Private lender Axis Bank on March 23 said in a statement that it will waive off charges for savings account, current account and prepaid card customers (wherever applicable) towards online IMPS and financial and non-financial ATM transactions between March 23 and March 31 (both dates inclusive).
The bank, which has an outreach of over 2.6 crore customers across the country, has set aside Rs 100 crore to support customers, employees, vendors, government agencies and the community at large towards curbing the spread of coronavirus.
"Axis Bank stands one with the nation in its battle to ward off the biggest threat in recent times. At this point, it's critical to join hands, support people and communities to stand together in our fight against the pandemic. I would like to reiterate our Prime Minister's message of social distancing, displaying resolve and restraint," Amitabh Chaudhry, MD and CEO, Axis Bank, said.
Also Read | Axis Bank share price plummets 29%, logs biggest intraday loss since late Jan
He added, "My appeal to all customers would be to use our comprehensive digital solutions, thereby cutting down on physical interactions. We are waiving off charges on various transactions, to ensure seamless and convenient banking for our customers. We will keep continuing with our efforts in supporting the nation and its people at this crucial juncture."
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!