Axis NRI Account

Can you tell me about the features and benefits of NRE/NRI Salary Account in Axis Bank as my cousin want to open an account, so wanted to know it first?

Axis Bank came is one of the leading banks in India. It provides with various services like lockers, deposits, insurance, accounts, investments, loans, foreign exchange, cards etc. It also offers NRI Accounts - one of which is Non – Resident External (NRE) Salary Account.

Features and Benefits of Axis Bank NRE/NRI Salary Account

• One is also be entitled to hold a complimentary Resident Savings Account without the compulsion of maintaining minimum balance.

• One also receives a personal accident insurance cover of Rs 2 Lac on your debit card. It is for both the account holder and POA/LOA holder but the insurance cover can only be claimed or it will become functional only when one have made first successful payment transaction at any merchant establishment along with some other conditions.

• One has access to free internet banking.

• Organizations having minimum of 10 NRI employees can operate an Axis Bank NRI Salary Account on preferential terms.

• One is also entitled to receive monthly statement of your account on your email id.

• One gets assistance in order to obtain Income Tax Pan Card that would help to get compliant with the Indian tax regulations.

• One is avail the facility of free Demand Draft drawn on Axis Bank Branches.

• The account would provide with multi - city cheque books facility.

• One is permitted to withdraw Rs 40,000 per day.

• One has an access to free banking from anywhere.

• One holds an International Debit Card that would not be chargeable.

• A debit card to POA/LOA holder would also be provided without any charges.

• On request one is also be entitled to free email alerts.

• One avail the facility of Telebanking.

• One also has access to online bill payment facility.

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Answered By StudyChaCha Member