In today’s virtual banking era, cheques remain an essential financial tool for businesses and people. Axis Bank, considered one of India’s leading non-public quarter banks, has brought updates to its cheque offerings to decorate protection, convenience, and compliance. This manual explores the entirety of the new Axis Bank cheque, including its functions, advantages, the way to use it, and essential adjustments that customers have to be aware about.
What is the New Axis Bank Cheque?
The new Axis Bank cheque refers to the cutting-edge version of cheque books issued by using Axis Bank with progressed security capabilities, up to date banking suggestions, and better comfort for customers. The updated cheque design aligns with Reserve Bank of India (RBI) rules, ensuring safe transactions for customers.
Features of the New Axis Bank Cheque
The new Axis Bank cheque comes with numerous better functions that enhance safety and value. Here are some of the key features:
1. Enhanced Security Features
- CTS-2010 Compliance: The new Axis Bank cheque follows the Cheque Truncation System (CTS-2010) requirements, lowering fraud dangers.
- Tamper-proof Paper: It consists of remarkable paper with chemical safety to save you alterations.
- Invisible Security Markings: Special watermarking ensures authenticity and prevents counterfeiting.
2. QR Code for Easy Verification
- The new Axis Bank cheque comes with a QR code that permits easy verification via banks.
- This function improves transaction security and decreases manual errors.
three. Personalized Customer Details
- Pre-revealed account numbers, MICR codes, and branch info make certain accuracy and save you unauthorized changes.
4. Larger and Clearer Font
- The cheque capabilities a better font design for smooth readability, reducing errors when writing or processing cheques.
5. Faster Processing Time
- The implementation of CTS-2010 reduces cheque clearance time, ensuring funds are processed quickly.
How to Get the New Axis Bank Cheque Book?
If you’re an Axis Bank client, you can without difficulty request a new Axis Bank cheque book via more than one channel. Here’s how:
1. Online Request via Internet Banking
- Log in to Axis Bank Internet Banking.
- Navigate to the “Request Cheque Book” segment.
- Select the preferred account and confirm your request.
2. Mobile Banking App
- Open the Axis Mobile App.
- Go to Service Requests > Cheque Book Request.
- Choose the wide variety of cheques required and submit.
three. SMS Banking
- Send an SMS in the layout: CHQBK <ultimate 4 digits of account variety> to Axis Bank’s carrier variety.
- You will acquire an affirmation message about the request.
four. Visiting an Axis Bank Branch
- Visit your nearest Axis Bank branch.
- Fill out a check e-book request form and put it on the counter.
- You will get hold of the brand new Axis Bank cheque e book at your registered deal within some days.
How to Fill Out a New Axis Bank Cheque?
To make certain easy transactions, observe these steps whilst writing a new Axis Bank cheque:
- Date: Write the best date in DD/MM/YYYY layout.
- Payee Name: Clearly point out the beneficiary’s complete call.
- Amount in Words and Figures: Ensure the amount suits in both phrases and numbers.
- Signature: Use your registered signature to authorize the check.
- Avoid Overwriting: Any overwriting or correction can result in rejection.
Benefits of Using the New Axis Bank Cheque
1. Enhanced Security Against Fraud
The new Axis Bank cheque ensures more secure transactions with introduced protection capabilities, stopping fraudulent alterations.
2. Faster Processing and Clearance
Thanks to CTS-2010 compliance, cheques are processed quicker, decreasing wait times for fund clearance.
three. Convenient for High-Value Transactions
For big bills where on-line transactions are not possible, cheques stay a reliable alternative.
four. Widely Accepted for Payments
Many businesses, authorities organizations, and carriers nonetheless opt for cheque-based total transactions for documentation and report-retaining functions.
Common Issues and Solutions for the New Axis Bank Cheque
Even with the advanced new Axis Bank cheque, users may additionally face some commonplace problems. Here’s a way to remedy them:
1. Cheque Bounced Due to Signature Mismatch
- Ensure you use your registered signature.
- If you have changed your signature, replace it with the bank.
2. Incorrect Amount Format
- Always double-test the quantity in phrases and numbers before signing.
three. Cheque Lost or Stolen
- Immediately touch Axis Bank customer service and request a stop price to save you misuse.
4. Cheque Not Accepted Due to Expiry
- A check is legitimate for 3 months from the problem date. Ensure you use it within this time-frame.
Axis Bank Cheque Charges and Fees
Axis Bank offers different cheque book options based on the type of account. Here’s a breakdown of the charges:
| Cheque Book Type | Free Cheques per Year | Additional Charges |
|---|---|---|
| Savings Account | 20 leaves | ₹5 per leaf after free limit |
| Current Account | 50 leaves | ₹3 per leaf after free limit |
| Senior Citizens | 40 leaves | No additional charges |
Conclusion
The new Axis Bank cheque is designed with improved security and person-pleasant capabilities, making transactions more secure and more green. Whether you need a cheque for non-public or business use, Axis Bank provides a dependable cheque device that aligns with RBI’s contemporary guidelines. By understanding a way to request, use, and manage your cheques successfully, you can enjoy seamless banking services. For extra info or to reserve your new Axis Bank cheque book, visit the Axis Bank internet site or touch customer service today.
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