Product Details
Bank Name
Axis Bank
Account Name
Axis Bank Liberty Salary Account
Account Type
Salary Account
Interest Rate
Less than Rs. 50 Lakhs-3.00% p.a. and Rs. 50 Lakhs and up to less than Rs. 800 Crs-3.50% p.a..
Free Debit Card
Liberty Debit Card
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
0, (Salary accounts that do not receive salary credit in two consecutive calendar months INR 100/- per month will be applicable)
Debit Card Charges
NIL
NEFT Charges
Free online
IMPS Charges
Free online
Fees and Charges
Axis Bank Liberty Salary Account
Special Features
On spending ₹60,000 in a quarter, user can choose a gift voucher worth ₹750 of your choice from Amazon, Ola, Croma, Spencers, Lifestyle and more.
Flat 5% cashback on Debit Card , Quarterly Gift Voucher of Rs. 750,Annual Savings worth Rs. 15,000, personal accident cover of upto Rs 5 lakh and Air Accident of Rs.1 crore.
Users can enjoy up to 15% discount on dining across India with 10000+ partner restaurants using your Liberty debit card.
Users will get 1 free airport lounge access per quarter.
Eligibility Criteria
Users must have a net monthly salary credit of Rs. 25,000 to Rs. 50,000 credited to the account.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Flat 5% cashback on Debit Card ,Quarterly Gift Voucher of Rs. 750,Annual Savings worth Rs. 15,000, personal accident cover of upto Rs 5 lakh and Air Accident of Rs.1 crore.
1 EDGE reward point on every ₹200 spent on domestic and international transactions.
Benefit like a higher number of free transactions at any bank ATM, along with unlimited free NEFT and RTGS transactions and DD/PO.
Daily ATM withdrawal limit of ₹50,000 and purchase limit of ₹3 lakhs.
Cons
Low interest rates.
Axis Bank Liberty Salary Account Review
The account comes with a very low interest rate. The account comes with a very feature rich debit card.
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.