Opening a savings account is the first step towards financial savings and growth. Axis Bank, one of the leading private sector banks in India, offers a range of savings account options to suit different needs and preferences.
Key Highlights
- Online Method - Open an Axis Bank savings account by visiting the website, filling in personal details, uploading documents, and submitting the online form. Once approved, your account is activated for use.
- Offline Method - Visit the nearest Axis Bank branch, fill out the savings account application form, and submit it along with KYC documents and photos. The bank will verify and activate your account.
Opening a savings account in Axis Bank online is quick and convenient.
Once your application is approved, your account will be activated and ready for use.
If you prefer to open a savings account in Axis Bank using the offline mode, you need to follow the below stated steps.
After verification, your account will be activated, and you’ll receive an SMS notification along with a welcome kit containing your debit card, passbook, and cheque book.
To open a savings account in Axis Bank, you will need to fill out the account opening form. The form can be obtained from the Axis Bank website, downloaded and printed, or collected from any Axis Bank branch. Make sure to fill out the form accurately and completely to avoid any delay in account activation.
Visit the official website to access the Savings bank account opening form of Axis Bank.
When opening a savings account in Axis Bank, you will need to submit certain documents. The documents required for opening an Axis Bank savings account include –
For Hindu Undivided Family –
Axis Bank charges a nominal fee for opening a savings account. The Axis Bank saving account charges may vary depending on the type of account you choose and the services you opt for.
Type of Savings Account | Joining Fees |
| Rs. 200 per month for a minimum of 6 months |
| Rs. 500 + GST |
| Rs. 200 + GST |
| NIL |
| NIL |
| NIL |
In addition to the account opening charges, Axis Bank may also levy certain fees for specific services or transactions. It is essential to familiarise yourself with the fees associated with your savings account to avoid any surprises.
You can find detailed information on the fees on the Axis Bank website. It is advisable to check the latest schedule of charges on the Axis Bank website before opening an account.
Axis Bank savings accounts come with varying minimum balance requirements based on the account type. Maintaining the required balance is essential to avoid penalty charges.
Type of Savings Account | Minimum Balance to be Maintained |
| NIL |
| Metro: Rs. 12,000 Urban: Rs. 12,000 Semi-urban: Rs. 5,000 Rural: Rs. 2,500 |
| Average monthly balance of Rs. 25,000 OR Monthly Spends of Rs. 25,000 |
| Average monthly balance of Rs. 75,000 |
| Average quarterly balance of Rs. 2,00,000 |
| Average quarterly balance of Rs. 10,00,000 |
Axis Bank savings account opening can be done easily both online and offline with simple documentation. If you’re wondering how to open savings account in Axis Bank, just follow the steps based on your preferred mode and get started quickly.
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