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Axis Bank to revise savings account charges from Dec

By · Published by Everything Blog

In short

The private lender is aligning its fee structure across semi-urban and rural areas by increasing shortfall penalties up to Rs 600. Premium tiers like Burgundy and PRIORITY will see stricter Total Relationship Value requirements, jumping from 75% to 100%. In addition, the bank is discontinuing its EDGE REWARD point programme for several premium domestic and NRI account categories.

Key points

  • Non-metro account holders will no longer enjoy lower penalty caps for failing to maintain…: Non-metro account holders will no longer enjoy lower penalty caps for failing to maintain required minimum balances.
  • Salaried account holders retain their exemption from the bank's revised minimum balance s…: Salaried account holders retain their exemption from the bank's revised minimum balance shortfall penalties.
  • Premium domestic and NRI customers must meet full relationship value thresholds and will…: Premium domestic and NRI customers must meet full relationship value thresholds and will lose EDGE REWARD benefits.

Sources checked by our analysis pipeline: 1

Axis Bank account holders of select domestic and NRI savings accounts will see changes in banking charges, cash transaction limits and reward points under a revised fee structure. The changes will also impact Axis Bank’s Total Relationship Value (TRV) requirement for select premium account categories.

The revised Axis Bank savings account rules are applicable from December 1, 2026. Here is a look at the key changes and how they compare with the existing charges.

Also read: ICICI Bank to revise savings account select cash transaction charges from December 1, 2026: Which customers need to pay more now

Currently, Axis Bank customers can make the first four cash transactions free of charge or can transact up to Rs 1 lakh, whichever comes earlier. Under the revised structure, the free limit will cover the first three transactions or Rs 1 lakh, whichever comes first.

For domestic EASY ACCESS and equivalent Axis Bank accounts, the maximum fee is Rs 600 for metro/urban, Rs 300 for semi-urban and Rs 150 for rural branches. From December 1, customers at semi-urban and rural branches will also…

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