EASY ACCESS Savings Account

• Avoid shared electronic devices

It is advisable to not log into your easy access savings account from anywhere except for your personal devices. And when using a public computer to make digital transactions, always log out of your account without fail and avoid saving the password on the page.

• Don’t fall for fake messages

If you get messages, calls or emails from anyone other than the authorised officials from your bank, it is best to avoid these communications. Genuine bank officials will never ask you for sensitive personal and financial information such as your debit card number, account number, username or passwords through any form of communication.

Easy Access Savings Account can be opened by any individual or HUF residing in India.

Easy Access Savings Account can be opened before turning 57 years of age. For those older than 57 years, it is advised to open a senior citizen account.

Easy Access Savings Account can be opened at any Axis Bank branch.

Easy Access Savings Account gives complimentary access to digital banking, including world-class mobile banking app open, Secure + Debit Card with personal accident insurance, air accident cover and other protection benefits.

With Easy Access Savings Account you can enjoy a host of services on-the-go, via Mobile Banking app, open and our other online channels. It gives you a banking experience that offers ease and convenience like never before.

Easy Access Savings Account can be opened at any Axis Bank branch with required documentation. Do refer to ‘Check your eligibility’ tab for more details.

Initial Funding in Semi-urban, Rural and Unbanked locations is Rs 10,000.
For customers opened earlier version of account, initial funding differed by location. (Metro = Rs 16,000, Urban = Rs 15,000, Semi-Urban = Rs 6,000 and Rural = Rs 3,000)

Average balance requirement in Semi-urban, Rural and Unbanked locations is Rs 10,000 (monthly).

Not maintaining minimum balance can attract charges.

However, these non-maintenance charges can be waived off for accounts that hold a FD of at least Rs 50,000 for 12 months or more.

For customers opened earlier version of account, balance requirement differed by location. (Metro = Rs 12,000, Urban = Rs 12,000, Semi-Urban = Rs 3,000 and Rural = Rs 2,500)

The Average Monthly Balance of an Easy Access Savings account is calculated by taking the daily account balance in the account for a given month. The average is then divided by the total number of days in the month. The formula for the same is: Average Monthly Balance = (Sum of all daily closing balances)/(No. of days in a month)

You can easily withdraw funds from your Easy Access Savings Account by using your debit card linked to the bank account at an ATM (Automated Teller Machine) or through Internet Banking while making online Payments.