Bank’s Recurring Deposit Schemes
Meaning of Recurring deposits Recurring deposit account is generally opened for a purpose to be served at a future date. Generally it is opened to finance pre-planned future purposes like, wedding expenses of daughter, purchase of costly items like land, luxury car and refrigerator or air conditioner. Eligibility of Recurring Deposit account Recurring deposit account is opened by those who want to save regularly for a certain period of time and earn a higher interest rate. Recurring Deposit scheme is…
Pension Savings Account – Axis Bank
Pension Savings Bank Account, from Axis Bank is specifically, designed for Pensioner's (Existing & Prospective) of Central Govt. Civil Ministries/ Departments & Defence Ministry keeping in mind the fact that a Pensioner's banking requirements are wholly different and require special consideration. Benefits Timely communication to the customer on receipt of the PPO No delays in commencement of pension disbursals - The Bank is handling the disbursement of Pension under a Centralised Pension Disbursement Module wherein the Pensioner records are credited…
Women’s Savings Account – Axis Bank
Axis Bank's Women's Savings Account is an endeavor by the Bank to understand the consumers' needs and redefine banking to suit customer's requirements for a truly comfortable banking experience. Women's Savings Account gives an instant access to money anywhere, anytime. Features Free At-par Cheque book - "At-par" cheque book empowers to encash the cheques as local cheques at any of the Axis Bank branch center. ATM Network - Women's Savings Account also entitles to an International Debit Card with which…
Salary Account – Axis Bank
Axis Bank provides a hassle free financial solutions to the employer as well as the employee, through the salary relationship. Customized solutions Each employee in an organization is offered a zero balance salary account and associated privileges commensurate with net monthly salary. The Salary Account offering has six variants, as follows: Privée Salary - For employees with net monthly salary of ,00,000/- or more Wealth Salary - For employees with net monthly salary of ,00,000/- or more Priority Salary -…
Krishi Savings Account for Farmers – Axis Bank
Axis Bank offers a unique savings account which is easy to operate and allows you to transact immediately. This product is especially for farmers and others employed in the allied agricultural activities sector. The Krishi Savings Account has also been extended for the below given "Allied Agricultural Activities": Animal Husbandry Dairy/Poultry Farming {Members of Village Level Co-op Societies Such as Milk Co-op Society, Kharedi Vechan Sangh, Self help Groups Etc} Fishery & Aquaculture Sector Horticulture Sericulture Floriculture Handicraft Industry (Registered…
Prime Savings Account – Axis Bank
Axis Bank’s Prime Savings Account has been created with customer’s specific financial requirements in mind. Prime Savings account provides customized solutions to customers. Wider accessibility and More Comfort Access through more than 1419 Branches & 6890 ATMs. Through the 24 hr Internet Banking and TeleBanking services, customers can access a range of facilities including online funds transfer, requests for a new chequebook, online shopping and information on mutual funds. Greater convenience Prime Savings account comes with a Titanium Debit Card.…
EasyAccess Savings Account – Axis Bank
Presenting, Axis Bank's EasyAccess Savings Account. This savings account from Axis Bank transcends geographical boundaries. The account is an endeavor by the Bank to understand the consumers' needs and redefine banking to suit your requirements for a truly comfortable banking experience. EasyAccess Savings Account gives you instant access to your money anywhere, anytime. Possessing a range of unmatched features, it has been devised to better suit the convenience of our eclectic client base. You can avail of all these services…
Can foreign nationals or tourists open banking account in india?
In short, the answer is "YES". Please read on for Can foreign tourists open a bank account in India during their short visit? A. Yes. Foreign tourists during their short visit to India can open a Non-Resident (Ordinary) Rupee (NRO) account (Current / Savings) with any Authorised Dealer bank dealing in foreign exchange. Such account can be opened up to a maximum period of 6 months. What are the documents required for opening such accounts? A. Passports and other valid…
How can NRIs and PIO invest in india?
The following facilities/options are available to the NRIs (Non-Resident Indians) and PIO (Person of Indian Origin) for investments in India. I. Bank Accounts and Deposits a) Non-Resident (External) Rupee (NRE) Accounts (Principal / Interest Repatriable) Savings - The interest rates on NRE Savings deposits shall be at the rate applicable to domestic savings deposits. Currently the interest rate is Term deposits – For 1 year to 3 years, the interest rates on fresh repatriable Non-Resident (External) Rupee (NRE) Term deposits…
Demat Account in Banks
Demat account is short form of dematerialised account. Demat account is similar to a bank account where real money is replaced by shares. Just like a bank account is required to save money or make cheque payments, we need a demat account in order to buy or sell shares. A Demat Account holds portfolio of shares in electronic form and removes the need of holding shares in physical form. The account offers a secure and convenient way to keep track…