Introducing fixed deposits – with the Scripbox advantage

Looking for fixed deposits for your short-term goals? Scripbox brings you the best of FDs in collaboration with Axis Bank. Get flexible tenure, assured returns and partial withdrawal facility, without the hassle of opening a savings account.

Introducing fixed deposits – with the Scripbox advantage

Looking for fixed deposits for your short-term goals? Scripbox brings you the best of FDs in collaboration with Axis Bank. Get flexible tenure, assured returns and partial withdrawal facility, without the hassle of opening a savings account.
Here is why you should choose Scripbox
One view of wealth
Manage your FDs in the same place as your mutual funds and stocks.
No savings account needed
Open an FD without the hassle of opening a savings account first. Zero extra paperwork.
Asset allocation
See how your FDs are impacting your overall portfolio, in terms of diversification and liquidity.
Assured returns
No matter what, you get the promised amount on maturity.


FAQ questions
Yes, the interest earned on a fixed deposit is taxable under the Income Tax Act, 1961. The tax deducted at source (TDS) by the bank is currently 10%. But that’s it. We don’t levy any surcharge or cess over and above it.
One of the perks of owning an Axis Bank FD is having the option to withdraw prematurely, in times of need. No penalty will be charged on your first partial withdrawal of up to 25% of the principal amount. However, if you wish to withdraw the full amount from your fixed deposit before maturity, there will be a penalty of 1%.
For senior citizens, the rate of interest presently is up to 0.65% more than the normal rate, depending on the tenure chosen.
Yes, you can. The process is simple. All you have to do is contact Scripbox Support. Our team will assist you in closing your FD and address any other queries you have. As mentioned above, a penalty will be charged on premature liquidation, based on the date of cancellation and status of the deposit.
No. That’s the best part. When opening an Axis Bank FD on Scripbox, you do not need to open a savings bank account with the bank.

Need help with investing?

Call to get help from an expert

Need help with investing?

Call to get help from an expert

or SCHEDULE A CALL