Axis Bank ASAP is a Digital Savings Account that you can open anytime and anywhere by simply using your Aadhaar and PAN details. With just 3 quick-click steps, it’s the fastest way to open a bank account!! Your ASAP account doesn’t ask for physical documents or a minimum balance. All it promises is a convenient, stress-free banking experience. You also get transactional convenience through a UPI facility and a Complimentary Virtual Debit Card with a ton of value-added benefits through deals and rewards and more.
What are the other benefits of opening an Axis ASAP Account?
- Your Axis ASAP account comes loaded with features that have been included to make banking hassle-free ae and delightful for you.
- Enjoy a no-strings-attached Zero Balance Account
- Earn up to 6.75%* interest p.a. on your account balance
- Get a Complimentary Virtual Debit Card / Optional Visa Online Rewards Debit Card to enjoy tons of online shopping offers
- Avail of Higher Interest Rates through auto-sweep Fixed Deposits facility above INR 10,000
- Get account statements, fund transfers, and bill payments without paying any charges
- Online Rewards Card Daily withdrawal limit of Rs. 50,000/- and purchase limit of Rs. 4,00,000 /- Virtual Visa Card Online Daily Purchase limit of Rs. 1,00,000/-
- Get your account number instantly
- Shop or redeem your Axis eDGE Reward points
- Book your flights, bus tickets, or hotels conveniently
- Book an FD/RD anytime and anywhere
- On Opening an Axis ASAP Account, get a flat Rs 150 off (one-time offer) when you book tickets on BookMyShow through your ASAP account
* 6.75% p.a. interest through auto FD feature (balance above Rs. 10,000 get one year FD rate, currently at 6.75%)
- Eligibility Criteria
- Individuals of age 18 years and above
- Resident Indian
How To Open An Axis ASAP Instant Savings Bank Account With Aadhaar & PAN :
- account can be opened anytime, anywhere simply using your PAN and Aadhaar details. Until a few years ago, your proof of address and Permanent Account Number card were enough to open a savings account. But now, as the Government intends to link Aadhaar to curb money laundering and tax evasion, Aadhaar is almost your primary id. The most interesting part of the Axis ASAP account is that physical documentation isn’t required. You can literally open an account in just a few minutes, following three simple steps by entering your name, mobile number, Aadhaar, and PAN. A one-time password will be shared on your registered mobile number and a is opened with a number assigned. It is convenient and offers a stress-free banking experience.
The maximum amount that is permitted to be kept in this account, at any given point in time, is Rs 1 lakh. The overall cumulative in the account cannot exceed Rs 2 lakh, and if does exceed, complying with all the formalities of a ‘full KYC account’ is a must within a year. Full KYC needs to be done through fingerprint verification at your nearest Axis Bank Branch within a year.
Once you convert the Axis ASAP account to a full KYC account, transaction limits will stand increased:
CURRENT(RS) | AFTER KYC COMPLETION | |
---|---|---|
MAXIMUM BALANCE ALLOWED IN THE ACCOUNT | 100,000 | Unlimited |
SUM OF ALL CREDITS ALLOWED IN THE ACCOUNT IN ONE YEAR | 200,000 | Unlimited |
Fees & Charges
Check the fees and charges of the Axis ASAP account.
Axis ASAP Account | Fees / Charges | |
Basic Service Fees | Initial Funding | NIL |
Average Balance Required | NIL | |
Account Service Fee | NIL | |
Primary Debit Card: Type | Virtual Visa Debit Card / Visa Online Rewards Debit Card (Optional) | |
Primary Card: Issuance Fees | Virtual Visa Debit Card (No charge) / Visa Online Rewards Debit Card (Rs 300) | |
Primary Card: Annual Fees | Virtual Visa Debit Card (No Charge) / Visa Online Rewards Debit Card (Rs 500) | |
Cheque book Issuance: Number of Cheque books free | NA (No | |
Account Closure | Rs 500** | |
NetSecure with 1 Touch – Issuance fee | Rs 800 | |
*Terms and conditions | ** Charges are levied if an account is closed between 14 days and 6 months. No charges would be levied if an account is closed within 14 days of account opening or after 6 months | |
Transaction Fees | Daily withdrawal limit and Shopping limit | Online Rewards CardDaily withdrawal limit of Rs. 50,000/- and purchase limit of Rs. 4,00,000 /- Virtual Visa Card Online Daily Purchase limit of Rs. 1,00,000/- |
Fees on Cash Deposits and Withdrawals above limits | Rs.5 per Rs.1000 or Rs.150, whichever is higher | |
RTGS Fees (Online) | NIL | |
NEFT Fees (Online) | NIL | |
IMPS Fees | NIL | |
Axis Bank ATM: No. of Free Transactions | The First 5 transactions (Financial + Non-Financial) free | |
Non-Axis Bank ATM: No Free Transactions | Non-Financial) free in Metro Locations (Mumbai, Delhi-NCR, Chennai, Kolkata, Bangalore, and Hyderabad ), or – First 5 transactions (Financial + Non-Financial) free in all Other Locations | |
Axis/Non-Axis ATM: Cash Withdrawal (financial transaction)fees beyond limits | Rs.20 per transaction | |
Axis/Non-Axis ATM: Balance Enquiry (non-financial transaction)fees beyond limits | Rs.8.5 per transaction | |
International Cash Withdrawal fees (ATM) | Rs.125 | |
International Balance Enquiry fees (ATM) | Rs.25 |