Recognizing the growing trend of digital customers who frequently use subscription-based models, Axis Bank, a prominent player in India's private banking sector, has launched the 'Infinity Savings Account.' This savings account is not just a financial offering but a gateway to an elevated digital banking experience, tailored for the modern customer.
In a strategic move, Axis Bank aims to meet the preferences of customers who are not just comfortable but are frequent users of subscription-based models. The 'Infinity Savings Account' is positioned as the go-to choose for those who navigate the digital landscape with ease.
This innovative savings account goes beyond the conventional, providing account holders with exclusive privileges that redefine their banking journey. The focus is on delivering a transformative experience that aligns with the evolving expectations of today's consumers.
This revolutionary banking product is well-suited for customers seeking a hassle-free banking experience, as it eliminates all domestic charges, providing transparent and cost-effective services. The emphasis on digital processes, such as Video KYC for account opening, aligns with the growing trend of digital-first banking experiences.
In conclusion, Axis Bank's 'Infinity Savings Account' stands as an offering within the banking segment, representing the institution's commitment to customer-centric development. As the financial scene proceeds to advance, Axis Bank positions itself at the forefront of digital banking, delivering value and comfort to its clients
In a strategic move, Axis Bank aims to meet the preferences of customers who are not just comfortable but are frequent users of subscription-based models. The 'Infinity Savings Account' is positioned as the go-to choose for those who navigate the digital landscape with ease.
This innovative savings account goes beyond the conventional, providing account holders with exclusive privileges that redefine their banking journey. The focus is on delivering a transformative experience that aligns with the evolving expectations of today's consumers.
Key Features of 'Infinity Savings Account':
Subscription-Based Model:
- Customers can opt for a worry-free banking experience by subscribing to a savings account.
- Two flexible plans are offered: Monthly and Annual, with a nominal recurring fee of ₹150 per month or an annual fee of ₹1650.
- The subscription model eliminates concerns about fees for services or maintaining minimum balances.
Digital Account Opening:
- The account can be opened entirely through a Video KYC process, aligning with the bank's commitment to a seamless digital experience.
Exclusive Privileges:
- No Minimum Balance Maintenance Required, providing customers with flexibility.
- Waiver of all domestic charges, ensuring transparent and cost-effective banking.
- Complimentary debit cards and unlimited ATM withdrawals for added convenience.
- No charges on checkbook usage or transactions/withdrawals above limits.
Automatic Renewal:
- The annual plan, priced at ₹1650 (inclusive of GST), offers 'Infinity' benefits for 360 days and is automatically renewed after this period.
This revolutionary banking product is well-suited for customers seeking a hassle-free banking experience, as it eliminates all domestic charges, providing transparent and cost-effective services. The emphasis on digital processes, such as Video KYC for account opening, aligns with the growing trend of digital-first banking experiences.
In conclusion, Axis Bank's 'Infinity Savings Account' stands as an offering within the banking segment, representing the institution's commitment to customer-centric development. As the financial scene proceeds to advance, Axis Bank positions itself at the forefront of digital banking, delivering value and comfort to its clients
