They needs rs 10000 for opening a simple savings account where most of the banks like state bank of india or punjab national bank needs zero, 500 or 1000 rs for opening a savings account, so I think it is not for middle class or poor people.
I dont know why most of the people opening a savings account on axis bank where most of the other banks provides the same services in very nominal cost, apart from it demands minimum rs 10000 for opening a savings account, they also cuts balances if you can’t maintain that rs 10000.
If you can’t maintain that minimum balance, they will cut 300-400 rs from your account balance, that’s disgusting, so by reviewing all aspects of axis bank I will not recommend to any middle class or poor people please beware from them, its not for you, it is for rich people as I think.