Fixed Deposit Details
Bank Name
Axis Bank
Eligibility
Account should be opended in the name of an Indian resident.
Interest Rate
3 to 7.75%
Tenure
7 Days to 10 Years
Fixed Deposit Type
Digital
Digital Fixed Deposit
Tax Benefits
None
Credit Ratings
Crisil AA+/Crisil AAA
Interest Payment Frequency
At maturity, or regular payout depending upon the choice opted by the customer. Typically for fixed deposits having interest payment at maturity, compound interest is applicable and for fixed deposits having monthly interest payment, simple interest is applicable. Typically fixed deposits having a tenure of one year or less, simple interest is applicable. It is best to consult the bank officials before you book a fixed deposit.
Cummulative/Non-Cummulative
Both
Features
1. Open FD with full KYC without any documentation 2. Fully digital end-to-end account opening process done in 7 minutes using video KYC and basic details 3. Open your Digital FD with any bank’s Savings Account
Minimum Investment Amount
INR 5000
Features & Benefits
Pros
- Competitive Interest Rates
- Loan against the deposit.
- Tenure ranging from 7 days to 10 years.
- No paperwork is required to open a digital deposit.
Cons
None
Pros & Cons
How to Open?
You can open the FD online by visting the website https://www.axisbank.com/
Product Review
About this content
Public source: Original MyRupaya page
Captured 2026-11-06T10:59:07Z. Public page text has been preserved and restyled. Historical financial/product information may be outdated. Embedded widgets and forms are not copied or connected to live services.
