Does Axis Bank provide zero balance savings account?
Does Axis Bank provide zero balance savings account?
The Small Basic Savings Account offers you hassle-free savings benefits with zero minimum balance requirements and covers you with personal accident insurance for Rs. 1,00,000. The benefits of the Small Basic Savings Account include a free RuPay Debit Card, monthly e-statements, passbook, etc.
What is the minimum balance for Axis bank savings account?
Rs.25,000 per month
Under the account, you have the option to either spend or maintain a balance (minimum) of Rs. 25,000 per month.
How do I know my Axis Bank account type?
Structure of Axis Bank Account Number
- First digit – 9, which is the running serial number used by Axis Bank for all the new accounts.
- Next two digits – 17, last two digits of the year in which your account is opened.
- Next two digits- 01, is the scheme code depicting the type of account you hold.
What are the benefits of Axis Bank saving account?
Features & Benefits
- Earn 3.0%-4.0% interest on daily balances, quarterly.
- Start off with low opening deposits.
- Get free cheque books.
- Bank at your convenience.
- Maintain low average monthly balance.
- Easy banking with a Secure Plus Debit Card at low issuance charge.
- Keep yourself, your family and assets safe.
Which axis savings account is best?
#1. Axis Bank Savings Account (For Good Services)
| Savings Account | Minimum Average Balance |
|---|---|
| Axis Prime Savings Account | Monthly Rs. 25,000 (metro/ urban) to Rs. 10,000 (semi-urban) |
| Axis Prime Plus Savings Account | Monthly Rs. 1 Lac |
| Axis Priority Savings Account | Quarterly Rs. 2 Lacs |
How is Axis Bank AMB calculated?
To calculate the MAB, you need to add each day’s end-of-the-day balance and divide it by the number of days in that month. Assuming, a bank asks that you maintain Rs 5,000 as average monthly balance: On July 1, the balance in the account is Rs 5,000.
Which is the best savings account in Axis Bank?
Prime Savings Account
- Unlimited (free) cheque books, without any charge.
- Unlimited (free) Demand Draft (DD), without any charge.
- A Secure Plus Debit Card, at a zero issuance fee.
- Daily withdrawal limit of Rs 50,000 at ATMs.
- Daily limit of Rs 75,000 on shopping transactions.
- Earn Axis eDGE Reward points.
Which savings account is best?
Top Banks that have the Best Savings Account for Individuals
- State Bank of India (SBI) Savings Account.
- HDFC Bank Savings Account.
- Kotak Mahindra Bank Savings Account.
- DBS Bank Savings Account.
- RBL Bank Savings Account.
- IndusInd Bank Savings Account.