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
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 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
Pros & Cons
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
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
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.