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private vs public sector

Axis vs Central Bank RD

Side-by-side comparison of Axis Bank and Central Bank of India RD schemes — rate bands, senior bonuses, compounding and end-to-end maturity on identical inputs. All figures use last-published rates as on 2025-09.

Axis vs Central BankRD side-by-side

rates as on 2025-09
5,000
3.00
6.10
7.00
Axisprivate
Effective rate
6.1% p.a.
Invested
₹1,80,000
Interest
₹17,880
Maturity
₹1,97,880
Central Bankpublic
Effective rate
7% p.a.
Invested
₹1,80,000
Interest
₹20,686
Maturity
₹2,00,686
// verdict
Central Bank wins by ₹2,806 over the chosen tenor — a difference of 1.42% in maturity value.

Axis RD Interest Rates

last published — 2025-09
TenorGeneral (% p.a.)Senior (% p.a.)
6 months5.756.25
9 months – 1 year6.106.60
1 year – 2 years6.707.20
2 – 3 years7.107.85
3 – 5 years7.107.85
5 – 10 years7.007.75
Rates shown are the last-published indicative rates from Axis Bank as on 2025-09. Verify the current schedule on the bank's official website before booking a deposit — actual rates may change without notice.

Central Bank RD Interest Rates

last published — 2025-09
TenorGeneral (% p.a.)Senior (% p.a.)
6 – 12 months6.006.50
1 – 2 years6.857.35
2 – 3 years7.007.50
3 – 5 years6.757.25
5 – 10 years6.507.00
Rates shown are the last-published indicative rates from Central Bank of India as on 2025-09. Verify the current schedule on the bank's official website before booking a deposit — actual rates may change without notice.

// axis vs central bank at a glance

Axis

Private sector bank with flexible monthly RD options and tax-saver FDs covered under Sec 80C.

  • · Established 1993, HQ Mumbai
  • · RD rate band: 5.75% – 7.10%
  • · Senior bonus: 50 bps
  • · Min monthly: ₹500
Central Bank

One of the oldest commercial banks in India with deep rural footprint and PSU deposit guarantees.

  • · Established 1911, HQ Mumbai
  • · RD rate band: 6.00% – 7.00%
  • · Senior bonus: 50 bps
  • · Min monthly: ₹100

Both Axis Bank and Central Bank of India are scheduled commercial banks regulated by the Reserve Bank of India, so the contract terms, KYC requirements and DICGC ₹5 lakh deposit insurance are identical. The real differentiation is in the rate card and the special-tenor product mix.

The RDcalculator above lets you tune principal, tenor, and each bank's applicable rate independently — useful when the two banks lead at different slabs (a common scenario when one runs a special-tenor offer like 444 / 555 / 700 days).

// frequently asked questions

Axis's RD rates span 5.75%–7.10% p.a. while Central Bank spans 6.00%–7.00% (as on 2025-09). The 'better' bank depends on your exact tenor — use the calculator above to compare on the slab you actually plan to book.