Axis Bank

One of the leading private sector banks, Axis Bank stands at the third number in India’s largest banks. The bank started its operation one year later in 1994 after it was established in 1993. With a huge plexus of 4,000+ branches in India along with a colossal number of ATMs going all the way up to 11,801 and 4,900 cash recycling units, This Bank has one of the biggest market presence as of March 31, 2019. Axis Bank services are also available internationally with its branches in Colombo, Shanghai, Hong Kong, Singapore, and Dubai along with the offices of representatives in Dubai, Abu Dhabi, Dhaka, and a subsidiary in the United Kingdom.

The plethora of smart services that Axis Bank provides are listed below.axis-bank

Services Offered By Axis Bank

Axis Bank provides a parade of services, discussed below.

Axis Bank Savings Account

A list of various types of savings account is on the list of services for the customers to choose from. This bank tries to make sure that customers having all the respective needs can come here and find a solution for themselves. It offers premium savings account to regular ones, and online as well as an offline savings account. 

The interest rates offered are:

  1. 3.5% up to INR 50 lakhs.
  2. 4% from INR 50 lakhs to INR 1 crore.
  3. 6% for the balance up to 100 crores.

Axis Bank services also include a service of ASAP Instant savings account, where you get the facility of maintaining zero balance. It also provides a very high rate of interest of up to 7.25%. However, it has a daily withdrawal limit and it is up to INR 50,000 and a purchase limit of up to INR 4 lakhs via online rewards card.

Axis Bank Current Account

This account can be modified as per the size of your business or according to your needs. The bank also offers an overdraft facility to the Axis Bank’s current account holders who have a good credit record. The bank offers a variety of current accounts such as,

  • Normal Current account, this account offers a free deposit up to INR 2 lakhs in a month. Daily withdrawal of up to INR 1 lakh. The minimum balance required at any given time is INR 10,000.
  • Business Advantage Current account, you can deposit up to INR 3 lakhs a month free at your branch. Daily withdrawal can go up to INR 3 lakhs per day and the required minimum balance is INR 25,000.

Axis Bank Loans

One can take loans from Axis bank for several purposes. The loans given by the Bank are- 

Home Loan

Axis bank provides ten types of home loans which are started from Rs. 3 lakh. The interest is very low in this bank which is only 8.90 p.a. Apart from that, the interesting fact is that this bank sanction loans also for the NRIs.

Personal Loan

An individual can take a personal loan from Axis bank for spending a vacation or medical emergency or for higher studies. The loan is sanctioned within 3 to 5 days. One can get from Rs. 50000 to Rs. 15 lakh as a personal loan. The tenure is varied with the amount of loan from 1 year to 5 years.  

Business Loans

The customers can avail of a business loan from Rs. 50,000 to 5 lakh for purchasing machinery and settle up their own business. These loans come with a remunerative interest rate of 14.25% and one needs not to show a bunch of documents as well.  

Two Wheeler Loan

The tenure for this loan is 60 months and ICICI bank offers 85% on-road funding. If someone is willing to funding for accessories, then he can get an additional 8% loan. 

Loan Against Property

This loan starts from 5 lakh and comes with a lucrative interest rate of 11.15%. However, the tenure of 20 years is also suitable for customers. 

Car Loan

Axis bank offers a car loan based on the showroom price of the car. The tenure is varied for up to 7 years. The salary account holders of the bank can get some extra benefits. 

Gold Loan

The repayment period is up to 3 years. An individual can easily get the gold loan from the bank against his gold ornaments. Axis bank services offer a huge range of payment options which is helpful in fulfilling all the financial exigencies. 

Educational Loanaxis-bank-education-loan

Simple documentation, the low-interest rate is best suitable for youngsters who want to do further studies. The interest rate is varied based on the loan amount. The interest rates are up to 13.7% when the borrowers take an educational loan of greater than 7.5 lakhs.  

Axis Bank Cards

Debit Card

You can avail of the facility of seamless cashless transactions with the help of the debit cards that are offered by Axis Bank. All the cards are enough to meet each and every type of needs and requirements that a customer could possibly have. It offers 22 types of debit cards to fulfill all the requirements of the customers. 

Credit Card

All the credit cards provided by the Axis bank carry a lot of rewards and discounts with them. These cards don’t let you suffer from huge payments at once but allow you to bifurcate the amount in little monthly amounts that don’t levy a huge burden on your pocket. These monthly amounts are known as EMIs. 

Axis Bank Investment Option

Recurring Deposit

Recurring deposits start from only Rs. 500 monthly and the interesting fact is that there is no maximum limit in this Axis bank services. The tenure varies from 6 months to 10 years. 

Fixed Deposit

To open a fixed deposit, the customers of Axis bank doesn’t take so much hectic as they can easily open their FD from the home online. The minimum amount for FD is Rs. 5000 and the tenure starts from 1 week to 10 years. 

Axis Bank Insta Banking

Mini Statement

Missed call facility, Net banking, ATM is the best way to avail the mini statement of an Axis bank’s account holder. They can get their mini statements in two languages – Hindi and English. 

Net Banking

From checking the balance to open an FD, it offers smart and hassle-free features like net banking. With this service, one can easily transfer their money and pay their bills from anywhere. 

Balance Inquiry

It offers missed call facility, ATM, passbook, SMS facility, net banking by which the customers can easily come to know about their account balances. 

Avail 24*7 Customer Service of Axis Bank

The customers of the bank are really reliable and available 24*7. One can easily clear his queries and access his account in a jiffy with the help of the customer service. One can also directly visit our branch in Pocket 1, Sector 14, Dwarka, Delhi, 110075. You can also call Axis Bank on our toll-free number 1860 419 5555.

Axis Bank Customer Review

The customer care service of Axis Bank is one of the best in the industry. The representatives here, are well trained and professional to assist you with any of your queries and it’s our responsibility to provide you the solution as soon as possible. 

Other Banks – ICICI BankHDFC BankSBI Bank – State Bank of India