Eligibility Criteria to Start an RD Account with Axis Bank

1. The person applying must be an Indian resident or a member of a HUF (Hindu Undivided Family).

2. NRIs can open an RD account using their NRO or NRE accounts.

3. A minor can open an Axis Bank RD account under parental guardianship to look after your funds.

Axis Bank RD Interest Rates 2024

Axis Bank, India’s third largest private sector bank, provides a comprehensive range of banking products and services, including flexible-tenure Recurring Deposits (RDs). The appealing RD interest rates enable various Axis Bank local and non-resident customers to create a passive and reliable source of income.

Axis Bank Recurring Deposit is an excellent approach to begin saving money every month. Axis Bank offers recurring deposit accounts with tenure ranging from 6 months to 120 months (10 years).

Table of Content

  • Axis Bank RD Interest Rates 2024
  • Features of Axis Bank Recurring Deposit
  • How to Open an RD Account in Axis Bank?
  • How to Calculate RD Interest Rates in Axis Bank?
  • Eligibility Criteria to Start an RD Account with Axis Bank
  • Documents Required for Starting an RD Account
  • Axis Bank RD Premature Withdrawal Rules
  • FAQs ​

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Axis Bank RD Interest Rates 2024

Tenure Rates for General Citizens (Below 60 Years) Rates for Senior Citizens (Above 60 Years) 6 months to < 9 months 5.75% 6.00% 9 months to < 1 year 6.00% 6.25% 1 year to 1 year 4 days 6.75% 7.50% 1 year 5 days to < 13 months 6.80% 7.55% 13 months to < 2 years 7.10% 7.85% 2 years to < 30 months 7.05% 7.80% 30 months to 10 years 7.00% 7.75%...

Features of Axis Bank Recurring Deposit

Here are the key benefits of choosing Axis Bank RD interest rates for your recurring deposit....

How to Open an RD Account in Axis Bank?

Individuals can open an Axis Bank Recurring Deposit account....

How to Calculate RD Interest Rates in Axis Bank?

The RD interest rates on Axis bank recurring deposits are compounded quarterly....

Eligibility Criteria to Start an RD Account with Axis Bank

1. The person applying must be an Indian resident or a member of a HUF (Hindu Undivided Family)....

Documents Required for Starting an RD Account

For Opening an RD in AXIS BANK Investors must ensure that they have the following documents with them :...

Axis Bank RD Premature Withdrawal Rules

The rules for premature withdrawal of investments from Axis Bank RD accounts are as follows....

FAQs ​

Q1. What is the minimum and maximum time required to start an Axis Bank RD?...