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RTGS/NEFT/ARD Remittance

Axis Remit Direct (ARD) is an online INR payment service provided by Axis Bank. The payments can be bill/invoice, family remittance, labour payment etc .It can be categorised as follows:

  • NEFT: The transfer of amounts to all banks in India below Nu 200,000.00 (Two Hundred Thousand) only are considered to be a NEFT and are settled on batch-wise at half-hour intervals
  • RTGS: The transfer of amounts to all banks in India above Nu. 200,001.00 (Two Hundred Thousand and One) only are considered to be RTGS and are immediately settled on receipt.
  • Direct Payment: It is a real time direct payment to AXIS Bank.

INR Payment is a payment to all Banks in India through State Bank of India

  • Direct Payment to State Bank of India
  • Non- SBI Bank payment is the service where a transfer of amount to banks in India can be made through State Bank of India

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