To open a student account in Axis Bank, visit your nearest Axis Bank branch and carry necessary documents such as ID proof, address proof, and student ID card.
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Opening a student account in Axis Bank is a straightforward process that can be done by visiting your nearest Axis Bank branch and carrying the necessary documents. A student account provides various benefits such as a no-minimum balance requirement, a free debit card, and a higher interest rate on savings.
To open a student account, you will need to carry the following documents:
- ID proof such as Aadhaar card, Passport, or Driver’s License
- Address proof such as Aadhaar card, Passport, or utility bill
- Student ID card from a recognized educational institution
It is advisable to carry multiple copies of these documents to ensure that the account opening process is smooth and fast.
According to Warren Buffet, “Do not save what is left after spending, but spend what is left after saving.” A student account is an excellent way to start practicing this philosophy by taking advantage of the higher interest rates provided and beginning to save for the future.
Axis Bank was the first bank in the country to introduce an Aadhaar-based savings account opening process. The bank has over 4,000 branches and more than 12,000 ATMs across the country.
Benefits of Axis Bank Student Account:
| No minimum balance requirement
| Free issuance of debit card
| Higher interest rate on savings
| Free Net banking facility
| Free mobile banking facility
In conclusion, opening a student account in Axis Bank is a simple process that provides numerous benefits to students. With a little preparation and a visit to the nearest Axis Bank branch, students can start their journey towards financial independence.
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Considering this, Can a student open account in Axis Bank? Response will be: The Account provides students with e-statements, SMS alerts and a passbook, so they are always updated on their account status and transactions related to Government Grants & Scholarships.
Which Axis Bank account is best for students? Youth Savings Account
- Debit Card. Visa Classic YOUth CardDaily ATM Withdrawal limit of Rs. 40,000.
- Product features. 4 Cash transactions free per month across any Axis Bank branch.
- Offers & Discounts. Personalised image debit cardEnjoy up to 15% discount at over 4000 restaurants.
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Similarly one may ask, What documents required for student bank account in Axis Bank? Keep your documents ready
- Two latest passport size photographs.
- Address and identity proof documents.
- For a full list of address and identity proof documents, click here.
- Only a single copy of the document is required if it is listed under both address and identity proof, e.g. Passport / Aadhar Card.
Also, What is the minimum balance in Axis Bank for students? The answer is: Starting 01 April 2022, the minimum balance in your Axis Bank Easy Access Savings Account should be ₹12,000 for metro and urban locations, ₹5,000 for Semi Urban and ₹2,500 for Rural.
Also Know, Can I open another savings account with Axis Bank?
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 Government Scholarship Savings Bank account. An existing Government Scholarship Savings bank customer cannot open another Savings Account with Axis bank.
Besides, Why should you choose Axis Bank?
The reply will be: Axis Bank provides its customers with the option of choosing from a wide range of Savings Accounts with different features and benefits. The Savings Accounts are designed to meet the banking needs of people from all walks of life. Each Savings Account offers unique features such as high transaction limit, free cheque books, etc.
What are the benefits of Axis Bank’s government scholarship savings account? The reply will be: Axis Bank’s Government Scholarship Savings Account brings you the best-in-class banking services, without the need for any minimum balance requirement. The benefits of this Account include free cash deposits, convenient banking with access to multiple branches & ATMs across India and Internet & Mobile Banking services.
What is the Axis future stars savings account?
As an answer to this: The Axis Future Stars Savings Account is designed to help your child save money from a young age. This savings account can help your child learn how to save, from a young age and can help fulfil their financial goals and obligations, be it their future education and career aspirations or their health and well-being.
Can I open another savings account with Axis Bank? 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 Government Scholarship Savings Bank account. An existing Government Scholarship Savings bank customer cannot open another Savings Account with Axis bank.
Why should you choose Axis Bank?
The reply will be: Axis Bank provides its customers with the option of choosing from a wide range of Savings Accounts with different features and benefits. The Savings Accounts are designed to meet the banking needs of people from all walks of life. Each Savings Account offers unique features such as high transaction limit, free cheque books, etc.
Also, What are the benefits of Axis Bank’s government scholarship savings account? As an answer to this: Axis Bank‘s Government Scholarship Savings Account brings you the best-in-class banking services, without the need for any minimum balance requirement. The benefits of this Account include free cash deposits, convenient banking with access to multiple branches & ATMs across India and Internet & Mobile Banking services.
Likewise, What is Axis Bank youth debit card?
The reply will be: Axis Bank presents the Youth Debit Card – exclusively created for millennials. The eligibility for Youth Debit Card is set at 18-25 year old youngsters. Enjoy exciting benefits, avail protection against loss, and experience financial independence like never before with the Youth Debit Card. Apply for a Youth Savings Account, today.