About Axis Bank NRI Account
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
Types of Axis Bank NRI Account
Here is a list of Axis Bank NRI Account types and their features:
Account Type |
Features and Benefits |
Easy Savings Account |
- Basic NRI savings account with easy access
- Low minimum balance requirement
- Minimum Balance: Rs. 10,000 per month
- Online fund transfers and bill payments
- Nomination facility for account holders
|
NRI Prime Savings Account |
- Higher interest rates
- Minimum Balance: Rs. 25,000 per month or Rs. 1 lakh for Fixed deposits
- Multi-currency options (USD, GBP, EUR)
- Preferential forex rates
- Enhanced features and premium services
|
NRO Account |
- For managing income earned in India
- Repatriable and non-repatriable options
- Ideal for managing local income and expenses in INR
- Taxable in India
|
NRE Account |
- For holding foreign income in Indian currency
- Fully repatriable, both principal and interest
- Tax-free in India
|
Mariner Account |
- Special savings account for seafarers
- Special benefits for maritime professionals
- Minimum Balance: Rs. 10,000 per month or Rs. 1 lakh for Fixed deposits
- Multi-currency options (USD, GBP, EUR)
|
Priority Account |
- Priority banking services with personalized attention
- Minimum Balance: Rs. 2 lakhs quarterly or minimum Rs. 4 lakhs as relationship value
- Dedicated relationship manager
- Preferential forex rates
|
Burgundy Account |
- Premium NRI banking experience for HNIs
- Minimum Balance: Rs. 10 lakhs quarterly or minimum Rs. 30 lakhs as relationship value
- Access to wealth management and advisory services
- Exclusive lifestyle benefits
|

Axis Bank NRE and NRO Account FD Interest Rates
Note: The Axis Bank FD Rates for NRE deposits are applicable for a tenure ranging from 1 year to 10 years.
Eligibility Criteria to Open Axis Bank NRI Account
Eligibility criteria for opening an Axis Bank NRI account include the following:
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Non-Resident Indian (NRI)
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Person of Indian Origin (PIO)
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Overseas Citizen of India (OCI)
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Have a valid Indian passport or PIO card
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Have a valid residential address outside of India
Documents Required to Open Axis Bank NRI Account
The following documents are required to open an Axis Bank NRI account:
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Valid Indian passport or PIO card
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Valid residential address outside of India
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PAN card (if applicable)
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Recent passport-size photographs
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Bank statement from your home country (if applicable)
Steps to Open Axis Bank NRI Account
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.
Benefits of Axis Bank NRI Account Opening
There are many benefits to opening an Axis Bank account, such as follows:
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Axis Bank accounts can be opened quickly and easily online or at any Axis Bank branch.
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The bank offers a variety of convenient money transfer options, including online transfers, mobile transfers, and ATM transfers.
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Axis Bank also offers remittance services for NRIs.
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The bank offers competitive Axis FD interest rates on deposits and loans.
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Axis Bank customers enjoy a variety of exclusive benefits, such as discounts on travel, shopping, and dining.
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The bank has a reputation for providing excellent customer service.
Summing It Up
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.