Custodial Services - Monitoring and Collection
Monitoring and Collections is a part of the Custodial Services provided by Axis Bank. It includes services like recording details of the corporate benefits, declared by the various companies, calculation and collection of entitlement benefits and similar other services, that can be noted as below.
- Recording details of the corporate benefits declared by the various companies
- Calculation of entitlement benefits
- Collection of benefits on due date
- Reconciliation of benefits collected with the entitlement
- Follow up for any shortfall in receipt of benefits