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Axis Bank Foundation

Axis Bank has set up a Trust – the Axis Bank Foundation (ABF) to channel its philanthropic initiatives. The Foundation has committed itself to participate in various socially relevant endeavours with a special focus on poverty alleviation, providing sustainable livelihoods, education of the underprivileged, healthcare, sanitation etc. The Bank contributes up to one per cent of its net profit annually to the Foundation under its CSR initiatives.

The Foundation aims to provide one million sustainable livelihoods to the underprivileged in some of the most backward regions of the country in the next five years, with 60% of the beneficiaries being women. The Foundation was awarded ‘Outstanding Corporate Foundation’ at the Forbes India Philanthropic Awards 2014 for its exemplary efforts in the area of sustainable livelihoods.

The Foundation nurtures / supports NGOs working in the areas of education health and development of underprivileged and special children. The Foundation also supports various projects to impart vocational training to the underprivileged youth.

The Foundation supports the Lifeline Foundation for providing high level trauma care and rural medical relief in the states of Maharashtra, Kerala, Gujarat and Rajasthan. The Foundation also supports projects in skill development, water harvesting and low-cost agricultural practices to enhance farm yield.