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Credit Line on Fixed Deposit
Credit Line on Fixed Deposit
Can the repayment to the Credit Line UPI ID be done via any other UPI ID?
Yes, the repayment to the Credit Line UPI ID be done via any other UPI ID. Other modes of transfer includes NEFT, RTGS, IMPS etc.
How do I link my availed credit line to UPI?
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...
Why am I not eligible for the Credit Line?
Eligibility for the Credit Line is determined by Axis Bank. For further details, please contact Axis Bank customer service through this link.
How do I make repayments towards my OD account?
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...
How should I close the Fixed Deposit?
To close your Fixed Deposit, please contact Axis Bank customer service through this link.
Can I foreclose or repay my overdraftamount in Secured Creditline on UPI?
Yes, by clearing all outstanding dues and submitting a request at any Axis Bank branch.
Are there any charges for Credit Line on UPI?
For credit disbursement and charges, refer Key Fact Statement (KFS) issued at the time of credit onboarding.
How to check my Credit Line account details?
You can check the details of your Credit Line account on the Axis bank Mobile banking Application.
How to check the interest calculated on my Credit Line account?
Interest will be calculated on the last day of the month, same will be available on the Axis Bank Mobile banking Application.
What is the Interest Rate (ROI) of credit line?
The interest rate (ROI) for the Credit Line is 2% higher than the interest rate (ROI) for the fixed deposit.
