Everything You Need to Know About Axis Bank Mobile Banking

Everything You Need to Know About Axis Bank Mobile Banking

Axis Bank

Service

NRE Account

NRO Account

FCNR Account

Account Opening Fee

Free

Free

Free

Minimum Balance Requirement

AED 10,000 or equivalent in INR

AED 10,000 or equivalent in INR

AED 5,000 or equivalent in Foreign Currency

Monthly Maintenance Charges

Free if balance is maintained

Free if balance is maintained

Free if balance is maintained

Non-Maintenance Fee

AED 50 (if minimum balance is not met)

AED 50 (if minimum balance is not met)

No fee

Remittance Charges (Dubai to India)

AED 10 to AED 25 (depending on amount)

AED 10 to AED 25 (depending on amount)

AED 15 to AED 30 (depending on currency and amount)

ATM Withdrawal Charges

Free at Axis Bank ATMs (India)

Free at Axis Bank ATMs (India)

Free at Axis Bank ATMs (India)

Cheque Book Issuance

Free (first cheque book)

Free (first cheque book)

Not applicable

Interest Rates on Deposits

2.5% – 5% per annum

2% – 4% per annum

Varies by currency and tenure (typically higher for longer tenures)

Debit Card Issuance Fee

AED 20

AED 20

Not applicable

Fund Transfer to India

Free for Online Transfers

Free for Online Transfers

Not applicable

Tax on Interest Earned

No tax (in India)

30% TDS (Tax Deducted at Source) on Indian Income

No tax

As we know in this digital world banks are comfortable and the best options that cater to your financial needs. Axis Bank is one of the leading private sector banks which offers financial products and services in Dubai. Moreover, it was founded in 1993 and attracts millions of customers worldwide due to its top class. The dedication of Axis Bank to customer satisfaction and innovative banking solutions enhances your experience in the vibrant city. Furthermore, you can also benefit from Axis mobile app and internet banking. In this detailed blog, we will explore the services and account opening of Axis Bank.

Must Read: How to Easily Check Your FAB Bank Balance Online!

Services Offered by Axis Bank

Personal Banking 

The Bank offers its customers an extensive range of savings accounts with top benefits like high interest rates. In Axis Bank, you can easily avail of the option of different types of loans like home loans and car loans. Moreover, you can also choose from a wide range of credit cards that cater to your needs for shopping and traveling.

Business Banking

Axis Bank allows you to experience accounts that are helpful for you to manage your business whether it is small or large. Moreover, in this private bank, customers can also avail of the option of services like working capital loans and term loans.

Digital Banking

If you choose Axis Bank in Dubai then you simply can access services like internet banking and mobile banking apps. Moreover, it is user-friendly and allows you to pay bills and apply for a loan from your home.

Must Read: Everything You Need to Know About Dubai Islamic Bank

Representative office of Axis Bank in Dubai

Location

City

Branch

Services

Contact No.

Operating Hours

Axis Bank Representative Office, Dubai

Dubai

Representative Office

NRI Account Services, Remittance Services, Investment Services

Available on Axis Bank’s UAE website

Typically 9:00 AM to 5:00 PM, Sunday to Thursday

How to Create an Account with Axis Bank

In Dubai, if you are willing to create an account with Axis Bank you can use methods like online or branch visits. Moreover, for this purpose, here is a step-by-step guide that is helpful for you.

Choose the Type of Account

Firstly, you have to choose the type of account that you want to create with Axis Bank in Dubai. Moreover, accounts like NRE, NRO, and FCNR are popular among customers as they are beneficial in this beautiful city.

Prepare the Required Documents

Whether you want to create a NRO or NRE account, it is good to provide all required documents to start the process. Moreover, you must have documents like a UAE Resident Visa, Passport, Proof of Address, and work permit.

Visit a Branch or Apply Online

To open an account, you have to visit the nearest Axis Bank branch. Moreover, for this purpose, you can also visit the official Axis Bank website. 

Send Your Documents

Now you have to provide or upload all required documents to create an account with Axis Bank.

Fund Your Account

When your account is opened, you are able to start funding it through bank transfers. So, it is important to know about it as it is a way to transfer money.

Activate Mobile and Internet Banking

At last, when your account is opened then remember to activate mobile banking and internet banking as it is easy to use.

Must Read: How to Open a FAB Bank Account Online: Easy Steps

Tips for Maximizing Your Axis Bank Experience

Avail of Digital Banking Services

It is good to avail use of the Mobile app and online banking of Axis Bank as it offers you comfort and peace of mind.

Utilize Customer Support

Always remember to get assistance from the customer support team of Axis Bank whenever you face any issues. 

Activate SMS and Email Alerts

It is vital to set up SMS and Email alerts as they are good for you to stay informed about important updates.