Are you looking for an option to close your axis account online or to Deactivate your Axis Account? In this guide, we have written multiple ways you can close Axis Bank Account Online.
Axis bank is the third largest and one of the best private banks in India. Most of the companies prefer their employees to open their salary accounts in Axis Bank. It is better than other apps because Axis bank offers many good benefits to its users. Some of them are No minimum balance required, Rewards on each shopping, Personalized manager, good customer service, etc. However, for some reason, if your salary stops coming into your account, then you will not get these amazing privileges from Axis bank. For this reason, most people think to close their accounts. So if you are searching for How to close an Axis Bank account online, your search will end here.
Table of Contents
- How can I close a bank account in Axis?
- How To Close Axis Bank Account Online
- Things To Do Before Closing Axis Bank Account
- Steps To Deactivate Axis Account Online
- Axis Bank Account Closure Form download
- How to Close Axis Bank Salary Account
- How to Close Axis Bank Asap Account
- How to Close Demat Account in Axis Bank
- How to Close Axis Bank Account With Negative Balance
- Frequently Asked Questions
How can I close a bank account in Axis?
For a normal Axis Bank saving account, you need to maintain a minimum of Rs 5000 in your account, which might be difficult for someone depending upon financial conditions. Moreover, if you cannot maintain the minimum balance, then Axis bank will charge you some, which can be worse for middle-class persons. To stop these charges, you can maintain the required balance or close your Axis bank account to stop unnecessary charges.
In this article, we will tell you the working ways to close your Axis bank salary/saving/current account easily.
How To Close Axis Bank Account OnlineNote: if you are wndering how to close axis bank account without going to the bank, sadly there is no such ways to close the axis bank account online. You can download the closure form online but you need to visit the branch to submit the closure form so that you can close your axis bank account.
Things To Do Before Closing Axis Bank Account
Transfer Or Withdraw The Remaining Balance From Your Account
Make sure to transfer all your funds from your Axis bank account to your other bank account. You can use UPI, NEFT, RTGS, IMPS, or use your Debit card to add money to the Paytm wallet. Apart from this, you can withdraw the remaining balance and deposit it in other banks.
Steps To Deactivate Axis Account Online
1. First of all, withdraw all your leftover balance from your account. After withdrawing the money, Download the Axis Bank Account closure form. You can visit the branch and ask them for an account closure form as well.
2. After receiving the form fill it with the required details.
3. Now, visit your home branch along with your original bank passbook, Debit card, Chequebook, and ID proof along with you.
4. After that, submit the form to the bank executive along with your Passbook, Debit card, and Chequebook. In most cases, the bank will return your Passbook but still take it with you for hassle-free closure. You can also save a photocopy of these documents for future reference as well.
5. The bank executive may provide you a reference slip for the closure of your bank account.
6. After all this, your axis bank account will be closed in the next 10 working days, and you will receive a message on your registered mobile number and Email as well.
Note: If it takes more than 10 days to close your account, then you can contact the branch manager or customer care at 1860 419 5555 for further assistance.
Axis Bank Account Closure Form download
The axis bank account closure form link is attached below; please print and fill it and go to your nearest branch to close an axis bank account.
How to Close Axis Bank Salary Account
Axis bank converts your salary account into normal savings account if your salary is not credited into the bank for three months. So, the process to close the axis bank salary account is also the same as any normal account. Please go to the bank and ask your RM that you want to close the axis bank account.
How to Close Axis Bank Asap Account
Although ASAP accounts can be opened online, you need to visit any Axis Bank branch and submit a written application to your Axis ASAP account.
How to Close Demat Account in Axis Bank
Closing a Demat account in Axis Bank is similar to closing any axis bank account online; you will have to download the axis bank account closure form and go to the nearest branch to close the Demat account in the axis bank. Also, if you have any outstanding amount in your Axis bank Demat account, you have to clear that outstanding amount while closing the Demat account in axis bank.
How to Close Axis Bank Account With Negative Balance
In case your axis bank account has a negative balance, you can still close it by going to the nearest branch. The bank manager might ask you to pay the -ve balance. Simply just refuse to pay and ask them to close it. They will do it.
Frequently Asked Questions
Is there any charges for closing Axis bank account?
Axis bank does not charge you any amount if you close your account within 14 days of account opening or after 1 year. However, if you close your account after between 14 days and 1 year, they will charge a minimum of 500 INR for account closure. However, this amount might be different depending upon the type of account you have in Axis Bank. You can contact customer support or visit the branch for more accurate information.
How To Close Axis Bank Account With Negative Balance?
Axis bank charges minimum balance charges if you’re unable to maintain it. There are no such ways to close the Axis bank account with a negative balance. You need to pay the full amount first to close your account. If you have a negative balance and want to close your account, we advise you to pay the rest amount as soon as possible and close the account; otherwise, your negative balance will increase per month for not maintaining the minimum required balance.
How To Get Axis Bank Account Closure Form?
The account closure form is mandatory if you want to close your account. You can visit the branch and ask them for an account closure form, or you can download the Axis Bank account closure form and take a print of it and fill it with the required details. This will save a lot of your time as you don’t need to fill it in the bank.
How can I close my Axis bank account online?
The most common question we receive is, “Can we close Axis bank account online?” To be honest, there is no such way to close an Axis bank account online. Not only Axis bank, but you cannot close any of the bank accounts online (except few online banks). You can download the account closure form online, but you need to visit your home branch along with your Passbook, Chequebook, and Debit Card to close your bank account.
Can I Close The Axis Bank Account Through The App?
You can do basic banking tasks such as Fund Transfer, Bill Payments, Open FD & RD, Apply for Credit Card & Loans, Download statements, etc., but you can not close your account.
how to close axis bank account without going to the bank
Sadly, there aren’t any way to close Axis bank account without going to bank.
So it was the post about How To Close Axis Bank Account Online. I hope I clear all your doubts and queries in the Faqs section. However, if you still have some doubts lefts then feel free to ask us in the comment section and we would love to help you as soon as possible.