Axis bank account closure

[CcMaverick]

I had an salary account with Axis bank. I changed my job and salary is no longer credited in that account.

Recently I got an email that my account will be converted to normal savings account with minimum monthly balance of 12000

They also started charging me for SMS charges recently.

Are there any benefits of keeping an Axis account or should I close it?

I already have icici and hdfc account where there are no charges nor any monthly balance requirement.

 

[D₹V]

I had an salary account with Axis bank. I changed my job and salary is no longer credited in that account.

Recently I got an email that my account will be converted to normal savings account with minimum monthly balance of 12000

They also started charging me for SMS charges recently.

Are there any benefits of keeping an Axis account or should I close it?

I already have icici and hdfc account where there are no charges nor any monthly balance requirement.

Close if you can't maintain.

 

[CcMaverick]

Close if you can't maintain.

Maintenance is not an issue. Already have balance running in lakhs.
With axis banks crazy policy changes and adding extra charges like for sms without even informing is what i am worried about.

 

[akshayhs]

adding extra charges like for sms without even informing is what i am worried about

 

[vine]

Maintenance is not an issue. Already have balance running in lakhs.
With axis banks crazy policy changes and adding extra charges like for sms without even informing is what i am worried about.

Double check, if this account is used anywhere, like policies, mutual funds, any other things. If not, close it.

 

[varun__goel_]

If you want you can upgrade it to liberty.
Thread 'Axis Bank Liberty Savings Account Benefits' https://www.technofino.in/community/threads/axis-bank-liberty-savings-account-benefits.1504/