 "Axis Bank customers with balance of Rs 100 mn and above to get 6% interest")
Axis Bank has decided to introduce a new tier of 6% per annum interest for savings bank customers maintaining balance of Rs. 100 million and above.
Customers will continue to get 3.50% per annum for savings deposit balances of less than Rs 5 million and 4% for savings deposit balances between Rs 5 million and less than Rs 100 milion
The above rates will be effective 19 March 2018.