Last updated: |Data verified from official bank sources
Mid-Range
Axis Indian Oil
Axis Bank
Best for: IndianOil fuel users via Axis
₹500
Annual Fee
1%
Reward Rate
N/A
Forex Markup
None
Domestic Lounge
None
Intl Lounge
Best for: IndianOil fuel users via Axis
Fees & Charges
Joining Fee₹500
Annual Fee₹500
Fee WaiverSpend ₹3.5L annually (new customers)
Rewards
TypeFuelPoints
Base Rate1%
Effective Return1%
Accelerated Categories
IndianOil Fuel5% (5%)cap: ₹250/month
Lounge Access
DomesticNone
InternationalNone
Eligibility
Minimum Income₹3.0L/year
Available on: RuPay
Frequently Asked Questions
What is the annual fee for Axis Indian Oil?▼
Axis Indian Oil has an annual fee of ₹500. Spend ₹3.5L annually (new customers)
What rewards does Axis Indian Oil offer?▼
Axis Indian Oil offers 1% on all spends, with an effective value of 1%.
Does Axis Indian Oil have lounge access?▼
Axis Indian Oil does not include complimentary lounge access.
What is the minimum income required for Axis Indian Oil?▼
The minimum income requirement for Axis Indian Oil is ₹3.0 lakhs per annum.
Information sourced from Axis Bank official website. Last verified: February 2026.
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