Corporate Card with Individual Liability

Axis Bank Corporate Card with Individual Liability provides customers with a one stop solution for official expenses for travel and entertainment. The card provides for better visibility and control over your official expenses along with a choice of liability. You can either opt for Corporate or Individual Liability. The Corporate Card with Individual Liability comes with a fourth line embossing of the company's name, complimentary lounge access at select airports in India and has a unique Management Information System to help keep track of every transaction.

Features and Benefits

Axis Bank's Corporate Card offers the best travel and expense management solution to corporates with global acceptance and customized solutions. Axis Bank Corporate Card comes with two liability options

Corporate Liability

Corporate Liability Corporate Cards are an effective way of managing travel policies and negotiating preferential terms with key suppliers. These cards are issued after credit assessment of the corporate; who in turn defines the limit on individual cards. The corporate bears the liability for the entire outstanding amount on the cards. The payment is made directly to the bank once a month instead of multiple payments to individual employees/suppliers. Exposure risk of the Corporate is mitigated by the fact that the card is a charge card wherein the full payment is to be made at the end of each month with no revolve allowed on the outstanding.

Individual Liability

Individual Liability Cards based on the same lines as the personal credit cards are an effective way for the employees to keep their personal and official expenses separate while at the same time simplifying the reimbursement process. Individual employees are assessed for assignment of credit limit on each card and are solely liable for the payment of spends done on the card.

Lounge Access

Avail Exclusive Airport Lounge Access at select airports in India. For MasterCard users, click here For MasterCard users and for Visa users, click here for Visa users.

Track expenses and stay in control

Manage and control travel and entertainment expenses easily with assigned individual employee spending limits.

Get detailed transaction information

Keep track of expenditure and negotiate discounts with vendors, while managing employee compliance with corporate travel policies backed with vendor level organisational spend Management Information System.

Customise the card

Cards can be customised with fourth line embossing of the company’s name, for better association with employees.

Earn Loyalty Reward points

  • Earn 1 point on Domestic spends for every ₹ 200 spent.
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Fuel Transaction Surcharge

Swipe your Axis Bank Corporate Card at petrol pumps to get 1% refund for Fuel transaction between ₹400 - ₹4000*.

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Insurance Benefits

Various Insurance types available click here for Insurance Benefits

Terms and conditions apply

Avail benefits of a unique Management Information System (MIS)

A unique online MIS provides the most current and accurate information on all transactions to aid better analysis and decision making. Features include:

  • Immediate and efficient expense reporting system, claim settlement methods and reporting procedures

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Eligibility for Corporate Card with Individual Liability

Check your eligibility

To avail the benefits of this Corporate Card, fulfil the Corporate Card with Individual Liability eligibility criteria, as mentioned below. For any further query regarding the eligibility, you can call Axis Bank Customer Care or visit your nearest Axis Bank branc

Eligibility

  • Fresh issuance of Axis Bank Corporate Card with Individual Liability has been discontinued.
  • Contents on this site are applicable only to existing Axis Bank Corporate Credit Cardholders (with Individual Liability).
  • The Bank continues to issue Corporate Cards with Corporate Liability.

You will have to submit certain documents for Corporate Card with Individual Liability. Here are the documents that you will have to submit for credit and post credit appraisal. Make sure all your documents are in order for a hassle free process.

Keep your documents ready

Documents for Corporate Liability:

For Credit Appraisal:

  • MOA/AOA
  • Audited annual Reports and Profit and Loss statement for last two years
  • Corporate PAN card

Post Credit Appraisal:

  • Post Credit Appraisal
  • Board Resolution
  • Corporate Application Form
  • KYC of Individual Employees (PAN Card, Photo ID proof and address proof)

Documents for Individual Liability:

PAN/Form 60

Income Proof:

  • Salary pay slip (latest 2 months)
  • Form 16
  • ITR (P.Y)
  • Salary Certificate
  • Offer Letter
  • Appointment letter

Residence proof:

  • Passport
  • Driving license
  • Ration card
  • Electricity bill
  • Land line telephone bill
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Fees and Charges

View Fees and Charges Table
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Term and Conditions for Corporate Card with Individual Liability

Before applying for the Corporate Credit Card with Corporate Liability, please go through the terms and conditions below.

 

  • Please click here to view the Schedule of Charges.
  • Please click here to view the Terms and Conditions.
  • Please click here to view the Card Member Agreement.
  • Please click here to view the Code of Bank's Commitment to Customers.

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