Fund Transfer

NEFT (National Electronic Fund Transfer)

With the advancement of technology, transferring money has become quick, convenient, and straightforward. The National Electronic Fund Transfer, or NEFT, is an efficient method that allows the transfer of funds from one bank to any other bank participating in the scheme.

RTGS (Real-time Gross Settlement)

The integration of technology into everyday life has simplified money transfers significantly. The Real-Time Gross Settlement (RTGS) system facilitates transfers between banks on a real-time and gross basis.

IMPS (Immediate Payment Service)

The Immediate Payment Service (IMPS) offers a round-the-clock interbank electronic fund transfer service that is available 24 hours a day, seven days a week, including Sundays and bank holidays. Using their registered mobile number and Mobile Money Identifier (MMID) or through internet banking, customers can both send and receive funds via IMPS.

Instant Money Transfer (Cash transfer, cardless withdrawal)

The Instant Money Transfer (IMT) service is a domestic innovation that enables sending cash to a recipient by simply specifying the recipient's mobile number, the amount, and a sender's code. The recipient can then withdraw the money at any ATM of the participating banks using a debit card.

IFSC (Indian Financial System Code)

Banking has evolved significantly in recent years. The Indian Financial System Code is essential for conducting NEFT and RTGS transactions. This alphanumeric code uniquely identifies a bank branch, facilitating secure transactions.

ECS – Electronic Clearing Service

Banking has evolved significantly in recent years. The Indian Financial System Code is essential for conducting NEFT and RTGS transactions. This alphanumeric code uniquely identifies a bank branch, facilitating secure transactions. The Electronic Clearing Service (ECS) is a mechanism that supports paperless credit and debit transactions that are directly linked to your account. It also offers a quicker way to execute periodic and repetitive payments.

Online Merchant Payments

Make instant payments when shopping online, booking flights/hotels, making investments or paying your credit card bills via Axis Bank Net Banking. Enjoy hassle-free transaction without any limits.