What is the old name of Axis Bank?
UTI Bank
This bank has a good customer service and the rate of interest was nominal. 0.5 4.0/5 "Great!" When i was required some fund, i have applied the personal loan from Axis bank because of the better service. They have provided me a interest rate of 18.25% for the loan amount of Rs.
Is Axis Bank is govt or private?
private sector bank
Which Bank is better axis or Kotak?
Axis Bank is most highly rated for Job security and advancement and Kotak Mahindra Bank is most highly rated for Job security and advancement.Overall Rating.
Axis Bank's growth rate is faster than that of other private banks. Thrust on corporate clientele & superior quality of advances make the stock an attractive bet. Axis Bank, earlier known as UTI Bank, was one of the first private sector banks to set up in the 90s.28-Apr-2008
Is Axis better than Icici?
Axis Bank's brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Axis Bank. ICICI Bank's brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of ICICI Bank. Their current market cap is $59.96B.Axis Bank vs ICICI Bank.
Axis Bank is most highly rated for Job security and advancement and HDFC Bank is most highly rated for Culture.Overall Rating.
What is minimum balance in Axis Bank?
The Axis Bank Easy Access Savings Account allows you to maintain a monthly average balance requirement of ₹ 12,000 if you are carrying out online banking from a metro city. The minimum opening deposit in your account will be ₹ 16,000.
Axis Bank Ltd. With a market capitalization of Rs. 1,90,562.56 crores, Axis Banks fares 4th on the list of the largest private sector banks in India. Known for its financial services primarily directed at large and mid-size corporates, along with SMEs and retail businesses, the bank clocked a revenue of Rs.06-Dec-2022
Why Axis Bank changed its name?
The Bank changed their name from UTI Bank Ltd to Axis Bank Ltd with effect from July 30 2007 to avoid confusion with other unrelated entities with similar name.
Axis Bank is India's third-largest private bank with a market capitalization of 2.32 trillion. The bank has more than 4,096 branches across India and has nine international branches. Therefore, the Axis bank is unquestionably a safe bank in terms of market cap and bank network.
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
Account Service Fee (Urban) 7.5 per 100 of the shortfall from AMB requirement or 600 whichever is lower. Average Balance Required (Semi Urban) Average Monthly Balance (AMB) of Rs. 5,000.
Is Axis account zero balance?
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.
Lowest Interest rate of SBI Loan is 10.55%, which is lower than the lowest interest rate of Axis Bank at 10.75%. Hence, SBI is offering a cheaper loan option. Compared to other Personal Loan charges such as processing fees, SBI charges a processing fee of Nil, while Axis Bank charges a processing fee of Upto Rs. 4,999.
Who is the No 1 private bank in India?
HDFC Bank
Top 7 Salary Accounts in India 2022
Which account is best in Axis Bank?
Axis Bank Instant (Digital) Savings Accounts
ULTIMA Easy Access Salary Account provides you access to your salary anytime, anywhere through robust banking services and transactional benefits. The ULTIMA Easy Access Salary Account comes with a RuPay Platinum Debit Card and a daily withdrawal limit of Rs. 40,000.
Why do people choose Axis Bank?
Its biggest draw is the manner in which it combines the best of the public and private sectors. The bank was promoted by UTI , LIC, GIC and four stated-owned general insurance companies - and the initial top management team came from UTI and other banks such as State Bank of Bikaner & Jaipur.20-Jul-2013
What is the old name of Axis Bank?