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FIXED/RECURRING DEPOSIT Existing Customers Resident Individuals/HUF/Overseas IndiansTE001 Type of Account:Recurring DepositFixed DepositTax Saver FDFD Plus*NRE DepositNRO DepositFCNR DepositRFC Deposit*Cannot.

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Documents required from individuals, Hindu Undivided Families, and sole proprietorship firms, when applying for a Fixed Deposit: A valid Passport or a valid Driving License. An introduction by any other bank or an introduction by an Axis Bank Savings Account holder for the last six months. A photograph.

A Fixed Deposit is kept for a longer period and hence it earns a higher rate of interest. A Recurring Deposit takes a defined sum and invests it every defined period. This means each instalment earns interest for a lesser period than the previous instalment.

A Fixed Deposit is an account opened with a bank wherein, the bank pays a guaranteed interest rate on the sums deposited in a Fixed Deposit account, for a stipulated period or tenure. Creating a Fixed Deposit allows you to higher earn returns on funds lying idle in your Savings Account.

Axis Bank's Fixed Deposit Plus gives you a higher rate of return compared to regular FDs and the option is available to all NRI and domestic customers. The interest rate is available on a simple or compounding basis for a minimum amount of Rs. 2,00,00,000.

8.01%* Interest rate on Fixed Deposits 7.26%* Interest rate on Fixed Deposits for all other.

Axis Bank's Fixed Deposit Plus gives you a higher rate of return compared to regular FDs and the option is available to all NRI and domestic customers. The interest rate is available on a simple or compounding basis for a minimum amount of Rs.

Fixed Deposit Plus, is a one-time investment plan that gives you competitive returns at the end of the term. The rate of interest paid for fixed deposits varies based on tenure and amount, and higher interest rates are offered to senior citizens.

a) Bank FDs are risk-free and guarantee fixed returns. You need some source of stability in a volatile investment scenario. b) Banks today offer higher fixed deposit interest rates compared to other risk-free investment instruments like Treasury Bills or Government Bonds.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232