| 1 |
Balance Requirement |
No minimum balance |
| 2 |
Anywhere Banking |
Available across the country |
| 3 |
Cheque Books |
Free multi-city at-par Cheque Book |
| 4 |
International Debit cum ATM Card (Photo-signature card) |
- Free, even to the joint holder
- Personal Accident Insurance Cover of upto Rs 2 lacs per cardholder
[To keep your personal accident insurance cover activated, you should have made a purchase transaction in 365 days prior to the day of the incident & should have maintained an average quarterly balance of Rs 5,000 (urban & metropolitan branches) or Rs 2,500 (rural & semi-urban branches) as the case may be in the two quarters before the date of the incident.]*
- Cash withdrawal of upto Rs 40,000 daily
- Purchase protection and Zero Card Liability
- International Accepted at 9,00,000 ATMs and 22 million merchant establishments worldwide
|
| 5 |
Computerised Statements |
- Free on a quarterly basis
|
| 6 |
Joint Account Facility |
Available |
| 7 |
Flexi (2-in-1)
Encash Deposits* |
Available subject to terms and conditions |
| 8 |
Demand Drafts |
Free Demand Drafts drawn on Axis Bank Branches without any restrictions |
| 9 |
Overdraft Facility |
Up to 50% of net salary for PBOR and up to 200% of net salary for Officers rank.* |
| 10 |
Outstation Cheques |
Facility of collection of Outstation Cheque available. |
| 11 |
Demat Account |
Available |
| 12 |
Financial Advisory Services |
Free with daily electronic updates |
| 13 |
Power Loans* |
Power Homes - Housing Loans
Personal Power - Personal Loans
Study Power - Educational Loans
Consumer Power - Consumer Loans
Power Drive - Vehicle Loans |
| 14 |
Optional Gold Debit Card |
Access to any Bank ATM |
| 15 |
Credit Cards |
Available |
| 16 |
Online Trading |
Available |
| 17 |
Built-In Insurance (Medical and Burglary) scheme |
Unique facility of availing Insurance option in built in the account available |
| 18 |
Built-in SIP scheme |
Unique facility of availing SIP option in built in the account available |
| 19 |
Priority Banking |
Reduced balance criteria for availing Priority Banking that entitles you to exclusive banking and lifestyle privileges |
| 20 |
Internet Banking |
Available as iConnect with enhanced features like free bill payments (eg, electricity bills) and electronic payment of premiums (LIC - Insurance Premium) at select centers |
| 21 |
Telebanking |
Free (available for 24 hours at select centers) |
| 22 |
SMS Banking |
Free |
| 23 |
Nomination Facility |
Available |
| 24 |
Fund transfer facility |
Transfer funds from your Salary Power account to any bank account in India free of charge. |
| 25 |
Cash deposits in other branches |
6 free inter-city cash deposit per quarter |
| 26 |
Gift Card |
Prepaid, Rupee Denominated, Non Reloadable card - Ideal for Gifting. |
Note: Power Salute is a special account offered to customers with regular direct salary credits coming into this account. In case, the monthly salary is not credited into the account for more than 3 consecutive months, the special features offered under Power Salute account shall stand withdrawn and the account shall be treated as Normal Savings Account under our standard charge structure and all charges shall be levied and applied as applicable to normal savings accounts.
