Product Details
Bank Name
Axis Bank
Account Name
Axis Priority Digital Saving Account
Account Type
Savings 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
Priority Debit card
Account Opening Fees
0
Debit Card Charges
NIL
Annual Maintenance Fees
0
NEFT Charges
Free online
Minimum Account Balance
Average Monthly Balance (AMB) of Rs. 2,00,000.
IMPS Charges
Free online
Fees and Charges of
Axis Priority Digital Saving Account
Axis Priority Digital Saving Account
Special Features
25% discount on booking movie tickets on BookMyShow (up to ₹350 per month).
8 complimentary access to select Airport lounges within India (2 per quarter).
1% cashback and discounts after shopping online using the E-Debit card.
Dining experience with a discount of ₹800 and more via the Axis Dining Delight program with EazyDiner.
Milestone benefits of 2000 EDGE reward points on spending ₹1,00,000 annually through E-Debit card.
Flat 10% cashback every time shopping through Amazon.in and Flipkart via Grab Deals.
Comprehensive Health Insurance from Aditya Birla Health Insurance Co. Limited.
20% cashback or 40X Reward points via Grab Deals on 50+ brands of various segments.
Unlimited free fund transfers through NEFT/RTGS/IMPS.
Extend Priority Banking services up to 6 family members and an additional 10% discount on locker rent.
Senior citizens get higher FD rates and up to 20% off across select diagnostic centres in India. They can also enjoy 15% off across Apollo pharmacies.
Eligibility Criteria
Applicant must be an Indian citizen.
Applicant must have original PAN and Aadhaar Card.
Benefits
Features, Eligibility and Benefits of
Axis Priority Digital Saving Account
Pros & Cons of
Pros
25% discount on booking movie tickets on BookMyShow (up to ₹350 per month).
8 complimentary access to select Airport lounges within India (2 per quarter).
1% cashback and discounts after shopping online using the E-Debit card.
Dining experience with a discount of ₹800 and more via the Axis Dining Delight program with EazyDiner.
Milestone benefits of 2000 EDGE reward points on spending ₹1,00,000 annually through E-Debit card.
Flat 10% cashback every time shopping through Amazon.in and Flipkart via Grab Deals.
Comprehensive Health Insurance from Aditya Birla Health Insurance Co. Limited.
20% cashback or 40X Reward points via Grab Deals on 50+ brands of various segments.
Unlimited free fund transfers through NEFT/RTGS/IMPS.
Cons
Low interest rates.
High Average Monthly Balance (AMB) requirements.
Axis Priority Digital Saving Account
Axis Priority Digital Saving Account Review
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 Priority Digital Saving 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.