Revision of Fees & Charges for Burgundy Accounts

W.e.f. 1st April'2023, fees & charges for your Burgundy accounts (NR, Savings and Salary schemes) will be revised and would be applicable as below in case the product eligibility criteria is not met as on the 25th of every month:

Transaction Fee	Tariff Structure	Charges beyond free limit
Monthly Cash Transaction Free Limits	First 4 Transactions or Rs 1 lakh whichever is earlier	Rs.5 per Rs.1000 or Rs.150, whichever is higher
Monthly free Limit for Third party Cash transactions	Free monthly limit: INR 25,000	Post free limits, INR 10 per INR 1,000 or part thereof, subject to a minimum of INR 150/-
Monthly Cash Transaction: (Non-Home Branch)	Cash transactions upto Rs.25000 per day	Rs.5 per Rs.1000 or Rs.150, whichever is higher
Fair usage fees on branch transactions	15 transactions free per month post which charge of Rs.75/transaction would be levied.
Axis Bank ATM: No. of Free Transactions	First 5 transactions Financial	Rs.21 per financial transaction
Non- Axis Bank ATM: No of Free Transactions	- First 3 transactions (Financial + Non-Financial) free in Metro, or - First 5 transactions (Financial + Non-Financial) free in all Other Locations	Rs.10 per non-financial transaction Rs.21 per financial transaction
Outstation Cheque Collection Fees:	Up to Rs.5,000: Rs.25/cheque, Rs.5,001 - Rs.10,000: Rs.50/cheque, Rs.10,001 - Rs.1 Lakh: Rs.100/ cheque, Above Rs.1 Lakh: Rs.200/ cheque
IMPS Fees	Rs. 1 to Rs. 1000 - NIL charges, Rs. 1000.01 to 1,00,000 - Rs.5 per transaction + taxes, Rs. 1,00,000.01 and above - Rs.15 per transaction + taxes.
Standing Instruction / Auto Debit Return (Insufficient Funds)	Rs. 250 per failure
Inward Cheque Return- Non - Financial Reasons	INR 150/ instance
ATM Cash withdrawal transaction failure charges due to insufficient fund at any bank ATM due to insufficient fund in customer's savings account	Non-Axis ATM - Rs. 25 per instance Axis ATM - Nil
Value Added SMS Alerts	25 paise per SMS charge Max cap per customer Rs. 15/quarter (only non-mandatory SMS)
Transaction Decline Fee at POS terminals due to insufficient funds in Savings account	Rs 25 per instance
Cheque Book Issuance Fee	20 cheque leaves free per year, additional leaf charged at Rs.4/leaf
Duplicate Passbook	Rs. 100 per instance
Physical Statement Fee at branch for prior quarters	Rs. 100 per instance
Duplicate PIN(Branch mode only)	Rs.100
Stop Payment Instructions: Cheque	Rs.50 per cheque, with a maximum of Rs.100 for Series (>2)
DD/PO Cancellation	Rs.100
DD/PO Duplicate	Rs.100
DD/PO Revalidation	Rs.100
DD/PO Issuance	Upto INR 10,000 – INR 50 INR 10,000 – INR 20 Lakhs- INR 5 per 1000 (min INR 75/-max INR 7,500) INR 20 Lakhs – INR 1 cr- INR 5 per 1000 (max INR 10,000) Above INR 1 cr- INR 5 per 1000 (max INR 15,000)
Address Confirmation	Rs. 50 per instance
Photo Attestation	Rs. 50 per instance
Signature Verification	Rs. 50 per instance
Balance Certificate	Rs. 50 per instance
ECS/NACH transaction charges (Applicable irrespective of maintaining product criteria)	Rs. 25 per transaction with cap of Rs. 100 a month