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Product Details
Bank Name

Axis Bank

Account Name

Burgundy 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

Burgundy Salary Account
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

Burgundy Salary Account

0
Special Features
  • Users will get a daily cash limit of Rs. 3,00,000 and a purchase limit of 6,00,000.

  • With the Burgundy private debit card, users will get benefits like discounts in partner restaurants, complimentary airport lounge access, complimentary movie tickets, etc.

  • 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.

  • Air accident insurance of ₹1 crore and personal accident insurance of ₹15 lakhs. 

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 a daily cash limit of Rs. 3,00,000 and a purchase limit of 6,00,000.

  • With the Burgundy private debit card, users will get benefits like discounts in partner restaurants, complimentary airport lounge access, complimentary movie tickets, etc.

  • Users enjoy a 60% discount on locker rent.

  • Users can avail "One Glance Statement" service to get a comprehensive overview of wealth and 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.

Application Procedure

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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.

Application Procedure
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