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private vs public sector

Axis vs Indian Bank FD

Side-by-side comparison of Axis Bank and Indian Bank FD 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 Indian BankFD side-by-side

rates as on 2025-09
1,00,000
3.00
6.70
6.50
Axisprivate
Effective rate
6.7% p.a.
Invested
₹1,00,000
Interest
₹22,059
Maturity
₹1,22,059
Indian Bankpublic
Effective rate
6.5% p.a.
Invested
₹1,00,000
Interest
₹21,341
Maturity
₹1,21,341
// verdict
Axis wins by ₹718 over the chosen tenor — a difference of 0.59% in maturity value.

Axis FD Interest Rates

last published — 2025-09
TenorGeneral (% p.a.)Senior (% p.a.)
7 – 29 days3.003.50
30 – 90 days4.254.75
91 – 180 days5.756.25
181 – 364 days6.607.10
1 year – 15 months6.707.20
15 months – 2 years7.257.75
2 – 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.

Indian Bank FD Interest Rates

last published — 2025-09
TenorGeneral (% p.a.)Senior (% p.a.)
7 – 45 days3.003.50
46 – 179 days4.755.25
180 – 364 days5.756.25
1 year – 2 years6.507.00
300 days (IND Super)7.057.55
2 – 3 years6.507.00
3 – 5 years6.256.75
5 – 10 years6.106.60
Rates shown are the last-published indicative rates from Indian 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.

// axis vs indian 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
  • · FD rate band: 3.00% – 7.25%
  • · Senior bonus: 50 bps
  • · Min deposit: ₹5,000
Indian Bank

Public sector bank with strong south-India presence and IND Super series special-tenor FDs.

  • · Established 1907, HQ Chennai
  • · FD rate band: 3.00% – 7.05%
  • · Senior bonus: 50 bps
  • · Min deposit: ₹1,000

Both Axis Bank and Indian Bank 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 FDcalculator 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 FD rates span 3.00%–7.25% p.a. while Indian Bank spans 3.00%–7.05% (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.