Quick Answer: What Is The Work Of Axis Bank?

Is Axis 2020 Safe?

Axis Bank is the third-largest bank in the private banking sector in India and hence it is very safe to invest.

The bank offers different loans and fee-based products and services to large and mid-corporate customers..

What is full form of Axis Bank?

The United Trust of India (UTI) is considered one of the largest private banks in India. However, the bank later changed the name to AXIS that has no full form and is simply a name. IDBI. This is a government owned bank and the Full name is Industrial Development Bank of India (IDBI).

What is the salary of Axis Bank?

Axis Bank SalaryPost NameAxis Bank Salary IndiaFront Desk OfficerRs. 2,92,400 LakhOfficerRs. 1,70,000 LakhExecutiveRs. 2,04,750 LakhBranch ManagerRs. 24 Lakh –27 Lakh27 more rows•Apr 13, 2020

Which is better Icici or axis?

One of their competitors in the home loan market is undoubtedly ICICI bank….Comparison Between Axis Bank vs ICICI Bank Home Loan.CategoryAxis bank Home LoanICICI bank Home LoanLoan amountRs.1 lakh – Rs.5 croreRs.5 lakh – Rs.10 croreRate of interest7.75% p.a.6.95% p.a.Loan tenureUp to 30 yearsUp to 30 years8 more rows

Is Axis Bank a government bank?

Axis Bank is the first private sector bank authorized by the Reserve Bank of India (RBI) and Government of India to collect taxes on behalf of the State Governments. Since 1 October 2003, Axis Bank has been able to handle all Central Government Business and State Government Business.

What are the functions of Axis Bank?

Undertaking Clearing in Equity Derivatives / Currency Segment of NSE, BSE and MSEI. Bank Guarantees to Stock and Commodity brokers in favour of Exchanges. Undertaking various funds and securities settlement functions for brokers. Cash Management Services for stock brokers.

Is Axis Bank good for job?

Axis bank is one of the best bank for intiator in their career. It is the most pretigious bank. It provides more opportunities to their employers in the career.

Who is owner of Axis Bank?

Amitabh ChaudhryAmitabh Chaudhry, Managing Director and CEO – Axis Bank.

Why do u want this job?

The hiring manager wants to: Learn about your career goals and how this position fits into your plan. Make sure that you are sincerely interested in the job and will be motivated to perform if hired. Find out what you know about the company, industry, position (and if you took the time to research)

Is Axis Bank is a Nationalised bank?

The bank’s net sales were recorded at Rs 9,427.91 crores during March 2017. The bank was nationalized during 1969 by the government of India. The bank has regional offices and branches which are spread across the country. The bank has three full-fledged overseas branches located in Mumbai, Kolkata and New Delhi.

Which Axis bank account is best?

Prime Savings AccountUnlimited (free) cheque books, without any charge.Unlimited (free) Demand Draft (DD), without any charge.A Secure Plus Debit Card, at a zero issuance fee.Daily withdrawal limit of Rs 50,000 at ATMs.Daily limit of Rs 75,000 on shopping transactions.Earn Axis eDGE Reward points.More items…•

What do u know about Axis Bank?

Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses.