Axis Bank savings account charges from 1 December 2026: free cash limit, cheque return, minimum balance
Axis Bank cuts free cash transactions from 4 to 3 and raises cheque return and minimum balance charges from 1 December 2026. See the old and new fees.
Axis Bank will revise the fees on some of its savings and salary accounts from 1 December 2026. The changes were reported on 29 and 30 October 2026 by The Economic Times, CNBC-TV18 and Times Now. We could not find the bank's own notice, so check your account type with Axis Bank before you act. Here is what was reported, with the old and the new rate.
All charges are exclusive of GST, which is added where it applies.
Free cash transactions
- Old: the first 4 cash deposits or withdrawals a month, or cash up to ₹1 lakh, whichever comes first, are free.
- New: the first 3 transactions or ₹1 lakh, whichever comes first.
- Who: domestic and NRI Easy Access and equivalent accounts, and Krishi and Sahaj accounts.
Minimum balance charge
The charge still works out at 6% of the shortfall in your average monthly balance. What changes is the cap on the charge.
- Domestic Easy Access and equivalent accounts: the most you pay a month was ₹600 in metro and urban branches, ₹300 in semi-urban and ₹150 in rural. From 1 December it is ₹600 at all of them.
- NRI Easy Access and equivalent accounts: the cap becomes ₹600 at all locations.
- Salaried customers do not pay this charge.
Cheque return
- Outward cheque return: today the first return costs ₹50 and each later one ₹100. From 1 December it is a flat ₹200 for each return.
- NRI Burgundy, Priority, Prestige and Prime accounts: the charge for a returned deliverable goes from ₹50 to ₹500.
Rewards and relationship value
- EDGE REWARD points: these stop for Burgundy, Priority, Prestige, Prime NRI and Easy NRI accounts.
- Total Relationship Value (TRV): on Prime, Prestige, Priority, Sampann, Advantage, Arise Women's and Burgundy accounts, you must keep 100% of the set TRV, up from 75% now.
What you can do
Check which account type you hold, and how many times a month you deposit or withdraw cash at a branch. If you use all 4 free transactions, plan to move one of them to UPI or an ATM, or do fewer, larger cash transactions within the ₹1 lakh limit. If you are in a semi-urban or rural branch and your balance often dips below the required level, keep a cushion before the month ends. Compare this with other banks in our bank charges guide and the ICICI Bank change from 1 December.
The details can differ by account variant, so the bank's own fee schedule is the final word.
Sources: The Economic Times: Axis Bank to revise savings account charges from December 1, 2026, 29 October 2026, CNBC-TV18: Axis Bank to revise savings account charges from December 1, 30 October 2026, Times Now: Axis Bank revises savings account charges from December 1, 30 October 2026, Axis Bank: Fees and charges.
Rules, rates and limits change. Check the official source linked above before you rely on a figure here. Posts never contain referral or affiliate links from the writer.
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