Axis Bank NEFT Charges

Axis Bank charges no fees for NEFT and RTGS transactions made online using internet banking or mobile banking apps in accordance with RBI guidelines. Nonetheless, a small fee is levied on NEFT transactions conducted by the consumer at the bank branch.

Here are the specifics about Axis Bank NEFT Charges-

• Enter your login and password to access Axis Bank internet banking.
• Enter the beneficiary information for the 'Other Bank Account' option.
• Fill in the beneficiary name, account number, IFSC code, and branch name under beneficiary details.
• Accept the terms and click the 'Submit' button.
• Enter the beneficiary's login id and transaction password, then click the 'Submit' button to confirm the information.
• Finally, select the 'Activate Beneficiary' option.

Step 1: Access Axis Bank internet banking by entering your username and password.

Step 2: Select the 'Other Bank Account' option from the 'Transfer Funds' menu.

Step 3: Enter all essential information, such as the payee's name, account information, and IFSC code.

Step 4: Check the details and save.

Step 5: You will receive a confirmation message.

The following are the steps for making credit card bill payments via NEFT-

Step 1: Access your Axis Bank net banking account.

Step 2: Navigate to the credit card area.

Step 3: Next, choose the credit card for which you want to make the payment.

Step 4: Press the "Pay Now" button.

Step 5: Choose the account from which the money should be deducted.

Step 6: Enter the amount to be paid.

Step 7: Click Proceed to complete the transaction.

All Axis Bank account users can carry out NEFT transactions according to the Axis Bank NEFT schedules. The bank also allows for direct cash transfers from the branch by completing the Axis Bank NEFT form.

If the remitter has not activated mobile banking or online banking, an offline transaction can be completed. In this instance, you would need to visit the nearest Axis Bank office to complete an NEFT transfer.

Only the beneficiaries of the NEFT-enabled bank can be served by the remitter. The list of NEFT-enabled banks can be found on the official portal of the Reserve Bank of India.

NEFT transactions can be processed 24 hours a day, seven days a week using net banking, mobile banking, and corporate internet banking, as seen below-

• Transactions can be completed from 8 a.m. to 4:30 p.m., subject to the client approval limit.
• Transactions worth less than Rs. 5 crores can be handled between 4:30 and 6:30 p.m.
• Transactions up to Rs. 1 crore can be completed between 6:30 p.m. and 8 a.m. (Including 2nd and 4th Saturday, Sunday, and Bank Holidays)

The following are the advantages of Axis NEFT-

• NEFT has decreased paperwork, allowing for incredibly fast transactions.
• The customer does not need to be concerned about any fraudulent transactions when using NEFT.
• The service can be accessed by net banking, mobile banking, or by visiting a branch.
• It saves bank visits and eliminates the need to transmit demand draughts and checks.
• The NEFT service is available 24 hours a day, seven days a week.