Axis Bank has recently changed its fixed deposit interest rates on March 17, 2022. The most recent revisions are for deposits less than Rs 2 crore. Axis Bank will now pay a 5.25 interest rate on term deposits maturing in 18 months to 24 months.
It will pay 5.40% interest on deposits ranging from 24 – 30 months. A similar interest rate is applicable for FDs ranging from 3-to 5 years. In the case of deposits maturing in 5-10 years, the interest rate will be 5.75%.
Axis Bank has updated its interest rate for domestic as well as NRI FDs. NRI deposits of up to Rs 2 crore for 1-2 years maturity will get a 5.10-5.25% interest rate.
Suryodaya Small Finance Bank recently changed its FD interest rates. From March 10, 2022, the bank will offer a 7% return on FDs account on deposits for 3 years. This bank is offering very attractive interest rates as compared to other banks. Senior citizens will get an interest rate of 7.5% on FDs in this bank which is another great benefit.
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