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Does Axis Bank charge for an account closure?

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Demand Drafts / Pay Orders. Rs. 2/1000 (nin Rs. 50 and max Rs. 5000). Chequebook Leaves. Rs. 2/leaf. NEFT/RTGS Fees. Inward - Free. Outward - Free. Account Maintenance Charge. Rs 50/month. Account Closure Charges. Less than 1 year Rs. 500. More than 1 year Rs. 250. read more

Generally speaking, No Bank can charge account closure charges. But in case you have not operated your account for long and it is showing a NIL balance then you may be asked to deposit Recorded Maintainance Charges as Banks keep the unrecoverable charges in “Charges on Hold” account. read more

There are certain account closing charges if closed within the stipulated period. Depends upon type of account. Just check with the bank for exact info. read more

Axis Bank charges Rs 500 to close a basic savings account. This charge is only applied when the savings account is active between 14 days and 6 months after opening. If the basic savings account is closed before 14 days or after 6 months of opening it, then no charges will be applied. Remember. When you close an Axis Bank account, an additional service tax will be applied. read more

Normal Current Account: Get details on fees and charges for opening an Normal Current Account at Axis Bank. Click here to open a Normal Current Account now. read more

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