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IMPORTANT NEWS: Axis Bank revises FD rates, Check latest rates

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%.

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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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