Fees and Charges

With effect from 1st June 2019, Pricing structure for Outward Cheque Return is revised. New Fees for Inward Cheque return due to non financial reason & ATM Cash Withdrawal transaction failure has been intoduced. Click here to view details.
With effect from 1st December 2019, Rs.25/transaction fee will be levied if there is insufficient fund in Account while swiping card at Merchant. Click here to view details.

With effect from 1st April 2019, Pricing structure for Prime Savings Account is being revised. Click here to view details.

With effect from 1st April 2019, Average balance maintenance cycle for Easy & Equivalent schemes at Rural locations is being revised. Click here to view details.

Read More
Initial Funding
Metro/Urban - Rs. 15,000, Semi Urban - Rs. 6,000, Rural - Rs. 2,500
Total Relationship Value(Balances maintained across Savings and Fixed deposits)
Maintain Rs.25,000 including Term Deposits (for minimum 6 Months) and Savings Account balance - Applicable for Rural Locations only
Average Balance Required across all locations
Metro/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.10 for every Rs.100 shortfall in required balance or Rs.500, whichever is lower, with a minimum charge of Rs. 100. 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.10 for every Rs.100 shortfall in required balance or Rs.500, whichever is lower, with a minimum charge of Rs. 100. 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.10 for every Rs.100 shortfall in required balance or Rs.300, whichever is lower, with a minimum charge of Rs. 100. Waived off if AMB is maintained.
Average Balance Required (Rural)
Average Quarterly Balance (AQB) of Rs. 2,500 or Total Relationship Value (TRV) Rs.25,000 across Savings A/c and TD (Min 6mnths)
Account Service Fee (Rural)
Quarterly Service Fee (AQB) of Rs.10 for every Rs.100 shortfall in required balance or Rs.250, whichever is lower, with a minimum charge of Rs. 100. Waived off if AQB is maintained.
Total Relationship Value (for all locations)
Maintain Rs.25,000 including Term Deposits (for minimum 6 Months) and Savings Account balance - Applicable for Rural Locations only
Primary Debit Card: Type
Rewards+ Debit Card
Primary Card: Issuance Fees
Rs.300
Primary Card: Annual Fees
1. Metro/ Urban/Semi-Urban - Rs 300 2. Rural - Rs 200
Joint Debit Card: Type
Rupay Platinum Debit Card
Joint Card: Issuance Fees
Rs.200
Joint Card: Annual Fees
1. Metro/ Urban/Semi-Urban - Rs 200 2. Rural - Rs 100
My Design Card Issuance
Original Card Issuance cost + Rs.150
CHIP & PIN enabled card - Issuance
Original Card Issuance cost + Rs.50
Chequebook Issuance: No. of Chequebooks Free
One multicity Cheque Book Free per quarter (20 leaves)
Account Closure
Rs.500*
DD/PO Issuance: No. of free DD/PO
0
*Terms and conditions
* 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.5,00,000
Monthly Cash Transaction Free Limits (Metro/Urban)
First 4 Transactions or Rs 3 lakhs whichever is earlier. Effective 1st April, 2019 - Introduction of Convenience Fee on Cash Deposit Transactions done at Cash Deposit Machines - Rs.50 per transaction after banking hours (i.e. Between 5:00 pm to 9:30 am) and on Bank Holidays
Monthly Cash Transaction Free Limits (Semi-Urban/Rural)
First 4 Transactions or Rs 3 lakhs whichever is earlier. Effective 1st April, 2019 - Introduction of Convenience Fee on Cash Deposit Transactions done at Cash Deposit Machines - Rs.50 per transaction after banking hours (i.e. Between 5:00 pm to 9:30 am) and on Bank Holidays
Fees on Cash Deposits and Withdrawals above limits
Rs.5 per Rs.1000 or Rs.150, whichever is higher
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 (Effective 1st July, 2019)
RTGS Fees (Online)
NIL, effective 1st May,18
NEFT Transaction Limits (how many free per quarter)
Unlimited
NEFT Fees (Branch)
Free (Effective 1st July, 2019)
NEFT Fees (Online)
NIL, effective 1st May,18
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
Existing - First 5 transactions (Financial + Non Financial) free / Revised - w.e.f. 1st Oct'19 - First 5 Financial and first 10 Non-Financial transactions free
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.Effective 1st June - Introduction of ATM Cash withdrawal transaction failure charges at other banks domestic ATM due to insufficient fund in customers Savings Account - Rs 25 per instance
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.8.5 per transaction
International Cash Withdrawal fees (ATM)
Rs.125
International Balance Enquiry fees (ATM)
Rs.25
Surcharge on Railway Tickets purchased with Debit Card
2.5% of the sale amount (Min Rs. 10) + Rs.30 per transaction
Surcharge at Petrol Pumps
2.5% of the sale amount (Min Rs.10)
Cross Currency Mark-up on International Debit Card Transactions
3.50%
Outward Cheque Return
Rs.150 per cheque
Inward Cheque Return
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
Outstation Cheque Return
Effective 1st June'19,Revision in Outward Cheque Return - Rs.200 per instance
ECS Debit Failure
Rs. 500/- per instance,effective 1st May,2018
Standing Instruction Failure Charges on Loan EMIs and Credit Card Dues
Rs.250 + GST applicable from 1st July'2017. Standing Instruction Failure Charges on Recurring Deposit & Mutual Fund. Charge w.e.f 1st May18 will be Rs. 50 per instance
Card Replacement Fee
Rs.200
Additional MyDesign Card - Replacement Fee
Original Replacement Card Fee + Rs. 150
Additional CHIP & PIN enabled card - Replacement Fee
Original Replacement Card Fee + Rs. 50
Additional Chequebook Fee
Rs.60 per chequebook(20 leaves)
Duplicate PIN (Branch mode only)
Rs.100
Duplicate Passbook
Rs.100
Physical Statement Fee at branch, for prior quarters
Rs.100
Stop Payment Instructions: Cheque
Rs.100 per cheque, with a maximum of Rs.200 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
Rs.5 per month
Address Confirmation
Rs.100
Photo Attestation
Rs.100
Signature Verification
Rs.100
Balance Certificate
Rs.100
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
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