Axis Bank FD Calculator

Axis Bank a prominent private sector bank in India headquartered in Mumbai, Maharashtra, offers various financial services, including retail and corporate banking. One of their notable offerings is the fixed deposit scheme, which allows individuals to secure savings and responsible financial management. With the Axis Bank FD calculator, customers can quickly determine the potential returns on their investments.


Understanding the Axis Bank FD Calculator

The Axis Bank FD interest calculator is a user-friendly online tool that allows you to estimate the interest and maturity amount for your fixed deposit investment. Enter the investment amount, interest rate, tenure, compounding frequency, and payout period. The calculator will then provide you with the estimated maturity amount and the interest gained, helping you assess if the FD aligns with your investment goals. You can easily adjust the input values to find the most suitable combination for your investment needs.

Axis Bank Fixed Deposit Calculator Formula

The formula for calculating the final amount receivable from an Axis Bank Fixed Deposit  is as follows:

A = P * (1 + r/n)^(n*t)


  • A = Final amount
  • P = Principal amount invested
  • r = Rate of interest per annum
  • n = Frequency of compounding interest per year
  • t = Tenure of investment in years

Axis Bank FD Calculator – How to Use

To use the Axis Bank FD calculator, enter the input values and get instant results, including a graphical representation of the maturity and interest amounts each year. You can view the results in a tabular format with each year’s opening balance, interest earned, and closing balance.The calculator offers two methods:

Investment Amount Approach: If you have a lump sum amount or a specific investment amount in mind, follow these steps:

  • Enter the principal FD investment amount.
  • Specify the investment duration in years or months. For instance, if the duration is 2.5 years, enter 30 months.
  • Input the FD interest rate.
  • Select the compounding period from monthly, quarterly, half-yearly, or yearly options.
  • The calculator will then process these details to provide you with the estimated maturity amount and the interest earned.
Target Amount Approach: For planning around a future expense, follow this back-calculation method:
  • Provide the target maturity amount you want to achieve with the FD.
  • Please input the investment duration in years or months.
  • Input the rate of interest on FD.
  • Select the compounding period, carefully considering the payout tenure of the fixed deposit, as the interest earned depends on it. After filling in these details, the calculator will determine the principal investment amount required today to reach the desired maturity on the specified maturity date.

Benefits of Using Axis Bank FD Calculator

Given below are some of the important benefits of Axis Bank FD Calculator:
  • Maturity Value Prediction: The primary advantage of using Axis Bank fixed deposit calculator is that it allows you to predict the maturity value of your fixed deposit in advance.
  • Informed Investment Decisions: With the help of the FD calculator, you can adjust various factors like tenure, compounding frequency, and payout options.
  • Easy Comparison of Different Banks: The FD interest rates offered by various banks may differ for the same tenure. Using the Axis FD calculator, you can compare the maturity amounts for different banks, allowing you to identify the bank that provides the highest returns.
  • Time-Saving and Convenient: Calculating the maturity value of your FD manually can be time-consuming and cumbersome. However, the Axis Bank FD calculator automates the process, saving time and effort.
  • Efficient Planning and Budgeting: By knowing the maturity value in advance, you can plan your finances better. The calculator helps you budget and manage your expenses, as you know the funds you will have at the end of the FD tenure.
  • Assists in Diversification: The FD Axis bank calculator aids in diversifying your investment portfolio by allowing you to compare returns from different investment options offered by Axis Bank and other financial institutions.
  • Transparency and Clarity: Clarity about the returns is essential when investing in fixed deposits. The Axis fixed deposit calculator provides transparency by displaying the expected maturity amount based on your input data.


In conclusion, Axis Bank’s fixed deposit offerings provide customers with a reliable and secure avenue for savings and financial planning. The bank’s strong presence and stability in the financial market inspire confidence and trust among investors. The Axis Bank FD interest rates calculator is a valuable tool for individuals looking to invest in fixed deposits, offering multiple benefits. This user-friendly calculator allows investors to make well-informed decisions and achieve their financial goals. The combination of Axis Bank’s offerings and the powerful FD calculator makes it an excellent choice for those seeking a comprehensive and rewarding investment experience.

Axis Bank FD Calculator : FAQs

How long can one invest in an Axis Bank fixed deposit account?

The tenure options for an Axis Bank fixed deposit account range from a minimum of 7 days to a maximum of 10 years.

What are the current highest Axis Bank FD interest rates?

Currently, Axis Bank offers the highest FD interest rates of 7.20% for general depositors and 7.95% for senior citizens. These rates are applicable for a tenure of 16 months to less than 17 months.

Can you apply for an Axis Bank FD account using internet banking?

Yes, Axis Bank account holders can apply for an FD (Fixed Deposit) account online through Axis Bank internet banking without visiting a branch. It's a convenient and user-friendly process.

Is there a maximum limit on the number of fixed deposits one can open with Axis Bank?

No, there are no restrictions on the maximum number of FDs you can open with Axis Bank. You can create multiple Fixed Deposits based on your financial needs and preferences.

What is the interest rate offered on the Axis Bank FD scheme for a 5-year tenure?

The Axis Bank FD scheme provides an attractive interest rate of 7% per annum for a 5-year tenure.