The Axis Bank NRI Account is a gateway to seamless banking services designed exclusively for Non-Resident Indians (NRIs) and Persons of India Origin (PIOs). With a range of features and benefits designed to cater to the unique banking needs of NRIs, an Axis Bank NRI Account offers convenience, flexibility, and a reliable way to manage your funds, investments, and transactions across borders. Whether you're looking to save, invest, or handle day-to-day financial matters, Axis Bank's NRI Account offers hassle-free banking for everything.
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An Axis Bank NRI Account is a specialized banking account offered by Axis Bank for Non-Resident Indians (NRIs). It allows NRIs to hold and manage their foreign earnings and investments in India.
These accounts come in various types, such as NRE (Non-Resident External) and NRO (Non-Resident Ordinary), each with distinct features and benefits.
Axis Bank NRI Accounts facilitate easy fund transfers, currency conversion, and investment options for NRIs while complying with Indian banking regulations.
Read Here: NRE vs NRO
Here is a list of Axis Bank NRI Account types and their features:
|Account Type||Features and Benefits|
|Easy Savings Account||
|NRI Prime Savings Account||
|Tenure||Axis FD Interest Rates for NRO Deposits* (% p.a.)|
|7 - 14 days||3.00|
|15 – 29 days||3.00|
|30 – 45 days||3.50|
|46 – 60 days||4.25|
|61 days - < 3 months||4.50|
|3 months - < 4 months||4.75|
|4 months - < 5 months||4.75|
|5 months - < 6 months||4.75|
|6 months - < 7 months||5.75|
|7 months - < 8 months||5.75|
|8 months - < 9 months||5.75|
|9 months - < 10 months||6.00|
|10 months - < 11 months||6.00|
|11 months - 11 months 24 days||6.00|
|11 months 25 days - < 1 year||6.00|
|1 year - 1 year 4 days||6.70|
|1 year 5 days - 1 year 10 days||6.70|
|1 year 11 days - 1 year 24 days||6.70|
|1 year 25 days - < 13 months||6.70|
|13 months - < 14 months||6.70|
|14 months - < 15 months||6.70|
|15 months- < 16 months||7.10|
|16 months - < 17 months||7.10|
|17 months - < 18 months||7.10|
|18 Months - < 2 years||7.10|
|2 years - < 30 months||7.10|
|30 months - < 3 years||7.10|
|3 years - < 5 years||7.10|
|5 years - 10 years||7.00|
Note: The Axis Bank FD Rates for NRE deposits are applicable for a tenure ranging from 1 year to 10 years.
|Period of Term Deposits||US $||GB £||EU €||AU $||CA $||JP ¥|
|> 1 year - < 2 years||5.60||4.00||2.90||3.70||4.20||0.01|
|> 2 years - < 3 years||4.30||3.75||0.01||3.75||3.50||0.01|
|> 3 years - < 4 years||4.10||2.45||0.01||3.80||3.45||0.01|
|> 4 years - < 5 years||4.10||2.45||0.01||4.00||3.35||0.01|
|Period of Term Deposits||US $||GB £||EU €||AU $||CA $|
|30 days - < 3 months||0.15||0.15||0.01||0.30||0.35|
|3 months - < 6 months||0.25||0.25||0.01||0.30||0.35|
|6 months - < 12 months||0.30||0.30||0.01||0.30||0.35|
|> 12 months - < 2 years||5.60||5.60||2.90||3.70||4.20|
|> 2 years - < 3 years||4.30||4.30||0.01||3.75||3.50|
|> 3 years - < 4 years||4.10||4.10||0.01||3.80||3.45|
|> 4 years - < 5 years||4.10||4.10||0.01||4.00||3.35|
Eligibility criteria for opening an Axis Bank NRI account include the following:
Non-Resident Indian (NRI)
Person of Indian Origin (PIO)
Overseas Citizen of India (OCI)
Have a valid Indian passport or PIO card
Have a valid residential address outside of India
The following documents are required to open an Axis Bank NRI account:
Valid Indian passport or PIO card
Valid residential address outside of India
PAN card (if applicable)
Recent passport-size photographs
Bank statement from your home country (if applicable)
Follow the steps mentioned below to open an Axis Bank NRI account online:
Step 1: Visit the Axis Bank website and go to the NRI page.
Step 2: Click on Open NRI Account & Register to open an account online.
Step 3: Complete the online application form and submit it.
Step 4: Axis Bank will review your application and contact you to schedule a video KYC session.
Step 5: Once your KYC is complete, your account will be opened.
There are many benefits to opening an Axis Bank account, such as follows:
Axis Bank accounts can be opened quickly and easily online or at any Axis Bank branch.
The bank offers a variety of convenient money transfer options, including online transfers, mobile transfers, and ATM transfers.
Axis Bank also offers remittance services for NRIs.
The bank offers competitive Axis FD interest rates on deposits and loans.
Axis Bank customers enjoy a variety of exclusive benefits, such as discounts on travel, shopping, and dining.
The bank has a reputation for providing excellent customer service.
Axis Bank NRI Accounts provide all-inclusive and user-friendly banking services for Non-Resident Indians. With an Axis Bank account, you get personalized services, competitive interest rates, and easy online access, which addresses the unique financial requirements of NRIs. Whether you need it for investing, sending money home from abroad, or everyday banking, the Axis Bank NRI Account is a reliable and smart choice.
Easy Savings Account: Rs. 10,000
Prime Savings Account: Rs. 25,000 or Rs. 1,00,000 term deposit
Mariner Account: Rs. 10,000 or Rs. 1,00,000 term deposit
Priority Account: Rs. 2,00,000 quarterly or minimum relationship value of Rs. 4,00,000+
Easy access to funds: NRIs can easily access their funds in India through Axis Bank's remittance services and ATMs.
Convenient money management: NRIs can use Axis Bank's online and mobile banking services to manage their finances in India easily and securely.
Attractive interest rates on deposits: Axis Bank offers competitive interest rates on NRI deposits.
Exclusive benefits: Axis Bank NRI customers enjoy a variety of exclusive benefits, such as discounts on travel, shopping, and dining.
Strong customer service: Axis Bank has a reputation for providing excellent customer service to its NRI customers.
NRE (Non-Resident External) Account
NRO (Non-Resident Ordinary) Account
FCNR (Foreign Currency Non-Resident) Account
NRI Prime Savings Account
Past 10 Year annualised returns as on 01-12-2023
^Tax benefit are for Investments made up to Rs.2.5 L/ yr and are subject to change as per tax laws.
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
Tax benefit is subject to changes in tax laws. Standard T&C Apply
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