This is the last month of the financial year 2020-21. All taxpayers are required to pay their tax before March 31. All taxpayers are currently paying special attention to investing. If you talk about tax savings investments, fixed deposit still remains the first choice of all. In view of this, Axis Bank changed its fixed deposit rates on March 18.
If hospitalized due to vaccination, the insurance company pays
If we talk about new interest rates, Axis Bank is paying 2.50 per cent interest on maturing FD for 7 days to 29 days. For the same 30 days to less than 3 months, this interest rate is 3%.
Axis Bank’s new interest rate
7 to 29 days -2.50%
30 days to 45 days -3%
46 days to 60 days – 3%
61 days <3 months -3%
3 months or more but less than 6 months- 3.5%
6 months or more but 11 months less than 25 days – 4.40%
11 months more than 25 days but less than 1 year – 5.15%
1 year or more but less than 1 year 5 days – 5.15%
1 year 5 days or more but less than 18 months – 5.10%
Less than 2 years in 18 months – 5.25%
2 years and above 5 years – 5.40%
Less than 10 years in 5 years – 5.75%
Interest rate on Fixed Deposit for Senior Citizens
Axis Bank is giving high interest to senior citizens. Senior citizens are getting interest from 2.50% to 6%. Senior citizens can take the project from 7 days to 10 years.
