How to close Axis bank account online and offline in India?

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Short Answer

Axis bank cannot be closed in online mode. You need to visit the nearest Axis bank branch and will have to submit the Axis bank account closure form to the bank manager. Your account will be closed within ten working days.

Detailed Answer

Recently, Axis Bank has mandated that a minimum balance be kept in both the current and savings accounts, and many people are unable to meet this. However, if you also have an Axis Bank account and would like to close it for this or any other reason, we'll explain how to do it in a few simple steps here:

How to close Axis bank account online and offline in India?

Step 1. Download the Axis bank account closure form or get this form from the bank branch.

Step 2. Take printout of the closure form

Step 3. Complete all the fields, which include:

  • Account Number
  • Account holder(s) name
  • ATM Number
  • Reason for closure of the account
  • Mobile number linked with the account

Step 4. Once you have filled out and signed the form, now attach your ATM card, cheque book, and passbook with the form.

Step 5. Submit the form and attached items to the nearest Axis bank branch and collect an acknowledgment slip from the bank executive.

Is there any charge for closing an Axis bank account?

Axis Bank charges Rs. 500 for closing the bank account. However, the charges are levied if an account is closed between 14 days and 1 year. You don't have to bear any charges if you close an account within 14 days or after 1 year of account opening.

Closing Axis bank account in India

The Axis Bank can be closed offline by submitting the closure form . But before submitting the closure form, you must withdraw the entire amount. Additionally, if you have any outstanding debts, be sure to settle them as well; otherwise, your request to close the account might be rejected.

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Categories: Finance
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