Axis Bank Basic Savings Account

Eligibility Criteria for Opening an Axis Bank Basic Savings Account (Single or Joint):

  • Applicant should be an Indian Resident.
  • There should not be any existing savings account with the bank.


Interest Rate 4% (Daily Balance, quarterly paid)
Minimum Balance required None
Premium Card RuPay-Debit Card (Withdrawal limit is 40,000 Rs.)
Access More than 2300 branches & 11,500 ATMs


  • The account provides facilities like mobile and net Banking, passbook and e-statements, alerts via SMS for easy access and tracking of the account.
  • You will get a payable-at-par cheque book for free every year
  • You can withdraw four times every month without any charges.

Charges and Fee

Up to 1 lakh Rs. cash deposition None
More than 1 lakh Rs. cash deposition 150 Rs. or 5 Rs. for each Rs 1000 Rs. (The higher amount will be applicable)
Charges for IMPS 5 Rs Up to 1 Lakh Rs, 15 Rs on 1 Lakh to 2 Lakh Rs(Applied on every transaction made )
Charges for NEFT (Online and through Branch) 2.5 Rs Up to 10,000 Rs , 5 Rs on 10,000 to 1 Lakh Rs, 15 Rs on 1 Lakh to 2 Lakh Rs, 25 Rs. on more than 2 Lakh Rs (Applied on per transaction)
Withdrawal of cash from ATMs (above the free limit) 20 Rs. for financial and 8.5 Rs for non-financial transactions
Petrol pump surcharge 2.5% on the purchase value (10 Rs minimum)
Cancellation of PO/DD 100 Rs
Charges for Additional Cheque Book 50 Rs. on every cheque book
Charges for Card Replacement 150 Rs
Charges for Stop Payment Instructions -Cheque 100 Rs on every cheque
SMS Alerts (Value Added) 5 Rs (monthly )
Charges for Locker Facility This varies according to branch and size

Other Banks Savings Accounts

Need Help?

401, Lakhani Centrium, Sector 15, CBD Belapur, Navi Mumbai, Maharashtra 400614

Subscribe to our newsletter

  • Mobile Apps

Did not find what you were looking for?

Browse through our Knowledge Bank for more articles.

Loanbaba Blog

Check your Loan eligibility!

Apply for a Loan online: