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Customized Banking Services Axis Bank ( Erstwhile Uti Bank )

Customized Banking Services Axis Bank ( Erstwhile Uti Bank )

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Published by batra14
axis bank
axis bank

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Published by: batra14 on Aug 11, 2009
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 CUSTOMIZED BANKING SERVICESAXIS bank ( erstwhile UTI bank ) , I would like to introduce Axis bank as thefastest growing new generation private sector bank , which offers a full range ofservices in corporate , retail , international banking , treasury management andmerchant management investment banking . Axis bank has over 6 million customersserviced through a wide network of 729 branch offices and extension counters andover 3082 ATM’s . A XIS bank is located at 433 cities , towns and villages . Wehave our international presence in HONG KONG , DUBAI , SINGAPORE , SHANGHAI andour wide network of correspondent banks across the globe . Axis bank offers a one– stop solution for all your banking needs .Axis bank was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established . Thebank was promoted jointly by the Administrator of the specified undertaking of theUnit Trust of India ( UTI I ) , Life Insurance Corporation of India ( LIC )and General Insurance Corporation of India ( GIC ) and other four PSU insurancecompanies , i.e. National Insurance Company Ltd., The New India Assurance CompanyLtd., The Oriental Insurance Company Ltd., and United India Insurance Company Ltd.The bank was awarded the “ Best Private Sector Bank “ in Business LeadershipAwards 2008 . WHY AXIS BANK ?
1. STRONG FUNDAMENTALSAXIS Bank's financial performance for FY 2008-09NET PROFIT : RS. 1,815.36Cr (increase by 69.50% YOY)NET INTEREST INCOME : RS. 3,686.21Cr (increase by 42.58% YOY)FEE AND OTHER INCOME : RS. 2,447.35Cr (increase by 63.72% YOY)NET WORTH : RS. 9,757Cr (as on 31st Mar. 2009)BALANCE SHEET SIZE : RS. 1,47,722.00CrAXIS Bank is a focused Bank which offers state-of-the-art solutions for all yourbanking needs .I take this oppurtunity to extend my warm regards to you and to give a briefintroduction wat AXIS Bank provide services to all its deemed customers .1. Concessional average Balance requirement .2. At par cheque facility with no limit on clearing payments at centres across thecountry.3. Free Demand Drafts / Pay Orders across AXIS Bank centres as and when requiredby you to remit funds .4. Facility for collecting donations in favour of your account through our networkof 3082 ATMs across the country as well as through iConnect - our Internet Bankingfacility .5. Investment Advice:Financial Advisory Desk not only provide portfolio management advice but alsohelp customers in undertaking investment for your esteemed organization .6. Free Demat Account:For esteemed account holders in the trust/cooperative segment , Axis Bankoffer a free demat account (Except NSDL charges ) , to facilitate theirinvestments .7. Subsidiary General Ledger ( SGL ) Account :The Subsidiary General Ledger ( SGL ) account through which investments inGovt. securities are carried out comes with a host of value – added services :Investment advice related to the customer’s g-sec portfolio .Offer of better rates on sale of government securities from the Banks’sstock of securities .Concessions on transactions and service charges .8. Foreign Contribution ( Regulation ) Act [FCRA] accounts :The FCRA account enables approved organizations to receive foreigncontributions for utillzation in their activities in India . Axis Bank wouldassist you to shift your FCRA account to their Bank and it would be a smooth shiftfor your organisation .
9. Free collection of cheques at outstation locations on AXIS Bank centers ( Onlyout of pocket expenses recovered ).10. Doorstep banking services ( cash pick/delivery/,cheque pick – up ).I am enclosing the details of various products / services customized to suit yourrequirements .The bank today is providing services to some of the largest public sectorcorporate in India , which include NDMC , MCD , DDA , BHEL , HUDA , HUDCO , NOIDA, GREATER NOIDA , MINISTRY OF URBAN DEVELOPMENT , MMTC , DSCDC , PEC , PFC , IFFCO, IRCON , MOTHER DAIRY , INDRAPRASTHA GAS LTD. , DELHI POLICE , NORTHERN RAILWAYS, and many leading corporate in private sector . SAVINGS BANK ACCOUNTAXIS Bank offers a unique savings bank account with value additions aimed atmaking banking more convenient and beneficial . The benefits offered are :-Anywhere Payments

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