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Axis Republic Salary Account

Axis Republic Salary Account is crafted specifically to cater to the needs of Government and Public sector unit employees. After opening the account, employees can avail special benefits such as waiver of annual joining fee on debit cards, apart from other banking features. Axis Republic Salary Account also provides health insurance benefits for senior citizens/parents of the account holders.

Features & Benefits

Earn 2.50% interest on daily balances, quarterly

Click here   to view the new interest rate of Savings Account.

Enjoy zero opening deposit and monthly balance requirement

Zero Minimum Opening Deposit and Nil Average Monthly Balance Requirement*

Free, unlimited chequebook and DD/Pos

Unlimited, free, payable-at-par chequebooks
Unlimited, free, Demand Drafts/Pay Orders, at Axis Bank locations

Bank easy with Axis Republic Debit Card at nil issuance and annual charge

  • Free Axis Republic Debit Card for primary account holder with nil issuance and annual charges

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Discounts at health care providers for senior citizen parents of account holders

Up to 50% off at over 200 diagnostic centres and up to 15% off on medicines at 1400 Apollo pharmacies

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Avail locker services at a preferential price

10% discount on locker rent for the first year

Bank at your convenience

Free SMS alerts, access to 16,000+ Axis Bank ATMs, 5,500+ Axis Bank branches as well as internet and mobile banking services

Avail of free monthly e-statements

SMS – GREEN to 5676782 to register for monthly e-statements.

Carry out free NEFT/RTGS transactions

Free, unlimited online NEFT /RTGS transactions.

Protection for self, family, and assets*

  • Personal Accident Death Cover*: In the unfortunate event of a mishap resulting in loss of life, the customer's beneficiaries will receive accident insurance
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Family Banking Program

Enrol family members to extend the account benefits. You can also:

  • Choose a Family Name
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Eligibility for Axis Republic Salary Account

The opening of Axis Republic Salary Account requires fulfilment of certain eligibility criteria, as it is meant specifically for Government Companies and Public Sector Units. The application for Axis Republic Salary Account can be made online or at your nearest Axis Bank branch, by submitting the necessary documents. Make sure all your documents are in order for a hassle-free account opening process.

Documentation for Axis Republic Salary Account

To open this account, you must have introduction from the company in the Bank's format (Stamped and Signed by the authorized signatory). You must also provide the below documents for Primary, Joint Applicant and/or Joint Applicants application. These documents are most preferred, but for a full List of permissible Address and ID proof documents click here. for a full List of permissible Address and ID proof documents

Two latest passport-sized photographs

Address Proof:

  • Telephone / Mobile / Electricity Bill. Any connection to be at least 6 months old preferably in the name of the account holder / spouse / family member.
  • Gas connection registration letter
  • Income tax / Wealth tax assessment order
  • Registered lease / leave and license agreement with a utility bill in the name of the landlord
  • Aadhaar Card

ID Proof:

  • Aadhaar Card
  • Passport
  • Election Card
  • Photo Identity issued by Government / Defence services / Public Sector undertaking
  • Letter from recognized Public Authority / Defence Authority / Public Servant verifying the identity and photograph of the applicant.
  • Driving License
  • Employment proof

Fees & Charges

The fees and charges for Axis Republic Salary Account are nominal and transparent, with no hidden costs.

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Terms & Conditions

Savings account under salary scheme is a special account offered to customers with regular direct salary credits coming into this account. In case the monthly salary is not credited into the account for more than 3 consecutive months, the special features offered under the said account stands withdrawn and the account shall be treated as a normal savings account under our standard charge structure. Monthly Average Balance (MAB) is required to be maintained and all charges shall be levied and applied as applicable to normal savings accounts. Moreover the Know Your Customer must be complied with as applicable to a normal savings bank account and documents are to be submitted, failing which there would be a credit freeze marked on the said account. The features of normal savings bank account and charge structure are available on the bank's website – www.axisbank.com. You may please contact your nearest Axis Bank branch for further details.

*T&C Apply

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