Individuals looking for the best options to keep their savings can opt for the wide range of accounts provided by Axis Bank. These savings accounts offer multiple benefits like low average monthly and quarterly balance, cashback and discounts, and so on.
Steps to Open Axis Bank Savings Account
Opening a savings account with Axis Bank is an easy process. There are multiple ways to do this. Look at the following steps to open Axis Bank savings account online:
Steps to Open Axis Bank Savings Account Online |
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Steps to Open Axis Bank Savings Account Offline |
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Axis Bank Savings Accounts Interest Rate
Axis Bank Savings Accounts | Rate of Interest (w.e.f. March 19, 2018) |
Account Balance less than Rs. 50 Lakh | 3.50% p.a. |
Account Balance of Rs. 50 Lakh and less than Rs. 10 Cr. | 4.00% p.a. |
Account Balance of Rs. 10 Cr. and above | 6.00% p.a. |
Savings Account Options Offered by Axis Bank
Types of Axis Bank Savings Accounts | |||
ASAP Instant Savings Account | EasyAccess Savings Account | Prime Plus Savings Account | Prime Savings Account |
Women’s Savings Account | Senior Privilege Savings Account | Future Stars Savings Account | Pension Savings Account |
Trust/NGO Savings Account | Insurance Agent Account | YOUth Account | Basic Savings Account |
Small Basic Savings Account | Inaam Personal account |
Eligibility Criteria for Axis Bank Savings Account
To be eligible for a savings account in the bank, an applicant needs to meet the following criteria:
Axis Bank Savings Account | Eligibility Criteria |
ASAP Instant Savings Account | Indian residents |
EasyAccess Savings Account | Indian residents and Hindu Undivided Families (HUFs) |
Prime Plus Savings Account | Indian residents and HUFs |
Prime Savings Account | Indian residents and HUFs |
Women’s Savings Account | All Indian women |
Senior Privilege Savings Account | Age of the applicant should be 57 years and above |
Future Stars Savings Account | Age of the applicant must be below 18 years |
Pension Savings Account |
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Trust/NGO Savings Account | Authorised trusts, clubs, societies, etc. |
Insurance Agent Account | Indian residents |
YOUth Account | Age of the applicant should be between 18 and 25 years |
Basic Savings Account | An Indian resident who does not have any other account in Axis Bank |
Small Basic Savings Account | An Indian resident who does not have any other account in Axis Bank |
Inaam Personal account | Indian residents |
Documents Needed for Axis Bank Savings Account
To open an Axis Bank savings account, you will be required the following documents with you:
Type of Document | Address Proof | ID Proof |
PAN Card | No | Yes |
Voter ID | Yes | Yes |
Passport | Yes | Yes |
Driving License | Yes | Yes |
Aadhaar Card | Yes | Yes |
NREGA Job Card | Yes | Yes |