By continuing to use the site, you are accepting bank’s privacy policy. The information collected would be used to improve your web journey & to personalize your website experience.

internet banking
Personal
Corporate
Mutual Fund
CMS and Payment Solution
CARDS
Power Access
AxisRemit Online
Remit Money
eDGE Loyalty Rewards
  • LOG IN

Investments

7.75% Savings (Taxable) Bonds 2018

Make convenient investments with low-risk returns

Pick Investment Plans

Choose between cumulative and non-cumulative bond options

High Interest Rate

Bonds bear an interest rate of 7.75% p.a.

Investment Amount

Minimum - Rs. 1,000
Maximum – No upper limit on investment in bonds

Long Maturity Period

Bonds mature on the expiration of a period of 7 years from the date of issue

Features and Benefits

Invest in an 7.75% Savings Bond, issued by the Reserve Bank of India available at these designated Axis Bank branches
Decide between cumulative and non-cumulative options
  • Bonds will bear interest at 7.75% per annum.
  • For investors opting for the non-cumulative option, interest is payable on a half-yearly basis. Half-yearly interest is payable on 1st February /1st August.
  • In case of the cumulative option, interest is payable at the time of maturity.
  • Minimum investment amount Rs. 1,000 (face value of Rs. 1,000) and in multiples of Rs. 1,000 thereof
  • No limit on maximum investment for bonds
Bonds shall mature on the expiration of a period of seven years from the date of issue
While the interest on bonds is taxable, wealth tax is exempted
Nomination facility available for sole-holders
Bonds are not transferable

YOU MIGHT ALSO BE INTERESTED IN

WHAT'S NEW ?

burgundy inside

Experience Burgundy Wealth Management

The choices you make in your life are unique. So are our financial solutions.

KNOW MORE

axis-bank-atm-charges-waiver Inside PIN

Here's a quick guide to the recent  RBI Directive on Demonetization

Read all Demonetisation related
general instructions here

KNOW MORE

Provogue Inside Page Pin Banner

OPENING A SAVINGS ACCOUNT IS NOW EVEN MORE REWARDING

Now, open a new Savings Account and win a stylish Provogue tie/stole*

APPLY NOW

Expedia Inside Page PIN banner

Create memories, Earn miles and rewards.

Load your World Traveller Card & get Expedia voucher worth INR 2,000

KNOW MORE

Your Browser is Outdated!

Please check your browser version & upgrade to one of the following browsers to continue banking with us.

  • v7 osx & above
  • v30 & above
  • v27 & above
  • v11 & above
  • v17 & above

Upgrade your web browser today

Please check your browser version & upgrade to one of the following browsers to continue banking with us.

  • V7 & above
  • V5 & above
  • Android V5.0 & above