Axis Bank Easy Access Savings Account vs HDFC Bank Savings Account

Interest Rate

Less than Rs. 50 lakhs: 3.00% p.a.; Rs. 50 Lakhs and up to less than Rs. 10 Crs: 3.50% p.a.
3.00% - 3.50% p.a.

Minimum Balance

Zero Balance Savings Account OR Metro - Rs. 10,000; Urban - Rs. 10,000; Semi Urban - Rs. 5,000; Rural - Rs. 2,500
Rs. 10,000 for Urban branches; Rs. 5,000 for Semi Urban branches; Rs. 2,500 for Rural branches

Monthly Average balance

Metro- Rs.16,000 Urban - Rs.15,000 Semi Urban - Rs.6,000 Rural - Rs.3,000
Rs. 10,000 for urban branches; Rs.5000 for semi-urban branches; Average quarterly balance of Rs. 2500 or FD of Rs.10,000 for minimum 1 year 1 day for rural branches

Features

* Personal accident insurance cover of up to Rs. 5 Lakhs if swiped the card once every 90 days

* When making durable purchase using debit card, get insured against fires, natural calamities, burglary, and housebreaking up to 90 days from date of purchase making the user eligible for Purchase Protection Plan of up to Rs. 50,000 

* Internet and mobile banking services 

* Monthly E-Statements 

Sweep-In/Email and SMS Alerts

E-Statement

Payable-at-par Chequebook

BillPay

NetBanking and MobileBanking

ATM facility

Documents Required

* Duly filled and signed application form

* Two latest passport size photographs

* Address and identity proof

* Only a single copy of the document is required if it is listed under both address and identity proof, e.g. Passport/Aadhar Card

* If mailing address and permanent address are different, provide address proof documents for both

To obtain Axis Bank Credit Cards please click here. To open an Axis Bank savings account please click here

* A filled-up application form

* Passport, Voter ID card, PAN card, Permanent Driving license, Aadhar card, NREGA job card, or ID card issued by central or state governments, PSUs, scheduled commercial banks

* Employment Proof

* Latest passport size photographs


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