Axis Bank Corporate Credit Card

Corporate Liability credit cards help the multi-national companies in regulating travel policies and other expenses. The credit limits of employee’s individual cards are set by the companies itself. The companies are responsible for clearing dues of all the cards at month end.

Individual Liability credit cards are similar to personal credit cards, aiding the employees in keeping the expenses of personal and official purpose as separate. The credit limit on the card is set after assessment of the employee. The employee is alone responsible for payments of all transactions made by that card.

Following are the main specifications and advantage of this credit card:

Axis Bank no longer provides fresh issue of Axis Bank Corporate Credit Cards for Individual Liability. Axis Bank Corporate Credit Card for Corporate Liability is available. There is a list of documents that need to be submitted along with a properly filled application form. These documents are to be submitted during Credit Appraisal and Post Credit Appraisal stage.

Corporate Liability Credit Card related documents

1. KYC of individual employee that includes Photo ID proof, Address proof and PAN card
2. Documents for Credit Appraisal stage: Corporate PAN Card, AOA/MOA along with Audited Annual Reports and Profit and loss statements of previous 2 years
3. Documents for Post Credit Appraisal: Corporate Application Form and Board Resolution.

Individual Liability Credit Card related documents

1. Income proof like last 2-month payslips, ITR, Form 16, Salary Certificate etc.
2. Form 60 or PAN Card
3. Address proof like Driving License, Passport, Utility bills etc.

The fee and charges associated with the two liability cards are mentioned below:

Indeed, Axis Bank Corporate Credit Card is the best solution for companies and its employees to manage expenditures of both the firms and individual employees.

Please Note: Axis Bank is not a Paisabazaar partner. Offers would be from partner Banks/NBFCs only.