Axis Bank offers an entire spectrum of financial services for personal banking. Keeping in mind the need of the hour, Axis Bank recently launched a full power digital account with Video KYC. In this post, I will tell you how to open Axis Bank Digital Account with Video KYC.
Axis Bank promotes this account with the tagline, “Banking ka full power, aapke ghar se Open”. This post provides detailed information about Axis Digital Account online.
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Axis Bank Digital Account
The Axis Digital Savings Account is a new age savings account offering a fully digital account opening process. You can open it with video KYC in 4 easy steps. For this, you need not visit a branch at all.
All you need is your Aadhaar card, PAN card, and other basic details. Since the account opening process is completed through Video KYC, therefore, you must use a camera-enabled device when applying.
Features & Benefits of Axis Digital Account
1. No need to visit the branch for availing 250+ services online.
2. No paperwork, account activated within 60 minutes.
3. Once it is activated, you can start transacting securely via Debit card, UPI, NEFT, IMPS, and RTGS.
4. Get your E- Debit Card (virtual) loaded with offers instantly on account opening.
5. Online Rewards Debit Card (physical) loaded with benefits dispatched to your communication address after account opening.
6. Signature update via the Axis Mobile app. You can update any time after the account opening.
7. Currently, the Axis Bank online savings account with video KYC is available only for single account holders.
8. You need to voluntarily share your Aadhaar details to open Axis Bank savings account online.
10. You need to maintain a Monthly Average Balance of Rs.10,000 for Easy Access Savings Account and Rs.25,000 for Prime Savings Account.
Eligibility to open Axis Digital Bank Account.
The applicant must meet the following eligibility criteria to open an Axis Full Power Digital Savings Account:
1. Individuals of age 18 years and above.
2. He/she must be an Indian citizen.
3. Valid Aadhaar and PAN number.
4. A valid mobile number linked to your Aadhaar card.
5. Must use a camera-enabled device (desktop, laptop, or mobile) when applying for the Video KYC process.
6. The applicant is applying from India.
Types of Axis Digital Account
You can choose from a range of savings accounts:
Easy Access Savings Account
1. 1% cashback on all online spends.
2. Complimentary times prime membership.
3. Air, accident, and baggage insurance.
4. 250+ banking services online.
5. Initial funding of Rs.15,000.
6. Monthly Average Balance of Rs.10,000.
Prime Savings Account
1. Unlimited free ATM transactions.
2. 1% cashback on all online spending.
3. Free times prime membership.
4. Air, accident, and baggage insurance.
5. 250+ banking services online.
6. Initial funding of Rs.15,000.
7. Monthly Average Balance of Rs.25,000.
How to open Axis Bank Digital Account with Video KYC?
The Axis Bank saving account opening online with video KYC in 4 simple steps.
1 PAN and Aadhaar verification
2 Fill personal details
3 Fund your account
4 KYC verification via video call
Axis Bank Digital Account opening process
1. First of all, visit the Axis Bank savings account page. Here you will find the “Open Online” option under Easy Access / Prime Savings Account. Click on it. (Click here). 
2. Next screen, choose account type Easy Access or Prime as per your need.
3. Next screen, you need to click on the “Apply Now” tab to proceed.
4. Here you need to click on the “Continue” tab to agree to accept all applicable terms & conditions and privacy policy.
5. Next screen, enter your Pan Number, Aadhaar number or VID, and mobile number linked with your Aadhaar. Click on the “Proceed” tab.
6. You will receive an OTP on your Aadhaar linked mobile number. Enter the OTP in the space provided. Click on the “Confirm OTP” tab.
7. Once PAN and Aadhaar verification is complete, you need to fill your personal details.
8. Next, add the initial fund to it. The initial funding amount is Rs.15,000. You can add the initial funding amount using any bank net banking, debit card, or UPI.
9. Upon successful funding, you need to complete your KYC verification via video call. During the video call, you will be asked a few questions. Additionally, the bank’s executive will capture a live photo for you as well as your PAN card details.
10. Once the video KYC process is complete, you will be taken to a page displaying your Account and Virtual Debit card details. You will have an option to set the PIN for your Virtual Debit Card. You will get the same via email in a password-protected document.
Axis Bank Digital Account FAQs
The following are some FAQs about Axis Digital Account:
1. Is it mandatory to share Aadhaar details to open Axis Digital Account?
Yes, you need to voluntarily share your Aadhaar details to open it. If you do not want to share your Aadhaar details, you may visit your nearest bank branch to open an account.
2. Can a Joint Account be opened?
Currently, this account is available only for single account holders.
3. What are the daily transaction limits for debit cards?
The Virtual Debit Card has a transaction limit of Rs.1 lakh per day. The Online Rewards Debit Card has a transaction limit of Rs.5 lakh per day. You can modify this limit using internet banking or the Axis Mobile app.
4. Will I receive a cheque book?
You needs to update your signature to be eligible for a cheque book.
5. Fees and charges applicable for Axis Digital Savings Account.
To know the detailed list of fees & charges on your Axis Digital Bank Account, please click here.
6. What is the maximum time within which the applicant has to complete the application?
The applicant needs to complete all 4 steps of the application within 3 days from completion of the Aadhaar based OTP verification.
7. Do I need to visit a branch after opening the account?
There is no need to visit a branch post account opening.
Final Thoughts
Axis Bank Digital Account is a new age full power digital savings account. You can open Axis Digital Account right from the comfort of your home using video KYC. All you need is your Aadhaar, PAN, and other basic details. No need to visit the branch post opening for availing 250+ services online.
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