Axis Bank has changed how much they pay you if you put money in a Fixed Deposit (FD). You can keep your money in the FD for anywhere between 7 days to 10 years.
For regular customers, they will give you between 3% to 7.20% interest.If you are a senior citizen, you’ll get between 3.50% to 7.85% interest. These new rates started on April 4, 2024.
For regular customers, the interest rates range from 3% to 7.20%. Senior citizens receive higher rates, ranging from 3.50% to 7.85%.
effective from April 4, 2024. You can now invest in an FD for periods ranging from 7 days to 10 years.For regular customers, the interest rates range from 3% to 7.20%.
Here’s a list of the interest rates if you put less than Rs 2 crore in the FD
1) If you keep it for 7 to 14 days, you get 3% if you’re a regular customer and 3.50% if you’re a senior citizen.
2) If you keep it for 15 to 29 days, you get 3% for regular customers and 3.50% for senior citizens.
3) And so on, with different rates for different time periods, up to 10 years.
They also say the price of gold and silver is very high right now, with gold being more than Rs 72000 in some places.”
Additionally, the prices of gold and silver are very high at the moment, with gold exceeding Rs 72,000 in some areas.
Furthermore, Axis Bank highlights the soaring prices of gold and silver, with gold surpassing Rs 72,000 in certain regions.
For regular customers, the interest rates range from 3% to 7.20%, while senior citizens can earn between 3.50% to 7.85% interest on their FD investments, provided the amount is less than Rs 2 crore.
