Axis Bank offers different savings accounts to meet everyone’s banking needs. With a range of accounts, from regular savings accounts to premium accounts, online savings accounts to offline accounts, the bank ensures that every type of client is covered. Axis Bank’s minimum balance requirements differ from one type of savings account to one type of savings account. Let’s take a look at the different types of Axis Bank savings accounts and the features they offer.
The interest rate on the Axis Bank savings account is 3.50% per year. if the account balance is less than Rs. 50 lakh. For the rest of Rs. 50 lakh at less than 100 crore rupees, the interest rate is 4.00% per year; for the remaining amount of Rs. 100 million rupees and more, the interest rate is 6% per year.
Axis Bank opened its first digital savings account called Axis ASAP, which can be opened anytime and anywhere with your Aadhaar and PAN data. This is a zero account that offers an optional virtual debit card / Visa Online Rewards debit card.
Take advantage of a zero-credit zero-commitment account
Earn up to 7.25% * interest per year in your account balance
Get a free virtual debit card / optional Visa Online Rewards debit card to get tons of online shopping deals
Benefit from higher interest rates with an INR 10,000 fixed automatic deposit service
Receive free bank statements, transfers and bill payments
Daily withdrawal limit – Rs.50000; Purchase limit: Rs.4 lakh with online reward card
Purchase limit: Rs.1 lakh with Virtual Visa card
Get your account number immediately
Buy or redeem your Axis eDGE reward points
Person 18 and ov
Indian resident
To request an Axis ASAP account, you must have a PAN card, an Aadhaar card and a mobile phone number associated with your Aadhaar number.
Fees and charges
View the fees and charges for the Axis ASAP account.
Fees/costs for the Axis ASAP account
NIL seed capital
Average NIL balance required
Service fees for the NIL account
Main card: Virtual Visa debit card (free)
Visa Online Rewards debit card (300 rupees)
Main card: Virtual Visa debit card with an annual fee (free)
Visa Online Rewards debit card (500 rupees)
Account closing Rs 500 **
* General conditions ** Fees will be charged if the account is closed between 14 days and 6 months. There will be no charge if the account is closed within 14 days of opening the account or after 6 months
Fees for cash deposits and withdrawals above the limit of 5 rupees for 1,000 rupees or 150 rupees, whichever is greater
RTGS (online) NIL Price
NEFT fees (online) NULL
IMPS NIL Fees
Axis Bank ATM: number of free transactions The first 5 transactions (financial + non-financial) are free
Non-Axis Bank ATMs: No free (non-financial) free transactions in metro stations (Mumbai, Delhi-NCR, Chennai, Kolkata, Bangalore, and Hyderabad) or – first 5 free transactions (financial + non-financial) other places
ATM Axis / Non-Axis: Cash withdrawal fees (financial transactions) beyond Rs 20 per transaction
ATM Axis / Non-Axis: Balance request fees (non-financial transaction) beyond Rs 8.5 per transaction
International cash withdrawal fee (ATM) Rs.125
International Balance Inquiry (ATM) fee Rs.25