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AXIS BANK FD Calculator

Calculate your Fixed Deposit Maturity Value at the click of a button

How do you like to receive your FD returns?

Investment Amount

10000

Investment Duration

12

Interest Rate

5.5

Compounding Period

Total Investment

Total Returns

Your total earning will be
₹ 3,00,000

After 1 Month, You will earn
₹ 1,38,232 with ₹ 38,282 as interest

Once for 1 Month, to recieve ₹ 5,000 monthly
you need to invest ₹ 9,23,077

Hey! Please select a valid input

Calculation of FD returns as Regular Income
Principal (Opening) Interest Principal (Closing)
1 ₹ 9,23,077 ₹ 5,000 ₹ 9,23,077
2 ₹ 9,23,077 ₹ 5,000 ₹ 9,23,077
3 ₹ 9,23,077 ₹ 5,000 ₹ 9,23,077
4 ₹ 9,23,077 ₹ 5,000 ₹ 9,23,077
5 ₹ 9,23,077 ₹ 5,000 ₹ 9,23,077
6 ₹ 9,23,077 ₹ 5,000 ₹ 9,23,077
7 ₹ 9,23,077 ₹ 5,000 ₹ 9,23,077
8 ₹ 9,23,077 ₹ 5,000 ₹ 9,23,077
9 ₹ 9,23,077 ₹ 5,000 ₹ 9,23,077
10 ₹ 9,23,077 ₹ 5,000 ₹ 9,23,077

Similar Bonds

Why Bond is better than FIxed Deposit?

Traditionally , investors have been parking their funds in Fixed Deposits . But Bonds provide better returns than Fixed Deposits .They are more liquid and can be bought and sold anytime before maturity . There are variety of options to choose from!

AXIS bank is known to offer a pool of investment products. You can choose the option meeting your investment needs.

If you wish to make investment in AXIS bank fixed deposit scheme, prefer using the dependable AXIS BANK FD Calculator available for the use at no cost.

AXIS FD Calculator Advantages

  • Easy to use and calculate
  • It helps save your time
  • Gives swift and accurate results
  • Free of cost

What are the Benefits of Fixed Deposits (FD)?

A Bank Fixed Deposits (FD) is comparatively secure and hassle-free investment option suitable for all type of investors in India. The interest income is stable, and the return is predictable. The rate of interest helps you earn the return that you get together along with the principal at the maturity. A bank FD is also suitable for the investors who are conservative investors like senior citizens.

How do AXIS Bank calculate the interest on a FD?

The AXIS Bank considers simple interest to calculate the interest on a FD with a less than 6 months tenure. On the other hand, fixed deposits having a tenure of 6 months and above is compounded quarterly. For the calculation of interest, the interest earned during the previous quarter is added to the principal.

The interest paid by the AXIS Bank will be calculated at a discounted rate over the standard rate for monthly interest payout option. The interest is calculated and paid quarterly in the condition when you chose the option of quarterly payout.

Process to Use the AXIS Bank FD Calculator

The process to use the AXIS Bank FD calculator:

  • Go to the AXIS Bank FD calculator page.
  • Choose the deposit amount
  • You can select the tenure, rate of interest
  • Also, choose the fixed deposit type.
  • Now Click on 'Calculate'.

Once you click ‘Calculate’, it will display in front of you the interest that you will earn and the maturity amount.

Limitations of Fixed Deposits (FDs)

Along with the advantages, a bank FD also has certain limitations. Low liquidity and less interest as compared to other investment products in the market. The returns decrease because of tax applicable to it. Also, it is not effective in the growing inflation situation in the market.

Bank Fixed Deposits (FDs) is not suitable for long-term wealth creation. It is also not the right choice for the high-risk appetite investors who are in their 20s or 30s.

The AXIS bank fixed deposit calculator

Below is the AXIS Bank offered interest rates on investments less than Rs. 2 crores:

TENURE INTEREST RATE (%)
7 days - 14 days 2.50%
15 days - 29 days 2.50%
30 days - 45 days 3.00%
46 days - 60 days 3.00%
61 days - less than 3 months 3.00%
3 months - less than 4 months 3.50%
4 months - less than 5 months 3.50%
5 months - less than 6 months 3.50%
6 months - less than 7 months 4.40%
7 months - less than 8 months 4.40%
8 months - less than 9 months 4.40%
9 months - less than 10 months 4.40%
10 months - less than 11 months 4.40%
11 months 25 days - less than 1 year 4.40%
1 year - less than 1 year 5 days 5.10%
1 year 5 days - less than 1 year 11 days 5.15%
1 year 11 days - less than 1 year 25 days 5.30%
1 year 25 days - less than 13 months 5.15%
13 months - less than 14 months 5.15%
14 months - less than 15 months 5.15%
15 months - less than 16 months 5.20%
16 months - less than 17 months 5.20%
17 months - less than 18 months 5.20%
18 Months - less than 2 years 5.25%
2 years - less than 30 months 5.40%
30 months - less than 3 years 5.40%
3 years - less than 5 years 5.40%
5 years to 10 years 5.75%

Note: The interest rate is subject to change. Hence, customers are advised to check the current rate of interest before investing in AXIS bank fixed deposits.

Frequently Asked Questions

AXIS BANK FD Calculator isa free to use calculator for you.

No, the AXIS bank fixed deposit calculator is an easy-to-use tool.

You need to enter the deposit amount, tenure, interest rate, and choose the type of fixed deposit.

Yes, AXIS Bank provides the premature withdrawal facility on its FDs subject to terms and conditions.

The shortest FD account tenure in AXIS Bank is 7 days.

Introduction to Bonds
think beyond fixed deposists

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