Product Details
Bank Name
Axis Bank
Account Name
Axis Bank Burgundy Digital Salary Account
Account Type
Salary Account
Interest Rate
Less than Rs. 50 Lakh-3.00% p.a. and Rs. 50 Lakh and up to less than Rs. 800 Crs-3.50% p.a.
Free Debit Card
Burgundy Private Debit Card, Virtual 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 Bank Burgundy Digital Salary Account
Special Features
Users will get Rs.125 off on a minimum order value of Rs.399 at select restaurants and Rs.300 off on Swiggy Dineout on a minimum order value of Rs.1500.
Users will get 12 complimentary rounds of Golf lessons and 4 complimentary rounds of green fee per calendar year.
Users will get 96 complimentary tickets annually on movies and events through BookMyShow with the "Buy one Get one" offer.
Eligibility Criteria
Employees with a net monthly salary credit of 3,00,000 will be eligible to open this account.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Users will get personal accident cover of Rs. 15 lakhs and air accident cover of Rs. 1 crore.
Users will get a daily cash limit of Rs. 3,00,000 and a purchase limit of 6,00,000.
Users will get Rs.125 off on a minimum order value of Rs.399 at select restaurants and Rs.300 off on Swiggy Dineout on a minimum order value of Rs.1500.
Users will get 12 complimentary rounds of Golf lessons and 4 complimentary rounds of green fee per calendar year.
Users will get 96 complimentary tickets annually on movies and events through BookMyShow with the "Buy one Get one" offer.
Users will get edge points for every domestic and international spend.
Users will get 12 complimentary airport lounges access to selected airport lounges.
Users enjoy a 60% discount on locker rent.
Users can avail "One Glance Statement" service to get a comprehensive overview of wealth and their relationship with Axis Bank.
Unlimited free fund transfers through NEFT/RTGS/IMPS.
Cons
Low interest rates.
Very high monthly salary is required to open this account.
Axis Bank Burgundy Digital Salary Account
The account comes with very low interest rate. The account comes loaded with value add benefits such as free golf lesson, 96 free movie tickets through 1 + 1 offer from BookMyShow. Overall it is a great account for individuals who can live with low interest rates.
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.