Women today are leading in every sphere of life, from managing households to excelling in careers and entrepreneurship. With this growing financial independence, there is a need for a banking solution tailored to the unique requirements of women.
To fulfill this need, Axis Bank has introduced the ARISE Women’s Savings Account, a premium banking product that combines financial solutions, lifestyle benefits, family privileges, and exclusive rewards. It is designed to support women in every aspect of their financial and personal journey.
Why Choose the ARISE Women’s Savings Account?
The ARISE Women’s Savings Account is more than just a regular savings account. It offers a holistic approach to banking, ensuring convenience, financial growth, and exciting lifestyle perks.
- Financial Solutions
Start your financial journey with tools and services created exclusively for women.
Key highlights include:
First-Year Free AMC: No annual maintenance charges on your Demat account in the first year.
Curated Investment Options: Access to specially designed stock baskets, ideal for beginners and experienced investors alike.
Dedicated Helpdesk: A support team focused on resolving your financial queries quickly and effectively.
- Lifestyle Benefits
Enjoy exclusive lifestyle privileges that make your everyday life rewarding:
Free 3-Month Swiggy One Membership: Enjoy free deliveries and discounts on food orders.
10% Discount at Nykaa: Special savings on beauty and fashion products.
Quarterly Complimentary Domestic Airport Lounge Access: Travel in comfort with one free visit every three months.
- Family Banking Privileges
ARISE benefits extend to your family members, making it a comprehensive family banking solution.
Waiver on Initial Funding: For your child’s minor account to encourage early savings.
Flexible TRV (Total Relationship Value): Combine benefits across three family member accounts for maximum advantage.
Extra Locker Discount: Get an additional 10% discount on locker rentals.
- Locker Discounts
Keep your valuables safe with secure locker facilities while saving money.
Zero Rental Charges: No rental fee for small and medium lockers during the first year.
50% Discount: On locker fees starting from the second year onward.
Exclusive Cards with ARISE Account
When you open an ARISE Women’s Savings Account, you get access to two premium cards with exceptional benefits.
ARISE Debit Card
High Transaction Limits:
POS Transactions: Up to ₹1.5 Lakhs
ATM Withdrawals: Up to ₹1 Lakh
Free Airport Lounge Access: One complimentary visit per quarter.
Reward Points: Earn 1 EDGE REWARD point for every ₹200 spent.
Lifetime Free NEO Credit Card
10% Instant Discount: On BookMyShow tickets, up to ₹100 per month.
Up to 40% Discount on Zomato: Enjoy savings on food orders.
Reward Points: Earn 1 EDGE REWARD point for every ₹200 spent.
Eligibility Criteria
To open an ARISE Women’s Savings Account, you must meet one of the following criteria:
- Maintain an average monthly balance of ₹50,000 in a savings account, OR
- Maintain an average monthly balance of ₹1,00,000 across savings and current accounts, OR
- Maintain a Total Relationship Value (TRV) of ₹2,00,000 across accounts, term deposits, and mutual funds.
Why ARISE is More Than a Bank Account
The ARISE Women’s Savings Account offers a perfect blend of banking, lifestyle, and family benefits. It helps women not only save money but also enjoy exclusive rewards and privileges that enhance their overall experience. It empowers women to take control of their financial journey while providing tools to plan for their family’s future.
Whether you are a working professional, homemaker, or business owner, ARISE is designed to support your goals.
Steps to Open an ARISE Account
Opening an ARISE Women’s Savings Account is simple:
- Visit your nearest Axis Bank branch or apply online.
- Submit identity proof, such as Aadhaar, PAN card, or passport.
- Fulfill the required balance or TRV criteria.
- Complete the account verification process.
- Start enjoying the ARISE benefits immediately.
20 FAQs About ARISE Women’s Savings Account
- What is the ARISE Women’s Savings Account?
It is a specialized savings account designed exclusively for women, offering premium financial, lifestyle, and family benefits. - What is the minimum balance requirement?
You need to maintain an average monthly balance of ₹50,000 in a savings account. - Are there benefits for family members?
Yes, you can extend TRV benefits across three family member accounts. - Is there an annual fee for the Demat account?
The first year comes with no annual maintenance charges (AMC). - What lifestyle benefits are included?
Free Swiggy One membership, Nykaa discounts, and complimentary airport lounge access. - Are locker services free?
Yes, small and medium lockers are free for the first year. - What are the locker charges after the first year?
You get 50% off locker fees from the second year onward. - Is the NEO Credit Card free for life?
Yes, the NEO credit card comes with no lifetime fee. - Can I earn reward points?
Yes, both debit and credit cards allow you to earn EDGE REWARD points. - What are the airport lounge benefits?
One complimentary domestic airport lounge visit every quarter. - Can I open this account online?
Yes, you can apply online or visit your nearest Axis Bank branch. - What documents are required to open the account?
You need identity proof like Aadhaar, PAN, and address proof. - Can I link my child’s account to ARISE?
Yes, you get an initial funding waiver for your child’s minor account. - Are there discounts on entertainment?
Yes, you get up to ₹100 discount per month on BookMyShow tickets. - Are there food delivery discounts?
Yes, enjoy up to 40% instant discount on Zomato orders. - Does ARISE offer investment support?
Yes, it provides access to exclusive stock baskets designed for women. - Is there a dedicated support team for ARISE customers?
Yes, a helpdesk is available exclusively for ARISE account holders. - What is the TRV requirement?
Maintain a Total Relationship Value of ₹2,00,000 across all eligible accounts and investments. - Can homemakers open this account?
Yes, any woman meeting the eligibility criteria can open an ARISE account. - What happens if I don’t maintain the required balance?
Non-maintenance charges will be applied as per bank policy.
Conclusion
The ARISE Women’s Savings Account by Axis Bank is a powerful financial product that goes beyond basic banking. It provides women with the tools to save, invest, and grow wealth while enjoying exclusive lifestyle benefits. With family-friendly features, locker discounts, and premium debit and credit card privileges, ARISE is truly a world designed around YOU.
For women ready to take control of their financial future, ARISE is the perfect step toward empowerment and independence.
