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Product Details
Bank Name

Axis Bank

Account Name

Axis Government Scholarship Savings Account

Account Type

Saving

Interest Rate

Less than Rs. 50 Lacs-3.00% p.a. and Rs. 50 Lacs and up to less than Rs. 800 Crs-3.50% p.a..

Free Debit Card

RuPay Debit Card

Axis Government Scholarship Savings Account
77.1
Account Opening Fees

0

Annual Maintenance Fees

0

Minimum Account Balance

0

Debit Card Charges

INR 150

NEFT Charges

Up to Rs 10,000 – Rs 2.5 per transaction; Rs 10,000 to Rs 1 Lakh – Rs 5 per transaction; Rs 1 Lakh to Rs 2 Lakh – Rs 15 per transaction; above Rs 2 Lakh – Rs 25 per transaction.

IMPS Charges

Upto Rs. 1000 - Rs. 2.5 per transaction, Rs. 1000 to Rs. 1 Lakh - Rs. 5 per transaction, Rs. 1 Lakh to Rs. 2 Lakh - Rs. 15 per transaction

Fees and Charges

Axis Government Scholarship Savings Account

Special Features
Zero Balance Facility
Eligibility Criteria
An individual residing in India who does not have an existing savings account in Axis Bank, prior to opening the Government Scholarship Savings Account.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
  • Free RuPay Debit Card .

  • Free Cash Deposit 

  • You can track your banking like e. statements SMS alert .

Cons
Low intreast rate
Axis Government Scholarship Savings Account

The account comes with low interest rate and offers minimal 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?
Application Procedure
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