How to Open Axis Bank Fixed Deposit Account

Updated on: Aug 29th, 2023

Axis Bank is the third largest private sector by assets and for a good reason. This bank has succeeded through effective banking services that serve their customers satisfactorily. Axis Bank offers the FD scheme at attractive interest rates like every other private bank. If you already hold a Savings or Current Account with Axis, let’s look at how to open a Fixed Deposit account with Axis Bank.

How to Open an FD Account in Axis Bank

You can open an FD account in Axis Bank using one of three methods:


Using Axis Bank Mobile Application (App):

  1. Login to the Axis Bank Application
  2. Go to the deposit option and select ‘Open FD’, 
  3. Then fill in the required account and nominee details.
  4. On confirmation, the selected amount will be debited from the Savings Account, and the Fixed Deposit will be created instantly. We will get a web receipt of the Fixed Deposit booked instantly.

Using Axis Bank Internet banking website:

  1. Login to the Axis Bank Internet Banking website
  2. Go to the “Deposits” tab. 
  3. Click on Create Fixed Deposit. 
  4. By this, you will get an online form in which you will be required to select the FD tenure and insert the deposit amount. After filling out the form, one can submit the details and create an FD.


Opening an FD account Offline:

  1. Go to your nearest Axis Bank branch. 
  2. Request for an FD account opening
  3. Fill out the appropriate paperwork 
  4. Ensure that all the details are properly stated
  5. Make your first deposit.

Axis Bank FD Eligibility Criteria

  1. Resident Indians
  2. Senior citizens
  3. Members of HUF
  4. NRIs are eligible to open their fixed deposit accounts with Axis Bank.
  5. One can start a fixed deposit with a minimum of Rs. 5,000. (if it's booked from internet banking or a mobile app, the minimum amount is Rs. 10,000/-). There isn't any maximum limit for the fixed deposit amount.

Documents required for Axis Bank FD account

Banks require the below-listed documents for completing the Mandatory Know Your Customer (KYC) procedure before opening an account for its customers.

For Identity Proof and Signature Proof

  1. PAN Card
  2. Driving License
  3. Passport
  4. Voter’s ID
  5. Aadhar Card

For Address proof

  1. PAN Card
  2. Driving License
  3. Passport
  4. Voter’s ID
  5. Aadhar Card
  6. Utility Bill
  7. Bank account Passbook (Updated and should not be more than 3 months old)


What is the minimum amount required to open an FD with Axis Bank?

The minimum amount varies but usually starts from ₹10,000. However, this might change, and it's best to consult the bank directly.

What is the tenure range for Axis Bank FDs?

Axis Bank offers FD tenures ranging from 7 days to 10 years.

Are there special interest rates for senior citizens?

Senior citizens typically get an additional interest rate compared to regular deposit rates.

Earn once in a decade
returns on FD

Lock in returns as high as
8.35% before they go down

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