Axis Bank revises interest rates on fixed deposits and savings account

Axis Bank, a private sector lender, has revised its interest rates on fixed deposits and savings accounts. 

Axis Bank currently offers an interest rate of 2.50 per cent to 5.75 per cent on deposits of 7 days to 10 years, and an interest rate of 3 per cent to 3.50 per cent on savings bank accounts. 

On fixed deposits of less than ₹2 Cr, the bank revised the interest rate on June 13, 2022 

on savings bank deposits, the bank revised the interest rate on June 1, 2022. 

on savings bank deposits, the bank revised the interest rate on June 1, 2022. 

Axis Bank Savings Account Interest Rate

The bank will now give an interest rate of 3.00 per cent per annum on savings account balances less than Rs. 50 lacs. 

An interest rate of 3.50 per cent per annum on savings bank deposits less than Rs. 800 crores.

These rates are effective as of 1st June 2022. “Effective 1st Jun, 2022, the interest on your Savings Account has b