Government Scholarship Savings Account

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Government Scholarship Savings Account

Manage scholarship funds easily with a Government Scholarship Savings Account. Enjoy zero balance, secure transactions, and hassle-free access to your money!

  • cheque availibilty
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Details for Government Scholarship Savings Account

The Government Scholarship Savings Account is designed for students to receive and manage scholarship funds securely. Enjoy zero-balance benefits, seamless transactions, and easy withdrawals. This account ensures hassle-free banking, enabling students to access their funds conveniently while focusing on their education.

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Interest Rate

3.50% p.a

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Withdrawal Limit

40,000/-

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Transaction Limit

1,00,000/-

Minimum Balance Required

  • Nil

Eligibility Criteria for Opening an Account

  • An individual residing in India who does not have an existing savings account in Axis Bank, prior to opening the Government Scholarship Savings Account

Additional Benefits

  • Get access to 15,000+ Axis Bank ATMs, 5100+ Axis Bank branches as well as internet, mobile & phone banking services.
  • Earn Interest on Daily/ Quarterly Balance.
  • Bank stress free with no minimum balance requirement.
  • Get monthly e-statements, passbooks, SMS alerts, etc.

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