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MOST IMPORTANT DOCUMENT
Primary Account Holder’s Signature Joint Account Holder’s Signature Joint Account Holder’s Signature
Bar Code
Customer ID (Existing, if any)
Mobile Number
Customer Name
I / We agree to open, and migrate all Savings Accounts (if any) under the above mentioned Customer ID to
Burgundy and to all the terms and conditions listed on the back of this document.
Date
D D
M M
YY Y Y
Please fill in below details to enroll for Burgundy:
Welcome to a world of privileges.
Burgundy is a premium banking experience that is designed for the privileged few, bringing you integrated
wealth management solutions, a bouquet of lifestyle privileges and more.
The Burgundy privileges include:
Dedicated Burgundy Relationship Manager backed by domain experts
Privileged Personal Banking
Power - Packed Debit Card, Credit Cards and Forex Cards
Lending and Finance Solutions
Customised Business Solutions
Integrated Wealth Management Solutions
Axis Bank reserves the right to change the benefits offered as part of the services.
Maintenance of an Average Quarterly Balance of ` 10 lakhs in the Savings Account, OR
Maintenance of an Average Quarterly Balance of 10 lakhs across Savings Accounts and Current Accounts, OR `
Maintenance of a minimum Total Relationship Value^ (TRV) of 30 lakhs, OR `
Maintenance of a minimum Total Relationship Value^ (TRV) of 1 crore which includes Demat holdings, OR`
In case of a salaried customer, one should be receiving a net salary credit in excess of 3 lakhs every month in
Axis Bank Salary Account
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Please note that Burgundy Saving Account is mandatroy for induction into Burgundy, for additional information on
eligibility criteria you may visit www.axisbank.com/burgundy
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The eligibility criteria for Burgundy, at Customer ID level or at Family ID level is:
Foreign Inward Remittance of at least 40 lakhs received through Wire transfer or Remit Money in last
12 months (Only for NRI’s)
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FOR OFFICE USE ONLY
LC Code
Burgundy Relationship Manager Name
Signature
Burgundy Relationship Manager Code
Terms and Conditions
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VERSION 11 | SEPTEMBER 2021
1. Savings Account under the Burgundy scheme is offered, subject to the fulfillment of the mentioned eligibility criteria applicable to all
existing and new customers under the Burgundy scheme. This offer is subject to review post 6 months of availing the offer based on the
mentioned eligibility criteria and the bank reserves its right to review the offer in case of non - fulfillment of the eligibility criteria or
revise the terms as per its discretion.
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2. ^Total Relationship Value (TRV), aggregated at Customer ID level or at Family ID level, is composed of:
i. Liability Relationship: Savings Account, Current Account**, Term Deposits, Recurring Deposits and / or Specified Investment
Relationship, PIS accounts (for NRIs).
ii. Investment* Relationship: Mutual Funds, Life Insurance, Private Equity Funds (Commitment amount), Structured Products,
Discretionary Portfolio Management Service, Non-Discretionary Portfolio Management Service, RBI Bonds, PPF, NPS and other
Alternate Assets through Axis Bank's channel partners.
*Investment through Axis Bank to be considered. **Subject to family banking / grouping & applicable only for Resident individual,
Sole Proprietor, HUF, Partnership, LLP, Private Limited Companies.
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3. Family ID is generated at the time customer enrolls into Family Banking Program.
4. You many visit www.axisbank.com / burgundy to view the charges which are applicable. GST as applicable will be levied on all fees.
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5. All accounts have a monthly billing cycle i.e.1 to 30 / 31 of the month.
6. The Axis Bank Debit Card entitles you to a Personal Accident Insurance cover as well as Air Accident Insurance cover. These covers, as
eligible, will be considered to be in force at the time of the incident only if you have made a successful purchase transaction with your
card within 90 days to the occurrence of the accident. The incidence has to be reported within 50 days of the occurrence.
7. Update Aadhaar Number in your bank account to receive subsidies directly from Government (LPG, MGNREGA, etc.).
8. While migrating the account(s) in the system, some of the transactions might be impacted for a day within 15 days of submitting this
request to the Bank in the following areas:
i. All transactions such as withdrawal from ATM, Debit Card swipe to the extent of free balance available in the linked Savings
Account. (Free balance is the available balance in the Savings Account excluding the amount that is linked as fixed deposit).
ii. The transactions may be impacted in case the free balance is not sufficient, and requires drawing from the linked encash FDs while
such account migration.
The bank will not be held accountable in the instance of transactions getting declined during the course and due to account migration.
9. Products / Services, including Burgundy and its benefits, offered by Axis Bank are subject to regulatory guidelines and Axis Bank’s
internal policy. Particulars of such products / services may vary or discontinue, if required by regulatory guidelines. Axis Bank does not
undertake any liability or responsibility for such variance.
10. There will be a fee of `500/- applicable if the account is closed between 14 days and 12 months of account opening. No fees would be
levied if account is closed within 14 days of account opening or after 12 months.
11. Axis Bank reserves the right, at its own discretion, to close the account in case a) Initial funding cheque is returned / bounced and
funding as per scheme code is not received within 30 days of account opening or b) Non-activated instakits in case account is not
activated within 30 days once initiated for activation or c) Branch Personnel is unable to successfully verify details of the account, post
providing a 30-day notice to the customer. (Not applicable for Salary & NRI account holders)
12. The Bank can at its sole discretion discontinue any service partially / completely or change fees by giving prior notice.
Disclaimer: Accounts of customers who do not maintain any one of the mentioned eligibility criteria will be converted to a normal category Savings Account with
appropriate advance intimation. Fees and charges of the respective Savings Account will apply accordingly. Axis Bank reserves the right to change / modify the
offerings of Burgundy or re-classify the customer to a segment other than Burgundy, at any time, at its own discretion without assigning any reason and without
prior notice. By availing any services, the customer agrees to remain bound by the Terms and Conditions as mentioned on the website (www.axisbank.com).
