Calculate your Axis Bank fixed deposit maturity amount and total interest, pre-filled with their latest rates by tenure.
Assumes the rate stays constant for the full tenure. Actual maturity value may differ slightly depending on the bank's exact day-count and compounding method - use this as an estimate, not a guarantee.
| Tenure | General % | Senior % |
|---|---|---|
| 1 Year - Below 2 Years | 7.15% | 7.65% |
| 2 Years - Below 3 Years | 7.25% | 7.75% |
| 3 Years - Below 5 Years | 7.35% | 7.85% |
Using compound interest: A = P x (1 + r/n)^(n x t), where P is the principal, r is the annual interest rate, n is the number of times interest compounds per year, and t is the tenure in years. This calculator does that math for you as you type.
Yes, though the difference is usually small. More frequent compounding (monthly vs yearly, for the same rate) slightly increases the maturity amount, since interest starts earning its own interest sooner. Most Indian bank FDs compound quarterly.
Rates compiled from public bank disclosures; for information only, not financial advice.