Fees and Charges

With effect from 1st July 2021, Reduction of Fees on Select Services. Click here to view details.

With effect from 1st July 2021, Reduction in Safe Deposit Locker Annual rent. Click here to view details.

With effect from 1st July 2021, Introduction of Nil Salary credit fee for Salary accounts. Click here to view details.

Initial Funding
Metro- Rs.16,000 Urban - Rs.15,000 Semi Urban - Rs.6,000 Rural - Rs.3,000
Total Relationship Value(Balances maintained across Savings and Fixed deposits)
NA
Average Balance Required across all locations
Metro - Rs. 10,000, Urban - Rs. 10,000, Semi Urban - Rs. 5,000, Rural - Rs. 2,500
Average Balance Required (Metro)
Average Monthly Balance (AMB) of Rs. 10,000
Account Service Fee (Metro)
Monthly Service Fee (MSF) of Rs.5 for every Rs.100 shortfall plus Rs. 75 in required balance or Rs. 500, whichever is lower, with a minimum charge of Rs. 75. Waived off if AMB is maintained.
Average Balance Required (Urban)
Average Monthly Balance (AMB) of Rs. 10,000
Account Service Fee (Urban)
Monthly Service Fee (MSF) of Rs.5 for every Rs.100 shortfall plus Rs. 75 in required balance or Rs. 500, whichever is lower, with a minimum charge of Rs. 75. Waived off if AMB is maintained.
Average Balance Required (Semi Urban)
Average Monthly Balance (AMB) of Rs. 5,000
Account Service Fee (Semi Urban)
Monthly Service Fee (MSF) of Rs.5 for every Rs.100 shortfall plus Rs. 75 in required balance or Rs.300, whichever is lower, with a minimum charge of Rs. 75. Waived off if AMB is maintained.
Average Balance Required (Rural)
Average Monthly Balance (AMB) of Rs. 2,500
Account Service Fee (Rural)
Monthly Service Fee (AMB) of Rs.5 for every Rs.100 shortfall plus Rs. 75 in required balance or Rs.250, whichever is lower, with a minimum charge of Rs. 75. Waived off if AMB is maintained.
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. 2.5/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
Daily withdrawal limit and Shopping limit
Daily ATM Withdrawal Limit of Rs.50,000, Daily POS transaction Limit of Rs.1,25,000.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 2 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 2 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
Rs.5 per Rs.1000 or Rs.150, whichever is higher
Cash Handling Fee
Rs.100/- per bundle (1000 notes*) on lower denominations notes of Rs.10/20/50 only. *100 notes=1 packet. 10 packets= 1 Bundle
Convenience fee on Cash Deposit Transaction done at Cash Deposite Machine
Rs.50 per transaction after banking hours (i.e. Between 5:00 pm to 9:30 am) and on Bank Holidays & State Holidays for deposits exceeding 5,000 per month either single or multiple transaction
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.200 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. 2 Lakh - Rs. 15 per transaction
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.20 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 30 transactions allowed in a month (Financial on Axis ATM & Financial + Non-Financial on other bank ATMs),there after fees of flat Rs. 20 per transaction would be charged
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
NA
Transaction Fee on non-maintenance of average balance/TRV
NA
One-time Fee on no transactions for 18-24 months in Savings account
NIL
Outward Cheque Return
Rs. 100 per instance
Inward Cheque Return - Financial Reason
Rs. 500/- Flat per instance of Cheque return due to insufficient funds.Effective 1st June'19,Introduction of Inward Cheque Return Fees due to Non-Financial rejection reasons - Rs 50 per instance
Inward Cheque Return - Non-Financial
Rs.50 Flat per instance
Outstation Cheque Return
Rs.150 per cheque
ECS Debit Failure
1st return Rs. 375 2nd return Rs.425 3rd return onwards Rs. 500
Standing Instruction Failure Charges on Loan EMIs and Credit Card Dues
Credit Card/Loan/Auto Debit Rs. 200/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
Rs.100 per chequebook (20 leaves)
Duplicate PIN (Branch mode only)
NA
Duplicate Passbook
Rs.75/- per Instance
Physical Statement Fee at branch, for prior quarters
Rs.75/- 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
Account details modification fee (Applicable only for select requests given at branches for service)
NA
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
Foreign Currency Inward Remit Fee per remittance
Rs.250
Foreign Currency Inward Remit: FIRC Charges
Rs.100
Foreign Currency deposit at Branches
Rs.100
Traveller Cheques & Currency Notes
Rs.100
Foreign Currency Cheque: Base Charges
0.25% of INR Value + GST applicable from 1st July'2017 (Min. Rs.111)
Foreign Currency Cheque: IRM Commission
Rs.250
Foreign Currency Cheque: Courier Charges
Rs.50
Foreign Currency Cheque: Additional Charge -FCS only
Correspondent bank Charges
Foreign Currency Cheque: Additional Charge - Direct Collection only
Drawee Bank Charges - On Receipt
Foreign Currency Cheque: Additional Charge - Reimbursement Collection only
Drawee Bank Charges - On Receipt = Correspondent Bank Charge - $13