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Other Services

Apart from handling Govt. Tax or Non-Tax Revenue Collections and expenditure-related payments as an agency bank of RBI, the Bank also offers its customised Cash Management Services and Account Management Services to suit the client requirements of Govt. Departments or Organisations.

Cash Management Services for Govt. Organisations or Departments

The services under Cash Management is broadly as under:

  • Local Cheque or Upcountry Cheque or Cash Collection Services
  • Collection of Govt. Utility Bills viz. Municipal Taxes or Fees, Electricity Bills, etc. through various offline and online modes
  • Collecting or Payee Banker for Bonds Issue Programme
  • Payment Services - Interest Warrant, Dividend Warrant, Customer Cheque, Remote Demand Drafts, ECS, NEFT, RTGS, Single Window Payment Facility

Account Management Services for Govt. Organisations or Departments

Under Account Management Services, the Bank has a special Current Account Product catering to all the transactional banking requirements of Govt. Organisations. The Current Account comes with a host of facilities or services including:

  • Anywhere Banking Facility at all Axis Bank Locations
  • At-par Payable Cheque Facility
  • Instant Online Funds Transfer Facility to Axis Bank Beneficiary Accounts
  • Local and Outstation Cheque Collection Facility
  • Daily Account Statement through e-mails
  • Internet Banking Facility - Corporate iConnect

The Bank also provides its services to Govt. Departments or Organisations towards opening of LCs for import or export transactions, Forex requirement, opening of Salary Accounts and catering to credit requirements as well.

For more details, please write to govt.business@axisbank.com