Opening a savings account is the first step towards financial savings and growth. Axis Bank, one of the leading private sector banks in India, offers a range of savings account options to suit different needs and preferences.
Opening a savings account in Axis Bank online is quick and convenient.
Once your application is approved, your account will be activated and ready for use.
If you prefer to open a savings account in Axis Bank using the offline mode, you need to follow the below stated steps.
Your application will be verified by the bank officials. On successful verification, your account will be activated and you will receive a notification on your registered mobile number specifying the same. A welcome kit will also be sent to you containing your debit card, passbook, cheque book, etc.
To open a savings account in Axis Bank, you will need to fill out the account opening form. The form can be obtained from the Axis Bank website, downloaded and printed, or collected from any Axis Bank branch. Make sure to fill out the form accurately and completely to avoid any delay in account activation.
Visit the official website to access the Savings bank account opening form of Axis Bank.
When opening a savings account in Axis Bank, you will need to submit certain documents. The documents required for opening an Axis Bank savings account include –
For Hindu Undivided Family –
Axis Bank charges a nominal fee for opening a savings account. The Axis Bank saving account charges may vary depending on the type of account you choose and the services you opt for.
In addition to the account opening charges, Axis Bank may also levy certain fees for specific services or transactions. It is essential to familiarise yourself with the fees associated with your savings account to avoid any surprises.
You can find detailed information on the fees and charges on the Axis Bank website. It is advisable to check the latest schedule of charges on the Axis Bank website before opening an account.
Axis Bank requires customers to maintain a minimum balance in their savings accounts to avoid penalties. The minimum balance requirements may vary depending on the type of savings account you choose. It is important to ensure that you comply with the minimum balance requirements to avoid any charges. The list of required minimum balances is given below:
Semi-urban: Rs. 5,000
Average monthly balance of Rs. 25,000
Monthly Spends of Rs. 25,000
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What is the minimum balance in Axis Bank for savings accounts?The minimum balance requirements for Axis Bank savings accounts vary depending on the type of account. It is advisable to check the specific minimum balance requirements for the account you choose.
Can I open a 0 balance account in Axis Bank?Axis Bank offers a Basic Savings Account that can be opened with zero balance. This account is designed for customers who may not be able to maintain a minimum balance.
What is the minimum balance for opening an Axis Bank account?The minimum balance or the initial funding required to open a savings account in Axis Bank varies depending on the type of account. Check the Axis Bank official website for specific minimum balance requirements for the account you choose.
How much deposit is required for an Axis Bank savings account?The initial deposit required to open a savings account in Axis Bank may vary depending on the type of account. It is advisable to check the specific deposit requirements for the account you choose.
What is the minimum balance in Axis Bank 2024?The minimum balance requirements for Axis Bank savings accounts in 2024 may vary depending on the type of account and prevailing banking regulations. It is recommended to check the updated minimum balance requirements on the Axis Bank website.
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Opening a savings account with Axis Bank can be done online or offline, requiring specific documents and minimum balance. Different savings account options are available with varying charges and minimum balances depending on the type chosen.
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