What is the limit of Axis Bank saving account?

50,000. Daily Shopping Transactions – Rs. 1,25,000. Unlimited ATM transactions at Axis Bank and other Banks’ ATMs.

What are the drawbacks of zero balance account?

Disadvantages of Zero Balance Savings Account Online zero balance accounts have an initial balance limit of Rs. 1 lakh. These restrictions can be removed after the KYC process. Foreign contributions cannot be made to zero balance accounts.

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

2) If customers are unable to maintain the monthly balance limit, the bank will levy a penalty of Rs 10 per Rs 100 of the shortfall. The non-maintenance of monthly minimum balance charges will be in the range of Rs 50 to Rs 800, the lender said.

What is the maximum limit of zero-balance account?

Zero Balance Savings Account is a type of account where you are not required to have a minimum balance. A majority of banks in India keep a limit of Rs 10,000 per account to maintain the account….Top Zero Balance Savings Account.

What is the withdrawal limit for zero-balance account?

SBI zero balance savings account cash and ATM withdrawals SBI zero balance savings account allows a maximum of 4 cash withdrawals free of cost in a month, including ATM withdrawals at own and other bank’s ATMs.

What is Axis ASAP account interest rate?

Interest rates on Axis ASAP accounts have been increased from 6.75\% to 7.10\% p.a. Transfer more than Rs 10,000 to your Axis ASAP account & earn upto 7.10\% p.a. Withdraw anytime. T&Cs apply.

How can I close my Axis Bank ASAP account?

Not only Axis bank, but you cannot close any bank accounts online (except a few online banks). You can download the account closure form online, but you need to visit your home branch along with your Passbook, Chequebook, and Debit Card to close your bank account.

Is Axis Bank safe for investment?

Axis Bank is the third-largest bank in the private banking sector in India and hence it is very safe to invest. Also, it provides securable services for Retail banking, corporate banking and international banking operations.

Which is best saving account?

Top Banks that have the Best Savings Account for Individuals

• State Bank of India (SBI) Savings Account.
• HDFC Bank Savings Account.
• Kotak Mahindra Bank Savings Account.
• DBS Bank Savings Account.
• RBL Bank Savings Account.
• IndusInd Bank Savings Account.

How to open an ASAP savings account with Axis Bank?

Anyone can open an ASAP savings account with Axis Bank through Paisabazaar. The steps involved in the process of online application are: Step 1: In the first step, fill a Savings Account form on Paisabazaar with required personal data like annual income range, name, email id, contact number and city you live in.

What is axaxis ASAP account?

Axis ASAP is a Digital Savings Account that you can open anytime and anywhere by simply using your Aadhaar and PAN details. With just 3 quick-click steps, it’s the fastest way to open a bank account!! Your ASAP account doesn’t ask for physical documents, nor a minimum balance. All it promises is a convenient, stress free banking experience.

What is your review of Axis ASAP?

• Axis Asap is a fraud. They promote Axis Asap more than their any other products. • The Idea is to hide their terms and conditions inside a huge list of rules and regulations. • You are not supposed to do any cash based transactions else you will be charged exactly Rs. 200 per transaction upto Rs. 1000

Can I create a UPI address for my Axis bank account?

Still, not able to create a UPI address for my new Axis bank account. You can get a virtual debit card and net banking for free but have to pay around Rs. 354 for physical debit card + 500 renewal fees annually. It is an extra expense for me, as I already have my SBI debit card.