Established in 1994, Axis Bank is the third biggest private sector bank in India. The institution offers a range of financial services to customers, which includes MSMEs, large and mid-corporates, agriculture and retail businesses. As on 31st March, 2019, the bank is reported to have 4,050 domestic branches with 11,801 ATMs and 4,917 cash recyclers across the nation.
Axis Bank is one of the preferred banking institutions for individuals seeking to open NRE FD accounts. This is a form of term deposit where an NRI can make deposits (in foreign currency) from overseas and remit the same in an Indian Rupee denominated account. Axis Bank NRE Fixed Deposit is a suitable investment option for individuals seeking to keep their deposits secure and earn a high interest. This article covers the various aspects of opening an NRE FD account with Axis Bank and the interest offered on the same.
(Note - All the information contained in this page has been sourced from the official website of Axis Bank.)
Click here to know more about Interest Rates on NRE Deposit - Less than Rs. 5 cr
Source: Axis Bank
Note: Interest rates are subject to change as per Bank’s discretion.
Click here to know more about Interest Rates on NRE Deposit - 5 Cr and Above
Source: Axis Bank
Note: Interest rates are subject to change as per Bank’s discretion.
Click here to know more about Interest Rates on NRO Deposit - Less than 5 Cr
Source: Axis Bank
Note: Interest rates are subject to change as per Bank’s discretion.
Click here to know more about FD Plus Interest Rates on NRE Deposit - 5 Cr and Above
Source: Axis Bank Note: Interest rates are subject to change as per Bank’s discretion.
Click here to know more about RFC Deposits
Source: Axis Bank Note: Interest rates are subject to change as per Bank’s discretion.
Click here to know more about Interest Rates on FCNR (B) Deposits
Source: Axis Bank Note: Interest rates are subject to change as per Bank’s discretion.
