Axis Bank Savings Account Interest Rate
About Axis Bank (UK) Ltd
Founded in 2013, Axis Bank UK Ltd. is a wholly owned subsidiary of AXIS BANK LTD. and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority.
However, with the changes in other banking products, savings account has also seen a major shift from being minimum balance account to zero balance savings account. Many banks now offer zero balance savings account with high-interest rate which is more in demand as compared to the age-old pattern of keeping a few thousands in bank account to. Axis Bank is the fourth lender to reduce the interest rate after market leader State Bank of India (SBI) begun the process of reducing interest rate on savings bank account. Benchmarks Nifty 15,359.20 44.5. Jun 10, 2020 The minimum balance requirements of Axis Bank differ from one type of savings account to another. Let us take a look at the various types of Axis Bank savings accounts and the features provided by each of them. Axis Bank Savings Account Interest Rates w.e.f 1st June 2020. NRI people, who want a bank account in India, can choose the Axis Bank NRI Priority Savings Account. Axis Bank NRI Priority Savings Account features: Axis Bank NRI Priority Savings Account scheme benefits with the facility like phone Banking Center where the subscriber can interact with any of the Axis Bank. Axis Bank Savings Account Interest Rates. Account Details APY Updated; AXIS Easy Access Savings Account: 4.00%. AXIS Enhanced Savings Accounts.
Deposits made into savings accounts offered by Axis Bank UK Ltd. through the Raisin UK savings marketplace are covered by the Financial Services Compensation Scheme (FSCS).
Bank details
| Headquarters: | London UK |
| Year established: | 2013 |
Security and deposit guarantee
Axis Bank Interest Rates On Savings Account
Deposits are eligible for protection by the Financial Services Compensation Scheme (FSCS) http://www.fscs.org.uk/. The FSCS is the United Kingdom’s statutory deposit guarantee scheme that covers deposits in individual savings accounts up to £85,000, per banking group regulated by the Financial Conduct Authority or the Prudential Regulation Authority. It is available for deposits with most UK high-street and online banks and means if the bank fails, and deposits become unavailable, the scheme may cover your deposit account deposit up to the £85,000 per person, per banking group limit.
Compensation limits are per person per firm, not per deposit. Be aware that if you have other deposits with this bank (or banking group) then the £85,000 protection applies only to eligible deposits up to this limit.
Who is Raisin?
At Raisin UK, we have one mission; to help you save time and make money. In Europe, Raisin has already helped over 150,000 consumers get competitive rates on their savings and now we're shaking up the UK savings market.
The Raisin UK savings marketplace is designed to provide savers with an easy way to apply, manage and fund savings products - all with attractive rates.
By registering for a Raisin UK Account, you'll only ever need to fill in one application form to enjoy simple one-click funding on a range of savings products from our partner banks.
How to open an account
Axis Bank Savings Account Interest Rate For Senior Citizens
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Axis Bank Savings Account Interest Rate Monthly
Cover arranged by Axis Bank for its customers under Digit Illness Group Insurance Policy (UIN GODHLGP20142V011920). Participation to group insurance is voluntary.