Fixed Deposits

Interest rates at par

with the best in the market

Fixed Deposits

Benefits

  • Hassle free opening of a fixed deposit from the comfort of your home/office
  • Seamless transfer of funds from your savings account to higher interest earning fixed deposits
  • Flexibility in deciding the amount, tenure, interest payment and maturity of your deposit
  • Open a fixed deposit at any branch of your choice

Prerequisites

  • You would need to have a savings account with Axis Bank
  • You would require an i-connect id and password to open a fixed deposit online. (In case you do not have an I-connect id and would like to apply for the same, please contact your nearest branch)
  • Clear Funds should be available in the account at the time of booking the fixed deposit.

Steps involved for opening a term deposit online:

Step I

Please log into your account through I-connect and select the option Fixed Deposit Request under the Fixed Deposits Menu on the left hand side panel. To login, click here.

Step II

Fill in the details with respect to the account to be debited, amount of Fixed Deposit, tenure, mode of repayment, and the type of Fixed Deposit etc. as per the options provided. Nomination facility for the Fixed Deposit has also been provided for and it is advisable that you name a nominee for the Fixed Deposit that you intend to create.

Step III

On confirming the transaction by clicking on 'Submit', the amount mentioned will be debited from your savings account selected and you would get a web receipt of the Fixed Deposit booked. The value date for opening of the deposit and the rate applicable will be as per the date of request i.e the day on which the savings account is debited.

Step IV

Post FD creation the Fixed Deposit receipt will be dispatched to your communication address and you will be able to view the Fixed deposit in I-connect after 4 working days.

Note: For preferential & Senior citizen fixed deposits, kindly contact your nearest Axis Bank Branch.

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