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Product Details
Bank Name

Axis Bank

Account Name

Senior Privilege Savings Account

Account Type

Savings Account

Interest Rate

Less than Rs. 50 Lacs-3.00% p.a. and Rs. 50 Lacs and up to less than Rs. 800 Crs-3.50% p.a..

Free Debit Card

No

Senior Privilege Savings Account
Account Opening Fees

0

Annual Maintenance Fees

0

Minimum Account Balance

Average Quarterly Balance (AQB) of Rs.12,000

Debit Card Charges

Visa Platinum, Rs.200 annually.

NEFT Charges

Free online

IMPS Charges

Free online

Fees and Charges

Senior Privilege Savings Account

77.1
Special Features
  • Upto 15% discount on Medicines and other purchases at over 4,000 Apollo Pharmacies.

  • Users will get preferential rates on Fixed Deposits/Recurring Deposits.

  • Up to 30% discount on Healthcare services in the comfort of home from Portea.

  • Complimentary 6-month Sony Liv subscription.

  • Flat 50% refund on Axis Direct Smart Edge- Al subscription fee.

Eligibility Criteria
Individuals who are 57 years or older.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
  • Daily ATM withdrawal limit of ₹40,000 and purchase limit of ₹3 lakhs.

  • Users will get preferential rates on Fixed Deposits/Recurring Deposits.

  • Up to 30% discount on Healthcare services in the comfort of home from Portea.

  • Complimentary 6-month Sony Liv subscription.

  • Flat 50% refund on Axis Direct Smart Edge- Al subscription fee.

  • Personal accident cover of ₹2 lakhs. 

Cons
  • Low interest rate

Application Procedure

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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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