About Axis Bank (UK) Ltd
Founded in 2013, Axis Bank UK Ltd. is a wholly owned subsidiary of AXIS BANK LTD. and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority.
Deposits made into savings accounts offered by Axis Bank UK Ltd. through the Raisin UK savings marketplace are covered by the Financial Services Compensation Scheme (FSCS).
This is a tiered variable rate account. Interest rates may change as often as daily without prior notice. Fees may reduce earnings. To qualify for the 0.70% APY you must open your new My Checking account and have a monthly Direct Deposit at least $1,000 from a third party to your My Checking account. Interest Rates on Domestic, Non Resident, Trust and Government Savings Account Deposits: Effective 20 th Oct, 2020, the interest on your Savings Bank Account has been revised as per the following interest rate structure.
Bank details
- Axis Bank Saving Account Interest Rates. Axis Bank customers can earn an attractive interest of up to 3.75% on their savings accounts and also enjoy a load of privileges and offers when they transact using their accounts. The interest rate is calculated on a daily basis and is paid to account holders after every quarter.
- Axis Bank Salary Account Balance: Rate of Interest: Savings Accounts Balance less than Rs.50 lakh: 3.50% p.a. Savings Accounts Balance of Rs.50 lakh up to less than Rs.10 crore: 4.00% p.a. Savings Account Balance of Rs.10 crore and above: 6% p.a.
- Bank deposits are one of the most popular forms of investment with the NRI and with good reason: the high interest rates and minimum risk factor ensure that your money is in safe hands. We have an array.
| Headquarters: | London UK |
| Year established: | 2013 |
Security and deposit guarantee
Deposits are eligible for protection by the Financial Services Compensation Scheme (FSCS) http://www.fscs.org.uk/. The FSCS is the United Kingdom's statutory deposit guarantee scheme that covers deposits in individual savings accounts up to £85,000, per banking group regulated by the Financial Conduct Authority or the Prudential Regulation Authority. It is available for deposits with most UK high-street and online banks and means if the bank fails, and deposits become unavailable, the scheme may cover your deposit account deposit up to the £85,000 per person, per banking group limit.
Compensation limits are per person per firm, not per deposit. Be aware that if you have other deposits with this bank (or banking group) then the £85,000 protection applies only to eligible deposits up to this limit.
Who is Raisin?
At Raisin UK, we have one mission; to help you save time and make money. In Europe, Raisin has already helped over 150,000 consumers get competitive rates on their savings and now we're shaking up the UK savings market.
The Raisin UK savings marketplace is designed to provide savers with an easy way to apply, manage and fund savings products - all with attractive rates.
By registering for a Raisin UK Account, you'll only ever need to fill in one application form to enjoy simple one-click funding on a range of savings products from our partner banks. Play ludo win money.
Axis Bank Savings Account Interest Rate Best
How to open an account
Axis Bank Savings Account Interest Rate Monthly
About Axis Bank (UK) Ltd
Founded in 2013, Axis Bank UK Ltd. is a wholly owned subsidiary of AXIS BANK LTD. and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority.
Deposits made into savings accounts offered by Axis Bank UK Ltd. through the Raisin UK savings marketplace are covered by the Financial Services Compensation Scheme (FSCS).
This is a tiered variable rate account. Interest rates may change as often as daily without prior notice. Fees may reduce earnings. To qualify for the 0.70% APY you must open your new My Checking account and have a monthly Direct Deposit at least $1,000 from a third party to your My Checking account. Interest Rates on Domestic, Non Resident, Trust and Government Savings Account Deposits: Effective 20 th Oct, 2020, the interest on your Savings Bank Account has been revised as per the following interest rate structure.
Bank details
- Axis Bank Saving Account Interest Rates. Axis Bank customers can earn an attractive interest of up to 3.75% on their savings accounts and also enjoy a load of privileges and offers when they transact using their accounts. The interest rate is calculated on a daily basis and is paid to account holders after every quarter.
- Axis Bank Salary Account Balance: Rate of Interest: Savings Accounts Balance less than Rs.50 lakh: 3.50% p.a. Savings Accounts Balance of Rs.50 lakh up to less than Rs.10 crore: 4.00% p.a. Savings Account Balance of Rs.10 crore and above: 6% p.a.
- Bank deposits are one of the most popular forms of investment with the NRI and with good reason: the high interest rates and minimum risk factor ensure that your money is in safe hands. We have an array.
| Headquarters: | London UK |
| Year established: | 2013 |
Security and deposit guarantee
Deposits are eligible for protection by the Financial Services Compensation Scheme (FSCS) http://www.fscs.org.uk/. The FSCS is the United Kingdom's statutory deposit guarantee scheme that covers deposits in individual savings accounts up to £85,000, per banking group regulated by the Financial Conduct Authority or the Prudential Regulation Authority. It is available for deposits with most UK high-street and online banks and means if the bank fails, and deposits become unavailable, the scheme may cover your deposit account deposit up to the £85,000 per person, per banking group limit.
Compensation limits are per person per firm, not per deposit. Be aware that if you have other deposits with this bank (or banking group) then the £85,000 protection applies only to eligible deposits up to this limit.
Who is Raisin?
At Raisin UK, we have one mission; to help you save time and make money. In Europe, Raisin has already helped over 150,000 consumers get competitive rates on their savings and now we're shaking up the UK savings market.
The Raisin UK savings marketplace is designed to provide savers with an easy way to apply, manage and fund savings products - all with attractive rates.
By registering for a Raisin UK Account, you'll only ever need to fill in one application form to enjoy simple one-click funding on a range of savings products from our partner banks. Play ludo win money.
Axis Bank Savings Account Interest Rate Best
How to open an account
Axis Bank Savings Account Interest Rate Monthly
At your request, you are being redirected to a third party site. Please read and agree with the disclaimer before proceeding further.
This is to inform you that by clicking on the hyper-link/ok, you will be accessing a website operated by a third party namely Such links are provided only for the convenience of the Client and Axis Bank does not control or endorse such websites, and is not responsible for their contents. The use of such websites would be subject to the terms and conditions of usage as stipulated in such websites and would take precedence over the terms and conditions of usage of www.axisbank.com in case of conflict between them. Any actions taken or obligations created voluntarily by the person(s) accessing such web sites shall be directly between such person and the owner of such websites and Axis Bank shall not be responsible directly or indirectly for such action so taken. Thank you for visiting www.axisbank.com
Axis Bank Savings Account Interest Rate
Cover arranged by Axis Bank for its customers under Digit Illness Group Insurance Policy (UIN GODHLGP20142V011920). Participation to group insurance is voluntary.
