Axis Bank is one of several banks offering RD accounts. Compared to smaller banks or post offices, it provides a solid blend of competitive interest, reliable reputation, and the convenience of branches and digital services. Interest rates may slightly vary across banks (some small finance banks offer up to 8%), but Axis gives a stable mid-range option with excellent online/mobile experience, trust factor, and manageable penalties. Particularly for senior citizens, the extra 0.50–0.65 % is a valuable boost.
