To access the old website
Click Here
Government Business - Cash Collection Solutions
Axis Bank’s Cash Management Services for government businesses are based on an extremely robust platform and can easily facilitate your business's collections or payment requirements, whether local or present pan-India.
Designed and developed keeping in mind the need to adapt and cater to different means of collections, we can help you with innovative and integrated cash management solutions customised to your specific needs.
Our clientele for Cash Management Services includes:
- Large Corporate
- Small and Medium Segment
- Banks
- NBFCs
- Mutual Funds
- Financial Intermediaries
For any queries please contact:
| Contact Number | 1860 500 4971 (Working Hours: 9:30 am to 6:30 pm (excluding bank holidays and Sunday)) |
|---|---|
| Email Address | cmscustomercare.mum@axisbank.com |
Collection Solutions
Cash/Cheque Collection
We offer bulk cash/cheque collection services across the country at 2000+ CMS enabled branches along with door-to-door pick up facility in partnership with Pick –up agencies.
Key Offerings/Features:
a. Host to host Integration for MIS for status updates
b. Offline Validation based Collection
c. Customised and Reconciled MIS
NEFT/RTGS/IMPS (Power eColl)
Power eColl is a solution allowing corporates to receive inward transactions to virtual accounts for domestic and foreign transactions. This facilitates automated zero reconciliation of voluminous transactions, centralized monitoring and lesser manual intervention. The solution enables through offline or API validation of transaction details and identification of remitter.
Mandate based Collection (NACH Debit)
NACH Debit is a mandate based collection solution allowing corporates to pull funds at a regular frequency as confirmed by its customers from accounts in other banks to a single account with Axis Bank.
Mandate registration can be initiated via submission of physical documents/authorized scans or eNACH (API eNACH) modes-
For Physical Documentation: Duly signed NACH mandates forms must be submitted to the bank’s central Ops team for further processing.
For Scans: Images of physical NACH mandates as per NPCI’s format can be placed on Bank’s SFTP folder along with details in excel file for further processing.
API eNACH: Permits mandate initiation to be done online from merchant’s website and gets directed to end user’s bank page for user verification using Debit Card/ Net-Banking credentials. This is faster and secure mode for regular collection.
Easypay Online
Easypay Online is an integrated multi-modal collection platform that facilitates receivables across multiple payment modes, including Netbanking, NEFT/RTGS, Cards (Visa/Master/Rupay), E-Wallets, UPI, BQR, POS, IMPS, and branches (Cash and Cheque), through a single integration.
Features:
Easypay Branch
Easypay Branch solution enables corporates to receive collections from their end beneficiaries in the form of cash, cheque and DD at 4500+ Axis Bank branches all over India. The solution facilitates hassle-free collections with features such as centralized monitoring, customized & reconciled MIS and real-time updates in ERP.
Cash Deposit Machine(CDM)
CDM solution enables corporates to receive collections in the form of cash from their end beneficiaries via Card or card-less solution.
Card: End user will insert card at any of Axis Bank’s CDM to deposit cash and the amount will be transferred to designated account as per credit arrangement.
Card-less: End user will enter login credentials into Axis Bank’s CDM deployed at client’s location to deposit cash and the amount will be transferred to designated account as per credit arrangement.
Key features:-
Cash Deposit Machine(CDM)
Cheque Truncation System is a clearing method used to process outward clearing cheques on scan basis. This arrangement is offered exclusively to Co-operative banks where Axis bank stands as a sponsor bank and ensures that Co-operative banks are able to extend clearing services to their end customers.
ATM Sub-membership
ATM sub membership is offered exclusively to Co-operative banks who have Axis bank as their sponsor bank and wish to extend ATM Card services to their customers. This allows Co-operative bank customers to withdraw cash from their accounts in Co-op bank using Axis Bank ATMs.
Business Correspondent
Business Correspondent (BC) for Cash Collections is offered to corporate customers, to deposit cash at locations / retailer outlets without coming to Axis Bank branches.
Under CMS arrangement, we have on-boarded BC’s who facilitate Cash Deposit services* for customers at their retailer outlets.
The list of BC’s under CMS are given below.
*T&C Apply
Extensive CMS Network
Quick Downloads
Frequently Asked Questions
Axis Bank’s Collection Solutions are designed and developed to meet all the means of Collections such as cheque, cash and electronic transfer. Before you avail of any of our collection solutions, make sure to read the FAQs for collection solutions first. You can get answers to all your queries such as the charges, documentation, timelines to start the CMS, etc. below in the collection solutions FAQs.
For Collections, it is suggested to open an account with the Cash Management Banker, however it is not mandatory to open any account for pooling of Collection funds. In Payments, it is mandatory to open a current account with the Bank.
The charges depend on case to case basis. To find the most appropriate charges for your company please send an e-mail to cashmanagement@axisbank.com
After the receipt of complete documentation it takes only 2-3 working days to begin with Cash Management Services.
Individual products require different documentation. Specially designed documents to reduce your executive time spent on the documentation. You can send an email to cashmanagement@axisbank.com and we shall be happy to reply to your query.
With Axis Bank, you collections, payments and the current account can be effectively linked giving you a total control on the receivables and payment requirements.
All the specific requirements across business models can be incorporated in the MIS provided for all our products.
The reports can be made available through Axis Bank corporate front-end portal.
Email to be shared with the respective branch / RM. Request will be processed within 72hrs if
- Request received from the registered email id
- Username, corporate id and CMS product name is correctly mentioned in the mail
- Correct email id to be shared for addition / deletion
Copyright@ 2025 Axis Bank