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Product Details
Bank Name

Axis Bank

Account Name

Axis Bank Priority 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

Priority Platinum Debit card

Axis Bank Priority Salary Account
Account Opening Fees

0

Annual Maintenance Fees

0

Minimum Account Balance

0,(Salary accounts which 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 Priority Salary Account

0
Special Features
  • Users can avail "One Glance Statement" service to get a comprehensive overview of wealth and relationship with Axis Bank.

  • Welcome benefits worth 2,500.

  • Users will get complimentary Axis Bank Club Vistara Forex Card.

  • Complimentary access to select domestic airport lounges.

  • Daily ATM withdrawal limit of 1 lakh and shopping limit of 5 lakhs.

  • Users enjoy a 10% additional discount on locker rent.

  • Users can enjoy benefits of up to Rs. 2000 per quarter via reward points.

Eligibility Criteria

Employees with a net monthly salary credit of 1,00,000 will be eligible to open this account.

Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
  • Unlimited free fund transfers through NEFT/RTGS/IMPS.

  • Users can avail "One Glance Statement" service to get a comprehensive overview of wealth and relationship with Axis Bank.

  • Welcome benefits worth 2,500.

  • Users will get complimentary Axis Bank Club Vistara Forex Card.

  • Complimentary access to select domestic airport lounges.

  • Daily ATM withdrawal limit of 1 lakh and shopping limit of 5 lakhs.

  • Users enjoy a 10% additional discount on locker rent.

Cons
  • Low interest rates.

  • High monthly salary is required to open this account.

Axis Bank Priority 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.

Application Procedure
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