Individuals can open an Axis Bank FD account by filling up the Axis Bank FD form online and offline. The minimum deposit amount is Rs 5000, if booked via internet banking/mobile app and Rs 10,000 if booked via branch. The FD form can also be used to open Recurring Deposit (for existing customers only).
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Table of Contents
- Axis Bank FD Form for Existing Customers
- Axis Bank FD Form for New Customers
- How to Download Axis Bank FD Form
Know More About Axis Bank Fixed Deposit
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Axis Bank Fixed Deposit Form
The Axis Bank FD Form is available both online and offline.
For Existing Customers
The existing customers of Axis Bank have to submit FD account opening form and fill in the below mentioned details. Existing customers of Axis Bank who are Resident Indians, HUF (Hindu Undivided Family) and Overseas Indians can apply for Axis Bank FD.
Type of account:
- Under this customers would have to select the type of account they want to open. Customers would have to tick one of these: Fixed deposit/ Recurring Deposit/ Tax saver FD/ FD Plus (cannot be closed before maturity date)/ NRE Deposit/ FCNR Deposit/ RFC Deposit
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Customer Onboarding Section:
- Under the primary applicant section, customers have to fill their Name, Customer ID and PAN. If PAN is not available, customers can fill Form 60 or 61 separately. Customers should also note that PAN/Form 60/61 is not required for NRE/FCNR Deposits.
- Under the joint applicant section, customers have to fill their Name and Customer ID.
FD Account Opening Section:
- Customers have to select the form of Fixed Deposit they would need: Receipt/ Physical advice/E-advice
- Next, the customers would have to select the mode of operation they would want to have: Self/ Jointly by all/ Former/Survivor/ minor account operated by guardian/ Others
Type of Deposit Account:
Under this, the customers would have to fill in the following details:
- Deposit/Installment amount
- Period of FD in months and days
- Interest payout: Cumulative/ Monthly/Quarterly/ Half-yearly/Simple
- Auto renewal: Yes/No
- Auto closure: Yes/No
- Number of times customers want to auto renew their FD
- If customers want their TDS to be deducted, write ‘Y’
- If TDS is to be deducted from Savings Bank/Cash Access Account/Current account, mention the account number
- Mark tick, if TDS is to be deducted from FD account
- Write N, if TDS is not to be deducted and mention TDS exempt reference number and TDS exempt submission date
- Form 15H/G: Yes/No
Interest Payments/Maturity Proceeds:
Under this, customers have to mention where they would want their interest payments and maturity proceeds of the FD to get credited.
- If Axis Bank Savings Account, mention account number
- If customers want the credits in the form of Demand Draft, tick on ‘Issue DD’
- Next, customers would have to sign the form
Remittance Details (applicable only for the Overseas Indians):
This section should only be filled by the existing overseas Indian customers. Under this, the customers have to mention the mode of payment and currency type.
- Payment by: Demand Draft/ Cheque/ Traveler’s Cheque/ Foreign Currency/ Debit to Account (mention account number)
- Amount in Rupees
- Currency type: Indian Rupee/ Foreign Currency (specify foreign currency)
- Details of remittance
Initial Payment Details:
Under this, customers have to fill in the payment details of the Fixed Deposit Account they are opening.
- Deposit amount in numerals and words
- Mode of payment: Cash/Debit from existing account (mention account number)
- If customers are opening FD account with cheque, they have to mention cheque number, date, bank name, branch and signature
Nomination:
Under this, customers have to mention the nomination details. Customers should note that only one nominee is permitted. Customers would also have to sign the nomination form even in the case of no nomination. The customers would be required to fill in the below mentioned details:
- Name of the depositor
- Address of the depositor
- Nominee’s name
- Nominee’s address
- Relationship of the nominee with the depositor
- Age of the nominee
- Date of birth of the nominee, if he/she is a minor
- After this, the customer (depositor) and witness would have to sign the FD form along with mentioning their name, address, and date and place of signature.
- Next, customers would be required to sign a form of declaration for Form 60, Close relative, signature mismatch and mino.
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For New Customers of Axis Bank
Customers who do not have any existing account with the Axis Bank can also open a fixed deposit account with the bank. They can do so by submitting an FD account opening form and fill in the below mentioned details. It is important to note that only Resident Individuals and Hindu Undivided Family are eligible for opening FD accounts with Axis Bank.
Type of Account:
Under this, customers would have to select the type of account they want to open with Axis Bank
- Fixed Deposit/ Tax Saver FD/ FD Plus
Customer Onboarding Section:
Under this section, customers would have to enter the following details:
- Name
- Specify whether they are Individual or HUF
- Date of Birth
- Gender
- Specify whether they are minor or married
- PAN/Form 60/61 details
- Aadhaar number
- Father’s name
- Mother’s name
- Mother’s maiden name
- Passport expiry date
- Driving license expiry date
Address Details:
In this section, customers have to mention their address and contact details.
- Communication/Residential address
- Landmark
- City
- Pincode
- State
- Country
- Resident type: Owned/ Rented or Leased/ Ancestral or Parental/ Company provided
- Mobile number
- Email address
- Telephone number (residence)
- Telephone number (office)
- Permanent address (tick if it is same as the residence address. If not, then mention)
Customer Information and Profile:
In this section, customers have to mention their occupation and income details.
- Nationality
- Occupation: Salaried/ Self-employed/ Unemployed/ Retired/ Housewife/ Student/ Politician
- If the customer is salaried, they have to tick in front of the type of company they work for: Pvt Ltd/ Public Ltd/ Proprietorship/ Partnership firm/ Public sector/ Government/ Multinational/ Others (specify others)
- Next, customers have to mention their annual income in numerals
- If the occupation of customers is self-employed, they have to mention the nature of business: IT/ Professional service provider/ Agriculture/ Bullion or Gold jewelry/ Stock broker/ Real estate/ Trader/ Money lender.
- Next, self-employed customers have to state the number of years of running their business
- After that, customers have to specify their source of funds: Salaried/ Business income/ Agriculture/ Investment income/ Others (specify others)
Know Your Customer:
Under this section, customers have to mention whether they are opening their FD account through e-KYC or not. And then, mention the transaction ID.
If customers are not opening an FD account through e-KYC, then they have to attach the photocopies of the KYC details with the form and produce the original documents for verification at the bank.
Type of Deposit Account:
In this section, customers have to mention the type of fixed deposit account they want to open with the bank. The customers have to fill in the following details:
- Deposit amount in digits
- Period/tenure of deposit in months and days
- Amount of deposit in words
- How customers would want to have their interest payout: Cumulative/ Monthly/ Quarterly
- Next, customers have to mention ‘Yes’ or ‘No’ stating if they want auto renewal and auto closure of their FD
- After that, customers have to mention where they would want their interest payments and maturity proceeds: Issue DD
- Customers would also have to mention the form of FD they would need: Receipt/ Physical advice/e-Advice
FD Account Opening Section:
Under this, customers have to select the mode of operation of their FD. customers would have to tick any one of the following options:
- Self
- Jointly by all
- Either/Survivor
- Former/Survivor
- Anyone/Survivor
- Minor account operated by guardian
- Others (specify)
Initial Payment Details:
In this, customers have to mention the mode of payment of their FD Account.
- Tick on Cash if making a cash payment.
- Tick on Transfer from other Bank A/c (NEFT/RTGS/etc), if paying from another bank
- Tick on Cheque if making cheque payment
- When customers are opening FD account with cheque, they have to mention cheque number, date, bank name, branch and signature
Nomination:
Under this, customers have to mention the nomination details. Customers should note that only one nominee is permitted. Customers would also have to sign the nomination form even in the case of no nomination. The customers would be required to fill in the below mentioned details:
- Name of the depositor
- Address of the depositor
- Nominee’s name
- Nominee’s address
- Relationship of the nominee with the depositor
- Age of the nominee
- Date of birth of the nominee, if he/she is a minor
After this, the customer (depositor) and witness would have to sign the FD form along with mentioning their name, address, and date and place of signature.
Next, customers would also have to sign an additional declaration for not having a PAN. Overseas customers, minors and HUF persons would also be required to sign a form of declaration.
How to Download Axis Bank FD Form?
Mentioned below are the steps to download Axis Bank FD Form:
- Visit Axis Bank’s official website
- In the footer, click on ‘Download Forms’ under the ‘Other Links’ section
- If you are an existing Axis Bank customer, click on ‘Fixed Deposit Account Opening form (for existing customers)’
Click here to Download Axis Bank FD Form for existing customers
- If you are are an existing customer, click on ‘Fixed Deposit Account Opening form (for non-Axis Bank account holders)’
Click here to Download Axis Bank FD Form for New Customers
Comparison of Top 20 Scheduled Banks based on FD Rates
Banks | Highest FD rate (% p.a.) | 1-year FD rate (% p.a.) | 3-year FD rate (% p.a.) | 5-year FD rate (% p.a.) | Additional interest rate for senior citizens (% p.a.) |
| Unity Small Finance Bank | 9.00 | 7.85 | 8.15 | 8.15 | 0.50 |
| North East Small Finance Bank | 9.00 | 7.00 | 9.00 | 6.25 | 0.50 |
| Suryoday Small Finance Bank | 8.60 | 8.05 | 8.60 | 8.25 | 0.50 |
| Shivalik Small Finance Bank | 8.55 | 6.00 | 7.50 | 6.50 | 0.50 |
| Utkarsh Small Finance Bank | 8.50 | 8.00 | 8.50 | 7.75 | 0.60 |
| Jana Small Finance Bank | 8.25 | 8.25 | 8.25 | 8.20 | 0.50 |
| Ujjivan Small Finance Bank | 8.25 | 8.25 | 7.20 | 7.20 | 0.50 |
| ESAF Small Finance Bank | 8.25 | 6.00 | 6.75 | 6.25 | 0.50 |
| Equitas Small Finance Bank | 8.25 | 8.20 | 8.00 | 7.25 | 0.50 |
| SBM Bank | 8.25 | 7.05 | 7.30 | 7.75 | 0.50 |
| RBL Bank | 8.10 | 7.50 | 7.50 | 7.10 | 0.50 |
| DCB Bank | 8.05 | 7.10 | 7.55 | 7.40 | 0.50 |
| Bandhan Bank | 8.05 | 8.05 | 7.25 | 5.85 | 0.50-0.75 |
| AU Small Finance Bank | 8.00 | 7.25 | 7.50 | 7.25 | 0.50 |
| IDFC First Bank | 7.90 | 6.50 | 6.80 | 6.75 | 0.50 |
| YES Bank | 7.75 | 7.25 | 7.25 | 7.25 | 0.50-0.75 |
| Induslnd Bank | 7.99 | 7.75 | 7.25 | 7.25 | 0.50 |
| Central Bank of India | 7.45 | 7.00 | 6.00 | 5.75 | 0.50 |
| Punjab & Sind | 7.45 | 6.30 | 6.00 | 6.00 | 6.00 |
| HDFC Bank | 7.40 | 6.60 | 7.00 | 7.00 | 0.50 |