Product Details
Bank Name
Axis Bank
Account Name
Axis Prestige 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
Prestige Debit Card
Account Opening Fees
0
Debit Card Charges
NIL
Annual Maintenance Fees
0
NEFT Charges
Free online
Minimum Account Balance
0, (Salary accounts that do not receive salary credit in two consecutive calendar months INR 100/- per month will be applicable)
IMPS Charges
Free online
Fees and Charges of
Axis Prestige Salary Account
Axis Prestige Salary Account
Special Features
Users will get 1% cashback on fuel and 2% cashback on shopping transactions.
Eligibility Criteria
Applicant must be a Indian citizen.
Applicant must have original PAN and Aadhaar card.
Benefits
Features, Eligibility and Benefits of
Axis Prestige Salary Account
Pros & Cons of
Pros
Benefits include more free transactions at any bank ATM, unlimited free NEFT and RTGS transactions, and DD/PO.
By using Prestige Cashback debit Crad user can get 1% cashback on Fuel transactions across any fuel stations, 2% cashback on shopping at select merchant categories.
Annual benefits worth ₹15,000 on Prestige debit card.
Personal accident cover of ₹10 lakhs and air accident cover of 1 crore.
Users will get 1% cashback on fuel and 2% cashback on shopping transactions.
Benefit like a higher number of free transactions at any bank ATM, along with unlimited free NEFT and RTGS transactions and DD/PO.
Users can get up to Rs. 15,000 worth of annual benefits through Dining delights, cashback.
Personal accident cover of upto Rs 5 lakh and Air accident of Rs.1 crore.
With the complimentary MyZone credit card, users will get the benefits after 6 months of opening account, such as 40% discount on Swiggy on minimum transaction of ₹200, Buy 1 Get 1 offer on Paytm movies up to ₹200 every month, a 12-month SonyLIV subscription after activation, 4 EDGE Rewards for every ₹200 spent via card,
Cons
Low interest rates.
Axis Prestige Salary Account
Axis Prestige Salary Account
The account comes loaded with a number of value add features. However, the account offers low interest rate. It can be considered by individuals who are looking for a good package of 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
Review of
Axis Prestige Salary 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.