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AXIS BANK PRIME NHT DAY-2

Generate an image depicting a person analyzing financial documents with AXIS Bank logos and a visual representation of Fixed Deposits, incorporating graphs and safe investment symbols.

Test Your Knowledge on AXIS Bank Fixed Deposits

Are you ready to challenge your knowledge about Fixed Deposits at AXIS Bank? This quiz will test your understanding of key concepts related to Fixed Deposits, including amounts, terms, and benefits.

Join us to learn and see how well you know:

Minimum amounts for regular and tax saver FDs
Lock-in periods and advantages of FDs
Rules regarding premature withdrawals

10 Questions2 MinutesCreated by LearningInvestor401

Name:

What is minimum amount for regular FD ? (Digital)

500 ₹

5000₹

10000₹

100₹

What is minimum amount for Tax Saver FD ?

500 ₹

5000₹

10000₹

100₹

What is minimum amount for regular FD ? (Branch)

500 ₹

5000₹

10000₹

100₹

What is Lock-in period for the principal amount in Tax Saver FD ?

48 months

5 Years

24 months

2 Years

What is minimum amount in Fixed Deposit Plus ?

5 Cr.

4 Cr.

3 Cr.

2Cr.

Advantages of Fixed Deposit ?

Offers a safe and secure investment option for risk averse investors

Offers a market base investment option.

What is the minimum investment period for an FD?

The minimum investment period for an FD is as low as 7 days.

The minimum investment period for an FD is as low as 10 days.

The minimum investment period for an FD is as low as 14 days.

The minimum investment period for an FD is as low as 21 days.

Do we allow Premature Withdrawal in regular FD ?

Premature withdrawal allowed (for amount less than 1Crore) with 1% lower Rate of interest (than promised)

Premature withdrawal allowed (for amount less than 2Crore) with 1% lower Rate of interest (than promised)

Premature withdrawal allowed (for amount less than 1Crore) with 2% lower Rate of interest (than promised)

How many FDs can customer open in Tax Saver FD ?

No Limit

100

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