30-10-2020

Dear Customer,

Thank you for banking with us.

In our constant endeavour to keep you informed and updated with all the developments pertaining to your account, we would like to bring to your notice that the Average Quarterly Balance (AQB) / Total Relationship Value (TRV) for your account will now be considered as on the 25th of every month for any applicable transaction fees due to non-maintenance of eligibility criteria.Please refer to your email or contact your Burgundy Relationship Manager (RM) for further details.

The charge will be applied on accounts not maintaining the Burgundy eligibility criteria as on the above date, as per transaction limits and fees thereof in line with Easy Savings variant.

The said change will be effective from the month of November 2020.

#Example:- For charge month as November 2020, Average Quarterly (AQB) / Total Relationship Value (TRV) would be considered until the end of the day of 25th November 2020 and in case the Burgundy eligibility criteria is not maintained, charge will be applied and would reflect in your < DEC 2020 > statement.

This change in eligibility criteria calculation cycle is with reference to the charges which were effective 01st August 2020. To know more on the transaction type, click here

To know more about the detailed fees & charges, click here

To learn about the Burgundy eligibility criteria, click here

Warm regards,
Axis Bank Ltd.