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Seamless onboarding
Best-in-class DIY onboarding with a fully digital journey
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- Business Banking
- Neo for Business
Truly seamless banking experience to accelerate your business growth
Pay-outs simplified
Send single and bulk pay-outs to the vendors with easy tracking
Collect payments quickly
Create GST compliant invoices with multiple payment options and experience flexible reconciliations
Consolidated book-keeping
Built-in automated financial reports and a real-time business analysis.
Unleash your business potential with enhanced beyond banking
Download the app and Experience "Grow your business"
Business payments simplified with Tally integration
- Create invoice and bills on Tally, sync them to neo for business
- Pay and collect on neo for business and sync the status back to Tally
- Auto reconcile on neo for business with invoice created on Tally
Process your payroll with a single click
- Stay compliant with applicable tax laws
- Disburse salary, file and pay taxes from a single dashboard
- Self service employees dashboard offering payslips, leave management..
Manage your Amazon seller account
- Download your shipment and reconciliation data from amazon account
- Upload this data on neo for business
- Convert your orders into invoices in neo for business
- Manage your returns and refunds
Instant and secure GST e-filing
- Pay and file GST directly from neo for business
- Stay on top of your GST compliance
- Download and share GST challan from neo for business
Increase customer reach with your own online website
- Build your own website and grow online
- Provide a personalised shopping experience to your customers
- Sell online through one streamlined dashboard
- Scale up your business by monitoring various business aspects
Boost your sales by connecting with merchants on a B2B space
- Dedicated marketplace with verified customer base
- List your products and services, grow your business
- Advertise and stay connected with businesses seamlessly
Change the way you bank
Get your fully active Current Account in under 24 hours opened end to end digitally from comfort of your home or office
*Applicable for Sole props only.
Set-up profile
A fast and easy personalized business profile set-up
Add Beneficiary
Add bulk beneficiaries and make a single payment to all
Manage inventory
Catalogue and manage your business inventory
Optimize your operations, grow your business
Efficient & dynamic payout management solution to fit your business needs
Add beneficiaries in bulk and make a single payment to all
Keep track of all your past and upcoming transactions
Save time and hassle on adding beneficiary with payment links
Create and pay bills. Automate reconciliation
Create and send GST compliant invoice with reminders.
Get paid from customers in their preferred mode
Grow business online with the Payment gateway
Schedule recurring collections to maintain regular cash flow
Seamless way to collect money with multiple solutions
Experience the new age business banking designed to accelerate your business growth
Simplify business accounting.
Experience instant invoicing, flexible reconciliations, and much more.
Extensive audit trail and internal controls
Built-in accounting of GST
Instant invoicing and auto matching
Auto categorize income and expenditure
Customizable reports
Real-time business analyses with customizable P&L and much more to stay a top your business
Inventory management- In-depth cashflow statement
- Customizable Reports with graphical representation
- Save time and accelerate business growth
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Frequently Asked Questions
1. What is neo for business?
neo for business is an all-in-one platform for banking & beyond banking business needs of MSME customers. It aims to offer a truly seamless business banking experience by combining everything from banking to invoicing, bulk payments, payment gateway, expenses & automated bookkeeping
2. Who can use neo for business?
An individual or sole proprietor, holding a Current Account with Axis Bank can register on the platform. A user who does not have a Current Account with Axis Bank can sign up as a guest user to explore and view the features available on the platform. However, to enjoy the full benefits of the platform, you need to open a Current Account with Axis Bank
3. Is there a fee for using neo for business?
No. Axis Bank does not charge a fee for using neo for business. Your telecom operator may charge for the use of data (internet browsing) or for SMS service on your mobile device.
4. Which services are available to the ‘Guest Users’?
As a ‘Guest User’, you can open a Current Account instantly with video KYC
5. Is the neo for business secure for transactions?
Yes, neo for business is completely secure, with end-to-end encryption and 2 factor authorisation using OTP on your registered mobile number, to ensure all your transactions are protected.
6. How do I update my address, apply for a cheque book and manage debit card limits through neo for business?
The below services will be available on neo for business very soon. In the meanwhile, please use Retail Internet Banking/Retail Mobile Banking to access the same.
1. Current Account servicing such as address update, cheque book
servicing, debit card servicing etc.
2. Bharat Bill Payment Services
3. Book and Liquidate FD
7. What are the restrictions when a beneficiary is added?
The added beneficiary should have completed the cooling period timeline of 30 mins. Post that there is a transaction value limit of INR 50,000 for first 24 hours.
You can use the payout link to make payouts up to INR 50,000 and
avoid the cooling period restrictions.
