Axis Bank’s competitive 3-year bond | Product News - Moneyfacts

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Axis Bank’s competitive 3-year bond

Axis Bank’s competitive 3-year bond

Category: Savings
Date: 01/08/2014

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Axis Bank has reviewed its savings range and amended rates across selected fixed products, but the three-year version retains its position in the Moneyfacts charts.

The basics…

Fixed Deposit Account (3 Year) pays a competitive 2.45% yearly from a minimum investment of £10,000. Tiered rates of interest are applied depending on the balance, rising to 2.55% for balances of £50,000 and above.

The finer details…

The account can be opened and operated by post or in branch. Like many fixed bonds there's no flexibility for early access or further additions, so savers need to be comfortable with both the investment and term chosen.

Why we like it…

Sitting squarely in the top 10 for its term, Axis Bank's account offers a highly competitive deal for savers with the necessary deposit.

Four Moneyfacts Stars have been awarded.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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