Bank FD Comparison Tool
RBL Bank vs Axis Bank Fixed Deposit Comparison 2026
Compare Fixed Deposit interest rates, maturity amounts, and features between RBL Bank (Private Sector) and Axis Bank (Private Sector).
RBL Bank
Private Sector
VS
Axis
Private Sector
RBL Bank: Min ₹1,000
Axis: Min ₹5,000
DICGC Insured up to ₹5 Lakhs
Compare Your FD Returns
Adjust the parameters below to see how returns compare between the two banks
₹
Five Lakhs rupees
₹5,000₹20,00,000
years
1 year10 years
Interest Rate Comparison
Interest Rates by Tenure
General rates across different tenures
Current selection: 3 years (1095 days) -RBL Bank: % |Axis: %
Side-by-Side Rate Comparison
Direct comparison of general rates
RBL Bank
Axis
Highlighted = Your selected tenure
Feature Comparison
Features | RBL Bank Private Sector | Axis Private Sector |
|---|---|---|
Minimum FD Amount | ₹1,000 | ₹5,000 |
Current Interest Rate(Selected Tenure) | % | % |
Premature Withdrawal Penalty | 1% | 1% |
Official Rate Source | View Official Rates | View Official Rates |
RBL Bank
Private Sector Bank
Key Advantages:
Private sector bank
Competitive interest rates
Digital banking services
Online FD booking facility
Auto-renewal facility available
Senior citizens get competitive rates
Multiple deposit schemes: Regular FD, Tax Saver FD, Senior Citizen FD
Wide branch network across India
Axis Bank
Private Sector Bank
Key Advantages:
Innovative banking solutions
Quick processing
Competitive rates
Digital excellence
Customer-focused approach
Important: Fixed Deposit Safety & Insurance Coverage
₹5 Lakh Insurance Limit
The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakhs per depositor per bank. This means if you deposit more than ₹5 lakhs in a single bank, only ₹5 lakhs is guaranteed by the government.
⚠️ Recommendation:
Never deposit more than ₹5 lakhs in a single bank. If you have larger amounts, distribute them across multiple banks to ensure full insurance coverage.
Smart Distribution Strategy
For ₹10 lakhs: Split between RBL Bank (₹5L) + Axis (₹5L)
For ₹15 lakhs: Add a third bank to the mix
💡 Pro Tip:
You can also open FDs in different family members' names in the same bank to get additional ₹5 lakh coverage for each account holder.
Key Insights & Recommendations
Choose RBL Bank If:
- •Minimum amount: ₹1,000
- •Private Sector banking preference
- •Private sector bank
- •Competitive interest rates
- •Digital banking services
Choose Axis If:
- •Minimum amount: ₹5,000
- •Private Sector banking preference
- •Innovative banking solutions
- •Quick processing
- •Competitive rates
Best Strategy:
- •Split large amounts across both banks
- •Keep ≤₹5L per bank for insurance
- •Compare rates before investing
- •Consider branch convenience
- •Review rates periodically
Explore more FD comparisons
Looking for a different bank matchup? Use these quick links to jump to other FD comparisons.
Compare RBL Bank with other banks
Compare Axis with other banks
Ready to Invest in Fixed Deposits?
Use our individual bank calculators for detailed planning