Under this NEFT scheme, account holders can transfer funds from their bank account to any other NEFT-enabled Axis Bank account or any other account. There is no limit on the transaction value for NEFT. Also, funds can be transferred 24*7 via Axis Bank Internet Banking or Axis Bank Mobile Banking. NEFT has made the transfer of funds quicker and easier.
The Axis Bank NEFT can be initiated with the help of below mentioned three modes:
- Corporate & Retail Internet Banking
- Mobile Banking
- By Visiting the Axis Bank Branch
Features and Benefits of Axis Net Banking
Mentioned below are the features and benefits of Axis Net Banking:
- There is no need to visit the bank physically to deposit a cheque or DD.
- It provides 24*7, i.e. access to your account round the clock.
- Customers can make any kind of transaction using net banking from anywhere in the world.
- Any kind of device can be used, like smartphones, desktops, laptops, or tablets.
- Using Internet banking, customers can make their utility bill payments, transfer funds, get account statements, and check transactions.
- Whether you are an Axis customer or an SBI customer, you are not required to check Axis Bank Timings or SBI Timings, as one can make banking transactions anytime with the help of net banking. There is no need to abide by working hours for any of the banks in case net banking is being used.
- Customers, by logging into their accounts using net banking, can get access to their transactions and any information as everything gets updated in the system automatically.
- It also provides details related to the credit limit available, the amount outstanding, the due date, the minimum amount that is due, etc.
- It helps to transfer funds within Axis or with 3rd party accounts via IMPS, RTGS, and NEFT.
- Open and close your FD, RD or Demat account.
- Create a PPF account without any need to visit the bank.
- Pay direct and indirect taxes online using net banking.
- Get account details, bank statements, transaction history, etc.
- One can avail of related services like stopping a cheque payment, cheque inquiry, cheque book request, etc.
Limit and Working Hours
Mentioned below are the Axis NEFT Timings and its limit:
| Limit | Timings |
| On Working Day- No Limit | 07:00 am till 07:00 pm |
| On Working Days Through CMS Online Channel- No Limit | 09:30 pm |
| On Working Days Post Banking Hours up to INR 1 crore per transaction Through CIB/ RIB/ Mobile Banking | Post 07:00 pm till 07:00 am |
| On Working up to INR 1 crore Through CIB/ RIB/ Mobile Banking | Full Day- 07:00 am to 07:00 am |
| Note: No limit on transaction amount and timings for intra-bank transactions | |
Axis Bank NEFT Charges
Mentioned below are the Axis Bank NEFT charges:
| Amount | Axis NEFT Charges Online | NEFT Charges Axis Bank Offline |
| Up to INR 10,000 | NIL | INR 2.50 |
| INR 10,001 – INR 1,00,00 | NIL | INR 5.00 |
| INR 1,00,000 – INR 2,00,000 | NIL | INR 15.00 |
| Above INR 2,00,000 | NIL | INR 25.00 |
Prerequisites for Axis Bank NEFT
Mentioned below are the pre-requisites for Axis Bank NEFT:
- Name of the Beneficiary’s
- Branch Name of the Beneficiary’s
- Bank Name of the Beneficiary
- Account Type of Beneficiary
- Account number of Beneficiary
- IFSC Code of the Beneficiary’s branch
How to Use Axis Bank NEFT?
Mentioned below are the steps to use Axis Bank’s NEFT:
Step 1: Open the Internet banking or mobile banking account of Axis Bank.
Step 2: Click the option “Transfer Funds” and then select the tab “NEFT”.
Step 3: Under the option “Add or Manage Beneficiary”, add the details of the beneficiary.
Step 4: Provide the details such as the beneficiary’s name, account number, IFSC Code of the branch, etc.
Step 5: Choose the bank account from which the funds are to be transferred.
Step 6: Once the request has been submitted, you will get a transaction reference number.
Step 7: Both the remitter and the beneficiary will receive an SMS once the transfer is done.
How to Transfer Funds from Axis Bank to Other Bank Account?
Mentioned below are the steps to transfer funds from Axis Bank to other bank accounts:
Step 1: Open the internet banking account of Axis Bank.
Step 2: Click on the tab “Funds Transfer”.
Step 3: From the drop-down menu, click “NEFT”.
Step 4: To continue with the fund’s transfer, first add a beneficiary if not done earlier.
Step 5: To add a beneficiary, one is required to provide details like the beneficiary’s name, account number of the beneficiary, IFSC code, etc.
Step 6: Click “Confirm” and then click “Add”.
Step 7: To authenticate the NEFT transaction, you will receive an OTP, which is to be provided to transfer funds.
Step 8: Click “Confirm” to transfer funds to the bank account of the beneficiary.
How to Add a Beneficiary with Any Other Bank Account?
Mentioned below are the steps to add a beneficiary with any other bank account:
Step 1: Log in to Axis Bank’s internet banking.
Step 2: Enter your username along with the password.
Step 3: Click the tab “Other Bank Account” and provide the beneficiary details.
Step 4: Click on “Accept the terms and conditions”.
Step 5: Click the option “Submit”.
Step 6: Enter your login ID and transaction password to verify the details of the beneficiary.
Step 7: Now, click “Submit”.
Step 8: To complete the registration process, click the option “Activate Beneficiary”.
How to Make Credit Card Bill Payments through Axis Bank NEFT?
Mentioned below are the steps to make the credit card bill payment through Axis Bank NEFT:
Step 1: Log in to Axis Bank’s internet banking.
Step 2: Click the “Credit Cards” tab.
Step 3: Choose the credit card for which the payment is to be made.
Step 4: Now, click “Pay Now”.
Step 5: Choose the bank account from which the funds are to be transferred.
Step 6: Enter the desired amount of payment.
Step 7: Click “Proceed” to make the credit card bill payment.
Axis Bank Customer Care Number
In case of any queries related to NEFT/ RTGS transactions, please contact Axis Bank CFC at 022-71315766 and on email ID, i.e. [email protected]