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16 years +
Authorised Agency Bank for RBI
PFRDA
Sole Trustee Banker
50% + ULBs & 28+ Smart Cities
Strong PresenceAxis Bank's Government & PSU Coverage has played a signifcant role as a leading banker to Indian Government organisations Public Sector Units & is aligned to Government policies for promoting financial inclusion and broadening country's socio-economic growth & developmental agenda.
Axis Bank's Government & PSU Coverage Group offers a spectrum of financial services and products making banking experiences seamless and efficient while assisting Government organisations & Public sector entities in delivering the last mile connect.
The bank’s sectorial expertise and digitally leveraged solutions and products have transformed traditional banking services; making it more convenient and secure which echoes with Governments and Public sector entities drive towards digitisation to increase operational efficiency and informed decision making.
Bank’s Customised product offerings are tailor-made to suit the organisation’s need along with dedicated personnel/team for assistance and providing value added services to make your banking journey easy and uninterrupted through the entire growth cycle of the organisations.
Sole trustee banker for PFRDA for National Pension Scheme (NPS) collections
Only Private Sector Bank to have unique proposition of covering PSU needs under One Axis umbrella (Equity, Debt -Domestic & ECB, Green Bond, Sustainable Bonds), State of art digital transaction capabilities riding on APIs
Authorised for Central Board of Direct Taxes (CBDT) Goods & Services Tax (GST), Employee Provident Fund Organisation (EPFO) & Employees State Insurance Corporation (ESIC) collections as well as collection of State Taxes in 13 states and union territories
Associated with 28 Smart Cities across India where we have implemented unique, tailor-made solutions to meet the unique requirements of each Smart City
Have a strong working relationship with more than 50% of the Urban Local Bodies in the country
Played a leading role in strengthening governance delivery in the country, providing innovative digital and financial solutions to the Government
Among the top 5 best performing Banks in Public Financial Management System (PFMS) as adjudged by the Office of Controller General of Accounts
Active player in GeM (Government E Market)
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