Axis Bank, recognized the need for customers to be able to manage their accounts proactively offers its internet banking services free of cost. This service is available 24×7 anywhere for customers with internet access.
A) The Services Offered and Accessibility
The bank has introduced NETSECURE that is an authentication system which works only when the login, password and one more password that is generated by the system at the time of transaction are all duly approved by the system. There are just two factors as opposed to the normal one followed by most banks and this makes your internet banking more secure.
Customers have the option of using NETSECURE with SMS, Webpin or with a 1-touch device like the computer. The NETSECURE code is provided when you register for NETSECURE.
On the bank site, you will also find instructions on how to avoid phishing and be careful about any fictitious offers.
Customer Service Options
Customers can submit feedback about the services online and also submit any grievance for a first level resolution.
B) Banking and Monetary Services
Annual percentage yield
The savings accounts APR is a flat 4%. But there are various fixed deposit account offers for different durations where the interest rates range from 3.5% to 9.25%. Senior citizens get better APR deals.
Additional products and services
The bank has products and services that are categorized under accounts, deposits, loans, cards, investments, forex and insurance. They also offer premium banking services to high networth individuals.
Automatic savings plan
Easy access account, prime savings account, women’s saving account are some of the products under this category that offer APR of 4% with a minimum balance of Rs.5000/- for those in the metros, Rs.2500/- in semi-urban and Rs.1000/- for those in rural areas.
C) The Registration Process
The process is a simple one. You only need to enter your Customer ID, account number and mobile number to generate your online password.
Axis internet banking services is a good choice.
To visit the official Axis Internet Banking click here