Axis Bank, a prominent private sector lender, has taken a significant stride in the realm of digital banking.
The bank has unveiled the ‘Infinity Savings Account,’ tailored for its tech-savvy clientele.
This innovative savings account operates on a subscription model, wherein a nominal fee is levied on a monthly or yearly basis in exchange for a suite of exclusive benefits.
Here’s an overview of the advantages offered by this novel initiative.
Unveiling the Subscription Model
With the launch of this new savings account, patrons of the bank can swiftly open a digital account via video-based KYC verification.
The account offers two subscription alternatives: a monthly plan and an annual plan.
For the monthly subscription, the bank will charge a fee of Rs 150, encompassing a range of benefits.
Benefits Galore
Distinguished by Axis Bank, the Infinity Savings Account liberates customers from the obligation of maintaining a minimum balance.
Moreover, domestic transactions incur no additional charges.
This account further extends the privilege of unlimited fee-free ATM transactions, beyond the convenience of a debit card.
In a noteworthy feature, using checkbooks and surpassing cash transaction limits will not invite any extra charges.
Experience hassle-free digital banking with Axis Bank’s Infinity Savings Account, where convenience meets value.
