Axis Bank Tax saving Scheme

The Axis Bank Tax saving tenure ranges from min 5 Year 1 Months 7 Days to max 10 Year 2 Days . The ROI ranges from 5.25% to 5.75 % for the general public. The lock-in period for this scheme is 5 Year

Axis Bank Tax saving Scheme for amount ranging from ₹ 100 to ₹ 1.5 L

The rate of interest for deposited amount ranging from ₹ 100 to ₹ 1.5 L is as below

Tenure

Interest Rate for General Public (p.a.)

Interest Rates for Senior Citizens (p.a.)

5 Year 1 Months 7 Days Upto 10 Year 2 Days

5.25% p.a.

6.25% p.a.

Upto 5 Year 1 Months 7 Days

5.75% p.a.

6.25% p.a.

Key features of Axis Bank Tax saving Scheme

Summary of Axis Bank Tax saving Scheme features :

Mutual Fund Schemes

Tax saving

CRISIL Rating

AAA(stable)CRISIL Rating

Lock-in Days

5 Year

Loan Against FD

NA

Pre-mature Withdrawal

--

FD Nominee

Yes

Tenure

5 Year 1 Months 7 Days to 10 Year 2 Days

General Public

5.25% to 5.75 %

Senior Citizen

6.25% to 6.25 %

Amount

Rs.100 to Rs.1,50000

*Interest rates are subject to change at the discretion of the bank. These Interest rates are with effect from 10 November 2021.

Urban Money