We at Axis Bank have always strived hard to understand the different payment needs of corporates and come up with products to efficiently meet these needs. In continuation with our endeavours, we bring you the Axis Bank Meal Card, a Compensation and Benefits tool targeted at providing tax-free Meal allowances to your employees as provided by Section 115WB of the Income Tax Act of India.

The Axis Bank Meal Card is a prepaid card designed to replace the inefficient paper voucher system in the market. It is a far more operationally efficient way to provide your employees with a meal allowance and eliminates the logistical hassles associated with the procurement, stock-keeping and distribution of paper-based Meal Vouchers.