Axis Bank Amaze Digital (Zero Balance) Savings Account

Customers are required to invest ₹10,000 as initial funding and can choose a monthly or annual plan. The savings account also provides digital banking facilities, an Online Rewards Debit Card and selected welcome benefits.

Read more
Senior Citizen FD Rates 2025
Guaranteed Return
Guaranteed Returns
Includes Life Cover
Includes Life Cover
Completely Tax Free+
Completely Tax Free+
3 Benefits, 1 Plan
Maximum returns offered by:
7.4%* (Tax-Free)

Guaranteed Plan

(By Insurance companies)
4.6%* (After Tax)

Fixed Deposit

(Offered by Banks)
4.0%*

Savings Account

(Post Office)
Maximum returns Offered by Guaranteed

6.5%**

Fixed Deposits

(by SBI bank)

(5-10 Years)

6.9%***

Public Provident Fund

(other popular options)

(15 Years)

We are rated++
rating
15.8 Crore
Registered Consumer
53
Insurance Partners
7.16 Crore
Policies Sold
Get Guaranteed returns up to 7.4%*

Fully Tax-Free, Life Cover Included

+91
Secure
We don’t spam
View Plans
Please wait. We Are Processing..
Your personal information is secure with us
Plans available only for people of Indian origin By clicking on ''View Plans'' you, agreed to our Privacy Policy and Terms of use
Get Updates on WhatsApp
We are rated++
rating
15.8 Crore
Registered Consumer
53
Insurance Partners
7.16 Crore
Policies Sold

What Is the Axis Bank Amaze Digital Savings Account?

The Axis Bank Amaze Digital Savings Account is a zero-balance savings account for resident Indians. Customers do not need to maintain an average balance after opening the account. However, initial funding of ₹10,000 and the selected plan charge apply.

Customers comparing among Axis Bank Savings Account options may consider Amaze Digital Account when they are looking for a zero balance savings account.

Features and Benefits of Axis Bank Amaze Digital Savings Account

The Amaze Digital Savings Account provides the following welcome offers, card benefits and banking facilities:

  • Amazon Prime Membership: Customers receive a three-month Amazon Prime membership worth ₹599 after making the first eligible debit card transaction within 30 days of account opening.
  • Complimentary Movie Tickets: Get 10 movie tickets worth ₹4,000 on your first qualifying Online Rewards Debit Card transaction. The tickets are valid for a period of 5 months.
  • Swiggy Offers: On the first qualifying card transaction, customers will be eligible for a three-month Swiggy One membership of ₹400 and a Swiggy Dineout voucher of ₹500.
  • Uber Benefit: The first eligible transaction made with the Online Rewards Debit Card unlocks an Uber ride package worth ₹500.
  • EDGE REWARD Points: On spending ₹20,000 in a month on Online Rewards Debit Card and eligible UPI merchant payments, customers will earn 2,000 EDGE REWARD Points.
  • Insurance Benefits: The physical Online Rewards Debit Card comes with personal accident cover of ₹5 lakh, air accident cover of ₹1 crore and purchase protection of ₹50,000.

Moreover, customers can enjoy more than 250 banking services, including free local banking transactions, subject to the applicable terms and conditions of the Bank. Individuals comparing a savings account in India should check the transaction conditions and validity periods attached to these offers.

Some welcome offers depend on the first eligible card transaction. Others come with expiry limits. While comparing best savings account options, check the plan cost, card limits and how likely you are to use those offers.

Eligibility Criteria and Documents Required

Applicants must meet the following requirements before opening the Amaze Digital Savings Account:

  • Be a resident Indian.
  • Have the original PAN and Aadhaar card.
  • Ensure that PAN and Aadhaar are linked.
  • Use a smartphone with a working camera.
  • Allow camera and location access during verification.
  • Make the initial deposit through a debit card, Internet Banking or UPI.

A credit card cannot be used for the initial funding of the savings account.

How to Open the Axis Bank Amaze Digital Savings Account

Customers can open the Axis Bank Amaze Digital Savings Account online by following these steps:

  • Verify your identity using your PAN and Aadhaar card.
  • Provide your personal information by filling in the required details.
  • Complete Video KYC through a video call.
  • Deposit ₹10,000 as the initial funding to complete the account opening process.

Once the application is verified, the account is activated, and customers can start using digital banking services.

Fees and Charges for Axis Bank Amaze Digital Savings Account

The balance requirement, plan charges and debit card limits are given below:

Particulars Details
Initial Funding ₹10,000
Average Balance Requirement NIL
Debit Card Joining/Annual Fees NIL
Plan Charges Monthly: ₹200/month (6 months minimum)

Annual: ₹2200/year

Debit Card ATM Withdrawal E-Debit Card: Not Applicable

Online Rewards Card: ₹50,000

Debit Card POS Withdrawal E-Debit Card: ₹1,00,000

Online Rewards Card: ₹5,00,000

Statement Copy Fees NIL

The ₹10,000 initial funding is deposited during the online savings account opening process. Customers can withdraw this amount after the account has been activated. The monthly plan must be taken for at least six months.

FAQs

  • Can the ₹10,000 added to the Axis Bank Amaze Digital Savings Account be withdrawn?

    Yes. Post activation of the account, the initial funding of ₹ 10,000 is credited to the account balance. Customers can use or withdraw the amount, subject to the applicable terms and conditions.
  • Does the Axis Bank Amaze Digital Savings Account require customers to maintain an Average Monthly Balance (AMB)?

    No. It is an Axis Bank Zero Balance Account and hence customers are not required to maintain an Average Monthly Balance (AMB). The monthly or annual plan charge still applies.
  • Which transactions appear in an Axis Bank Mini Statement?

    Axis Bank Mini Statement displays the latest debits and credits associated with the account. This may include recent transfers, card payments, deposits and withdrawals.
  • How can customers complete a balance check for the Axis Bank Amaze account?

    Customers can complete an Axis Bank Balance Check through mobile banking, Internet Banking, an ATM, SMS Banking, missed call banking or WhatsApp Banking.


˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
* Applicable for Titanium variant of Max Life Smart Fixed-return Digital (Premium payment of 5 years, Policy term of 10 years) and a healthy male of 18 years old paying Rs. 30,000/- monthly (exclusive of all applicable taxes)
** Fixed deposit rate applicable for 5 year's 1 day to 10 years for investment amount less< 2 Crore ( Not for senior citizens).
*** PPF interest rate applicable for 15 years for investment amount upto 1.5 Lac
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
#Discount offered by insurance company
##The Guaranteed Returns are dependent on the policy term and premium term availed along with other variable factors. 7.4% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and a premium term of 10 years with ₹5,00,000 annually installment premium. All plans listed here are from insurance companies’ funds.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
CCBot
top
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL