Table of Contents
- 1 What is the minimum balance for Axis ASAP account?
- 2 What are the drawbacks of zero balance account?
- 3 What is Axis ASAP account interest rate?
- 4 Can I get debit card for Axis ASAP account?
- 5 How much money can we keep in zero-balance account?
- 6 Which bank is best for zero-balance account?
- 7 What is the full form of ASAP account?
- 8 What is the benefit of Axis bank account?
- 9 What is ASAP account in Axis Bank?
- 10 Is it safe to open an Axis bank account?
- 11 What is axaxis ASAP and how it works?
What is the minimum balance for Axis ASAP account?
Axis Bank’s ASAP account is a digital only account that offers all these benefits. While there is no minimum balance requirement, any amount above Rs 20,000 is automatically swept into its auto-FD feature and fetches you higher interest rates.
What are the drawbacks of zero balance account?
Disadvantages of Zero Balance Savings Account Online zero balance accounts have an initial balance limit of Rs. 1 lakh. These restrictions can be removed after the KYC process. Foreign contributions cannot be made to zero balance accounts.
What is Axis ASAP savings account?
Axis ASAP is a fully loaded Digital Savings Account. Get your Bank Account Number Instantly: You can open your Axis ASAP account within a few minutes & you receive your account number immediately. • Auto FD: Your Axis ASAP account gives you higher interest rates on balances above Rs 10,000 through its Auto FD feature.
What is Axis ASAP account interest rate?
Interest rates on Axis ASAP accounts have been increased from 6.75\% to 7.10\% p.a. Transfer more than Rs 10,000 to your Axis ASAP account & earn upto 7.10\% p.a. Withdraw anytime. T&Cs apply.
Can I get debit card for Axis ASAP account?
After opening Axis ASAP saving account online, you will get free Virtual Debit Card. You can also apply online for ASAP physical Debit card online. Axis Asap Physical Debit Card comes with a daily withdrawal limit of Rs 50,000 & shopping limit of Rs 4,00,000.
How can I close my Axis bank ASAP account?
Not only Axis bank, but you cannot close any bank accounts online (except a few online banks). You can download the account closure form online, but you need to visit your home branch along with your Passbook, Chequebook, and Debit Card to close your bank account.
How much money can we keep in zero-balance account?
Zero Balance Savings Account is a type of account where you are not required to have a minimum balance. A majority of banks in India keep a limit of Rs 10,000 per account to maintain the account. Note that banks themselves will not offer a zero balance account, rather customers are required to ask the banks for it.
Which bank is best for zero-balance account?
Latest Interest Rate for Zero Balance Savings Account
| Bank | Name of zero-balance savings account | Interest rate |
|---|---|---|
| Kotak Mahindra Bank | 811 | 4\% to 6\% |
| Standard Chartered Bank | Basic Banking Account | 0.5\% to 4.90\% |
| HDFC Bank | Basic Savings Bank Deposit Account | 3.50\% to 4\% |
| Axis Bank | Basic Savings Account | 3.50\% to 4\% |
How can I close my Axis Bank ASAP account?
What is the full form of ASAP account?
ASAP: As Soon As Possible ASAP stands for As Soon As Possible.
What is the benefit of Axis bank account?
Monthly Service Charge (in Rs.) Business Classic Debit card issuance and annual fees (in Rs.) Business Platinum Debit card issuance and annual fees (in Rs.)…Key fees on your Account.
| NEFT / RTGS / IMPS transactions (Outward) | |
|---|---|
| NEFT/RTGS – other digital channels | Free |
Who can open axis ASAP account?
To open your Axis ASAP Digital Savings Account you will need to fulfil the below requirements:
- You should be an Indian citizen.
- You must have a original PAN and Aadhaar number.
- Your Aadhaar must be linked to a valid mobile number.
- You must be at least 18 years of age.
- You should be applying for account opening from India.
What is ASAP account in Axis Bank?
Axis Bank’s ASAP account is a completely digital savings account that brings the bank to your doorstep. It offers all the benefits of a regular savings account with almost no additional charges for basic account services. All you need to open an account is your Aadhar card, PAN card, and a few minutes of your time.
Is it safe to open an Axis bank account?
Never ever open account with axis company .They are no 1 fraud.i lost more than 2000 rupees as consolidation charges. As on date , this account is no more zero balance account. Kindly check schedule of charges before opening this account.
Is Axis Securities a good broker?
Axis Securities is a popular full-service brokerage in India that offers its investment facilities to over 400,000 users. Axis Securities account holders can learn more about investing, conduct their due diligence and trade a variety of financial instruments — all through the Axis Direct platform.
What is axaxis ASAP and how it works?
Axis ASAP is truly a new-age digital savings account with no paperwork and documentation, right from opening the savings account to carrying out transactions. While charges on most of the basic account services are nil, you can enjoy all benefits of a full-fledged savings account.