Axis Bank Wealth Salary Account

I. Axis Wealth Privileges: High-class and superior service via banking, investment and lifestyle perks with admittance to Premium Banking branches is one highlight of having this salary account. There is also a committed Wealth Manager for you to consult about any of your banking requirement at any time.

II. eDGE Loyalty Rewards Program: Make good use of this program by earning points in numerous ways like transacting at least INR 50,000 via your account per month including electronic clearance system transactions. If you start an RD of INR 2000 and above, you earn points as starting an AxisDirect account. Now about earning points using your Priority Platinum Debit Card. Every time you swipe the card for INR 200 at any domestic mercantile, it fetches you a point while international spends for the same will earn you three points. Make 75 points on the very first offline transaction and make 150 points for the first offline card transaction. You can also garner points by keeping an average minimum balance of INR 25,000 per month. All these assimilated reward points shall be used to buy any remarkable product or service listed in the bank’s alluring reward catalogue, categorized as Amazing Deals, Favorites, Little treats and What’s New among others.

III. Ease of access in banking: You can engage in any kind of banking at around 1600 premium branches. There are more than 10000 ATM kiosks strewn from one end of the country to the other. You can request for any number of cheque books as per your need, which is totally free. You can even place Pay Orders or DDs drawn at any home branch, which is not charged at all. The bank doesn’t even levy service charge to collect outstation cheques, if they are drawn from any Axis Bank area. With electronic money transaction feature (NEFT & RTGS) throughout the country, not to mention net banking and phone banking facility along with regular bank statements, the round-the-clock services of the bank is unstoppable. And all these are not charged at all.

IV. Debit Card: You are issued a MasterCard Premium Debit Card as a primary account user with a waiver in yearly charges. You can do ATM transactions multiple times without being charged at all. Money up to INR 2 lacs can be taken out in a day while the shopping limit is INR 5 lacs for a day. Not only can you be free from fuel surcharges from any petrol pump, but you can also gain privileged airport lounge access. Don’t forget to utilize the reward program by earning points which can be garnered and exchanged for any of the listed product or service in their catalogue.

V. Insure yourself, your family as well as hard-earned assets: Offering a Personal Accident Coverage of up to INR 10 lacs, the MasterCard Premium Debit Card is boon. As an Axis Bank Debit Card user, you will be covered against fraudulence in case your card is lost or stolen. But this will be possible only if you notify the customer care within a day. Any customer durable merchandises bought by swiping your debit card are generally covered against fire, natural catastrophe, housebreak etc. up to three months from the day you bought them. You can claim up to INR 5 lacs for loss of card claim and goods bought. The card also offers Life Insurance solutions in partnership with Max Life Insurance Limited.

VI. Share the perks with family: Wealth salary account is endowed with too many benefits to be enjoyed by one person. Like they say, sharing is caring and you have the choice to share these perks with your family members (not minors). You may open a zero balance savings account for a family member in any part of India.

VII. If any emergency strikes: Enjoy the special overdraft facility with prolonged limit of two to three times of your total monthly compensation (as long as it is not more than INR 1 lakh). This will be offered as per your eligibility. You can take one year to pay back the money thus drawn. You can also get preferential loan rates, specially customized for wealth account holders.

Eligibility Criteria for Axis Bank Wealth Salary Account

1. The applicant has to be of age 18 and above.
2. To open a wealth salary account at Axis Bank, you need to be an employee of a registered and valid organization and submit an introductory letter signed by any authorized person. It also has to be stamped with the company seal.

Documentation Procedure for Wealth Salary Account

1. Introductory letter from the organization you work at.
2. ID Proof, which could be Xerox copy of your SSLC Book, PAN Card, Voters ID, Passport, Driving License, Aadhar Card, any ID card issued by Government, Defence services or Public Sector undertaking etc.
3. Residence Proof, which could be any of your most recent utility bill, ration card, rental/ lease agreement, Gas connection book, Income tax papers.

Please note that if you are applying to open a joint wealth salary account, the aforementioned documents of both the parties have to be submitted.

How to Apply for a Axis Bank Wealth Salary Account?

Applying to start a Wealth Salary Account in Axis Bank is simple if your company has a Salary Account association with the lender. Once that is established, you can either contact them at your nearest branch directly or write to them at salary.power@axisbank.com, stating the purpose. Or send an SMS "Salary" to 5676782. Soon a bank official will contact you to fix an appointment so that the paperwork required can be done.

Fees & Charges of Axis Bank Wealth Salary Account