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.
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