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- Advantages of CMS & Extensive Network
Advantages of CMS & Extensive Network
Axis Bank has its branches across various locations in India. In addition to this, it has an extensive network of Correspondent Banks across over 900 locations, thereby ensuring that most of your cheques are covered under our network and that the realization status can be known at the earliest. The advantages of CMS include Axis Bank’s extensive CMS network, lower interest costs & improved liquidity, a centralized service desk, Web CMS, comprehensive MIS and mobile alert service.
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Advantages of CMS
Extensive Network
Axis Bank has its own branches in various locations. Above this our arrangement with reputed correspondent banks covering more than 900 locations ensures that most of your cheques are covered under our network and the realisation status can be known at the earliest.
Lower Interest Costs & Improved Liquidity
A dedicated HUB ensures that you receive funds in your designated account within transit time thereby reducing interest costs and improving your liquidity position.
Centralised Service Desk
A dedicated service desk has been started at our Centralised Collection and Payment HUB (CCPH) to ensure that your queries are resolved quickly and efficiently. The Customers can contact CCPH regarding any query about the MIS or the process flow.
Web CMS
Web CMS provides you with all the information at a click. Detailed MIS like location wise collection and return, product-wise pooling, pooling in pipeline (due credit report) etc. can be viewed and downloaded from web interface through internet.
Comprehensive MIS
We provide comprehensive MIS reports like daily report, transaction report future credits reports and cheque returned unpaid report. On the payments side we provide daily paid - unpaid status for the demand drafts, cheques or warrants issued by your Organisation.
Mobile Alert Service
The CMS clients availing our collection products now have the facility to subscribe to Mobile Alert Service for receiving alerts on registered mobile phone numbers instantly after the funds are pooled. To avail this facility, please visit nearest CMS designated branch or log on to our Web CMS to download the form online and send it to our branch where your account is maintained.
Extensive CMS Network