Axis Bank|Internal

IMPORTANT NOTICE FOR SAVINGS CUSTOMERS

Introduction of Fee on Negative behaviour with effect from 1st April 2020:

a) ATM Transaction failure charge – Extending charge to Axis Bank ATMs

It is now proposed to extend the charge to failure transactions performed at own ATMs as
well.

Fee Existing Proposed

On-us ATM cash withdrawal
transaction failure charges due Nil Rs 25/txn
to insufficient funds

b) Additional transaction failure fee for accounts not maintaining balance

Proposed for accounts not

Transaction Failure Type Existing maintaining desired
(In Rs per txn) balances*
(In Rs per txn)
NACH 500 650
SI 250 300
Inward Cheque/ECS 500 650
Outward Cheque 200 250
Auto debit 250 300
ATM 25 50
POS 25 50
* Accounts not maintaining balances in Month M-1 and M wherein the transaction incidence is in
month M will be eligible for the higher rate structure

c) Fair usage fees on branch transactions

It is proposed to introduce Fair usage fees for branch transactions which include branch
Cash, Outward clearing, Fund transfer, RTGS/NEFT & Remittances.

Fee Existing Proposed

15 txn free/month would be permitted
and charge of Rs 75/txn would be
Fair Usage Fees Nil levied 16th transaction onwards.
This is over and above the existing fee
structure.

d) Free limit rationalization on Cheque book facility for Easy and equivalent schemes

It is proposed to rationalise the cheque book rate structure in line with market practice
as under

Fee Existing Proposed

One multicity Cheque Book
per quarter (20 leaves). Rs. 60
Cheque Book
per chequebook (20 leaves).
Per Cheque/Leaf Rs. 3
One multicity Cheque Book
per year (20 leaves). Rs. 100
per chequebook (20 leaves).
Per Cheque/Leaf Rs. 5