Download the Policybazaar app
to manage all your insurance needs.
Axis Bank Senior Citizen FD Rates
Axis FD rates for senior citizens start from 3.50% p.a. to 7.25% p.a. on deposits below 3 crore, effective from 01st July 2026. These rates are typically 0.50% to 0.75% higher than regular FD rates. The deposit tenure ranges from 7 days to 10 years.
Guaranteed Returns
Includes Life Cover
Completely Tax Free+
3 Benefits, 1 Plan
Maximum returns offered by:
7.4%*
(Tax-Free)
Guaranteed Plan
(By Insurance companies)4.6%*
(After Tax)
Fixed Deposit
(Offered by Banks)4.0%*
Savings Account
(Post Office)Get Guaranteed returns upto 7.4%*
Fully Tax-Free, Life Cover Included
-
Home
-
FD Interest Rates
-
Axis Bank FD Rates
- Axis Bank FD Rates for Senior Citizens
Axis FD Interest Rates for Senior Citizens Below ₹3 Crore
The highest Axis senior citizen FD rates for deposits below ₹3 crore are up to 7.25% p.a., effective from 01st July 2026 (last verified in October 2026):
| Maturity Period | Senior Citizen Rate (p.a.) |
|---|---|
| 7 days to 14 days | 3.50% |
| 15 days to 29 days | 3.50% |
| 30 days to 45 days | 3.75% |
| 46 days to 60 days | 4.50% |
| 61 days to 87 days | 5.25% |
| 88 days to 3 months 24 days | 5.50% |
| 3 months 25 days to less than 4 months | 5.50% |
| 4 months to less than 6 months | 5.50% |
| 6 months to less than 9 months | 6.00% |
| 9 months to less than 1 year | 6.25% |
| 1 year to 1 year 10 days | 6.75% |
| 1 year 11 days to less than 13 months | 6.75% |
| 13 months to less than 15 months | 6.75% |
| 15 months to less than 18 months | 6.95% |
| 18 Months to less than 2 years | 6.95% |
| 2 years to less than 3 years | 6.95% |
| 3 years to less than 5 years | 6.95% |
| 5 years to 10 years | 7.20% |
*Axis Bank senior citizens FD rates w.e.f. July 01st, 2026
Axis Bank Senior Citizen FD Rates (₹3 Crores to less than ₹5 Crores)
The highest senior citizens FD rates for above 3 crore are up to 6.80% p.a. on the 5 years to 10 years tenure slab, effective from 12th October 2026 (last verified in October 2026):
| Maturity Period | Senior Citizen Rate (p.a.) |
|---|---|
| 7 days to 14 days | 3.90% |
| 15 days to 29 days | 3.90% |
| 30 days to 45 days | 4.65% |
| 46 days to 60 days | 4.90% |
| 61 days to 87 days | 4.90% |
| 88 days to 3 months 24 days | 5.65% |
| 3 months 25 days < 4 months | 4.25% |
| 4 months to less than 6 months | 5.65% |
| 6 months to less than 9 months | 5.90% |
| 9 months to less than 1 year | 6.15% |
| 1 year to 1 year 10 days | 6.65% |
| 1 year 11 days to less than 13 months | 6.65% |
| 13 months to less than 15 months | 6.65% |
| 15 months to less than 18 months | 6.65% |
| 18 Months to less than 2 years | 6.70% |
| 2 years to less than 3 years | 6.65% |
| 3 years to less than 5 years | 6.75% |
| 5 years to 10 years | 6.80% |
*Axis Bank senior citizens FD rates above 3 crore w.e.f. October 12th, 2026
Key Benefits of Axis Bank Senior Citizen FD
An Axis Bank Senior Citizen FD is designed for individuals aged 60 years and above, offering competitive Axis Bank FD interest rates. Below are the benefits of Axis Bank Senior Citizen FD.
-
Loan Against FD:
Allows you to avail overdrafts or Axis Bank loans against fixed deposit, ensuring funds are accessible without breaking the FD. The interest rate on such loans is usually lower than regular personal loans.
-
Premature Withdrawal:
This feature offers flexibility by allowing you to withdraw your Fixed Deposit before its maturity in case of financial emergencies. It ensures quick access to your funds while continuing to earn interest.
-
Tax Saver Option:
Senior citizens can also invest in Tax-Saver Fixed Deposits (5-year lock-in) for tax benefits under Section 123 (previously Section 80C). This option not only helps in saving taxes but also allows them to earn fixed returns over the lock-in period.
-
Safe Investment:
As a leading private sector bank, Axis Bank offers credibility and safety under the regulation of the Reserve Bank of India. Hence, Axis Bank FDs are a secure choice for investments and retirement planning.
-
Sweep-in/Sweep-out Facility:
Surplus funds from your Axis savings account are automatically moved to a linked FD to earn higher interest. If your balance drops below a set limit, funds are transferred back from the FD, ensuring liquidity.
Key Takeaway
Senior Citizen Fixed Deposit at Axis Bank offers 0.50% to 0.75% higher interest than regular FDs, based on the chosen tenure. Senior citizens can opt for online banking to open an FD at Axis Bank, or they can choose to visit the nearby branch. Depositors can choose tenures from 7 days to 10 years, receive interest payouts at preferred intervals, and apply for loans up to 85% of their FD amount. Axis Bank sweep-in or sweep-out services are also available from the bank.
FAQs
-
What are the current Axis Bank FD rates for senior citizens?
The latest Axis Bank senior citizen FD rates start from 3.50% p.a. to 7.25% p.a., which are comparatively higher than the general public Axis FD interest rates. -
What is the highest FD interest rate offered by Axis Bank for senior citizens?
Axis Bank offers the highest interest rate of 7.25% for senior citizens (as of July 2026) on regular fixed deposits with a tenure of 5 to 10 years. -
What is the Axis Bank Tax Saver FD for senior Citizens?
Axis Bank Tax Saver Fixed Deposit for senior citizens is a secure investment option that combines tax-saving benefits with higher interest rates up to 7.25%, customised to meet the financial needs of individuals aged 60 and above. -
Can senior citizens avoid TDS on FD interest at Axis Bank?
-
Are premature withdrawals allowed in senior citizen FDs at Axis Bank?
Yes, Axis Bank allows premature withdrawals for regular senior citizen FDs with a 1% penalty on the interest earned for early closure. -
Can I get monthly interest payouts from my Axis Bank senior citizen FD?
Yes, Axis Bank allows you to choose from monthly, quarterly, or cumulative payout options for senior citizen FDs, based on your preference. -
Are senior citizens offered extra Axis Bank FD interest rates?
Yes, the additional 0.50% to 0.75% is given to seniors and super seniors while applying for the Axis Bank FD.
FD Calculator
Interest Earned
Maturity AmountFD Rates Articles
Recent Articles
Popular Articles
10 Feb 2026
Fixed deposit (FD) interest rates in India currently range from*All savings are provided by the insurer as per the IRDAI approved
insurance plan. Standard T&C Apply
+ Trad plans with a premium above 5 lakhs would be taxed as per
applicable tax slabs post 31st march 2023
#Discount offered by insurance company
##The Guaranteed Returns are dependent on the policy term and premium term availed along with other variable factors. 7.4% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and a premium term of 10 years with ₹5,00,000 annually installment premium. All plans listed here are from insurance companies’ funds.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar Insurance Brokers Private Limited does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in