Axis Bank Power Salute Debit Card
The Axis bank perfectly understands the modern-day requirements of people who are tech-savvy and believes in following a swift net banking culture. Based on the three mantras- quick messaging, quick dispense of cash, and quick reports, a power salute debit card is designed. This card is also known for offering a wide variety of money-back features and benefits. Read here in detail about the feature of the cards.
Features and benefits of Axis Bank Power Salute Debit Card
The eligibility criteria to apply for Power Salute Debit Card
You can avail of an Axis Bank Power Salute Debit Card if you are in the defense segment and hold a Defense Salary Account with the same bank.
| Issuance Charges | NIL |
| Yearly membership fee | NIL |
| Card Replacement fee | INR 100 |
| ATM Cash withdrawal limit | INR 40,000 |
| Debit Card shopping limit | INR 1 Lac |
| Lost Card liability | INR 50,000 |
| Insurance cover | INR 2 Lacs |
| Rebate on fuel purchases | 2.5% |
| Cost of availing My design services | INR 250/- |
How to apply?
If you meet the above-set eligibility criteria, to avail of a new Axis Bank ATM card, you can also contact the Bank's customer care by contacting the Bank via its toll-free number
1860-419-5555/ 1860-500-5555.
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FAQ’s
Loan against mutual funds (LAMF) allows you to borrow cash against your mutual fund investments as collateral. You can use Volt Money to lien mark your mutual funds digitally to avail an instant limit without losing the ownership of your mutual funds and all the associated benefits with it. Funds will be made available in the form of an overdraft facility.
The annual fee for the Axis Privilege Card is typically Rs. 1,500 plus taxes. This fee can be waived if the cardholder achieves an annual spending milestone, though the exact spending amount for the waiver can vary by card variant. For example, a common waiver condition is spending above Rs. 2.5 lakh in an anniversary year.
Luxe Vouchers are digital gift cards that can be redeemed across popular luxury and lifestyle brands such as Myntra, Flipkart, Pantaloons, and more. Once you qualify for the offer, the voucher code will be sent directly to your registered email ID or mobile number. In most cases, vouchers are delivered within 5–7 working days after successful validation of your transaction or application.
Yes, you can apply even with a low CIBIL score, but your chances of approval may be limited. Most banks and lenders prefer a CIBIL score of 750 or above for quick approval and better interest rates. If your score is lower, some lenders may still consider your application based on other factors such as your income, employment stability, or existing relationship with the bank. However, you may be offered a lower loan amount or higher interest rate. Improving your credit score before applying can increase your chances of getting approved on favorable terms.