Future Stars Savings Account

Inculcate the discipline

of savings in your children

Future Stars Savings Account

Get your Future Stars Savings Account

The Future Stars Savings account is an account designed specifically for children below the age of 18.This account is perfect if you want a safe and easy way to start saving for your child. If is also useful if you want to introduce your child to the basic principles of money management. (This account will be operated by a guardian and the Cheque book and ATM card will be issued in the guardians name if the child is below 10 years of age)

  • Low minimum opening deposit of Rs.2,500 in metros
  • Automated money transfer facility for transfer of funds from Parents account to child’s account on a monthly/weekly basis
  • First 5 free transactions at Axis Bank ATMs and first 3/5 transactions free at Non Axis Bank ATMs in Metro/Non Metro Locations respectively.
  • Free SMS Alerts, Monthly e-statements/Passbook and Internet Banking Facility
  • Track your account transactions using monthly e-statements or passbook

Benefits

  • Low Average Monthly Balance requirement of Rs.2,500 in metros.
  • Free ATM card for children below 10 years with a daily withdrawal limit of Rs.1,500
  • Visa Classic Debit Card at a nominal fee of Rs.150 for issuance and Rs.150 annually thereafter in metro and urban locations

eDGE Loyalty Rewards Program

Presenting eDGE Loyalty Rewards, our bank wide loyalty program where you can earn points on your Savings Account transactions like

  • Monthly Credit transactions amounting to Rs. 50,000 or more
  • Electronic Clearance System Transactions
  • Standing Instructions
  • Opening a Recurring Deposit account of Rs. 2000 or more
  • Opening an AxisDirect account

Now you can earn points by maintaining a minimum monthly balance of Rs. 25,000.

Our program lets you indulge in 500 fabulous rewards spread across multiple categories - Little Treats, Amazing Deals, Favourites, What’s New etc.

Click here to see our exciting rewards catalogue!

Extras

  • One free payable-at-par Cheque book per quarter in the child’s name
  • No Average Monthly Balance requirement if a Fixed Deposit (for 6 months) of Rs.25,000 or a Recurring Deposit of Rs.2,000 (for a year) is maintained.
  • For children above 10, an image of their can choice can be printed on the debit card

Debit Card

  • Avail of personal accident insurance cover of upto Rs.2 lakhs by swiping your card once every 6 months ^
  • Combined Lost Card Liability and Purchase protection liability of up to Rs. 50,000 to protect against fraudulent use of the debit card or damage/loss of articles purchased using debit card ^

Fees And Charges

  • In Metro/Urban/Semi-Urban branches, Monthly Service Fees of Rs. 5 per Rs. 100 of shortfall or Rs. 100 whichever is lower, is waived off if Average Monthly Balance (AMB) of Rs.2,500 per month or a Term Deposit of Rs.25,000 (minimum 6 months tenure) or Rs.2000 Recurring Deposit (for minimum 1 year tenure) is maintained
  • In Rural areas, Half Yearly Service Fee (HSF) of Rs. 5 per Rs. 100 of shortfall or Rs. 500 whichever is lower is waived off if Half Yearly Average Balance (HAB) of Rs1,000 or a Term Deposit of Rs.25,000 (minimum 6 months tenure) or Rs.2000 Recurring Deposit (for minimum 1 year tenure) is maintained

Cash Transaction Charges -
The first 5 cash transactions (or Rs. 10 Lakhs worth in value, whichever is higher) in Metro & Urban locations and the first 10 cash transactions (or Rs. 10 Lakhs worth in value, whichever is higher) are free with this account. Beyond this, cash transaction will be charged Rs. 4 per Rs. 1000 or Rs. 100, whichever is higher

Please refer to the complete list of Service fees and charges

Downloads

Terms and conditions

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