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MID Version XVII (Copy 1)

This document outlines changes to the fee structure for a Priority Savings Account effective August 1, 2020. It provides details on unlimited fund transfers via IMPS and higher ATM transaction limits for maintaining eligibility criteria. It also describes additional terms and conditions for salary customers to receive a limited-time hospital cash insurance offer, including maintaining a monthly salary credit of Rs. 1 lakh and making one debit card transaction per month.

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636 views1 page

MID Version XVII (Copy 1)

This document outlines changes to the fee structure for a Priority Savings Account effective August 1, 2020. It provides details on unlimited fund transfers via IMPS and higher ATM transaction limits for maintaining eligibility criteria. It also describes additional terms and conditions for salary customers to receive a limited-time hospital cash insurance offer, including maintaining a monthly salary credit of Rs. 1 lakh and making one debit card transaction per month.

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Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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20 th july,2020

Free unlimited fund transfer via IMPS*


Higher ATM transaction limits of 30 transactions (Financial + Non-Financial) per month*
Monthly Free Limit (Self/Third Party): First 7 Transactions or INR 5 lakhs, whichever is earlier. Self (home and non home) - INR 5 per INR 1000 or INR 150, whichever is higher
Cash Transactions limit at Non-Home Branch : upto Rs.25,000/- per day Third Party*- INR 10 per INR 1000 or INR 150, whichever is higher.
On maintaining Priority Program eligibility criteria (w.e.f 1st August 2020)

In case of Priority Salary customers, there should be a net monthly salary credit equal to or in excess of Rs. 1 lakh.

10. The existing tariff structure for your Priority Savings Account is being revised with effect from 01-08-2020. Visit fees and charges at www.axisbank.com/priority for more details.
Additional T&C for Salary Customers (SBPBS):
I understand the Hospital Cash Insurance cover benefit is a limited period offer only for accounts opened from 20th July 2020 to 31st December 2020. I also understand and accept that
the offer would be provided to me only after fulfilling the eligibility criteria requirements for any 3 out of 4 calendar months post account opening which are as follows:
Primary Account Holder’s Signature
a) Net monthly salary credit equal to or in excess of Rs. 1 Lakh in Axis Bank Priority Salary account (b) 1 transaction every month on Debit Card at any POS or ECOM
I hereby expressly consent to and authorize Axis Bank Limited (whether acting by itself or whether in an automated manner or otherwise), to share my personal information and sensitive
personal information with third party service providers for the purposes of Hospital Cash Insurance Cover. I also understand that only the first year premium of the policy will be borne by the Bank,
post which, to continue with the Policy cover, the same will need to be renewed by me.

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