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.

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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

Axis Bank also maintains a representative office in Dubai and whichh gives the necessary point of contact with its customers in the UAE. Although the office does not have full-fledged banking services within the locality, it offers account opening, customer care, and counseling to carry out transactions with the Axis Bank branches in India.

The representative office in Dubai perfectly suits the NRIs (Non-Resident Indians) and expatriates who desire to:

  • Open FCNR, NRO or NRE accounts.

  • They are covered in terms of remittances to India.

  • Find out the loan products of Axis Bank and the deposit plans.

  • Get assistance in the setup of mobile and internet banking.

Axis Bank Mobile Banking App

The Axis Mobile App is one of the most efficient ways to manage your finances on the go. Designed with a user-friendly interface and high-security standards, the app offers a wide range of features:

Key Features:

  • Balance Inquiry: Check your account balance instantly.

  • Fund Transfers: Send money to India via NEFT, RTGS, or IMPS.

  • Bill Payments: Pay utility bills, credit card bills, and mobile recharges.

  • Deposit Management: Open or close fixed deposits directly through the app.

  • Loan Management: Apply for personal or home loans and track your loan status.

  • Card Services: Block/unblock debit cards, request replacements, or set spending limits.

  • Secure Login: Biometric and MPIN login options for added safety.

How to Register for Axis Mobile Banking

Step 1: Download the Axis Mobile App from the App Store (iOS) or Google Play Store (Android).
Step 2: Open the app and select ‘Login’.
Step 3: Enter your Customer ID and account details.
Step 4: Authenticate via OTP sent to your registered mobile number.
Step 5: Set your MPIN or biometric login preferences.

Once registered, you can access all digital banking features anytime, anywhere.

Benefits of Using Axis Mobile Banking in Dubai

  • Round-the-clock, real-time access to the account anywhere in the globe.

  • Competitive Exchange Rates in Remitting towards India at the lowest possible cost.

  • Time-Saving- most services do not require one to go to a branch.

  • Advanced encryption and authentication to Secure Transactions.

Final Thoughts

The Axis Bank has a good mix of accounts friendly to NRIs, an easy and convenient remittance solution, as well as innovative solutions in mobile banking for its customers in Dubai. Be it managing your savings, remitting money home, or transacting business finances, the mobile and internet banking facility provided at Axis Bank makes it very easy, quick, and safe.