We are only conducting Seminars to make Professional Traders. Join Now for Hyderabad and Chennai Seminar.

Axis Bank Average Quarterly Balance (AQB) Charge Structure

It is important that one is conversant with latest Axis bank schedule of charges and projected average quarterly charges to avoid paying any unwarranted penalty. Have a look at below info and screenshots to get updated charges and balance requirements.

Axis bank has revised their projected average quarterly balance (AQB) charges and this intimation is popping up on accessing the net banking. The details of latest Axis bank AQB are as appended with details appearing on login are as following:

The message reads that Axis bank periodically review their charges and fee structures so as to stay in line with market practices and related changes. As part of the review, the Average Quarterly Balance (AQB) requirements of various accounts have been revised with effect from next quarter cycle i.e. 15th June – 14th September, 2012.The revised AQB requirements are as below:-

Axis Bank Average Quarterly Balance (AQB) Charges

Axis bank Latest Average quarterly balance charges

  • The AQB charge waiver on the mentioned product codes basis the fixed deposit relationship value will be discontinued from next quarter cycle i.e. 15th June – 14th September, 2012 onwards. *The requirement is on the Half Yearly Average Balance.
  • There is no change in AQB balance requirement for the products not mentioned in the above table. Your product/scheme code is given on the front page of the account statement. For any clarification please contact your branch. Non-maintenance of AQB balances attracts charges as per extant guidelines.
  • Also, we have revised our Cash Transaction Limits and Charges for Anywhere Banking services, which allow you to deposit or withdraw cash at any Axis Bank branch pan India.
  • These charges will be calculated on a monthly basis and will come into effect from 15th May 2012 to 14th June 2012 (monthly charge cycle).

Axis Bank Charge Structure


*In addition to the above-mentioned charges, service tax/other applicable taxes shall be charged and payable by the customer as per government rules and regulations. Charges shall not be applicable on Cash transactions at Axis Bank ATMs.

Following products are excluded from the above changes - Wealth (All schemes), Privee (All schemes), Retail Trust, Government Trust (All schemes) and the following schemes are excluded from cash charges: SBNRE, NREPM, NREPI, NROPI, NREZR, NRISL, SBMIA, PBNRE, SBSDF, SBSTF.

It is very important that one ensures minimum balance in the bank account for the quarter (qtr) to avoid paying hefty penalties which comes as a shock of the life.

Most Visited Stocks - Click to Visit Link


"First off all, I just want to say that your service is excellent – by far the best tips service I have encountered and quality of your Jackpot tips is really good and noticed that now I am getting daily profit. I can say that it makes a difference to choose the correct tips provider and it was my luck that I stumbled on your website."

- Rajesh


We Compliment you for becoming a part of mega family of more than 12 Lakh Smart Traders who are getting benefitted with our services worldwide. We assure You that we will deliver more than what we promise. Do remember to leave questions and Feedback. Your Success is Guaranteed with us!

You can Contact us through Contact Box provided on website or Email at info@indian-share-tips.com. You can make Online Payment through Payment Gateway installed on the website as we offer you the highest standard of security currently available on the Net so as to ensure that your online transaction is Private, Safe and Secure.

We Teach and Train our Clients as we want to make sure that clients trade in market as a thorough professional. Charges if any being paid by you are for the teaching and training. We do not provide any stock tips. Your joining is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9