need info regarding Axis Full Power Digital Savings Account

47°
Deal Cadet
the_dev

I’m going to to open this account but before that please address following query.

  1. Is this a zero balance account, if not then min monthly balance
  2. Any hidden charges or tnc
  3. Any other best alternative

Thanks

5 Comments  |  
4 Dimers
  • Sort By
Deal Cadet Deal Cadet
Link Copied

“Full power” is nothing but no branch visit needed. Check the digital account variants here :- https://www.axisbank.com/retail/accounts/saving...
Lowest Account variant is with 10 K balance requirement. There are debit card charges also (500+gst I think). Check service charges page.

Deal Cadet Deal Cadet
Link Copied
smz wrote:

“Full power” is nothing but no branch visit needed. Check the digital account variants here :- https://www.axisbank.com/retail/accounts/saving...
Lowest Account variant is with 10 K balance requirement. There are debit card charges also (500+gst I think). Check service charges page.

Any other zero balance account with less charges and all things could be done using online method.

Deal Cadet Deal Cadet
Link Copied
Expand
the_dev wrote:

Any other zero balance account with less charges and all things could be done using online method.

Best with no charges would be Kotak 811 (no MAB, no sms charges, physical card optional, Virtual card same as physical card).
Rest mentioned below have compulsory physical debit card and sms charges. Check their respective service charges page.
1) ICICI Mine.
2) ICICI Instasave FD.
3) IndusInd online high funding account.
I have excluded payment Bank accounts. There are other threads in DD where you will find other zero balance accounts like federal selfie, etc, but I don’t know whether video KYC is available for such banks.

Deal Captain Deal Captain
Link Copied

Now for axis – no digital account opening (must visit branch) – they stopped asap/digital account.

Missing