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Dividend Services

We, at Axis Bank, offer many payment products to suit your various statutory payments such as dividend or interest. We offer a whole range of customised and web-enabled collection and payment services, under the cash management portfolio. Our cash management products enable efficient utilisation of your receivables, reduction in costs & optimisation of returns besides handling end-to-end transactions.

Features & Benefits

  • High branch network - covers over 98% of shareholders and beneficiaries.
  • New-age data transfer facility i.e. file transfer through SFTP server.
  • Auto DD cancellation facility will available for DD payments.
  • Automated reconciliation statements with value-added MIS & exclusive report (up to the life of dividend payout).
  • One-stop dedicated service desk at our centralised cash management operations unit for prompt attention to your queries.
  • Internet banking facility (view rights).
  • Dedicated product expert teams to provide advisory, documentation and onboarding activities.

Eligibility & Documentation

All extant KYC guidelines applicable to opening current accounts

Fees & Charges

There are no charges for account opening and set up.

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Reach out to us at

ipo_dividend.products@axisbank.com
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