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 May 01, 2018
|Axis Bank Savings Account Balance||Rate of Interest*|
|Less than Rs. 50 lakh||3.50% p.a.|
|Rs 50 lakh to less than Rs. 100 crore||4.00% p.a.|
|Rs 100 crore and above||6.00% p.a.|
*Axis Bank Savings account charges are subject to renewal on the basis of bank’s policy.
Axis Bank savings account interest rate is 3.50% p.a. if the balance in the account is less than Rs. 50 lakh. For balance of Rs. 50 lakh to less than Rs 100 crore then the rate of interest provided is 4.00% p.a.; for balance of Rs. 100 crore and above, the rate of interest is 6% per annum.