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Axis Bank's Basic Savings Account offers top-tier banking facilities without the necessity of maintaining a minimum balance. This account comes with advantages such as complimentary cash deposits, effortless banking through widespread branch and ATM networks across India, along with Internet and Mobile Banking capabilities. You'll receive electronic statements, SMS notifications, and a passbook with the Basic Savings Account, ensuring you're constantly informed about your account status and transactions. Any variations in the mentioned benefits will be communicated to respective customers via SMS on their registered mobile number.
Click here to view the new interest rate of Savings Account
Get access to 14000+ Axis Bank ATMs, 5800+ Axis Bank branches as well as internet, mobile and phone banking services.
Bank stress-free with no minimum balance requirement
Get monthly e-statements, passbook, SMS alerts
Available for primary and joint account-holder.
High daily withdrawal limits of ₹40,000 at ATMs and ₹1,00,000 for shopping transactions.
You can only open a Basic Savings Account if you do not have any other Savings Account with Axis Bank. Please find below the different Basic Savings Account eligibility criteria required to open an account.
Entities eligible for Basic Savings Account
To be eligible for opening a Basic Savings Account with Axis Bank, an individual must live in India and should not already have a Savings Account with Axis Bank. In case there is an existing account, it needs to be closed before one can open a Basic Savings Account. Furthermore, once the Basic Savings Account is opened, the individual is not permitted to hold any other Savings Account in Axis Bank.
You will have to submit certain documents to open the Axis Bank Basic Savings Account. The documents for Basic Savings Account vary for individuals, Hindu Undivided Families and Joint Basic Savings Account. Here are the documents that you will need.
Keep your documents ready
Documents for Basic Savings Account for an Individual:
Documents for Basic Savings Account for a Hindu Undivided Family
Documents for Joint Basic Savings Account

When you sign up for the Basic Savings Account, certain fees and charges may be applicable. The Basic Savings Account charges are nominal and are disclosed upfront, so you know what you are paying or being charged for. To view the complete list of fees and charges for Basic Savings Account
Click on these links to know more about accounts safety. You can update your PAN and register for e-statement here.
Applicant should not have any existing Savings Account with Axis Bank prior to the opening of Basic Savings account. If any existing Savings Account is available, same needs to be closed by the customer by providing a closure request. The Bank has a right to freeze operations and/or close the other Savings Account(s), if such account(s) is/are not closed by the customer within 30 days of opening the Basic Savings Bank account An existing Basic Savings bank customer cannot open another Savings Account with Axis bank
To view all the Terms & Conditions, click here for Terms & Conditions.

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