less than 9 months
5.50%
6.00%
9 months to less than 1 year
5.75%
6.25%
1 year to 1 year 10 days
6.25%
6.75%
1 year 11 days to less than 13 months
6.25%
6.75%
13 months to less than 15 months
6.25%
6.75%
15 months to less than 18 months
6.45%
6.95%
18 months to less than 2 years
6.50%
7.00%
2 years to less than 3 years
6.50%
7.00%
3 years to less than 5 years
6.50%
7.00%
5 years to 10 years
6.50%
7.25%
Interest rates are subject to change. Check Axis Bank’s official rate page before investing.
Axis Bank FD Plus Rates – ₹3 Crore to Less Than ₹5 Crore
Axis Bank Fixed Deposit Plus is intended for deposits of ₹3 crore and above. Unlike a regular callable FD, premature withdrawal is not permitted for FD Plus.
The following rates for deposits of ₹3 crore to less than ₹5 crore are effective from 13 August 2026.
Tenure
FD Plus Rate (% p.a.)
30 days to 45 days
4.25%
46 days to 60 days
4.50%
61 days to 87 days
5.00%
88 days to 3 months 24 days
5.95%
3 months 25 days to less than 4 months
5.95%
4 months to less than 6 months
5.95%
6 months to less than 9 months
6.15%
9 months to less than 1 year
6.20%
1 year to 1 year 10 days
6.60%
1 year 11 days to less than 13 months
6.60%
13 months to less than 15 months
6.60%
15 months to less than 18 months
6.60%
18 months to less than 2 years
6.60%
2 years to less than 3 years
6.60%
3 years to less than 5 years
6.60%
5 years to 10 years
6.60%
Axis Bank’s current FD Plus rate card is based on deposit-value slabs rather than separate regular and senior citizen columns. Premature withdrawal is not permitted under this scheme.
Axis Bank offers a Tax Saver Fixed Deposit with a fixed tenure of 5 years.
Particulars
Details
Tenure
5 years
Regular Citizen Rate
6.50% p.a.
Senior Citizen Rate
7.25% p.a.
Minimum Deposit
₹100
Maximum Deposit
₹1.5 lakh per financial year
Premature Withdrawal
Not permitted, except in applicable exceptional cases
Tax Benefit
Deduction of up to ₹1.5 lakh under the applicable tax-saving provision
The current retail 5-year FD rates are 6.50% for regular citizens and 7.25% for senior citizens. Axis Bank states that the Tax Saver FD permits investments from ₹100 up to ₹1.5 lakh and carries a five-year lock-in.
Important: Axis Bank’s current 2026 documentation refers to the tax deduction under Section 123 read with Schedule XV of the Income-tax Act, 2025. Older material may continue to refer to this type of tax-saving FD under Section 80C.
Axis Bank FD Rates by Tenure: Short-Term vs Medium-Term vs Long-Term
The right tenure depends on when you need your money and the rate available for that period.
FD Category
Indicative Tenure
Regular Citizen Rates
Senior Citizen Rates
Short-Term FD
7 days to less than 1 year
3.00%–5.75%
3.50%–6.25%
Medium-Term FD
1 year to less than 3 years
6.25%–6.50%
6.75%–7.00%
Long-Term FD
3 years to 10 years
6.50%
7.00%–7.25%
Short-Term FDs
These may suit investors who want to park money for less than a year while maintaining relatively quicker access to their funds.
Medium-Term FDs
Tenures between one and three years currently offer some of the highest Axis Bank FD rates for regular customers.
Long-Term FDs
Longer deposits can suit investors who do not require immediate liquidity. Eligible senior citizens currently receive the highest retail rate of 7.25% p.a. for the 5–10 year tenure.
Types of Axis Bank FD Schemes
Axis Bank offers different deposit options depending on your investment amount, tenure and payout requirements.
Regular Fixed Deposit
The standard Axis Bank FD offers:
Tenures from 7 days to 10 years
Minimum online/mobile investment of ₹5,000
Monthly, quarterly and reinvestment payout choices
Premature withdrawal facility subject to applicable terms
Tax Saver Fixed Deposit
This FD has:
Fixed 5-year lock-in
Minimum investment of ₹100
Maximum investment of ₹1.5 lakh per financial year
Applicable tax deduction benefit
No regular premature withdrawal
Reinvestment Fixed Deposit
Under a reinvestment FD, the interest earned is added back to the deposit instead of being paid periodically. This allows the accumulated interest to compound until maturity.
Axis Bank revised its interest-calculation methodology for reinvestment deposits from 18 August 2025, with compounding aligned to anniversary quarters for applicable deposits.
Monthly Payout Fixed Deposit
This option pays interest periodically on a monthly basis and may suit customers looking for regular cash flow.
Quarterly Payout Fixed Deposit
Interest is paid every quarter rather than accumulated until maturity.
Auto Fixed Deposit
Auto Fixed Deposit combines savings-account liquidity with an FD-linked sweep facility. Excess balance can move into a fixed deposit according to the applicable instructions.
Fixed Deposit Plus
FD Plus is intended for high-value deposits starting from ₹3 crore.
The scheme offers higher-value deposit slabs but does not permit premature withdrawal.
Digital Fixed Deposit
Axis Bank Digital FD can be opened without already having an Axis Bank Savings Account.
Same applicable interest-rate structure as the standard FD
Express Fixed Deposit
Axis Bank has also offered an Express Fixed Deposit as a digital deposit format for customers without an existing Axis Bank savings relationship.
However, Axis Bank’s current deposit-product menu prominently lists Digital Fixed Deposit rather than Express FD as a separate mainstream product. Therefore, customers should check current availability and applicable limits with Axis Bank before relying on older Express FD product specifications.
NRI Fixed Deposits
Eligible NRIs can explore products such as NRE and NRO deposits. NRI FD rates and taxation differ from domestic resident deposits.
Senior Citizen Fixed Deposit Rates
Resident senior citizens receive preferential interest rates on eligible domestic FDs. The additional rate varies by tenure and can currently take the effective rate up to 7.25% p.a.
Eligibility for Axis Bank Fixed Deposit
Axis Bank states that regular fixed deposits can be opened by eligible categories including:
Resident individuals
Hindu Undivided Families (HUFs)
Sole proprietorships
Partnership firms
Limited companies
Trusts
The exact eligibility conditions can vary depending on the FD scheme.
For a Digital FD, the applicant must generally:
Be an Indian resident individual
Be at least 18 years old
Be physically present in India during the application
Have an Aadhaar-linked mobile number
Meet applicable Aadhaar, PAN and Video KYC requirements
Documents Required to Open Axis Bank FD
Existing Axis Bank customers may be able to book an FD using their existing verified banking relationship.
For non-Axis Bank customers, applicable documents can include:
PAN
Aadhaar
Aadhaar-linked mobile number
Applicable identity and address proof
Additional KYC documentation where required
Axis Bank’s standard FD page specifically lists valid PAN and Aadhaar for non-Axis Bank account holders opening eligible deposits.
For Digital FD, Aadhaar and PAN are required as part of the digital onboarding process.
Benefits of Axis Bank Fixed Deposits
Apart from competitive Axis Bank fixed deposit rates, FDs offer several features:
Easy to Start
Eligible customers can start a regular online FD with ₹5,000.
Flexible Tenures
Choose a tenure ranging from 7 days to 10 years.
Multiple Payout Options
You can choose monthly, quarterly or reinvestment options depending on the FD type.
Digital Booking
Eligible customers can book and manage FDs through Axis Bank’s Internet Banking and Mobile Banking channels.
New-to-bank customers can also explore Digital Fixed Deposit through digital KYC.
Loan and Overdraft Facility
Eligible Axis Bank FDs can be used to access a loan or overdraft facility, allowing customers to raise funds without necessarily closing the deposit.
Deposit Insurance
Eligible Axis Bank deposits are covered under the DICGC deposit-insurance framework. DICGC insures eligible deposits, including fixed deposits, up to ₹5 lakh per depositor per bank in the same right and capacity, including principal and interest.
If you need funds for a short-term personal requirement instead of breaking an investment, you can also explore the personal loan options available through Fibe, subject to eligibility and approval.
Download the Fibe App or visit the website to check your eligibility.
FAQs On Axis Bank FD Rates 2026
1.What Is the FD Rate of Axis Bank?
As of August 2026, Axis Bank’s domestic FD rates for deposits below ₹3 crore range from:
3.00% to 6.50% p.a. for regular citizens
3.50% to 7.25% p.a. for senior citizens
The exact rate depends on the tenure.
2.What Is the 7% Interest Rate at Axis Bank?
Eligible senior citizens currently receive 7.00% p.a. on several medium- and long-term FD tenure buckets, including 18 months to less than 5 years.
For 5 years to 10 years, the current senior citizen rate is even higher at 7.25% p.a.
Regular-citizen retail FD rates currently peak at 6.50% p.a.
3.What Is the Maximum FD Amount at Axis Bank?
The maximum amount depends on the FD product and booking channel.
For example, Axis Bank’s Digital Fixed Deposit currently allows investments of up to ₹1.99 crore. Axis Bank separately publishes rate categories for deposits below ₹3 crore, ₹3 crore to less than ₹5 crore and larger-value deposits.
Therefore, there is no single maximum amount that applies across every Axis Bank FD product.
4.Is Axis Bank Safe for Fixed Deposits?
Axis Bank is included within India’s regulated banking system, and eligible bank deposits receive DICGC deposit insurance.
DICGC currently covers eligible deposits, including fixed deposits, up to ₹5 lakh per depositor per bank in the same right and capacity, including principal and interest.
The insurance limit should not be interpreted to mean that deposits above ₹5 lakh are fully insured.
5.What Are the Axis Bank Fixed Deposit Interest Rates for ₹1 Lakh?
For a ₹1 lakh retail domestic FD, the applicable rate depends primarily on the chosen tenure and customer category.
Current rates range from:
3.00%–6.50% p.a. for regular citizens
3.50%–7.25% p.a. for senior citizens
You can use an Axis Bank FD calculator to estimate the maturity amount for your chosen tenure.
6.What Are the Axis Bank FD Rates in 2026?
As per Axis Bank’s rate schedule effective 13 August 2026, domestic retail FD rates below ₹3 crore range from 3.00% to 6.50% for regular customers and 3.50% to 7.25% for senior citizens.
Since Axis FD rates can be revised at any time, check the bank’s official rate page before booking a deposit.
7.Can I Cancel an Axis Bank FD at Any Time?
Most regular Axis Bank FDs permit premature withdrawal, subject to applicable interest-rate adjustments and penalties.
However, this does not apply to every scheme.
For example:
Tax Saver FD: Premature withdrawal is generally not permitted during the five-year lock-in, except in specified exceptional circumstances.
FD Plus: Premature withdrawal is not permitted.
8.Is Axis Bank Good for FD?
Whether an Axis Bank FD is suitable depends on your financial goals, desired tenure, liquidity requirements and expected return.
Factors you may consider include:
Current FD rate
Deposit tenure
Senior citizen benefit, if eligible
Payout frequency
Premature withdrawal rules
DICGC insurance
Tax treatment
Compare the available options rather than choosing an FD only because it offers the highest advertised rate.
9.What Is the Axis Bank FD Interest Rate for a 1-Year Tenure?
For deposits below ₹3 crore, the current rate for 1 year to 1 year 10 days is:
6.25% p.a. for regular citizens
6.75% p.a. for senior citizens
10.How Is TDS Deducted on Axis Bank FD Interest?
Interest earned on an FD is taxable according to the applicable income-tax rules.
Axis Bank states that TDS is assessed based on the aggregate projected FD/RD interest for the financial year. If the applicable threshold is crossed, TDS can be deducted proportionately when interest is applied.
Under the current 2026 framework referenced by Axis Bank, the threshold is ₹50,000 for eligible regular depositors and ₹1 lakh for senior citizens, subject to prevailing tax rules and applicable declarations/exemptions.
11.Can I Take a Loan or Overdraft Against My Axis Bank FD?
Yes. Axis Bank offers loan and 24×7 overdraft facilities against eligible fixed deposits, subject to the applicable product terms and eligibility requirements.
However, not all deposit types qualify. For example, a Tax Saver FD cannot generally be pledged as security during its lock-in period.
