How to Close Your Axis Bank Account Safely and Easily

If you face any financial problems in maintaining a minimum balance, then you should close your Axis Bank account immediately. When you have decided to close your account and you do not want to conduct any more operations, it is better that you close your account.

Axis Bank also allows you to close your bank account in case of a non-operational status. There can be many reasons for closing bank accounts, such as multiple accounts, branch availability, change of address, etc. If you are willing and want to know how to close an Axis Bank account, this guide will help you.

Otherwise, to continue your account you must maintain a minimum balance of Rs 10,000/- to enjoy banking services. This is one of the largest private banks having more than 4758 domestic branches across India.

This bank also provides many online banking facilities to users. Most employers prefer this bank for opening salary accounts for their employees.

Maybe you know, not only salary accounts, but this bank also offers to open a savings account online in a few steps.

When should you close your Axis Bank account?

There will be various reasons to close the account in Axis Bank. So, if you are facing these issues, you must close your account. These are…

• Maintaining a Minimum Balance
• Having Multiple Bank Accounts
• Availability of Branch
• Due to a Change of Address
• Poor Customer Care Services
• Limited Online Banking Services

So if you are facing those problems, it will be a headache. Then you should close your account. Check here if you want to know how to close an ICICI bank account.

Steps to Close Your Axis Bank Account

If you don’t want to continue, you can close your account online or by visiting the branch. So, here below, we will mention a step-by-step guide to help close your account. But, to close an account with Axis Bank, you have to pay Rs.500 as a closing charge.

1. Pay any outstanding balance: Before starting the account closure process, be sure to pay any outstanding balance on your account, including any loans, credit card payments, or pending fees.
2. Visit the Nearest Axis Bank Branch: Once all the dues are cleared, visit the nearest Axis Bank branch in person. Make sure to carry your ID proof and address proof along with you.
3. Submit account closure request: Ask the bank executive to provide you with the account closure form. Fill out the form with all the required details and submit it along with the required documents.
4. Pay the bank account closing charges: Pay the bank account closing fee, the bank account closing charges will be Rs.500/-.
5. Return chequebooks, debit cards and passbooks: If you have unused cheques, your debit card or your passbook, return them to the bank. Be sure to obtain a receipt for returned items.
6. Check for any discrepancies: If there are any discrepancies in the closing process, contact Axis Bank’s customer care to get them resolved.
7. Wait for confirmation: After submitting the account closure form and returning all unused items, wait for Axis Bank to confirm that your account has been successfully closed.

Note: That’s all; you don’t need to do anything else. Your account will be closed within seven working days. Verify that your account is no longer active and that there are no pending charges or transactions.

Can I Close My Axis Bank Account Online?

Unfortunately, there is no direct option to close your Axis account online. You can download the account closure form online on the official website of Axis Bank. You don’t need to visit the branch for the account closure form. So, download and fill out the closure form and attach the following banking products.

• ATM/Debit Card (Cut into 4 pieces)
• Credit Card (Cut into 4 pieces)
• Chequebook
• Bank Passbook

Now, you can visit the nearest branch, which is a more efficient way of closing your Axis Bank account. Don’t send it to any Axis bank address or e-mail address. It is not the right way to close the bank account.

Steps to Close Axis Bank Salary Account?

It does not matter which bank account you have. For example, if you have a salary account in Axis Bank and want to close it for any reason, you can do it. You have to follow the above steps which we are already mentioned.

Visit the branch of Axis Bank and fill out the bank account closure form. You have to pay account closing charges of Rs 500/-. Submit the Closure form along with your debit card and blank cheque leaves to the Bank Manager. It will take at least ten days for your account to be closed.

How to Close Axis Bank Demat Account?

It is similar to closing any other Axis Bank account; you need to download the Axis Bank Account Closure Form or visit the nearest branch. You have to clear all the balances and make your account zero balance at the closing time.

You have to pay the bank account closing charges of Rs 500/-. Fill out the closure form and submit it to the bank manager. Don’t forget to submit your debit card and blank cheque leaves during closing time.

Axis Bank minimum balance and charges

There have charges for closing the bank account in Axis Bank. It is not free for the customers; they need to visit the branch to close their bank account. The details of the Axis Bank account minimum balance, closing and other charges are as follows.

How to Close Axis Bank Asap Account?

You can open ASAP accounts online with your PAN Aadhaar card. But, to close this account, you must visit the Axis Bank branch and submit an application to the manager.

Closure form download

Axis Bank Account Closure Form will be available on the official website, where you can download it, or we have provided below the official link to download it. You can download it by clicking on it.

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