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Liberty Saving Account—By Axis Bank

Published on August 27, 2020
Current Context: Axis bank has launched Liberty Saving Account.
Liberty Saving Account—By Axis Bank

  • The Liberty Saving Account is launched for Indian Youth.
  • The Liberty Saving Account will address the need of the youth and digitally interested Indians like changing lifestyles and hospital cash insurance covers.
  • The Liberty Saving Account will offer hospital cash insurance cover upto Rs 20,000 per year. 
  • Liberty Saving Account is applicable for the people belonging in the age group of upto 35 years of age.
  • A minimum balance of Rs 25,000 has to be maintained in the account and the user can spend the same amount each month with the help of liberty debit card. 
  • It offers an annual saving amount to Rs 15,000. It also offers 5% cashback offers on the debit card used for transactions like food, entertainment, shopping, travel etc.
  • Static Part: 
    • HQ of Axis Bank: Mumbai
    • MD and CEO of Axis Bank: Amitabh Chaudhry
    • Tagline of Axis Bank: Badhti Ka Naam Zindagi

Question: 

Q.1 Which bank launched Liberty Saving Account?
a. SBI
b. ICICI Bank
c. Axis Bank
d. Yes Bank
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