Technology is redefining banking globally. Being the go-to bank for millions of people in India, we are introducing more technology-driven solutions to partner an aspirational India. From providing people new avenues for digital banking to unveiling fast and hassle-free solutions, technology is facilitating progressive relationships at Axis Bank.
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ONE-CLICK EXPERIENCES ANYTIME, ANYWHERE
INSTA PERSONAL LOAN
Axis Bank is the first bank in the country to provide a ‘24X7 Instant Personal Loan’ on smartphones and ATM kiosks. Customers not only get instant loan approval, but also the disbursement, which gets credited directly into their account.
LOCKER BOOKING
The Bank has launched an online locker booking facility through the Mobile App; the first in the industry to offer such a facility, empowering customers to check availability from their homes and book instantly.
FD & RD BOOKING
Customers can now open and close term deposits using the Axis Mobile app and can also view a summary of all deposits linked to their customer ID.
ONE-TOUCH AUTHENTICATION
The Bank launched the ‘Touch ID’ - a one touch authentication for transactions through its mobile app. Bank customers using Apple iPhone 5s and above can complete their financial transactions such as bill payments, mobile recharge and funds transfer using this feature.
The Bank also launched the banking application for Apple Watch.
ONE PAGE INTERNET BANKING
The Bank launched one-page banking in 2015-16, enabling customers to do most of their banking initiatives from the dashboard itself, without having to navigate to other pages.
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CAPITAL WITH CONVENIENCE
MICROFINANCE INSTITUTIONS (MFI) LENDING
A new tablet based Loan Origination System developed to digitize the entire lending process of MFI business. This will replace the existing paper based loan sanctioning process.
RURAL LENDING
TATPAR (one of our products from a suite of automations offered to Rural Lending team) was launched in 2015-16. A tablet and desktop based new workflow has been designed as a part of mobility initiative for the team.
NEXT GEN PAYMENTS
Axis Bank is the first bank in India to offer contactless Multicurrency Forex Cards to Indian travellers enabling faster and more
convenient transactions while abroad. The same technology has also been extended to the Bank’s Debit and Credit card platforms. The Bank has setup an in-house Payment Gateway that allows for secure ecommerce transaction processing capability and reduces the cost incurred on using external gateways.