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Services for Govt. Departments & Orgs
As part of Axis Bank’s Government Business Solutions, it offers dedicated services for Govt. departments & organizations such as customised Cash Management Services and Account Management Services. Axis Bank’s Central Government Business services include local & upcountry cheque or cash collection services, collection of government utility bills as well as other payment services such as interest warrant, dividend warrant, customer cheques, remote demand drafts, ECS, NEFT, RTGS, single window payment facility, etc. Please refer to the information provided below to gain a better understanding of the various account management services Axis Bank offers to Government departments and organisations.
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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.