Average Balance Calculator

Calculate average balance maintained in your Axis Bank account

Account Type

Please Select Account Type.

Your Location

Please Select Your Location.

Average balance requirement

Frequency

Select Quarter

Please Select Your Quarter

Select Half Year

Please Select Your Half Year

Select date or multiple dates.

Please Select date.

Enter day end balance of your account for each date/date range selected

Please Enter Closing Balance.

Average monthly/quarterly balance maintained

₹ 0.00

Daily Balance you must maintain for rest of the month to avoid charges:₹ 0.00

You have not maintained sufficient balance for this month.

Estimated fees for the month:₹ 0.00

Summary of your input

Start Day	End Day	No. of Days	Amount

How to use the Average Balance Calculator?

Our calculator enables you to calculate the Monthly Average Balance (MAB) required to be maintained in your savings account based on inputs provided by you.

Step 1

Select your account type and location of your home branch

Step 2

Select single date or date range in the calendar for the period you wish to check average balance and input balance as on day end for your account. Click on calculate. Day end balance can be viewed in account statement under column "Balance"

Step 3

Amount entered will then be displayed on date wise average balance details table below calculate icon. Click on "calculate" to get your average balance next to input

Frequently Asked Questions

1. What is average balance? How is it calculated?

Average balance is the simple average of the day end balances for the period mentioned. It is sum total of day end balances divided by the number of days

2. How do I know the balance requirement?

Average balance required to be maintained varies basis the product opted by you. To know the balance requirement for various products, please refer www.axisbank.com/feesandcharges

3. How to avoid non maintenance charges?

To avoid Non maintenance charges, you need to maintain the required average balance/TRV /Spends as applicable to the product opted by you. To know the balance/TRV/Spends requirement for various products, please referwww.axisbank.com/feesandcharges

4. Is there a time period to reinstate the short balance amount?

Yes. In case of default in a month, you may reinstate the required average balance in subsequent month to avoid charges.

5. Will I be charged if TRV is maintained instead of Average balance?

If product TRV is maintained instead of average balance, non-maintenance charges are not applied. To know the balance/TRV/Spends requirement for various products, please refer www.axisbank.com/feesandcharges

e.g. For Prestige Savings Account – TRV is “ Average Monthly Balance (AMB) of Rs.1.5 Lakhs across Saving & Current Accounts Or Total Relationship of Rs. 3 Lakhs across Savings, Current Accounts, Fixed Deposits (min 6 Months) and Mutual fund Investments”

Incase Average monthly balance of Rs. 75,000 is not maintained, you have an option to maintain TRV as state above.

6. What if I find the balance requirement high for my Savings Account?

Incase you find that the average balance requirement for the accounts opted by you is on higher side, you have an option to convert your account to any other Savings account of your choice subject to compliance on terms and conditions of the product opted. To know list of retail products available please click here

Disclaimer

The above calculator is only for calculating average balance and does not take into account the Family banking criteria or other criteria's like TRV maintenance or spends.

The data generated herein is completely and solely based on the information/details provided by you in response to the questions specified by Axis Bank. These questions and the calculations thereon resulting in specific data are developed and based on certain tools and calculators that are made available to Axis Bank and are based on pre-determined presumptions/assumptions. Axis Bank, while providing and developing these tools, has relied upon and assumed, without independent verification, the accuracy and completeness of all information made available to it from public / private sources and vendors or which has otherwise been reviewed by Axis Bank.

Such information and the resultant data is provided only for user's convenience and information purposes. Axis Bank does not guarantee accuracy, completeness or correct sequence of any the details provided therein and therefore no reliance should be placed by the user for any purpose whatsoever on the information contained / data generated herein or on its completeness / accuracy. The use of any information set out is entirely at the User's own risk.