Product Details
Bank Name
Axis Bank
Account Name
Axis Basic Savings Account
Account Type
Savings Account
Interest Rate
Less than Rs. 50 Lacs-3.00% p.a. and Rs. 50 Lacs above but less than Rs. 800 Crs-3.50% p.a.
Free Debit Card
Rupay Debit Card
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
0
Debit Card Charges
NIL
NEFT Charges
Free online
IMPS Charges
Free online
Fees and Charges
Axis Basic Savings Account
Special Features
Zero balance saving account.
High withdrawal limit of Rs. 40,000 at ATMs and Rs. 1,00,000 for shopping transactions.
Eligibility Criteria
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Zero balance saving account.
High withdrawal limit of Rs. 40,000 at ATMs and Rs. 1,00,000 for shopping transactions.
Free RTGS/IMPS transactions.
Cons
Low interest rate.
Axis Basic Savings Account Review
The account comes with low interest rate and offers average value add features.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Account Opening and Procedure
How to open an Account?
Verify your identity using PAN and Aadhaar.
Provide your information.
Fulfill your KYC requirements through a video call.
Deposit funds into your account.