AXIS Bank Savings Account – In the emerging technology world, you don’t need to walk to the bank branch for opening Savings Account. It can be opened on online within few minutes. Many Private sector and Public sector commercial banks are offering online savings account opening through their Corporate Website and Mobile Application.
A savings account is a basic type of bank accounts that allows you to deposit money, keep it safe, withdraw funds, and above all it earns interest. As the name suggests, the main purpose of a savings account is saving funds for your future use. To know more about what is savings account? Click Here
How to open AXIS Bank savings account online?
Axis Bank is the third largest private sector bank in India. Axis Bank’s corporate office is located at Mumbai, India and Registered office is located at Gujarat, India. It is one of the first new generation private sector banks to have begun operations in 1994. As on 31.03.2021, The Bank has a total number of 4,594 domestic branches with 11,333 ATMs & 5,710 cash recyclers across the country. With a balance sheet size of Rs. 9,96,118 crores as on 31st March 2021, Axis Bank has achieved consistent growth and with a 5-year CAGR (2015-16 to 2020-21) of 13% each in Total Assets & Advances and 15% in Deposits.
You can open Axis banks savings account instantly by the following steps:
Firstly, visit Axis bank’s corporate website https://www.axisbank.com/retail/accounts/savings-account for opening savings account. There you will see the verity of savings accounts which are customized based on the Individual needs
|1. Easy Access Digital Savings Account||8. Future Stars Savings Account|
|2. Prime Digital Savings Account||9. Pension Savings Account|
|3. Prestige Digital Savings Account||10. Insurance Agent Account|
|4. Burgundy Digital Savings Account||11. Youth Savings Account|
|5. Priority Digital Savings Account||12. Basic Savings Account|
|6. Women’s Savings Account||13. Small Basic Savings Account|
|7. Senior Privilege Savings Account||14. Inaam Personal Account|
From the above list, you can open the first five accounts digitally. Now Let us see, how to open Easy Access Digital account online?
Click on the “Open Online” button in the ‘Easy Access Digital Savings Account’. Then you will be moved to the next screen.
Here you click on the “–>” button on the Easy Access section. Then you will be moved to the product features screen.
Here you will see the all features such as Debit card details, Complimentary details, Initial funding details. Check all these details and click on the “Apply Now” button then it will ask your Location Access and Video KYC concern. Click on “Continue” to move on to the next screen.
Verification via PAN and Aadhar
In the next screen, it will ask for your PAN, Aadhar Number and Mobile Number which is linked to Aadhar. Enter all these details correctly and give your concern for Terms and Conditions and then click on “Proceed” button. And then it will ask for your Aadhar Concern, press on “Agree” button to proceed for the next screen.
Then you will receive an OTP to your Aadhar linked Mobile number. Enter your OTP for validation. On successful validation it will move to your next screen. There you will see your Personal, Family and Address Section.
Fill In your Details
Click on ‘+‘ button on each section and fill all mandatory field such as Email, Marital status, Educational Qualification, Annul Income, Father Name, Mother Name, Communication Address and Nominee details.
And also select ‘Axis bank branch’ from the available branch list which is displayed based on your communication address location. Then select “Yes/No” in ‘I am an Indian citizen and Pay taxed only in India’ section and press “Review and Proceed” button.
Complete Your KYC via Video Call
In the next screen it will ask for your concern for Video KYC process. Click the check box and click on “Check Agent Availability” button.
Then, It will search for the Agent for Video KYC verification. After finding the agent it will ask for your Camera and Microphone permission. Click on “Allow” button and then click on “Click here to start your Video KYC” button.
Then Axis bank agent will make video call to you and ask your basic details for confirmation. Also You have to show your original Pan card and your face on video call. On completion of video call, Your video KYC will be completed successfully.
Fund Your Axis Bank Savings Account
Your account opening process is almost completed now. Next step is to fund to your account as opening balance. Generally opening balance amount will be vary based on the type of account you select. In this case of Easy Access account, the opening balance amount is Rs.15,000/-. Furthermore, you can initiate fund transfer using Debit Card, UPI and Net banking.
Finally, after the completion of initial payment process, you can see your virtual card details and CVV. Take screen shot of Virtual card and also account details for future use. And then generate PIN for E-Debit card for future use. Finally, you will see your Account number, IFSC code and branch details. Now your Axis bank savings account is ready for your use such as Cash deposit, Withdraw and Fund Transfer.