Any Indian resident above 57 years of age is eligible to open an Axis Bank Senior Privilege Account.
|
Bank |
Axis Bank |
|
Category |
Senior Privilege Savings Account |
|
Minimum Balance Requirement |
Quarterly Balance Required is Rs 10,000 |
|
Card Offered |
Visa Classic Debit Card |
Services Offered With Axis Bank Senior Privilege Savings Account
|
Cash withdrawal |
Yes |
|
Passbook |
Available on request |
|
Cheque Book |
Yes, one multi-city cheque book provided per quarter. |
Features of Axis Bank Senior Privilege Savings Account
|
High Daily Withdrawal Limit |
Rs 50,000 |
|
Preferential Treatment |
As a Senior account holder, get attended on priority. |
|
Ease of Bill Payment |
Pay utility bills like gas, telephone, electricity and more via Axis Bank branches with a simple one-step registration. |
|
Medical Benefits |
Enjoy 20%-60% discount on health check-ups at medical centers; Up to 15% discount at Apollo Pharmacies |
|
Special ID Card for Emergencies |
Avail priority treatment not only at Axis bank branches but also partner healthcare centers to avail discounts. |
|
Rewards Program |
eDGE Loyalty Rewards Program; Earn points on a variety of transactions and redeem the same for rewards across multiple categories. |
|
Complimentary Enhanced Personal Accident Insurance |
Avail insurance cover for Rs 2 lakh by swiping your card once every 6 months (subject to conditions) |
|
Lost Card Liability / Purchase Protection Liability |
Combined lost card liability & purchase protection liability of up to Rs 50,000. |
|
High Daily Shopping Transaction Limit |
Rs 1,00,000 |
|
Easy Access to Cash |
Over 11,500 Axis Bank ATMs and 2300 Axis Bank branches |
Fees & Charges of Axis Bank Senior Privilege Savings Account
|
Visa Classic Debit Card Issuance Fee |
Rs 150 |
|
Visa Classic Debit Card Annual Fee |
Rs 150 (urban centers) / Rs 100 (rural centers) |
|
CHIP & PIN Card Issuance |
Original card issuance cost + Rs 50 |
|
Outstation Cheque Collection Fee |
Up to Rs 5,000 – Rs 25 per cheque; Rs 5,001 to Rs 10,000 - Rs 50 per cheque; Rs 10,000 to Rs 1 lakh – Rs 100 per cheque and above Rs 1 lakh – Rs 200 per cheque |
|
Cash Transaction Charges |
Beyond the free limit, Rs 5 per Rs 1000 or Rs 150 (whichever is higher), shall be charged. |
|
Axis / non-Axis ATM financial transaction fee beyond limits |
Rs 20 / per transaction |
|
Axis / non-Axis ATM non-financial Transaction fee beyond limits |
Rs 8.5 / per transaction |
|
NEFT Fees |
Up to Rs 10,000 – Rs 2.5 per transaction; Rs 10,000 to Rs 1 Lakh – Rs 5 per transaction; Rs 1 Lakh to Rs 2 Lakh – Rs 15 per transaction; above Rs 2 Lakh – Rs 25 per transaction. |
|
IMPS Fees |
Up to Rs.1 Lakh – Rs 5 per transaction; Rs 1 Lakh to Rs.2 Lakh - Rs.15 per transaction. |
|
Additional Cheque Book Fee |
Rs 50 per cheque book |
|
Speed Clearing Fees |
Free up to cheque amount of s 1 lakh; Above Rs 1 lakh, Rs 100 shall be charged. |
|
International Cash Withdrawal Fee / Balance Enquiry Fee (ATM) |
Rs 125 / Rs 25 |
|
Surcharge at railway tickets purchased with Debit Card |
2.5% of sale amount (min of Rs 10) + Rs 30 per transaction. |
|
Duplicate Passbook |
Rs 100 |
|
Card Replacement Fee |
Rs 100 |
|
Locker Fees |
Varies by branch category urban / rural) and size of locker |
|
Foreign Currency Deposit Fee (at branches) |
Rs 100 |
|
Account Closure |
Rs 500 |
GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.
