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Purchase Control (Virtual Card)

Purchase control has virtual accounts and transaction-level authorization controls enabling you to define how, where, and
when the accounts are being used

Virtual Card

No plastic required

Insurance Cover

Comprehensive cover worth Rs. 4.58 crore

Unique MIS

Using the combination of Purchase Control and an online tool, Vayana

Axis eDGE Rewards

Earn reward points for completing transactions

Features and Benefits

Virtual Card /No plastic required

  • 1 point on domestic spends for every Rs. 200 spent
  • 2 points on international spends for every Rs. 200 spent
A comprehensive insurance cover worth Rs. 4.58 crore, including Air Accident Cover, Travel related covers, Purchase Protection and Lost Card Liability T&C

Fuel surcharge refund on spends at all fuel stations across India for minimum Rs. 400 and maximum Rs. 4,000 T&C

  • Purchase Control
    Using purchase control one can:
    • Create virtual cards instantly as per requirement without need of a physical card
    • Eliminate the need of any physical purchase orders to make payments
  • Get greater visibility of spends made at a glance as detailed information of the transactions is available online.

  • Vayana
    • It is an online tool which provides straight through processing, which means it does not have to go through the traditional settlement process
    • Here, an acceptance of electronic invoice is made from purchase control
    • Then a virtual card is generated to make payment for the transaction
    • The Funds are then realized by directly crediting to the vendors’ current account

WHAT'S NEW ?

Fixed Deposits

No Penalty on Withdrawal from your Fixed Deposit*

On First Partial Withdrawal upto 25% of your Original FD Principal value

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Axis Bank Foundation PB

Now Papa drops me to school everyday. Thank you

With your support Axis Bank Foundation has reunited families.

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Pay your EMIs regularly and get 12 EMIs waived off at no extra cost

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Starting from Rs. 50 thousand to Rs. 15 Lakhs

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