Fees and Charges

We have updated our terms and conditions for charges on UPI. To read more, Click here.

With effect from 1st August 2020, Introduction of Transaction fee and limits as per Easy Savings Scheme for accounts not meeting Product Balance requirement/TRV (Threshold based).Click here to view details.

With effect from 1st August 2020, Introduction of ECS/NACH transaction charges.Click here to view details.

With effect from 1st August 2020,Revision in ATM transaction fees on Axis and Non-Axis Bank ATMs.Click here to view details.

With effect from 1st August 2020, Revision in Cash transaction related fees.Click here to view details.

With effect from 1st August 2020, Revision in Locker related fees.Click here to view details.

Initial Funding
Metro/Urban - Rs.15,000 Semi Urban - Rs.6,000 Rural - Rs.3,000
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.600, whichever is lower, with a minimum charge of Rs.150. 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.600, whichever is lower, with a minimum charge of Rs.150. 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.150. 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.10 for every Rs.100 shortfall in required balance or Rs.250, whichever is lower, with a minimum charge of Rs.150. Waived off if AMB is maintained.
Total Relationship Value (for all locations)
NA
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 year (20 leaves)
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.5,00,000.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 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
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 (National and State)
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
Existing - First 5 transactions (Financial + Non Financial)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.
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
Cross Currency Mark-up on International Debit Card Transactions
3.50%
Surcharge at Petrol Pumps
2.5% of the sale amount (Min Rs.10)
Outward Cheque Return
Rs.200 per cheque
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
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
Standing instruction faliure charges on Recurring Deposite & Mutual Fund
Rs.50 Flat per instance
ATM Cash withdrawal transaction failure charges due to insufficient fund in customers savings account
Rs.25 Flat per instance
Additional Charges on Non-Maintenance of Balance applicable to all Branch Locations
ECS/NACH Debit Failure - Rs.650/instance SI Failure - Rs.300/instance Inward Cheque Return - Rs.650/instance Auto Debit Failure - Rs.300/instance Transaction Decline at ATM/POS due to insufficient balance in Savings Account - Rs.50/instance
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
Original Replacement Card Fee + Rs. 150
Additional CHIP & PIN enabled card - Replacement Fee
Original Replacement Card Fee + Rs. 50
Additional Chequebook Fee
Rs.100 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