This document outlines the tariff structure for NRI savings accounts at Axis Bank effective April 1, 2014. It details the monthly average balance criteria for different account types, associated fees for services like debit cards, cheque books, transactions and more. It also provides the NRI customer service contact details for any additional information needs.
This document outlines the tariff structure for NRI savings accounts at Axis Bank effective April 1, 2014. It details the monthly average balance criteria for different account types, associated fees for services like debit cards, cheque books, transactions and more. It also provides the NRI customer service contact details for any additional information needs.
This document outlines the tariff structure for NRI savings accounts at Axis Bank effective April 1, 2014. It details the monthly average balance criteria for different account types, associated fees for services like debit cards, cheque books, transactions and more. It also provides the NRI customer service contact details for any additional information needs.
This document outlines the tariff structure for NRI savings accounts at Axis Bank effective April 1, 2014. It details the monthly average balance criteria for different account types, associated fees for services like debit cards, cheque books, transactions and more. It also provides the NRI customer service contact details for any additional information needs.
BALANCE MAINTENANCE CRITERIA NRI Normal Savings Account (SBNRE and SBNRO) Monthly Average Balance Accounts Location / Branch Category Fees in case AMB/TRV not maintained Rs. 10,000 All Savings and Current Accounts within the same customer ID Metro/Urban /Semi Urban / Rural Rs. 250/- Per Month NRI Prime Savings Account (NREPM and NROPM) Rs. 25,000 All Savings and Current Accounts within the same customer ID Metro/Urban /Semi Urban / Rural Rs. 250/- Per Month NRI PIS Savings Account (NREPI and NROPI) Monthly Average Balance Requirement : NIL
Debit Card Fees
Visa Classic Titanium Prime Titanium Rewards Issuance Fees Rs. 95/- Nil Rs. 500/- Annual Fees Metro/Urban - Rs. 100/- Semi Urban/ Rural - Rs. 50/- Rs. 150/- per year (This will be waived on purchase of Rs. 50000 or 10 purchase transaction of any value in anniversary year using the Debit Card Rs. 300/- Replacement Fees Rs. 100/- Rs. 150/- Rs. 150/- My Design Card Issuance Fee As per Card variant + Rs. 150/- My design Card fees + Taxes Cheque Book Fees NRI Normal NRI Prime Cheque Book Free Limit One multicity Cheque Books Free per quarter (20 leaves) One multicity Cheque Books Free per quarter (20 leaves) Cheque book Issuance Fees beyond Free Limit, if Any (Refer Table) Rs. 50/- per cheque book Account Closure Fees Account closed <= 14 days or > 6 months from the date of account opening Nil Account closed >14 Days to <= 6 months from the date of account opening Rs. 500/- Internet Banking Hardware Token Netsecure with 1 Touch Rs. 800/- (Issuance), Rs. 500/- (Replacement)
TRANSACTION FEES Cash Transaction fees for NRI Savings Account (applicable for NROPM/SBNRO/NROZR) Cash Transaction Free Limit (Metro/Urban) First 5 Transactions or Rs. 10 Lakhs whichever is earlier** Cash Transaction Free Limit (Semi Urban / Rural) First 10 Transactions or Rs. 10 Lakhs whichever is earlier** Post free limit, Rs. 4/- per Rs. 1000/- on the Cash deposit / withdrawal amount or Rs. 100/- whichever is higher shall be charged In addition to the above mentioned fees, service tax/other applicable taxes shall be charged and payable by the customer as per Government Rules and Regulations. Fees shall not be applicable on Cash Transactions at Axis Bank ATMs. ** Value of Transaction will include both cash withdrawals and deposits DD/PO Fees NRI Normal NRI Prime Free Limit Nil Two Per Month DD/PO Fees above free limit, if any Rs. 50/- Per DD/PO Other Fees Outstation Cheque Collection Fees Upto Rs. 5000/- : Rs. 25/- Rs. 5,001 - Rs. 10,000 /- : Rs. 50/- Rs. 10,001 - Rs. 1 Lakh : Rs. 100/- Above Rs. 1 Lakh : Rs. 200/- RTGS Fees Rs. 1 to Rs. 5 Lakhs : Rs. 25/- per Transaction Above Rs. 5 Lakhs : Rs. 50/- per Transaction NEFT Fees Upto Rs. 10,000/- : Rs. 2.5 per transaction Rs. 10,001 - Rs. 1 Lakh : Rs. 5 per transaction >1 Lakh - Rs. 2 Lakhs : Rs. 15 per transaction Above Rs. 2 Lakhs : Rs. 25 per transaction Speed Clearing Fees Free upto cheque amount of Rs. 1 lakh Above 1 Lakh - Rs. 150 Axis Bank ATM Fees Nil Non- Axis Bank ATM Fees: Free Transactional Limit As per Card Variant Non- Axis Bank ATM Fees: Cash Withdrawal fees beyond free limit Rs. 20/- per transaction Non- Axis Bank ATM Fees: Balance enquiry fees beyond free limit Rs. 9.55/- per transaction International Cash Withdrawal Fees Rs. 125/- per transaction International Balance Inquiry Fees Rs. 25/- per transaction Surcharge on Railway Tickets purchased with Debit Card As per Card variant Fuel Surcharge As per Card variant Cross Currency Mark-up on International Debit Card Transactions As per Card variant
TRANSACTION FAILURE FEES Outward Cheque Return Rs.100/- per cheque Inward Cheque Return Rs.350/- per cheque Outstation Cheque Return Rs.100/- per cheque ECS Debit Failure Rs.350/- per ECS return
CONVENIENCE FEES Duplicate Pin issuance (on IVR) Free Duplicate Pin issuance (non- IVR) Rs. 100 /- per instance Duplicate Passbook issuance Rs. 100 /- per instance Duplicate Account Statement Rs. 100 /- per instance Stop Payment Instructions : Cheques Rs. 100 /- per cheque with maximum of Rs. 200/- irrespective of number of Cheques Stop Payment Instructions : ECS Rs. 100 /- per instance DD/PO Cancellation Rs. 100 /- per DD/PO Duplicate DD/PO Issuance Rs. 100 /- per DD/PO DD/PO Revalidation Rs. 100 /- per DD/PO Address Confirmation Rs. 100 /- per request Photo Attestation Rs. 100 /- per request Account Balance Certificate Rs. 100 /- per request Signature Verification / Attestation Rs. 100 /- per request
FEES for PIS accounts w.e.f. 1st May '14 REMITTANCE FEES Normal Prime Priority Wealth Privee PIS Issuance Fees 1,000 1,000 NIL NIL NIL PIS Annual Maintenance Fees 1,500 1,500 750 NIL NIL PIS Reporting Fees* 150 150 150 100 75 *PIS Reporting Fees will be levied per trade date separate for purchase and sale
REMITTANCE FEES Outward Remittances Wire Transfer / TT / Swift Rs. 1000 /- per instance Foreign Currency Demand Draft Rs. 2.50 /- per Rs. 1000/- Inward Remittances FIRC Fees 100/- per Certificate Foreign Currency Deposit at Branch Rs. 25 /- per instance Foreign Currency Cheque Collection Fees Collection Charges for all Currencies Rs. 2.50 /- per Rs. 1000/- Postage Rs. 100 /- per instance In addition to the above mentioned fees, Correspondent Bank charges & other charges shall be charged and payable by the customer.
Please note the following: 1. With effect from 1st April, 2014, Monthly Average Balances of all NRI Savings and Current accounts held under one Customer ID will be consolidated for calculation of Fees to be levied for that particular month (Balances held in NREPI & NROPI ie PIS accounts, will be not be considered for Customer ID level consolidation). 2. In case multiple accounts under the same Customer ID are held across different segments, the threshold Average Balance for the highest segment will be considered and the corresponding services charges would be applicable. 3. With Effect from 1st April 2014, balance maintenance criteria for Savings Segments will move from 15 th to 14 th of the Quarter to 1 st to end of the Calendar Month. 4. The changes in the other charge cycles will also move to calendar monthly/quarterly charge cycle as applicable. For example: Other fees that are currently levied for transactions executed between 15th to 14th cycle will move to calendar month/quarter. Eg. Cash, DD/PO & Cheque book charges beyond fee limit which is currently under broken quarter 15th-14th of quarter/month will move to calendar month/quarter for Non-Salary segments. 5. NRI Schemes out of scope of the balance maintenance criteria: NRI Salary (NRISL), NRE Zero (NREZR), NRO Zero (NROZR), Mariners Account (SBMIA), Foreign National Account-NRO (NROFN), Foreign National Account -Resident (SBFRN), Resident Foreign Currency (SBRFC), NRE Staff (NREST), NRO Staff (NROST) and Foreign National Bangladeshi Account (NROBN). 6. Salary Segment Discounts/waivers on any other fees will be as per the relationship /agreement with the bank.
For more details write to us at [email protected] or contact our NRI International Toll Free Numbers: India : +91-22-2764 8000 (paid service, from anywhere in the world)
USA : 1855-205-5577 (toll-free)
UAE : 8000-3570-3218 (toll-free, from Du & Etisalat service providers)
UK : 0808-178-5040 (toll-free)
Australia : 1800153861 (toll-free, from Optus, Telestra, Reach, Vodafone & Fixed Lines) Saudi Arabia : 800-850-0000 (toll-free, from Mobily, Zain, GO telecom service providers)
Qatar : 00-800-100 348 (toll-free, from Qtel telecom service provider) Canada : 1855 436 0726 (toll-free) Singapore : 800-1206-355 (toll-free) Bahrain : 800-11-300 (toll-free, from Zain, Viva, Batelco & Mena telecom service providers)
Disclaimer: The information contained in this page is subject to change. Axis Bank Limited does not warrant the accuracy, adequacy or completeness of this information and expressly disclaims liability for errors or omissions in this information.