Small Basic Savings Account

Home » Savings Account » Small Basic Savings Account

4.5

Average Review

Small Basic Savings Account

Need a simple, low-cost savings account? The Small Basic Savings Account offers easy access to your funds with no monthly fees and secure banking solutions.

  • cheque availibilty
Visit Site Apply Now Terms & Conditions Apply

Details for Small Basic Savings Account

The Small Basic Savings Account is perfect for individuals seeking a simple, low-fee account with easy access to funds. Enjoy no monthly maintenance fees, secure transactions, and convenient banking services tailored to meet your basic financial needs without complications.

₹
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

  • Entities eligible for a Small Basic Savings Account.
  • An individual residing in India who does not have an existing savings account in Axis Bank, prior to opening the Basic Savings Account.
  • If you fall within the eligibility criteria for the Small Basic Savings Account you can apply for the Savings Account by submitting the application form along with the documents for Small Basic Savings Account. Here are the documents that you need to submit.

Additional Benefits

  • Earn 3.0%-4.0%* interest on daily balances, quarterly
  • Access to 15,000+ Axis Bank ATMs, 5100+ Axis Bank branches as well as internet, mobile and phone banking services.
  • Track your banking activities
  • Bank stress-free with no minimum balance requirement.
  • Personal accident insurance cover of Rs. 1 Lakh by using your card once, every 45 days.
  • Aggregate of all withdrawals and transfers in a month - maximum Rs. 10,000.
  • Aggregate of all credits in a financial year - maximum Rs. 1 Lakh.
  • Account Balance at any point of time - maximum Rs. 50,000.
  • Foreign Inward remittance - not permitted.
  • Free RuPay Debit Card

Share with