Liberty Digital Savings Account

Liberty Digital Savings Account - where your savings gets flexible. Axis Bank presents a type of Digital Savings Account that lets you choose how you save your hard-earned money, making it a delightful experience.

Our Liberty customers can choose either to maintain a monthly average balance of ₹25,000 or spend ₹25,000, adding flexibility to their banking experience. With a Liberty Digital Savings Account, you can make your dining and shopping more rewarding with a flat 5% cashback.

Discover more with the Liberty Digital Savings Account and enhance your banking experience with Axis Bank.

Axis Bank Liberty Digital Savings Account : Features and Benefits

Enjoy the flexibility to either maintain a monthly average balance of ₹25,000 or spending ₹25,000 from your Liberty Account in a month

Flat 5% cashback on weekend Debit Card Spends

Annual Savings Worth ₹15,000 with Debit Card cashbacks and more

Complimentary Virtual Debit Card

Protection benefits with Personal Accident Cover, Air Accident cover, Lost Baggage Insurance and more.

Unlimited free NEFT and RTGS transactions and higher number of free ATM withdrawals.

*Terms and Conditions apply

Detailed Benefits of Liberty Digital Savings Account

Enjoy the flexibility to maintain their account by either having a monthly average balance of ₹25,000 or spending ₹25,000 from your Liberty Account in a month.
Earn 1 EDGE Rewards Point on every ₹200 spent on domestic and international transactions.
Include your family members under the benefits of Liberty Account by adding up to 3 family members.
Enjoy up to 15% discount on dining across India* with our 4000+ partner restaurants using your Liberty Debit Card.
Benefit from a higher number of free transactions at any bank ATM, along with unlimited free NEFT and RTGS transactions and DD/PO.
We offer an AMC waiver for our Liberty customers on Demat accounts for the first year.
On spending ₹60,000 in a quarter, you can choose a gift voucher worth ₹750 of your choice from Amazon, Ola, Croma, Spencers, Lifestyle and more.
Enhance your weekend fun by earning a flat 5% cashback over food, entertainment, shopping or travel spent via Debit Card.
With a daily ATM withdrawal limit of ₹50,000 and purchase limit of ₹3 lakhs, experience uninterrupted banking transactions.
Enjoy flat 10% cashback on Amazon.in & Flipkart via Grab Deals with your Liberty account.
Enjoy annual savings of ₹15,000 with:
- Debit Card cashback benefits of up to ₹6,000 per year,
- Dining Delight offers worth ₹4,800 per year,
- Banking Privileges of ₹2,820 per year, and
- Gift Voucher of ₹750 per quarter.
Avail of Personal Accident cover of up to ₹5 lakhs, Air Accident cover of ₹1 Cr, Lost Baggage Insurance* of up to $500 and Purchase Protection Benefit* of ₹50,000.

Terms and Conditions apply.

Open Axis Bank Liberty Digital Savings Account in easy steps

Complete your identity verification using PAN and Aadhaar.
Fill in all the required details.
Complete the Video KYC over a simple video call.
Deposit the initial funds to start using your account.

Embrace these four easy steps and skip the tedious paperwork and lengthy queues. With a Liberty Digital Savings Account, you can benefit from numerous Savings Account benefits like higher unlimited transactions, cashback and flexibility right away.

With minimal account charges and easy-to-follow maintenance requirements, you can manage your Liberty Account and secure savings with zero hassles.

Basic requirements while opening Liberty Digital Savings Account

A smartphone or a laptop with a camera is needed to complete the video KYC verification.
Allow the bank’s representative access to your device’s camera and location.
Complete depositing the initial funds through a Debit Card, Internet Banking or UPI.
You will not be able to use a Credit Card to deposit initial funds.

Eligibility & documents required for Axis Bank Liberty Digital Savings Account

To successfully open a Liberty Digital Savings Account, you have to meet the following requirements:

You should be an Indian citizen
You should have the valid PAN and Aadhaar card
Your PAN and Aadhaar should be linked.

Balance requirement and charges for opening Liberty Digital Savings Account

Initial Funding	₹25,000
Average balance requirement	Average Monthly Balance: ₹25,000 or Monthly spends: ₹25,000
Virtual Debit Card Fees	Nil
Physical Debit Card Issuance Fees	₹200 + GST
Physical Debit Card Annual Fees	₹300 + GST
DD/PO Issuance	Nil

Click here for more details about account fees and charges.

Frequently Asked Questions

Who should open a Liberty Digital Savings Account?

Anyone who meets the eligibility criteria and wishes to benefit from its features, such as unlimited RTGS and NEFT transactions and secure savings, should open the Liberty account.

How does the monthly interest credit for a Liberty Digital Savings Account work?

You can gain 3.0% to 3.5% interest on your daily balances, which are calculated according to the standard Savings Account norms. The interest is credited quarterly.

How is the Liberty Digital Savings Account Average Monthly Balance (AMB) calculated?

The AMB is calculated using the daily end-of-the-day balances for a certain month and dividing by the number of days in that month.

Why should you open a Liberty Digital Savings Account?

Open a Liberty Digital Savings Account with Axis Bank to enjoy benefits like flexible balance/spend requirement, free unlimited NEFT and RTGS transactions, cashbacks for Debit Card spends over weekends, a first-year AMC waiver on Demat accounts and more.