Axis Bank offers diverse savings accounts to cater to the banking needs of every individual. With a range of accounts from regular savings accounts to premium accounts, online savings accounts to offline accounts, the bank ensures that every type of customer is covered. The minimum balance requirements of Axis Bank differ from one type of savings account to another. Let us take a look at the various types of Axis Bank savings accounts and the features provided by each of them.
Axis Bank Savings Account Interest Rates w.e.f October 20th, 2020
|Axis Bank Savings Account Balance||Rate of Interest*|
|Less than Rs. 50 lakh||3.00% p.a.|
|Rs 50 lakh to less than Rs. 10 crore||3.50% p.a.|
|Rs. 10 crore and up to less than Rs. 100 crore||Repo + (-0.65%)|
applicable rate 3.75% p.a.
|Rs. 100 crore and up to less than Rs. 200 crore||6.00% p.a.|
*Floor price for all the Repo linked slabs is fixed at 3.75% p.a. The interest is calculated basis incremental balance slabs. For rates on the amount of Rs. 2500 Crs and above, please contact the nearest branch.
Axis Bank Savings account charges are subject to renewal on the basis of bank’s policy.