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Electronic Clearing Service-ECS

Carry out regular, repetitive payments faster with
paperless transactions directly linked to your account

About this Service

Electronic Clearing Service

ECS is an electronic clearing system that facilitates paperless credit / debit transaction directly linked to your account and also provides for a faster method of effecting periodic and repetitive payments.

Benefits of ECS (Debit)

Through ECS (Debit), you can pay all your Utility bills (electricity/telephone/Mobile bills, credit cards, etc), Mutual Fund (SIP), Insurance Premium, Loan Installments, credit card payments, payments of donations and other bill payments.

How will you gain from ECS?

  • Non-issuance of multiple cheques
  • Timely payment of bills /installments /premium without remembering the due dates
  • No late payment charges

For your convenience, Axis Bank has tied up with various service providers across the country.

All you need to do is to register for bill payments with your service provider, banks and financial institutions by providing details such as name, account number, name of the bank /branch, MICR code, etc.

Security & Safety of your money

To protect your account from excess debits, you can select the top-limit for your account. If your bill amount exceeds the limit, the payment will be cleared by the Bank, only after obtaining your approval.

FAQ's

Safe Banking Practices

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Online Banking is an extremely convenient way to access you bank account, but it pays to be aware of the ways in which you can protect yourself and your money

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