Our Power Pay products are designed to take maximum benefit of the Anywhere Banking through our large network of branches with centralised database.

Axis Bank not only provides a clearing platform to process your payments but also have taken a step ahead by enabling you to outsource your cheque writing and other time-consuming and routine manual payment processes. The Centralised Payment system, connecting our entire branch network, is capable to process any type of payment - physical instrument (with or without facsimile signature) as well as electronic payment, bulk DD payment to vendors, salary payment or dividend/ interest payments of large corporate houses.

We issue At Par payable cheque book to our Current Account customers. At Par facility enables you to maintain only one Account and issue cheques that would be payable at any Axis Bank location as a local cheque. Further each cheque, if needed, can be validated against an issue file before clearing the instrument to avoid fraudulent encashment.

We undertake Bulk dividend and interest payment of corporate houses through an At Par facility. A central account, maintained by you with our Bank, needs to be funded and we would ensure that the dividend/interest warrant presented at any Axis Bank location is cleared under respective local clearing. A validation process ensures that each warrant is paid after matching with the issue file and thereby avoids fraudulent payment.

To cater to your need for issuing bulk demand draft (DD) at various locations, we offer our remote printing services wherein you fund a central account and we would print the DD at different Axis Bank locations and arrange for the dispatch of the same. Validation against the issue file keeps a check on fraudulent payment.

Payment by Cheque still remains a popular payment method but involves time-consuming and laborious manual processes. Payments outsourcing to our Bank would enable you to get the cheqeus and the cover note printed as per the payment file with the facsimile signatures of the authorized signatories of your company. The cheques can be printed centrally or at various remote locations as per your requirement.

ECS Credit is an electronic clearing system that facilitates paperless transaction through an offline system. Axis Bank facilitates ECS Credit at all ECS designated locations. We accept the electronic file and arrange obtention of settlement date (date of credit to benefiary account) from RBI/SBI/Local Clearing House as the case may be. The funds gets debited from a centralized account and credit is accorded to the respective beneficiaries as per settlement cycle. A detailed MIS about the transactions is provided to the customer.

To establish an Electronic Funds Transfer System to facilitate an efficient, secure, economical, reliable and expeditious system of funds transfer and clearing in the banking sector throughout India. The customer willing to avail the NEFT facility offered by us shall submit an "NEFT Application Form" authorising the sending bank to debit the sender's account and transfer funds to the beneficiary specified in the NEFT Application Form. The Beneficiary's account will be credited on the same day by crediting the specified account of the beneficiary or otherwise placing funds at the disposal of the beneficiary.

RTGS System is a payment settlement system that minimises the credit risk in the prevalent cheque clearing system. Under RTGS the funds are settled on a near real time basis across Banks in different locations. Bank offers this immediate electronic fund transfer facility to RTGS enabled bank branches across the country through its designated RTGS enabled locations.