Payment Through Axis Bank

Step 3 :

  • Go through the details and choose a mode of payment suitable for you.
  • Click on the tab, "Go to Step 4 >>" at the bottom of the page.
  • Wait for opening of a new window containing donation form.

PAYMENT THROUGH AXIS BANK

  Fund Transfer:

You may send money through Fund Transfer system of Axis Bank using NEFT or IMPS. You can transfer funds between accounts across multiple banks from your home or office through Axis Bank Power Transfer. To send money, just register your beneficiary's account details through Axis Bank Internet Banking. And your job's done!

How Do I do it?

  • Log on to Axis Bank Internet Banking
  • Select 'Transfer Funds'
  • Register your beneficiary's account details
  • Select 'Make Payments'
  • Select your beneficiary and transfer funds using 'Pay Standard (NEFT)' option
If you have multiple accounts linked together you can select the account from which funds are to be transferred.There is a daily debit limit which is a security feature limiting the amount of money that can flow from your account in a day. You can have the following combinations of transactions in your default daily transaction limits:
  • A maximum of Rs 50000 on - Fund transfers to self-linked accounts, Other Axis Bank accounts, Creation of Demand Drafts and Axis Bank Credit Card Bill Payment under Credit Card section.
  • In addition to the above, a maximum of Rs 50000 on Fund transfers to Other Bank Accounts (NEFT), Bill Payments, Mobile Recharges, Creation of Virtual Cards and Direct Debit transactions (Payment made using Axis Bank Internet Banking at various merchants website).

What is National Electronic Funds transfer (NEFT)?

NEFT is a RBI service network which allows participating Banks and their branches to transfer funds within the network in a relatively short period of time. Axis Bank has extended this service to the customers through the Axis Bank Internet Banking interface. With this you can transfer funds to various branches of most of the banks.

What details do I need to provide in order to effect a transfer to Other Bank Accounts (NEFT)?

You need to provide following details
  • Beneficiary account number
  • IFSC Code

What is an IFSC code?

The Indian Financial System Code (IFSC) is an RBI issued code which is being used in the NEFT system to identify recipient bank branches. While selecting the payee's branch, it is essential that the IFSC code mentioned against the branch be the same as the IFSC code of the branch you want your funds to be transferred to. Generall IFSC code is mentioned on cheque books on every cheque leaf below the Bank name and address.

How do I register a beneficiary for Fund Transfer facility?

To register a beneficiary for transferring funds to Other Axis Bank account --
  • Go to Transfer Funds section.
  • Click on "Register New Beneficiary" under the option "Other Axis Bank account"
  • Enter a nickname for the Beneficiary and his Axis Bank account number and Submit
  • Enter your transaction password and click on Submit to register the beneficiary
  • Post registration you have to activate the beneficiary to make fund transfers to his/her account.
  • Click on "Activate Beneficiary" and enter the Netsecure code to activate the beneficiary successfully.
To register a beneficiary for transferring funds to Other Bank account --
  • Go to Transfer Funds section.
  • Click on "Register New Beneficiary" under the option "Other Bank account"
  • Enter the relevant details including the account no. and IFSC code
  • Enter your transaction password and click on Submit to register the beneficiary
  • Post registration you have to activate the beneficiary to make fund transfers to his/her account.
  • Click on "Activate Beneficiary" and enter the Netsecure code to activate the beneficiary successfully.


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