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Axis Bank FD Calculator

RBI / DICGC Insured up to ₹5 Lakh

Compute your investment earnings with the Axis Bank FD Calculator. As India's third-largest private sector lender, Axis Bank provides secure term deposit options with flexible tenures from 7 days to 10 years, protected by DICGC deposit insurance.

Principal

₹1,00,000

Interest Earned

₹41,478

Maturity Amount

₹1,41,478

Adjust Parameters

Quarterly Compounding
💡

Bank Rate Notice: Interest rates vary by bank, branch, and tenure. Enter the specific rate offered by your bank to calculate your exact returns.

₹
₹5,000₹1,00,00,000
%
1%15%
Time Period
1 Yr10 Yrs

Maturity Date: 03 Sept 2031

Interest Breakdown

Maturity

₹1,41,478

Principal
Interest

Cumulative Growth Over Time

Timeline SnapshotYear 1
Principal Amount₹1,00,000
Interest Earned+₹7,186
Total Value₹1,07,186

💡 Hover or tap any bar to explore other years

YEARS
Principal Amount
Interest Earned

Year-by-Year Interest Accrual

PeriodPrincipalInterest EarnedMaturity Value
1 Year₹1,00,000₹7,186₹1,07,186
2 Years₹1,00,000₹14,888₹1,14,888
3 Years₹1,00,000₹23,144₹1,23,144
4 Years₹1,00,000₹31,993₹1,31,993
5 Years₹1,00,000₹41,478₹1,41,478

Axis Bank Fixed Deposits Explained

Axis Bank offers retail term deposits from 7 days to 10 years through the Axis Mobile app, internet banking or a branch. It opened in 1993 as UTI Bank — among the first private banks licensed after India's 1991 liberalisation — and was renamed Axis Bank in 2007, by which point it had grown into one of the country's larger private sector lenders by deposit base.

Axis Bank FD Schemes You Can Open

Axis keeps its deposit range compact, with the variant deciding how and when interest reaches you:

  • •Reinvestment (cumulative) deposit — Interest compounds quarterly and is paid with the principal at maturity — the structure the calculator above models.
  • •Non-cumulative deposit — Interest is credited monthly or quarterly to a linked savings account rather than compounding.
  • •Tax-saving deposit (5-year) — Qualifies under Section 80C, locked for the full five years with no premature closure or pledge.
  • •Senior citizen variant — Carries the rate increment Axis extends to resident depositors aged 60 and above.

Axis Bank FD Tenure Slabs and Deposit Rules

Tenure decides how the interest is worked out, not just how long the money is tied up. Below roughly six months there is no completed quarter, so interest is simple; past that it compounds quarterly.

How Axis Bank computes interest by tenure band. Rates are deliberately not shown — they change at every revision, and a stale figure is worse than none. Take the current one from the bank's rate card.
Tenure bandInterest basisWhat to know
7 – 45 daysSimple interestAccepted for short parking, though the rate is close to savings-account territory.
46 – 179 daysSimple interestDay-count based, so the deposit date and closing date both matter.
180 days – 1 yearQuarterly compoundingThe first band where compounding applies to the whole deposit.
1 – 2 yearsQuarterly compoundingThe band where Axis has historically placed limited-window special deposits.
2 – 5 yearsQuarterly compoundingEarly closure re-prices to the span actually served, with the penalty coming off that rate.
5 – 10 yearsQuarterly compoundingIncludes the five-year tax-saving deposit at exactly five years.

How to Check Axis Bank FD Interest Rates

Axis Bank FD rates are quoted per tenure slab and revised as policy and funding needs shift, so a one-year and a three-year deposit opened on the same morning can price differently.

Axis Bank publishes its domestic deposit card on axisbank.com and inside the Axis Mobile app, quoted per tenure bucket and deposit size with a separate senior citizen column.

Take the current Axis Bank fixed deposit rates for your exact tenure from the official card, then enter that number above.

What Is Specific to an Axis Bank FD

  • •Founded as UTI Bank in 1993 and renamed in 2007 — one of the first private banks licensed after the 1991 reforms.
  • •The Axis Mobile app handles opening, maturity instructions and premature closure end to end.
  • •A sweep facility on the linked savings account keeps surplus productive between deposits.
  • •Senior citizens receive the standard increment on eligible tenures.
  • •An overdraft against the deposit is available and is usually cheaper than breaking it.

Take the rate Axis Bank quotes for your chosen tenure and enter it above to see the exact maturity value and the year-by-year interest build-up.

Compare lenders on the master FD calculator, or a monthly commitment on the RD calculator.

Founded

1993

Headquarters

Mumbai

Bank Type

Private Sector Bank

Tenure Range

7 Days to 10 Years

Features and Key Rules

  • •Senior citizens are eligible for an additional 0.50% interest rate benefit on retail tenures.
  • •Minimum deposit required is ₹5,000 when opened via net banking or mobile app.
  • •Premature partial or full withdrawals are supported through digital channels.
  • •Compounding frequency is quarterly on reinvestment deposits.

Frequently Asked Questions

Common questions about the Axis Bank FD Calculator.

Axis Bank levies a penalty of 1% on premature closures. Interest is paid at the rate applicable for the period the deposit remained active, minus the 1% penalty.

If your total taxable income is below the basic exemption limit, you can submit Form 15G (for individuals below 60 years) or Form 15H (for senior citizens) at the start of every financial year via Axis NetBanking or at your nearest branch.

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