Axis Bank Savings Account: Charges, Interest Rate & Minimum Balance 2026

Axis Bank offers a wide range of account types for salaried individuals, students, women, senior citizens, NRIs, and premium customers. The Axis Bank savings account interest rate starts at 3.00% p.a., and the Axis Bank minimum balance for savings account varies depending on the account type and location.

Key Highlights:

• Interest rate: 3.00% - 3.50% p.a. (tier-based)
• Minimum balance requirement: ₹0 to ₹10 lakh (varies by account type)
• Mode: Online & offline account opening available
• Special accounts: Available for women, children, NRIs, and senior citizens

What is the Axis Bank Savings Account?

An Axis Bank savings account is a deposit account that allows individuals to securely save money while earning interest on the balance. Along with competitive Axis Bank savings account interest rate, customers also enjoy digital banking, debit cards, fund transfers, and exclusive benefits such as cashback, lifestyle offers, and preferential services depending on the account type.

Axis Bank Savings Account Types

At Axis Bank, you will find multiple savings account options which you can opt for as per your requirements. Some of the most popular ones are as follows:

i. 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.

ii. 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.  

iii.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.  

iv. 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. 

v. 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 locke₹ 

vi. 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. 

vii. Burgundy Digital Savings Account

This account is for Non-Resident Indian (NRI). 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. 

Axis Bank Savings Account Interest Rate

The ongoing Axis Bank savings account interest rate is as follows:

The Axis Bank savings account interest rate for senior citizens is the same as provided above.

Axis Bank Minimum Balance for Savings Account 

The Axis Bank minimum balance for savings account is:

Penalty for Not Maintaining Minimum Balance in Axis Bank Savings Account

Axis Bank levies charges if the required minimum balance is not maintained, 

Axis Bank Saving Account Charges

The various applicable Axis Bank savings account charges are mentioned in the table below:

Axis Bank Saving Account Transaction Limit

Mentioned below are the monthly cash withdrawal limits for Axis Bank savings accounts: 

Eligibility Criteria to Open Axis Bank Savings Account

here is the eligibility criteria the applicant must meet to open an Axis Bank Savings Account: 

• Must be a citizen of India.
• Must be 18 years or older, except in the cases of a minor savings account.
• Hindu Undivided Families (HUFs) are also eligible.
• Must submit valid KYC documents, including identity proof and address proof, along with the account opening form.

Documents Required for Opening Savings Account in Axis Bank

The documents required to open an Axis Bank savings account are as follows:

How to Open a Saving Account in Axis Bank?

The steps you can follow for Axis Bank Savings Account opening:

Step 1: Navigate to Axis Bank’s official website, tap on ‘Explore Products’, ‘Accounts’ and then on ‘Savings Account’. 

Step 2:  Select a savings account that aligns with the financial goals. 

Step 3:  Click ‘Apply’ or ‘Get a Call Back’.

Step 4:  Fill out the application form. 

Step 5: After this, the bank officials verify all the documents and move forward with the application. 

Step 6: Make a cash deposit to fulfil the minimum balance requirement.    

Axis Bank Online Saving Account Opening Forms

To open a savings account with Axis Bank, download the Axis Bank Online Savings Account Opening Form. Fill in the necessary details and submit it at your nearest branch along with valid KYC documents.

How to Close Axis Bank Savings Account?

Follow these steps to close Axis Bank Savings Account:

Step 1: Download and fill in the Axis Bank Savings Account Closure Form. 

Step 2: Submit it to your home branch or nearest Axis Bank branch along with your unused cheque leaves and your debit card cut into four pieces.  

Axis Bank Saving Account Helpline Numbers

To inquire details or any queries related to your Axis Bank Savings account, you can contact their customer care through the following numbers:

Toll-Free Numbers (24x7)

• 1800 209 5577
• 1800 103 5577

Standard Numbers (Charges May Apply): 

• 1860 419 5555
• 1860 500 5555

An Axis Bank savings account is ideal for customers looking for security, convenience, and competitive benefits. With attractive Axis Bank savings account interest rate and flexible Axis Bank minimum balance for savings account requirements, Axis Bank offers tailored options for students, salaried professionals, women, and NRIs. Choosing the right account ensures maximum benefits, from cashback offers to lifestyle privileges.

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