New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which bank has launched 'Infinity Savings Account' 

    that is offering special features for its customers, including no domestic transaction charges in exchange for monthly fees & aims to appeal to those who frequently adopt subscription-based models?
    A ICICI Bank Correct Answer Incorrect Answer
    B HDFC Bank Correct Answer Incorrect Answer
    C Axis Bank Correct Answer Incorrect Answer
    D YES Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Axis Bank, launched its 'Infinity Savings Account'  that is offering special features for its customers, including no domestic transaction charges in exchange for monthly fees. The move aims to appeal to those who frequently adopt subscription-based models. This innovative savings account provides Axis Bank customers with exclusive privileges such as a waived average monthly balance (AMB) requirement, complimentary debit cards, and a waiver of all domestic charges against a small monthly recurring fee of Rs 150 or an annual fee of Rs 1,650.

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