Quick Answer: Is Axis ASAP Zero Balance Account?

Is Axis Bank ASAP account good?

This done, your Axis ASAP account is good to use.

All you need to do is visit any of our Axis Bank branches within 1 year to regularize your account.

Any balance more than Rs 20,000 in the Axis ASAP account earns higher interest rate thanks to the auto FD feature..

Which Axis bank account is best?

Types Of Axis Bank Savings AccountsEasyAccess Savings Account. … Prime Savings Account. … Future Stars Savings Account. … Youth Savings Account. … Women Savings Account. … Senior Privilege Savings Account. … Pension Savings Account. … Insurance Agent Account.More items…

Can I reopen my closed Axis bank account?

Submit a written application to the bank. … Banks will require KYC (Know Your Customer) documents. These will include PAN card, address proof and identity documents. Banks do not charge fees or penalties to reactivate a dormant account.

Is zero balance account available in Axis Bank?

Axis Bank’s zero balance account offers a zero balance facility, a free debit card and unlimited free cash deposit. Axis Bank’s zero balance account allows you to access more than 12,000 Axis Bank ATMs, over 2,500 Axis Bank branches as well as internet, mobile and phone banking services.

Why is my axis ASAP closed?

AXIS ASAP Savings Account – Terms & Conditions The customer agrees that failure to complete full KYC within 12 months will lead to his account being closed by the bank.

Which bank is better HDFC or Axis?

Some of the key results of the comparison between the two banks are: Lowest Interest rate of Axis Bank Personal Loan is 10.49%, which is lower than the lowest interest rate of HDFC Bank at 10.50%. … HDFC Bank can be a better option if you are looking for a high value amount.

What is Axis ASAP account interest rate?

10.49% – 24% Know More. Starting at 7.99% p.aKnow More.

What is the full name of Axis Bank?

The Bank changed their name from UTI Bank Ltd to Axis Bank Ltd with effect from July 30 2007 to avoid confusion with other unrelated entities with similar name.

Which bank has lowest minimum balance?

ICICI Basic Savings Account.HDFC BSBDA Small Savings Account.SBI Basic Savings Bank Account.Axis Bank Small Basic Savings Account.Indus Small Savings Account.Standard Chartered Bank’s Basic Banking Account.RBL Bank’s Abacus Digital Savings Account.IDFC Bank Pratham-savings account (BSBDA)

Can we close Axis bank account online?

Note: It is not possible to close axis bank account online. Only account closure form can be downloaded online. … After withdrawing all the money, you can visit the branch and obtain an account closure form from the bank. Once you receive the form, you can fill the form.

What is the minimum balance for Axis ASAP account?

Rs. 10,000 EveryHow much balance am I required to maintain in my Axis ASAP Account? You Need To Maintain Minimum Balance Of Rs. 10,000 Every Month.

Which bank account is best in India?

Best Savings Bank Account in India 2021#1. Kotak 811 Savings Account Review (Fastest Online Account Opening)#2. RBL Bank Saving Account (Highest Savings Interest Account)#3. IndusInd Bank Savings Account (Highest Interest Rate)#4. ICICI Bank Savings Account (For Best Technology)#5. … #6. … #7. … #8.More items…

Can I open a zero balance account in HDFC Bank?

In order to encourage people to make savings and open a Savings Account for this purpose, banks also provide a zero-balance saving account. … You can open a Savings Account, but you don’t have to maintain a minimum balance for it.

Can I close my axis account online?

Note: There are no such ways to close the axis bank account online. You can download the closure form online but you need to visit the branch to submit the closure form so that you can close your axis bank account.

Is my money safe in Axis Bank?

Axis Bank is the third-largest bank in the private banking sector in India and hence it is very safe to invest. … Axis bank has a separate brand image for customer service and maintaining customer relationships.