Axis Bank provides consumers with a wide range of savings accounts, as well as personalized services, and appealing incentives. Axis Bank savings account offers interest rates starting at 3.00% p.a.
Customers may plan and track their money, as well as save significantly and receive interest on their savings. With a plethora of options, Axis Bank customers can open a savings account that is best suited for managing their finances.
Axis Bank savings accounts can be accessed at any of the country’s 11,500 Axis Bank ATMs or 2300 Axis Bank locations. In most cases, Axis Bank waives the minimum balance requirement if the account holder has a fixed deposit or recurring deposit with the bank for at least a year.
Axis Bank Savings Account
Axis Bank offers a wide variety of savings account options, allowing customers to save their money and gain interest at attractive rates. The minimum deposit amount depends on the account type, while there is no maximum threshold for the upper limit.
Axis Bank Saving Account Interest Rate 2025
Balances | Axis Savings Account Interest Rate |
Below Rs. 50 lakhs | 3.00% p.a |
Rs. 50 lakhs – Rs. 10 crore | 3.50% p.a |
Rs. 10 crore – Rs. 100 crore | 3.50% |
Rs. 100 crores – Rs. 200 crores | Repo + (-0.50%) |
Rs. 200 crores – Rs. 2,500 crores | Overnight MIBOR + 0.70% |
Features of the Axis Bank Savings Account
- A secure way to keep your hard-earned money.
- Individual demands are met by a diverse choice of savings account solutions.
- Special accounts with large transaction limits, complimentary check books, and so on.
- Discounts and deals on online shopping, cinema tickets, and travel tickets.
- Access your account from anywhere, at any time, using a variety of methods such as net banking, Mobile Banking, and Phone Banking.
- Women, senior folks, and children have their own accounts.
Axis Bank Savings Account Types
Basic Savings Account
Axis Bank’s Basic Savings Account mitigates the need to maintain a minimum balance. It features free cash deposits, a RuPay debit card, and mobile and internet banking, along with access to multiple ATMs and branches all across India.
Easy Access Savings Account
The Easy Access Savings Account enables you to conduct all your transactions with a few clicks on your smartphone. It has a low opening deposit and comes with a Secure Plus debit card and personal accident insurance cover.
Senior Privilege Savings Account
For all the senior citizens out there, the Axis Bank Senior Privilege Savings Account can be a perfect choice. It offers the following benefits:
- Up to 0.75% additional interest rate for recurring and fixed deposits.
- 24/7 banking assistance.
- Power-packed debit card.
- Low opening deposits.
- Exclusive Senior ID card for priority and preferential treatment at branches.
- Bill payment facility at branches.
- Personal accident death cover up to Rs.2 lakh and more.
Liberty Savings Account
With the Liberty Savings Account, you have the freedom to either spend Rs.25,000 or keep Rs.25,000 as the minimum balance per month. The Liberty debit card provides flat 5% cashback on weekend spends like travel, food, entertainment and shopping.
Prestige Savings Account
Prestige is one of the premium savings bank account schemes Axis Bank offers. The Prestige Cashback Debit Card offers cashbacks worth Rs.1,500 per quarter on shopping, travel and fuel. Moreover, you get express 24/7 banking assistance, higher transaction limits, entertainment benefits and convenient pricing on lockers.
Priority Digital Savings Account
The Axis Bank Priority Savings Account aims to provide you with the most elite banking experience. You get a complimentary Axis Bank Instant Virtual Debit Card with 1% cashback on online spends. Furthermore, you can get exclusive offers on lifestyle, travel and more with Priority Debit Card.
Burgundy Digital Savings Account
If you are a Non-Resident Indian (NRI), the Burgundy savings account is for you. This account is available in NRO and NRE variants and offers complimentary airport lounge access, wealth management solutions and more.
Apart from these, Axis Bank offers several other savings bank accounts like:
- Prime Savings Account
- Woman Savings Account
- Youth Savings Account
- Future Stars Savings Account
- Pension Savings Account
- Infinity Savings Account, etc.
FAQs
Who Can Open an Axis Bank Savings Account?
- The individual should be a citizen of India.
- The applicant should be of 18 years or above except in case of minor savings account.
- Hindu undivided families are eligible for opening a savings account in Axis Bank.
- All the KYC documents, address proof and account opening form should be submitted by the applicant.
Documents Required to Open a Savings Account with Axis Bank?
- Two passport-sized photos (All applicants)
- Proof of Age
- Joint account applications require ID verification documents from both applicants, as well as address evidence from the principal account holder, complemented by proof of relationship between both holders.
- Address Proof – Utility bill, Aadhaar, and more.