Credit Line on Fixed Deposit
The minimum Credit Line limit is Rs.25000 and the maximum Credit Line limit is Rs.500000.
To link your availed credit line to UPI, please follow the simple steps below - 1. Open any UPI app 2. Click on "Payment Methods" > "Add Credit Line" 3. Select "Axis Bank" 4. Enter the 6 digit Pin and the expiry date (received at the time of disbursement) 5. Set this account as...
Eligibility for the Credit Line is determined by Axis Bank. For further details, please contact Axis Bank customer service through this link.
To make repayments towards your OD accounts you could use any of the following methods: a. Mobile Banking: The amount will get credited within 2 working days. b. Through any other bank account: Raise an NEFT with below mentioned details: c. By Cheque: Drop boxes are available at...
Only P2M (Person to Merchants) transactions are allowed. Transactions with high-risk vendors (like gambling / gold purchase / bitcoin / trading apps) through UPI is restricted.
Below are the eligbility criteria for availing a Secured FIxed Deposit based credit line on UPI You are an Indian resident with 18+ years of age You reside in India while opening the account You should have a valid Pan and Aadhaar card Your mobile number is linked to Aadhaar car...
A credit line on a Fixed Deposit from Axis Bank allows you to meet your cash requirements without liquidating your fixed deposits. You can avail up to 85% of the value of your fixed deposit as a loan, ensuring you continue to earn interest on the full amount and avoid any penalti...
For credit disbursement and charges, refer Key Fact Statement (KFS) issued at the time of credit onboarding.
You can check the details of your Credit Line account on the Axis bank Mobile banking Application.
Interest will be calculated on the last day of the month, same will be available on the Axis Bank Mobile banking Application.