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Axis BankFixed deposit

Axis Bank NRO Rupee Deposit

Axis Bank's NRO rupee deposit offers 7-day-to-10-year tenures for Indian-source NRI funds with taxable interest and conditional outward remittance.

First-party evidencePublished researchReviewed September 10, 2026Active
Open primary bank source ↗Bank dossierCompare alternatives
Current rate evidenceAxis publishes current NRI/deposit rate schedules by effective date; this profile does not infer an NRO tenure curve from the NRE-only key-rate snippets shown on the public rate page.
Currency / amount / tenureTenure ranges from 7 days to 10 years under the current NRO product page.
Premature withdrawal / liquidityCurrent-year interest can be repatriated after tax; NRO balances may be remitted up to the applicable USD 1 million annual framework for bonafide purposes. No interest if broken before 7 days; ordinary premature closure can attract a 1% reduction under current terms.
Deposit-state / funding ruleNRO tax and repatriation rules remain attached to the deposit irrespective of whether a rupee rate band matches another Axis deposit.
Research processPublished by littleden.blog

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

2 first-party sources
Last checkedSeptember 10, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateWithin scheduled review window

Target recheck: October 10, 2026.

Critical decision facts

Rate, tenure, liquidity and booking conditions belong together.

A headline deposit rate is incomplete without the dated schedule, tenure band, customer category and premature-withdrawal rules.

01 · Current rate evidenceAxis publishes current NRI/deposit rate schedules by effective date; this profile does not infer an NRO tenure curve from the NRE-only key-rate snippets shown on the public rate page.
02 · Currency / amount / tenureTenure ranges from 7 days to 10 years under the current NRO product page.
03 · Premature withdrawal / liquidityCurrent-year interest can be repatriated after tax; NRO balances may be remitted up to the applicable USD 1 million annual framework for bonafide purposes. No interest if broken before 7 days; ordinary premature closure can attract a 1% reduction under current terms.
04 · Deposit-state / funding ruleNRO tax and repatriation rules remain attached to the deposit irrespective of whether a rupee rate band matches another Axis deposit.
Exact product-type evidence

Fixed deposit evidence stays in its own structure.

Specialist fields below remain source-scoped. Missing values stay missing; one banking product type is never used to manufacture facts for another.

Rate history

Dated deposit-rate snapshots.

Effective-date evidence is preserved instead of silently replacing an older rate when a bank reprices new deposits.

Observed September 12, 2026
Axis current NRI deposit schedule effective 8 Sep 2026; NRO product retained without inferred tenure anchors where the public key-rate table is NRE-specific.

Axis current NRI fixed-deposit rate resource plus NRO product terms; no reconstructed NRO rate curve.

Browse deposit rate history
Maintained terms

Fees, balances, benefits, limits and eligibility without a single-score shortcut.

These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.

Current rate evidenceAxis publishes current NRI/deposit rate schedules by effective date; this profile does not infer an NRO tenure curve from the NRE-only key-rate snippets shown on the public rate page.
Currency / amount / tenureTenure ranges from 7 days to 10 years under the current NRO product page.
Tax / repatriation / payoutAuto-renewal, partial withdrawal, nomination and loan/overdraft facilities are available under current product terms.
Premature withdrawal / liquidityCurrent-year interest can be repatriated after tax; NRO balances may be remitted up to the applicable USD 1 million annual framework for bonafide purposes. No interest if broken before 7 days; ordinary premature closure can attract a 1% reduction under current terms.
NRI / PIO / OCI eligibilityEligible NRI/PIO/OCI customers under Axis NRO deposit/KYC rules.
Deposit-state / funding ruleNRO tax and repatriation rules remain attached to the deposit irrespective of whether a rupee rate band matches another Axis deposit.
Fit & cautions

Who this record appears designed for—and what can break the fit.

Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.

Potential fit

Axis NRI customers who want to term-deposit Indian-source rupee balances and may value partial withdrawal or NRO repatriation facilities.

Verify before relying
  • The public HTML rate page does not expose enough NRO-specific tenure points for safe normalization, so no inferred rate anchors are stored.
  • Interest is taxable in India.
  • Outward remittance requires the applicable regulatory documentation.
Maintained comparisons

Compare this product only where the pair is deliberately maintained.

Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.

Browse banking comparisons
First-party source ledger

Complete evidence set for this maintained profile.

Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.

01
Primary product / service sourcewww.axis.bank.in
Open source ↗02
Additional first-party evidencewww.axis.bank.in
Open source ↗
Current-use rule

When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.

Research boundary

This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.