How To Open A Savings Account In Axis Bank?
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.
Axis Bank Savings Account Opening Online
Opening a savings account in Axis Bank online is quick and convenient.
- Simply visit the Axis Bank website.
- Click on the "Apply Now" button on the Savings Account Webpage.
- Fill out the online application form by providing your personal details like your name, address, contact number, city and your preferred branch.
- Upload the required documents and click on “Submit”.
Once your application is approved, your account will be activated and ready for use.
Axis Bank Savings Account Opening Offline
If you prefer to open a savings account in Axis Bank using the offline mode, you need to follow the below stated steps.
- Visit your nearest Axis Bank branch and collect the account opening form. You can also download the same from the bank’s official website.
- Fill out the application form by providing all the necessary details like your name, address, phone number, preferred branch and city.
- Submit the duly filled application form to the nearest branch along with your KYC documents and recent passport-size photographs.
Your application will be verified by the bank officials. On successful verification, your account will be activated and you will receive a notification on your registered mobile number specifying the same. A welcome kit will also be sent to you containing your debit card, passbook, cheque book, etc.
Axis Bank Savings Account Opening Form
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.
Axis Bank Savings Account Opening Documents
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 –
- Identity and residence proof such as an Aadhaar card, passport, voter ID, driving licence, etc.
- Two recent passport-size photographs
For Hindu Undivided Family –
- Form 60 of HUF/ copy of Aadhaar card
- Identity and address proof of the Karta
- Declaration from the Karta
- A joint Hindu family letter signed by all the adult members
Axis Bank Savings Account Opening Charges
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 and charges 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 Account Opening Minimum Balance
Axis Bank requires customers to maintain a minimum balance in their savings accounts to avoid penalties. The minimum balance requirements may vary depending on the type of savings account you choose. It is important to ensure that you comply with the minimum balance requirements to avoid any charges. The list of required minimum balances is given below:
| 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 |
Related Articles:
1. ICICI Bank Savings Account Opening Online & Offline
2. Kotak Mahindra Bank Savings Account Opening Online & Offline
3. How to Open HDFC Bank Savings Account Online & Offline?
4. Union Bank Savings Account Opening Online & Offline
5. Bank of Baroda Savings Account Opening Online
Frequently Asked Questions
Quick Summary
Clear offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India.
Efiling Income Tax Returns(ITR) is made easy with Clear platform. Just upload your form 16, claim your deductions and get your acknowledgment number online. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing.
CAs, experts and businesses can get GST ready with Clear GST software & certification course. Our GST Software helps CAs, tax experts & business to manage returns & invoices in an easy manner. Our Goods & Services Tax course includes tutorial videos, guides and expert assistance to help you in mastering Goods and Services Tax. Clear can also help you in getting your business registered for Goods & Services Tax Law.
Save taxes with Clear by investing in tax saving mutual funds (ELSS) online. Our experts suggest the best funds and you can get high returns by investing directly or through SIP. Download Black by ClearTax App to file returns from your mobile phone.
Cleartax is a product by Defmacro Software Pvt. Ltd.
Company PolicyTerms of use
ISO 27001
Data Center
SSL Certified Site
128-bit encryption