Category: Financial

Can I open a Term deposit account through Internet banking? Yes, if you have Internet banking user name and password, and at least one transaction account mapped to the username. What is the minimum tenure for an online deposit? As a general rule the minimum tenure for a term deposit is 15 days and the maximum is 10 years. However Both TDR and SDTR are bound by the following minimum and maximum tenures. Minimum tenure is 15 days for TDR and 180 days for STDR and Maximum tenure is 3650 days for TDR and STDR. What are the interest rates […]

  · The offer is valid from October 8, 2011 to December 30, 2011 (both days inclusive). · A One-time Registration is mandatory in order to become eligible for the offer. · Registrations for the campaign needs to be made only once and can be done through Axis Bank ATMs, Internet Banking or over phone. · The offer would be run on a weekly basis, with a week being defined as starting on a Saturday and ending on the subsequent Friday. The duration of the Campaign Period will be divided into 12 different time intervals called "Weeks": Week 1 Oct […]

  Month Month Principal Month Interest Month Installment Balance Loan Amount Formulas Principal/No.Of Months 1% of Principal Per Month Month Principal + Interest Principal – EMI         10000 1 560 100 660 9340 2 560 93 653 8687 3 560 87 647 8040 4 560 80 640 7399 5 560 74 634 6765 6 560 68 628 6138 7 560 61 621 5516 8 560 55 615 4901 9 560 49 609 4292 10 560 43 603 3689 11 560 37 597 3092 12 560 31 591 2501 13 560 25 585 1916 14 560 19 579 […]