FD Interest Rates 2025

Open ASAP Digital FD

FD interest rates determine the return on your fixed deposit investment. They are the smart way to supercharge your savings and maximise their potential. These rates not only impact the returns on your FD investment(s) but also influence your overall financial growth, enabling you to reach your financial milestones faster. By staying informed about our latest FD interest rates, you can unlock doors to new growth opportunities, realise your financial goals and build a brighter financial future.


Domestic Fixed Deposits

With effect from 21 February 2025**

Domestic Fixed Deposits Plus ^

With effect from 21 February 2025**

NRI Fixed Deposits

With effect from 21 February 2025*

NRI Fixed Deposits Plus ^

With effect from 21 February 2025**


FCNR/RFC Deposits

With effect from 17 February 2025**

Domestic Floating Rate Deposits

With effect from 10 October 2024**


Key Fixed Deposits Interest Rates:

Domestic Fixed Deposits

Maturity Period 		General Senior Citizens
Less than 3 Crs3 Crs to less than 5 Crs Less than 3 Crs3 Crs to less than 5 Crs
1 year 11 days - 1 year 24 days 6.70% 7.45% 7.20% 7.95%
2 years < 30 months 7.10% 7.00% 7.60% 7.50%

NRE Fixed Deposits
Maturity Period Less than 3 Crs 3 Crs to less than 5 Crs
1 year 11 days - 1 year 24 days 6.70% 7.45%
2 years < 30 months 7.10% 7.00%

How to calculate FD interest rate?

mb-step1
success-icon
STEP 1

Open our FD Calculator page.

mb-step2
success-icon
STEP 2

Select your customer category (normal or senior citizen) and FD type.

mb-step3
success-icon
STEP 3

Enter the principal amount and the duration for which you want to invest.

mb-step4
success-icon
STEP 4

Once you enter these details, our FD Calculator will instantly display the results, including the interest rate on Fixed Deposit, maturity value and aggregate interest amount.
Read More

Why invest in FD?

  • Secure investments: Fixed Deposits are ideal for risk-averse investors, offering safe and secure investment options with steady and pre-determined returns. They are also an optimal option for investors to balance out their risk against market-linked instruments.
  • Higher returns: Fixed Deposits generally provide higher returns than Savings Accounts, helping you reach your financial goals over various time horizons.
  • Flexibility: With tenures ranging from 7 days to 10 years, Fixed Deposits offer flexibility in terms of investment tenure. You can also choose your payout frequency, whether it is a single payout at maturity or regular monthly or quarterly payouts.
  • Variety: Axis Bank offers various Fixed Deposit options like Regular FD, Digital FD, Tax-Saver FD, Fixed Deposit Plus, and Auto FD to suit different financial goals. Additionally, senior citizens can benefit from special higher interest rates on Fixed Deposits.

Taxation on Fixed Deposit rates

The interest earned from Fixed Deposits is taxable. The tax laws on Fixed deposits are as follows:

TDS is charged on FD interest if the interest amount exceeds ₹40,000 in a financial year (₹50,000 in the case of senior citizens).

Frequently Asked Questions

How much interest for ₹1 lakh FD?

The interest for a ₹1 lakh FD depends on two key factors, i.e., the Term Deposit rate and tenure. To get an exact estimate of the interest you will earn on a ₹1 lakh FD, use our FD Calculator.

Interest on Fixed Deposit are taxable subject to interest amount exceeds ₹40,000 in a financial year (₹50,000 in the case of senior citizens).

To get monthly interest on a Fixed Deposit, choose the 'monthly payout' option when opening the FD. This is a useful feature if you are looking to earn a secondary source of income.

Interest from Fixed Deposits is taxable if it exceeds ₹40,000 (₹50,000 for senior citizens) per annum, under Section 194A of the Income Tax Act. It is taxed as 'Income from Other Sources'.

Typically, longer tenures offer higher interest rates for Time Deposits; the highest rates for general and senior citizens are often for the deposits parked beyond 12 months.

Yes, you can generate monthly income or interest from an FD Account by choosing the “Monthly Payout” option when opening the FD.

Axis Bank offers competitive interest rates on Fixed Deposits, for both general and senior citizens.

Note: Please clear browser history/cookies before accessing the interest rate chart on website in order to view the latest effective interest rates

^ Premature withdrawal not permitted

* For terms & conditions and any other details, please contact your nearest Axis Bank Branch.

** Rates are subject to change without any prior notice.

*The Bank at its discretion, may disallow premature withdrawal of large deposits for amount Rs.5 crores and above, held by entities other than Individuals and Hindu Undivided Family (HUF).