Axis Bank offers a wide range of savings accounts, among them the Easy Access Savings account, which is the bank’s basic savings account. Its best feature is the zero-balance option on the account, which means holders do not need to maintain any specific amount on it, they may also have a balance of Rs. 0.
If you have just started saving money, this account from Axis Bank is a good fit for your needs. You can access it from all Indian metro cities or apply for it online.
To start with a minimum amount of Rs. 10,000 is required as opening deposit. When opening the account, you can link it with the Rupay Platinum Debit card. This card gives you up to 5 withdrawals per month without any charges at ATMs of Axis Bank or other banks.
The card comes together with internet and mobile banking. You can easily do transactions online or check the account balance and interest. The interest rate applied is of 3.50% for amounts up to Rs. 50 lakhs and 4.00% for higher amounts, calculated every four months. This rate aligns with most savings accounts in India.
Benefits:
Who can apply?
This account is for all Indian residents above 18 years old and do not hold any other savings accounts in Axis Bank.
About Axis Bank:
Axis Bank is among the largest private banks in India offering multiple banking products and a wide variety of savings options and debit cards. It is headquartered in Mumbai but is present in more than 30 states in India with over 14,000 ATMs in the country.
