Fees and Charges

Total Relationship Value(Balances maintained across Savings and Fixed deposits)

NA

Initial Funding

Metro- Rs.16,000 Urban - Rs.15,000 Semi Urban - Rs.6,000 Rural - Rs.3,000

Average Balance Required across all locations

Metro - Rs. 12,000, Urban - Rs. 12,000, Semi Urban - Rs. 5,000, Rural - Rs. 2,500

Average Balance Required (Metro)

Average Monthly Balance (AMB) of Rs. 12,000

Non-maintenance of average balance charges (Metro)

7.5 per 100 of the shortfall from AMB requirement or 600 whichever is lower.

Average Balance Required (Urban)

Average Monthly Balance (AMB) of Rs. 12,000

Non-maintenance of average balance charges (Urban)

7.5 per 100 of the shortfall from AMB requirement or 600 whichever is lower.

Average Balance Required (Semi Urban)

Average Monthly Balance (AMB) of Rs. 5,000

Non-maintenance of average balance charges (Semi Urban)

7.5 per 100 of the shortfall from AMB requirement or 300 whichever is lower.

Average Balance Required (Rural)

Average Monthly Balance (AMB) of Rs. 2,500

Non-maintenance of average balance charges (Rural)

7.5 per 100 of the shortfall from AMB requirement or 250 whichever is lower.

Total Relationship Value (for all locations)

NA

Primary Debit Card: Type

Secure+ Debit Card

Primary Card: Issuance Fees

Rs.300

Primary Card: Annual Fees

Rs 300

Joint Debit Card: Type

Rupay Platinum Debit Card

Joint Card: Issuance Fees

Rs.200

Joint Card: Annual Fees

Rs.200

My Design Card Issuance

Original Card Issuance cost + Rs. 250*+GST. *Angry Bird images priced at Rs. 500+GST.

CHIP & PIN enabled card - Issuance

NA

Chequebook Issuance: No. of Chequebooks Free

One multicity Cheque Book Free per year (20 leaves) Above free limits: - Rs. 4 /leaf

Account Closure

Rs.500*

DD/PO Issuance: No. of free DD/PO

0

*Terms and conditions

* 15 transactions free per month post which charge of Rs.75/transaction would be levied. This is over and above the existing fee structure. *Transactions include Cash transactions at branch, Outward clearing, Fund transfer, RTGS/NEFT & remittances.Charges are levied if account is closed between 14 days and 1 year. No charges would be levied if account is closed within 14 days of account opening or after 1 year. GST applicable on the above charges will be additional.

NetSecure with 1 Touch Issuance fee

Rs.1000

Transaction Fee on non-maintenance of average balance/TRV

.

Daily withdrawal limit and Shopping limit

Daily ATM Withdrawal Limit of Rs.50,000, Daily POS transaction Limit of Rs.2,00,000.Effective 1st Dec'19 - Introduction of Transaction Decline Fee at POS terminals due to insufficient funds in Savings account:Rs.25

Monthly Cash Transaction Free Limits (Metro/Urban)

First 4 Transactions or Rs 1.5 lakhs whichever is earlier. Cash Transactions at Non-Home Branch : Cash transactions upto Rs.25,000/- per day, exceeding which Rs.5/- per thousand or part thereof, subject to a minimum of Rs.150/- to be charged

Monthly Cash Transaction Free Limits (Semi-Urban/Rural)

First 4 Transactions or Rs 1.5 lakhs whichever is earlier. Cash Transactions at Non-Home Branch : Cash transactions upto Rs.25,000/- per day, exceeding which Rs.5/- per thousand or part thereof, subject to a minimum of Rs.150/- to be charged

Fees on Cash Deposits and Withdrawals above limits

Self - Rs.5 per Rs.1000 or Rs.150, whichever is higher, Third Party - Rs.10 per Rs.1000 or Rs.150, whichever is higher

Transaction Charges on Cash Deposit Transaction done at Cash Deposit Machine

INR. 50 per transaction after banking hours (i.e. Between 5:00 pm to 9:30 am) and on Bank/State Holidays for deposits exceeding 2 transactions or INR. 5,000 per month (either single or multiple transaction), whichever is earlier.

Fair usage fees on branch transactions

15 transactions free per month post which charge of Rs.75/transaction will be levied. This is over and above the existing fee structure. Transactions include Cash transactions at branch, Outward clearing, Fund transfer, RTGS/NEFT & remittances

Outstation Cheque Collection Fees:

Upto Rs.5,000:Rs.25 per cheque, Rs.5,001 - Rs.10,000: Rs.50 per cheque, Rs.10,001 - Rs.1 Lakh : Rs.100 per cheque, Above Rs.1 Lakh: Rs.150 per cheque

RTGS Fees (Branch)

Free

RTGS Fees (Online)

NIL

NEFT Transaction Limits (how many free per quarter)

Unlimited

NEFT Fees (Branch)

Free

NEFT Fees (Online)

NIL

IMPS Fees

Upto Rs. 1000 - Rs. 2.5* per transaction, Rs. 1000 to Rs. 1 Lakh - Rs. 5* per transaction, Rs. 1 Lakh to Rs. 5 Lakh - Rs. 10* per transaction, *Taxes extra

Speed Clearing Fees

Free upto cheque amount of Rs.1 lakh, Above Rs.1 lakh - Rs.150

Axis Bank ATM: No. of Free Transactions

First 5 Financial transactions Free and Unlimited Non-financial transactions

Non - Axis Bank ATM : No of Free Transactions

First 3 transactions (Financial + Non Financial) free in Metro Locations (Mumbai, Delhi-NCR, Chennai, Kolkata, Bangalore and Hyderabad ) or First 5 transactions (Financial + Non Financial) free in all Other Locations.

Axis/Non-Axis ATM: Cash Withdrawal (Financial transaction) fees beyond limits

Rs.21 per transaction

Axis/Non-Axis ATM: Balance Enquiry (Non-Financial transaction) fees beyond limits

Rs.10 per transaction

Maximum transaction count limit on ATM transaction

Maximum monthly transaction count limit of 30 transactions (Financial + Non-Financial) per month. Post transaction limits, Rs.21 per Financial transactions on Axis Bank and (Financial + Non Financial) non-Axis Bank ATMs

International Cash Withdrawal fees (ATM)

Rs.125

International Balance Enquiry fees (ATM)

Rs.25

ECS/NACH transaction charges

Rs. 25 per transaction with cap of Rs. 100 a month

Surcharge on Railway Tickets purchased with Debit Card

NA

Cross Currency Mark-up on International Debit Card Transactions

3.50%

Surcharge at Petrol Pumps

Not Applicable on Axis Bank's Terminal

Outward Cheque Return

1st Return INR. 50 2nd Return onwards INR. 100

Inward Cheque Return - Financial Reason

Rs. 500/- Flat per instance of Cheque return due to insufficient funds.

Inward Cheque Return - Non-Financial

Rs.50 Flat per instance

Outstation Cheque Return

Rs.150 per cheque

ECS Debit Failure

INR.500 / instance

Standing Instruction Failure Charges on Loan EMIs and Credit Card Dues

Credit Card/Loan/Auto Debit Rs. 250/instance

Standing instruction faliure charges on Recurring Deposite & Mutual Fund

Nil

ATM Cash withdrawal transaction failure charges due to insufficient fund in customers savings account

Non-Axis ATM - Rs. 25 per instance, Axis ATM - Nil

Additional Charges on Non-Maintenance of Balance applicable to all Branch Locations

Nil

Transaction Decline fee at POS terminals due to insufficient funds in savings account

Rs.25 Flat per instance

Card Replacement Fee

Rs.200

Additional MyDesign Card - Replacement Fee

As per choice of image & Mydesign T&C

Additional CHIP & PIN enabled card - Replacement Fee

NA

Additional Chequebook Fee

Above free limits: - Rs. 4/leaf

Duplicate PIN (Branch mode only)

NA

Duplicate Passbook

Rs.100/- per Instance

Physical Statement Fee at branch, for prior quarters

Rs.100/- per Instance

Stop Payment Instructions: Cheque

Rs.50 per cheque, with a maximum of Rs.100 for Series (>2)

Stop Payment Instructions: ECS

Rs.100

DD/PO Cancellation

Rs.100

DD/PO Duplicate

Rs.100

DD/PO Revalidation

Rs.100

Additional DD/PO Fee

Upto Rs.10,000 - Rs.50 Above Rs.10,000 - Rs.5 per 1000 (min Rs.75/-max Rs.10,000)

Value Added SMS Alerts

25 ps. per SMS charge Max cap per customer Rs. 15/quarter (only non-mandatory SMS)

Address Confirmation

Rs.50

Photo Attestation

Rs.50

Signature Verification

Rs.50

Balance Certificate

Rs.50

Locker fees

Varies by Size and branch category (Metro/Urban/Semi-Urban/Rural)

Safe Custody Charges

-

NetSecure with 1 Touch Replacement fee

Rs.800

Demat A/C annual charges where applicable

If Demat account is linked with your savings account- Rs.750, If Demat account is not linked with your savings account- Rs.2500

Other Free Services & Discounts

Demat Account AMC (1st Yr)

Foreign Currency Outward Remit by Wire/TT/Swift

Rs.1,000

Foreign Currency Outward Remit by DD

Rs.250 or 0.3% whichever is higher

Inward Wire Transfer - Processing Fees

Rs. 250

Foreign Currency Instruments - Collection Fees

Rs. 750

Foreign Currency Instruments - Courier Charges

Rs. 50

Foreign Currency Instruments - Correspondent / Drawee Bank Charges (CLS)

NIL

Foreign Currency Instruments - Correspondent / Drawee Bank Charges (FCS)

USD 40

Foreign Currency Instruments - Correspondent / Drawee Bank Charges (Direct Collection)

On actuals

Foreign Currency Instruments - Dishonor Charges (Per Unit)

Rs. 100 + Charges imposed by issuer/correspondent bank (if any)

Foreign Currency - Cash Deposit at Branch

Rs. 100 (per instance)