Axis Basic Savings Account

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Axis Basic Savings Account

Open a Basic Savings Account for easy access to your funds, no monthly fees, and a simple way to manage your savings. Start saving today!

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Details for Axis Basic Savings Account

The Basic Savings Account offers a simple, hassle-free way to save. With no monthly fees, easy access to your funds, and a secure platform, it’s ideal for individuals looking for a straightforward savings solution. Perfect for beginners or those who prefer a no-frills approach to banking.

Interest Rate

3.50% p.a

Withdrawal Limit

40,000/-

Transaction Limit

1,00,000/-

Minimum Balance Required

  • Nil

Eligibility Criteria for Opening an Account

  • To be eligible for opening a Basic Savings Account with Axis Bank, an individual must live in India and should not already have a Savings Account with Axis Bank. In case there is an existing account, it needs to be closed before one can open a Basic Savings Account. Furthermore, once the Basic Savings Account is opened, the individual is not permitted to hold any other Savings Account in Axis Bank.

Additional Benefits

  • Earn 3.0%-4.0%* interest on daily balances, quarterly
  • Get access to 15000+ Axis Bank ATMs, 5100+ Axis Bank branches as well as internet, mobile and phone banking services.
  • Bank stress-free with no minimum balance requirement
  • Get monthly e-statements, passbook, SMS alerts
  • Free Cash Deposit
  • Free RuPay Debit Card