FOR CUSTOMER REFERENCE
AXIS BANK - WHOLESALE BANKING PRODUCT
SCHEDULE OF CHARGES - CURRENT ACCOUNTS (VALUE BASED SCHEMES) (w.e.f. APRIL 1st, 2019)
Normal Business Business Business Business
Channel One Club 50
Current Account Advantage Select Classic Privilege
(CACH1) (CAC50)
(CANOR) (CAADV) (CASEL) (CABCA) (CABPL)
Monthly Average Balance (MAB) OR
Average Quaterly Balance (AQB) MAB MAB MAB MAB MAB MAB AQB
Metro & Urban Branches (in `) 10,000 25,000 50,000 1,00,000 5,00,000 10,00,000 50,00,000
Semi-Urban & Rural Branches (in `) 5,000 12,500 25,000 50,000 2,50,000 5,00,000 25,00,000
Charges for Non-Maintenance (in `) 1,000 1,250 1,500 2,000 3,500 7,000 25,000
Cash Deposit - Home &
CANOR CAADV CASEL CABCA CABPL CACH1 CAC50
Non-Home Branch (Combined)
Free Limit per month (in `) 2,00,000 3,00,000 @ 12 times 12,00,000 60,00,000 120,00,000 2,00,00,000
MAB
Charges ` 4/1,000 ` 4/1,000 ` 3.5/1,000 ` 3/1,000 ` 3/1,000 ` 2/1,000 ` 2/1,000
Note:
• For CASEL, the free limits would be 12 times the MAB of the current month. However, minimum cash deposit limit would be ` 6 Lacs and maximum possible cash
deposit limit would be ` 50 Lacs for CASEL
• Maximum Non-Home Branch Cash Deposit / withdrawal per day shall be ` 1 Lac. Maximum third party deposit / withdrawal up to ` 50,000 per day. Beyond this the
cash transactions may be carried out at the discretion of branch head where the cash is being deposited / withdrawn
• Maximum Non-Home Branch Cash Withdrawal per month would be ` 3 Lacs (CAADV), ` 6 Lacs (CASEL), ` 12 Lacs (CABCA), ` 25 Lacs (CABPL) ` 60 Lacs (CACH1) &
unlimited (CAC50). Beyond this the cash may be withdrawn at the discretion of the Branch head where cash is being withdrawn
• NEFT / RTGS is free for all variants
Account Maintenance
(Includes - SMS Alerts, Standing CANOR CAADV CASEL CABCA CABPL CACH1 CAC50
Instruction, Certificate of Balance)
Charges (Fixed monthly) ` 50 ` 50 ` 50 ` 50 Nil Nil Nil
DD / PO Issuance CANOR CAADV CASEL CABCA CABPL CACH1 CAC50
Free Limit No Free Limit No Free Limit Unlimited Unlimited Unlimited Unlimited Unlimited
Charges ` 2/1,000# ` 2/1,000# Nil Nil Nil Nil Nil
#
Charges (Min. ` 50 & Max. ` 5,000)
Cheque Book Indent CANOR CAADV CASEL CABCA CABPL CACH1 CAC50
Free Leaves No Free Limit 50 200 200 500 1000 Unlimited
Charges ` 2/leaf ` 2/leaf ` 2/leaf ` 2/leaf ` 2/leaf ` 2/leaf Nil
Debit Card Charges Business Classic Business Platinum Business Supreme
ATM Charges - Cash Withdrawal (Non-Axis Bank only) ` 20 ` 20 ` 20
ATM Charges - Balance Equiry (Non-Axis Bank only) ` 8.5 ` 8.5 ` 8.5
Purchase Transaction (POS) Charges Nil
Issuance Fees ` 250 ` 500** ` 1,000
Annual Fees ` 250 ` 500** ` 1,000
*Free - First 5 transactions (including financial and non-financial) subject to monthly 1 purchase activity
**NIL for CACH1 & CAC50
Penal Charges - Returns
Cheque Returns (Inward) - Issued by Customer ` 750 per instrument
Cheque Returns (Outward) - Deposited by Customer ` 100 per instrument
Cheque Returns - Deposited by Customer for 50% of OSC commission; Minimum ` 50 /
Outstation Collection Cheque + Other bank charges if any
ECS (Debit) Returns ` 750 per instrument
Other Charges
Demand Drafts (payable at Correspondent Bank locations under ` 1/1,000; Min. ` 25 per DD
Desk Drawing arrangement)
Demand Drafts purchased from other Banks Actual + ` 0.50/1,000; Min. ` 50 per DD
DD drawn on Axis Bank branches - Cancellation, Reissuance ` 100/- per instance
or Revalidation
DD drawn on Correspondent Bank branches - Cancellation, ` 100/- per instance + other bank's charges at actuals if any
Reissuance or Revalidation
Cheques Deposited at any Axis Bank branch for Up to ` 50,000 - ` 50/instrument,
outstation collection ` 50,001 and upto ` 1,00,000 :` 100/instrument,
Above ` 1 Lac - ` 150/instrument (Charges inclusive of postage)
Stop Payment Charges Per Instrument : ` 100, Per Series: ` 250
Signature Verification Certificate ` 100 per verification
Scheme Code Conversion Charges ` 150 per instance
(Only on conversion to lower scheme code)
Account Statement - Duplicate statement from branch ` 100 per statement
Account Closure Charges Less than 1 year old: ` 500, older than 1 year: ` 250
NOTE:
• All the terms are subject to change without any prior notice
• All the service charges will attract GST as applicable
• Charges are applicable as per the transactions done during charge cycle period. The charge cycle period shall be 1st of every month to the
last day of the same month (e.g. 1st April to 30th April)
• Cheque Transactions are subject to 48 hour notice and Bank's confirmations for transaction exceeding ` 1 Crore. a day where the destination
branch is a Non-RBI centre. (RBI centres are: Mumbai, Chennai, Kolkata, New Delhi, Ahmedabad, Hyderabad, Jaipur, Kanpur, Nagpur,
Trivandrum, Bhubaneswar, Chandigarh, Bangalore, Guwahati, Bhopal & Patna)
• All cashTransaction of ` 10 Lacs and above on a single day will require prior intimation and approval of the Branch at least one working day
in advance
• Monthly charges applicable in a current account will be based on the scheme code of that account in the previous month
• Bank reserves the right to force debit or make repeated attempts of recover the charges due
• Monthly Average Balance (MAB) or Average Quarterly Balance (AQB) is the average of day end balance maintained by the customer
for the duration
• Physical statements will not be sent for the current account where there are no transactions consecutively for 6 months
I / We have chosen to open a Current Account with Axis Bank with the minimum
Monthly / Quarterly Average Balance requirement of ` and have understood the facilities and charges
applicable to the said product.
Signature Signature and Emp. ID of Branch staff
Charges effective from April 1st, 2019
FOR BANK REFERENCE
AXIS BANK - WHOLESALE BANKING PRODUCT
SCHEDULE OF CHARGES - CURRENT ACCOUNTS (VALUE BASED SCHEMES) (w.e.f. APRIL 1st, 2019)
Normal Business Business Business Business
Channel One Club 50
Current Account Advantage Select Classic Privilege
(CACH1) (CAC50)
(CANOR) (CAADV) (CASEL) (CABCA) (CABPL)
Monthly Average Balance (MAB) OR
Average Quaterly Balance (AQB) MAB MAB MAB MAB MAB MAB AQB
Metro & Urban Branches (in `) 10,000 25,000 50,000 1,00,000 5,00,000 10,00,000 50,00,000
Semi-Urban & Rural Branches (in `) 5,000 12,500 25,000 50,000 2,50,000 5,00,000 25,00,000
Charges for Non-Maintenance (in `) 1,000 1,250 1,500 2,000 3,500 7,000 25,000
Cash Deposit - Home &
CANOR CAADV CASEL CABCA CABPL CACH1 CAC50
Non-Home Branch (Combined)
Free Limit per month (in `) 2,00,000 3,00,000 @ 12 times 12,00,000 60,00,000 120,00,000 2,00,00,000
MAB
Charges ` 4/1,000 ` 4/1,000 ` 3.5/1,000 ` 3/1,000 ` 3/1,000 ` 2/1,000 ` 2/1,000
Note:
• For CASEL, the free limits would be 12 times the MAB of the current month. However, minimum cash deposit limit would be ` 6 Lacs and maximum possible cash
deposit limit would be ` 50 Lacs for CASEL
• Maximum Non-Home Branch Cash Deposit / withdrawal per day shall be ` 1 Lac. Maximum third party deposit / withdrawal up to ` 50,000 per day. Beyond this the
cash transactions may be carried out at the discretion of branch head where the cash is being deposited / withdrawn
• Maximum Non-Home Branch Cash Withdrawal per month would be ` 3 Lacs (CAADV), ` 6 Lacs (CASEL), ` 12 Lacs (CABCA), ` 25 Lacs (CABPL) ` 60 Lacs (CACH1) &
unlimited (CAC50). Beyond this the cash may be withdrawn at the discretion of the Branch head where cash is being withdrawn
• NEFT / RTGS is free for all variants
Account Maintenance
(Includes - SMS Alerts, Standing CANOR CAADV CASEL CABCA CABPL CACH1 CAC50
Instruction, Certificate of Balance)
Charges (Fixed monthly) ` 50 ` 50 ` 50 ` 50 Nil Nil Nil
DD / PO Issuance CANOR CAADV CASEL CABCA CABPL CACH1 CAC50
Free Limit No Free Limit No Free Limit Unlimited Unlimited Unlimited Unlimited Unlimited
Charges ` 2/1,000# ` 2/1,000# Nil Nil Nil Nil Nil
#
Charges (Min. ` 50 & Max. ` 5,000)
Cheque Book Indent CANOR CAADV CASEL CABCA CABPL CACH1 CAC50
Free Leaves No Free Limit 50 200 200 500 1000 Unlimited
Charges ` 2/leaf ` 2/leaf ` 2/leaf ` 2/leaf ` 2/leaf ` 2/leaf Nil
Debit Card Charges Business Classic Business Platinum Business Supreme
ATM Charges - Cash Withdrawal (Non-Axis Bank only) ` 20 ` 20 ` 20
ATM Charges - Balance Equiry (Non-Axis Bank only) ` 8.5 ` 8.5 ` 8.5
Purchase Transaction (POS) Charges Nil
Issuance Fees ` 250 ` 500** ` 1,000
Annual Fees ` 250 ` 500** ` 1,000
*Free - First 5 transactions (including financial and non-financial) subject to monthly 1 purchase activity
**NIL for CACH1 & CAC50
Penal Charges - Returns
Cheque Returns (Inward) - Issued by Customer ` 750 per instrument
Cheque Returns (Outward) - Deposited by Customer ` 100 per instrument
Cheque Returns - Deposited by Customer for 50% of OSC commission; Minimum ` 50 /
Outstation Collection Cheque + Other bank charges if any
ECS (Debit) Returns ` 750 per instrument
Other Charges
Demand Drafts (payable at Correspondent Bank locations under ` 1/1,000; Min. ` 25 per DD
Desk Drawing arrangement)
Demand Drafts purchased from other Banks Actual + ` 0.50/1,000; Min. ` 50 per DD
DD drawn on Axis Bank branches - Cancellation, Reissuance ` 100/- per instance
or Revalidation
DD drawn on Correspondent Bank branches - Cancellation, ` 100/- per instance + other bank's charges at actuals if any
Reissuance or Revalidation
Cheques Deposited at any Axis Bank branch for Up to ` 50,000 - ` 50/instrument,
outstation collection ` 50,001 and upto ` 1,00,000 :` 100/instrument,
Above ` 1 Lac - ` 150/instrument (Charges inclusive of postage)
Stop Payment Charges Per Instrument : ` 100, Per Series: ` 250
Signature Verification Certificate ` 100 per verification
Scheme Code Conversion Charges ` 150 per instance
(Only on conversion to lower scheme code)
Account Statement - Duplicate statement from branch ` 100 per statement
Account Closure Charges Less than 1 year old: ` 500, older than 1 year: ` 250
NOTE:
• All the terms are subject to change without any prior notice
• All the service charges will attract GST as applicable
• Charges are applicable as per the transactions done during charge cycle period. The charge cycle period shall be 1st of every month to the
last day of the same month (e.g. 1st April to 30th April)
• Cheque Transactions are subject to 48 hour notice and Bank's confirmations for transaction exceeding ` 1 Crore. a day where the destination
branch is a Non-RBI centre. (RBI centres are: Mumbai, Chennai, Kolkata, New Delhi, Ahmedabad, Hyderabad, Jaipur, Kanpur, Nagpur,
Trivandrum, Bhubaneswar, Chandigarh, Bangalore, Guwahati, Bhopal & Patna)
• All cashTransaction of ` 10 Lacs and above on a single day will require prior intimation and approval of the Branch at least one working day
in advance
• Monthly charges applicable in a current account will be based on the scheme code of that account in the previous month
• Bank reserves the right to force debit or make repeated attempts of recover the charges due
• Monthly Average Balance (MAB) or Average Quarterly Balance (AQB) is the average of day end balance maintained by the customer
for the duration
• Physical statements will not be sent for the current account where there are no transactions consecutively for 6 months
I / We have chosen to open a Current Account with Axis Bank with the minimum
Monthly / Quarterly Average Balance requirement of ` and have understood the facilities and charges
applicable to the said product.
Signature Signature and Emp. ID of Branch staff
Charges effective from April 1st, 2019
