What Is Axis Bank Priority Account?

What is the minimum balance in Axis Bank?

Axis Bank Minimum Balance RequirementsSavings Account TypeMinimum Balance AmountEasyAccess Savings AccountRs.10,000Prime Savings AccountRs.25,000Future Stars Savings AccountRs.2,500Prime Plus Savings AccountRs.1,00,0009 more rows.

What is the difference between salary account and normal account?

A Salary Account is opened by an organization with the purpose of crediting the salary to the employee. A Savings Account can be opened by anyone with Aadhar card to deposit money for the purpose of holding or saving it with the bank. … A Salary Account is created by the employer. Anyone can open a Savings Account.

What is monthly service fee in Axis Bank?

Payable at Par ChequesMonthly Average BalanceNilCharges Above Free LimitUpto Rs. 2.5 crore – Rs. 1.50/1,000 Above Rs. 2.5 crore and upto Rs. 10 crore – Rs. 5/1,000 Above Rs 10 crore – Rs. 8/1,000Third Party DepositNot PermittedRemote Pay Order ChargesRs. 0.75/1,000, minimum Rs. 100 per Pay Order6 more rows

What is the interest rate for salary account in Axis Bank?

Axis Bank Salary Account Interest RatesAxis Bank Salary Account BalanceRate of InterestSavings Accounts Balance less than Rs.50 lakh3.50% p.a.Savings Accounts Balance of Rs.50 lakh up to less than Rs.10 crore4.00% p.a.Savings Account Balance of Rs.10 crore and above6% p.a.Sep 18, 2018

What are the DD charges in Axis Bank?

Demand DraftDemand DraftChargesIssue (Payable at Correspondent Bank Locations under Desk Drawing arrangement)Rs 1.00 per thousand; Minimum Rs 25 per DDCancellation (drawn on our Bank)Rs. 75 per demand draftCancellation (drawn on correspondent bank)Other bank charges plus Rs. 125 per Demand Draft5 more rows

What is priority account?

Axis Bank Priority Salary Account gives employees access to superior banking services and additional exclusive benefits. Get a free Priority Platinum Debit Card, personal insurance cover of Rs. 5,00,000 and 10% cashback on online debit card spends up to Rs.

What are the account closure charges for priority in Axis Bank?

Axis Bank reserves the right, at its own discretion, to close the account in case initial funding cheque is returned/bounced and funding as per scheme code is not received within 30 days of account opening. 7. There will be a fee of 500/- if the account is closed between 14 days and 1 year of account opening.

Is Axis Bank good for salary account?

The accounts differ in various ways like the daily withdrawal limit, shopping limit, kind of debit card and so on. The special employee delights and added benefits are what makes Axis Bank Salary Accounts the best in class.

What is Axis Bank Platinum Debit Card?

RuPay Platinum Debit CardAxis Bank Platinum CardsIssuance FeesDaily ATM Withdrawal Limit/ Daily Purchases Limit per dayRupay Platinum Debit CardRs. 200 +taxesMaximum cash withdrawal limit is Rs.40000 per day and maximum transaction limit is Rs. 1 lakh per day2 more rows•Feb 14, 2019

How much money we can withdraw from Axis ATM in a day?

40,000 per day from Axis Bank ATMs and purchase limit of Rs 40,000. Classic Debit Card: Maximum withdrawal limit is Rs. 40,000 per day from Axis Bank ATMs and purchase limit of Rs 1,00,000.

What is the eligibility criteria to be a priority customer in Axis Bank?

To open this account, the applicant must have introduction from the company in the Bank’s format (stamped and signed by the authorized signatory). Employees with a net monthly salary credit of min. Rs. 75,000 per month will be eligible.

What is Axis Bank Priority debit card?

Priority Debit Card. The Priority Debit Card offers premium privileges and services designed exclusively for Priority customers. The benefits of Axis Bank’s Priority Debit Card include discounts on movies, higher transaction limits, free ATM transactions and waivers on issuance and annual charges.

Can I open a zero balance account in Axis Bank?

ASAP Instant Savings Account – Axis Bank If you are looking to get your zero balance account opened in no time, then ASAP Instant Savings Account, from Axis Bank, is a perfect choice.

What is Axis Bank Burgundy debit card?

This debit card is especially tailor made for the premium customers as per their needs and lifestyle. The Burgundy World Debit Card offers a high withdrawal limit up to Rs 2 lakhs per day and a high purchase limit up to Rs 6 lakhs per day. Axis bank allows free ATM withdrawals from Axis bank ATMs.

What happens if minimum balance is not maintained in Axis Bank?

100 shortfall in required balance or Rs. 600, whichever is lower, with a minimum charge of Rs. … 100 shortfall in required balance or Rs. 300, whichever is lower, with a minimum charge of Rs.

How do I create a salary account?

Open a Salary Account in 3 easy stepsPAN Card.Aadhaar Card.Voter ID Card.Driving License.Passport.An ID card issued by the Central or State Government.Public Sector Units (PSUs) and/or NREGA Job Card.

Which salary account is best?

The following is the list of best 5 salary accounts available in India:Kotak Platina Salary Account.SBI Corporate Salary Package.HDFC Bank Classic Salary Account.Citibank Suvidha Salary Account.Axis Bank Prime Salary Account.

Does Axis Bank charge for debit card?

The fees and charges associated with Axis Bank’s Online Rewards Debit Card include issuance fees, annual fees, charges for customising your debit card as well as replacement fees….Online Rewards Debit Card Fees and Charges.Issuance Fees- Primary/JointRs. 500 + TaxesMyDesignRs. 150 extraReplacement FeeRs. 200 + Taxes6 more rows

Which axis debit card is best?

RuPay Platinum Debit CardTransaction Limit. Daily cash withdrawal limit of Rs.40,000 and purchase limit of Rs. 1,00,000.Axis eDGE Reward Points. Not Applicable.Top Features. Cashback on Utility bill paymentsAirport Lounge Access.

How much we can deposit in Axis Bank?

* As per RBI guidelines, you may deposit only up to Rs. 49,950 per account per day if your PAN number is not recorded with the Bank. To deposit more than Rs. 49,950 per account per day, please update your PAN details by contacting any Axis Bank Branch.

What is Axis Bank consolidated charges for a C?

Home > Bank Accounts > All Savings Accounts > Fees And Charges > What are Consolidated Charges. … These charges are consolidated and levied at the end of the month to your Savings Account under the header ‘Consolidated Charges’.