Product Details
Bank Name
Axis Bank
Account Name
Axis Easy Access Digital Savings Account
Account Type
Saving 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
Secure+ Debit Card
Account Opening Fees
0
Debit Card Charges
Rs.300
Annual Maintenance Fees
0
NEFT Charges
Free online
Minimum Account Balance
Average Monthly Balance: Metro - Rs. 12,000, Urban - Rs. 12,000, Semi-Urban - Rs. 5,000, Rural - Rs. 2,500
IMPS Charges
Free online
Fees and Charges of
Axis Easy Access Digital Savings Account
Axis Easy Access Digital Savings Account
Special Features
Uninterrupted shopping via Debit Card with higher withdrawal and shopping limits of ₹40,000 and ₹1 lakh, respectively.
On opening an Easy Access Bank account users get an instant E-Debit Card and an Online rewards debit card delivered to you.
1% cashback and a chance to earn 3X reward points on all online purchases.
With the online rewards debit card, purchases of up to ₹50,000 are insured from damages and theft. Additionally, on using it within 30 days of account opening, you get ₹500 worth of shopping vouchers redeemable on Grab Deals.
With the physical rewards card, users get accelerated EDGE Points for the following online and offline spending: 10X for travel booking, 5X for electronics purchase, 3X for online food delivery, 2X on clothing stores.
Users can enjoy Buy 1 Get 1 offer on booking movie tickets using E-Debit Card on BookMyShow.
Users can enjoy a 10% discount every time on Flipkart and Amazon.in via Grab Deals. Also, enjoy an additional 35% discount on 50+ brands available on Grab Deals using your Physical or E-Debit Card.
Eligibility Criteria
Applicant must be a Indian citizen.
Applicant must have original PAN and Aadhaar Card.
Benefits
Features, Eligibility and Benefits of
Axis Easy Access Digital Savings Account
Pros & Cons of
Pros
Personal accident cover of ₹5,00,000.
Air accident cover of ₹1 crore.
1% cashback and a chance to earn 3X reward points on all online purchases.
With the online rewards debit card, purchases of up to ₹50,000 are insured from damages and theft. Additionally, on using it within 30 days of account opening, you get ₹500 worth of shopping vouchers redeemable on Grab Deals.
With the physical rewards card, users get accelerated EDGE Points for the following online and offline spending: 10X for travel booking, 5X for electronics purchase, 3X for online food delivery, 2X on clothing stores.
Users can enjoy Buy 1 Get 1 offer on booking movie tickets using E-Debit Card on BookMyShow.
Users can enjoy a 10% discount every time on Flipkart and Amazon.in via Grab Deals. Also, enjoy an additional 35% discount on 50+ brands available on Grab Deals using your Physical or E-Debit Card.
Cons
Low interest rates
Axis Easy Access Digital Savings Account
Axis Easy Access Digital Savings Account
The account comes with very low interest rate. The account comes loaded with value add features such as free movie tickets, 1% cashback on all online purchases through debit card, etc.
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
Review of
Axis Easy Access Digital Savings Account
Account Opening and Procedure of
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.