What is Axis Bank products and services?

What is Axis Bank products and services?

Axis Bank Products and Services Personal Banking. Corporate Banking. NRI. Priority Banking.

What is special about Axis Bank?

Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses.

Which account of Axis Bank is best?

Prime Savings Account

  • Unlimited (free) cheque books, without any charge.
  • Unlimited (free) Demand Draft (DD), without any charge.
  • A Secure Plus Debit Card, at a zero issuance fee.
  • Daily withdrawal limit of Rs 50,000 at ATMs.
  • Daily limit of Rs 75,000 on shopping transactions.
  • Earn Axis eDGE Reward points.

What all services do Axis Bank offers?

Current Account Axis Bank Current Accounts come with features like “Anywhere Banking”. Users can also avail digital services such as SMS alerts and NEFT/RTGS transactions for free.

What are bank products?

(ˈbæŋkɪŋ ˈprɒdʌkt ) one of the various services offered by a bank to its customers: mortgages, loans, insurance etc. We offer a full range of banking products, from current and saving accounts to loans and mortgages.

What is the full form of Axis?

Full form of Axis Bank Full form of UTI Bank: United Trust of India. Actually, AXIS bank has no Full form. Axis bank origin was in 1993 at Ahmedabad, as UTI Bank (UTI bank full form: United Trust of India). The United Trust of India (UTI) was considered as one of the largest private banks in India.

What are banking products?

What is Axis Bank minimum balance?

The minimum balance requirement for easy savings and similar programs in Metro, Urban areas has been increased from Rs 10,000 to Rs 12,000. Axis bank customers should note that the change in monthly balance requirement only applies to plans with an average balance requirement of Rs 10,000.

Which bank has zero-balance?

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%

What are the types of banking services?

Services of Banks

  • Advancements of loans.
  • Cheque payments.
  • Discounting on bills of exchange.
  • Collecting and paying the credit instruments.
  • Guarantee by banks.
  • Consultancy.
  • Credit cards.
  • Funds remittance.

Does a bank have products?

Savings accounts. Debit and credit cards. Merchant services (credit card processing, reconciliation and reporting, check collection) Treasury services (payroll services, deposit services, etc.)

What is salary account?

A salary account is a type of savings bank account in which an employee receives their salary from the employer every month. Major companies and corporations have their tie-ups with specific banks where they open the salary account of all of their employees.

What is monthly service fee axis?

Average Monthly Balance (AMB) of Rs. 5,000. Account Service Fee (Semi Urban) 7.5 per 100 of the shortfall from AMB requirement or 300 whichever is lower.

What is minimum balance in Axis Bank?

What are the types of product in bank?

Banking Products

  • Savings Account. An account that delights you with rewards, security and ease of banking.
  • Family Wealth Account. Share a wealth of privileges and tailor-made solutions with your family.
  • Home Loans.
  • Car Loans.
  • Foreign Exchange Services.
  • October 1, 2022