Fees & Charges

Account Type Digital Savings Account Digital Savings Account
Scheme Code SBDIG SBDIB
Account Type Digital Savings Account Digital Savings Account - BASIC
Basic Service Fees Initial Funding NIL NIL
Average Balance Required (Metro) NIL NIL
Account Service Fee (Metro) NIL NIL
Average Balance Required (Urban) NA NA
Account Service Fee (Urban) NIL NIL
Average Balance Required (Semi Urban) NA NA
Account Service Fee (Semi Urban) NIL NIL
Average Balance Required (Rural) NA NA
Account Service Fee (Rural) NIL NIL
Total Relationship Value For all locations NA NA
Primary Debit Card: Type Virtual Visa Debit Card / Visa Online Rewards Debit Card (Optional) Virtual Visa Debit Card / Visa Online Rewards Debit Card (Optional)
Primary Card: Issuance Fees Virtual Visa Debit Card (NIL Charge) / Visa Online Rewards Debit Card (Rs. 300) Virtual Visa Debit Card (NIL Charge) / Visa Online Rewards Debit Card (Rs. 300)
Primary Card: Annual Fees Virtual Visa Debit Card (NIL Charge) / Visa Online Rewards Debit Card (Rs. 500) Virtual Visa Debit Card (NIL Charge) / Visa Online Rewards Debit Card (Rs. 500)
Joint Debit Card: Type NA NA
Joint Card: Issuance Fees NA NA
Joint Card: Annual Fees NA NA
My Design Card Issuance NA NA
Chequebook Issuance: No. of Chequebooks Free NA (No Cheque book allowed) 0
DD/PO Issuance: No. of free DD/PO 0 0
Account Closure Rs. 500** Rs. 500**
NetSecure with 1 Touch - Issuance fee Rs.800 Rs.800
*Terms and conditions ** Charges are levied if account is closed between 14 days and 6 months. No charges would be levied if account is closed within 14 days of account opening or after 6 months. ** Charges are levied if account is closed between 14 days and 6 months. No charges would be levied if account is closed within 14 days of account opening or after 6 months.
Transaction Fees Daily withdrawal limit and Shopping limit 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/-
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/-
Monthly Cash Transaction Free Limits (Metro/Urban) NIL NIL
Monthly Cash Transaction Free Limits (Semi-Urban/Rural) NIL NIL
Fees on Cash Deposits and Withdrawals above limits Rs.5 per Rs.1000 or Rs.150, whichever is higher Rs.5 per Rs.1000 or Rs.150, whichever is higher
Outstation Cheque Collection Fees: Upto Rs.5,000: Rs.25 per cheque,
Rs.5,001 - Rs.10,000: Rs.50 per cheque,
Rs.10,001 – Rs.1 Lakh: Rs.100 per cheque,
Above Rs.1 Lakh: Rs.200 per cheque
Upto Rs.5,000: Rs.25 per cheque,
Rs.5,001 - Rs.10,000: Rs.50 per cheque,
Rs.10,001 – Rs.1 Lakh: Rs.100 per cheque,
Above Rs.1 Lakh: Rs.200 per cheque
RTGS Fees (Branch) Rs.2 to Rs.5 Lakhs - Rs.25 per transaction, Above Rs.5 Lakhs - Rs.50 per transaction Rs.2 to Rs.5 Lakhs - Rs.25 per transaction, Above Rs.5 Lakhs - Rs.50 per transaction
RTGS Fees (Online) NIL NIL
NEFT Transaction Limits (how many free per quarter) 0 0
NEFT Fees (Branch) Upto Rs.10,000: Rs.2.5 per transaction,
Rs.10,000 – Rs.1 Lakh: Rs.5 per transaction,
Rs.1 Lakh –Rs.2 Lakhs: Rs.15 per transaction,
Above Rs.2 Lakhs: Rs.25 per transaction
Upto Rs.10,000: Rs.2.5 per transaction,
Rs.10,000 – Rs.1 Lakh: Rs.5 per transaction,
Rs.1 Lakh –Rs.2 Lakhs: Rs.15 per transaction,
Above Rs.2 Lakhs: Rs.25 per transaction
NEFT Fees (Online) NIL NIL
IMPS Fees NIL NIL
Speed Clearing Fees Free upto cheque amount of Rs.1 lakh. Above Rs.1 lakh- Rs.150 Free upto cheque amount of Rs.1 lakh. Above Rs.1 lakh- Rs.150
Axis Bank ATM: No. of Free Transactions First 5 transactions (Financial + Non Financial) free First 5 transactions (Financial + Non Financial) free
Non- Axis Bank ATM: No of Free Transactions First 3 transactions (Financial + 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 First 3 transactions (Financial + 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 Rs.20 per transaction
Axis/Non-Axis ATM: Balance Enquiry (non financial transaction)fees beyond limits Rs.8.5 per transaction Rs.8.5 per transaction
International Cash Withdrawal fees (ATM) Rs.125 Rs.125
International Balance Enquiry fees (ATM) Rs.25 Rs.25
Surcharge on Railway Tickets purchased with Debit Card 2.5% of the sale amount (Min Rs. 10) + Rs.30 per transaction 2.5% of the sale amount (Min Rs. 10) + Rs.30 per transaction
Surcharge at Petrol Pumps 2.5% of the sale amount (Min Rs.10) 2.5% of the sale amount (Min Rs.10)
Cross Currency Mark-up on International Debit Card Transactions 0.035 0.035
Transaction Failure Fees Outward Cheque Return Rs.150 per cheque Rs.150 per cheque
Inward Cheque Return Rs.350 for 1st Cheque and Rs. 750 per instance from 2nd Cheque onwards Rs.350 for 1st Cheque and Rs. 750 per instance from 2nd Cheque onwards
Outstation Cheque Return Rs.150 per cheque Rs.150 per cheque
ECS Debit Failure Rs.350 for 1st ECS Debit return and Rs. 750 per instance from 2nd transaction onwards Rs.350 for 1st ECS Debit return and Rs. 750 per instance from 2nd transaction onwards
Convenience Fees Standing Instruction/Auto-debit Failure (Loan EMIs & Credit Card payments) Rs.250 per instance Rs.250 per instance
Card Replacement Fee Rs. 200 (Online Rewards Card) Rs. 200 (Online Rewards Card)
Additional MyDesign Card - Replacement Fee Original Replacement Card Fee + Rs. 150 (Online Rewards Card) Original Replacement Card Fee + Rs. 150 (Online Rewards Card)
Additional Chequebook Fee Rs.50 per chequebook(20 leaves) Rs.50 per chequebook(20 leaves)
Duplicate PIN(Branch mode only) Rs.100 Rs.100
Duplicate Passbook Rs.100 Rs.100
Physical Statement Fee at branch for prior quarters Rs.100 Rs.100
Stop Payment Instructions: Cheque Rs.100 per cheque, with a maximum of Rs.200 for Series (>2) Rs.100 per cheque, with a maximum of Rs.200 for Series (>2)
Stop Payment Instructions: ECS Rs.100 Rs.100
DD/PO Cancellation Rs.100 Rs.100
DD/PO Duplicate Rs.100 Rs.100
DD/PO Revalidation Rs.100 Rs.100
Additional DD/PO Fee Upto Rs.10,000 - Rs.50
Above Rs.10,000 - Rs.5 per 1000 (min Rs.75/-max Rs.10,000)
Upto Rs.10,000 - Rs.50
Above Rs.10,000 - Rs.5 per 1000 (min Rs.75/-max Rs.10,000)
Value Added SMS Alerts Rs.5 per month Rs.5 per month
Address Confirmation Rs.100 Rs.100
Photo Attestation Rs.100 Rs.100
Signature Verification Rs.100 Rs.100
Balance Certificate Rs.100 Rs.100
Locker fees Varies by Size and branch category (Metro/urban/semiurban/rural) Varies by Size and branch category (Metro/urban/semiurban/rural)
NetSecure with 1 Touch - Replacement fee Rs.500 Rs.500
Other Free Services & Discounts Other Free Services & Discounts Demat Account AMC (1st Yr) Demat Account AMC (1st Yr)
Demat A/C annual charges where applicable If Demat account is linked with your savings account- Rs.650, If Demat account is not linked with your savings account- Rs.2500 If Demat account is linked with your savings account- Rs.650, If Demat account is not linked with your savings account- Rs.2500
Foreign Currency Charges Foreign Currency Outward Remit by Wire/TT/Swift Rs.1,000 Rs.1,000
Foreign Currency Outward Remit by DD Rs.250 or 0.3% whichever is higher Rs.250 or 0.3% whichever is higher
Foreign Currency Inward Remit Fee per remittance (wire) Rs.250 Rs.250
Foreign Currency Inward Remit: FIRC Charges Rs.100 Rs.100
Foreign Currency deposit at Branches Rs.100 Rs.100
Traveller Cheques & Currency Notes Rs.100 Rs.100
Foreign Currency Cheque: Base Charges 0.25% of INR Value + Service Tax (Min. Rs.111) 0.25% of INR Value + Service Tax (Min. Rs.111)
Foreign Currency Cheque: IRM Commission Rs.250 Rs.250
Foreign Currency Cheque: Courier Charges Rs.50 Rs.50
Foreign Currency Cheque: Additional Charge -FCS only Correspondent bank Charges Correspondent bank Charges
Foreign Currency Cheque: Additional Charge - Direct Collection only Drawee Bank Charges - On Receipt Drawee Bank Charges - On Receipt
Foreign Currency Cheque: Additional Charge - Reimbursement Collection only Drawee Bank Charges - On Receipt = Correspondent Bank Charge - $13 Drawee Bank Charges - On Receipt = Correspondent Bank Charge - $13