What is the minimum balance in Axis Bank easy access account?
With a low opening deposit, you can set up this account quickly and enjoy seamless banking transactions anywhere in the world. Effective 1st April 2022, Minimum Balance Requirement Of INR 12,000 (Metro & Urban Locations) & INR 10,000 (All Other Locations).
High daily withdrawal limits of Rs. 50,000 at ATMs and Rs. 2,00,000 for shopping transactions. First 5 Financial transactions free and unlimited Non Financial Transactions at Axis Bank ATMs. First 3/5 transactions free, at Non Axis Bank ATMs in metro/non-metro locations respectively.
What is the salary eligibility for easy access salary account in Axis Bank?
25,000 to Rs. 1 Lakh per month will be eligible. To open the Prime Salary Account you will have to submit certain documents for Prime Salary Account.
Axis Bank Instant (Digital) Savings Accounts
Can I maintain zero balance in Axis Bank?
Yes. Axis Bank offers a Zero Balance Savings Account also called Basic Savings Account as part of the Pradhan Mantri Jan-Dhan Yojana Scheme. The account offers benefits such as free cash deposits, access to over 4000 Axis Bank branches and 14,000+ ATMs across India and Internet and Mobile banking services.
A good rule of thumb to give yourself a solid financial cushion is to have at least three months' essential outgoings available in an instant access savings account. For example, if you lose your job, it'll give you three months breathing space.
Is easy account same as savings account?
The FNB Easy Account includes a free optional savings account, which may be used to supplement your income. The savings account offers a competitive rate of interest.14-Jun-2022
Like other ISAs, the easy access ISA is a tax-free savings account. That means you won't have to pay tax on the interest you earn.
How do easy access accounts work?
These are accounts that pay interest and allow you to withdraw money whenever you need it. You can save as little or as much as you want each month.
Key fees on your Account
Is Axis salary account zero balance?
Axis Bank Prime Salary Account - Charges Nil. However, if a 6-month-old salary account does not receive any credit via transfer, clearing, digital, or cash for two consecutive months, the Average Balance will be INR 100 per month. Daily Limit of ATM Withdrawal - INR 50,000, Daily Limit of POS transaction - INR 4 Lakh.08-Dec-2022
While a Salary Account is usually opened with the purpose of an employer crediting the salary to the employee, a Savings Account is opened to deposit money for the purpose of holding or saving it with the bank. Both Savings and Salary Accounts can be opened as an Insta Account.
How can I know my Axis Bank saving account type?
First digit – 9, which is the running serial number used by Axis Bank for all the new accounts. Next two digits- 01, is the scheme code depicting the type of account you hold. For example, 01-savings, 02-current account.30-Nov-2022
7.5 per 100 of the shortfall from AMB requirement or 600 whichever is lower. 7.5 per 100 of the shortfall from AMB requirement or 600 whichever is lower. 7.5 per 100 of the shortfall from AMB requirement or 300 whichever is lower.
Which saving account has no minimum balance in Axis Bank?
Basic Savings Account
Axis Bank Minimum Balance Requirements 2,500 to Rs. 1,00,000/-.
What is free limit in Axis Bank?
Maximum Non-Home Branch Cash Deposit/withdrawal per day shall be 1 Lac.
Fees & Charges for Business Classic Debit Card
Which is the best easy access savings account?
You can open and manage the account online only.
Which bank offers 7% interest on savings account?
Savings account interest rates of Jana Small Finance Bank are effective from 15th November, 2022. On savings bank deposits of more than Rs. 1 lakh and upto Rs. 50 Crores, the bank is now offering an interest rate of 7.00%.19-Nov-2022
What is the minimum balance in Axis Bank easy access account?