You must have visited this page looking for the information on ‘Consolidated Charges in Axis Bank.’ You might have noticed an unusual transaction or deduction from the bank account. Most people do not understand the meaning of ‘Consolidated Charges.’ The reason people start looking for this term online.
There is no doubt. Axis Bank charges a lot to its customers. You cannot simply just sit with the bank account balance. However, this article is all about explaining the term ‘Consolidated Charges.’
We have added a complete piece of information here. You only have to check it out and understand the meaning of this word. Let’s have a look.
What are Consolidated Charges in Axis Bank?
We have mentioned it earlier. You must be an active bank account holder of the Axis Bank. For instance, Axis Bank charges a lot to its customers in the name of consolidated charges. However, the charges depend upon the type of account a customer is having with this bank.
For example, the different charges are applied for the different services a user avail from this bank. For instance, the charges which are deducted at the end of the month including GST (Goods & Services Tax) are the consolidated charges.
How do we know the details of ‘Consolidated Charges.’?
There is nothing difficult in it. We have mentioned it earlier. The consolidated charges always appear in the bank account statement. Thus, a user can find the details of such charges using the available digital banking services such as;
- Internet Banking.
- Axis Bank Portal.
- SMS.
Know the details of ‘Consolidated Charges.’ – Internet banking
You can get the complete details for the transaction using the Axis Bank internet banking service. For this, just follow the steps we have added below.
- First, you need to visit the official website of Axis Bank. You can directly visit it from here: https://www.axisbank.com/.
- After that, go through the login page.
- You now have to log in using the internet banking username and password.
- From the dashboard, visit the accounts section.
- You now have to select the bank account.
- After that, click on the ‘view detailed statement.’ option.
- After that, click on ‘view account charges.’
- On the next screen, click on the ‘levied account charges.’ option.
- The consolidated charges details will now display on your screen.
- That’s all.
Axis Bank Portal
Not having access to internet banking? No worries, you can still check the list of charges applied to your bank account using the Axis Bank portal.
- You only have to visit the Axis Bank portal. You can directly visit the portal from here.
- You now have to select the account type.
- The list of all the consolidated charges in the Axis Bank account will now display on your screen.
SMS
You will also receive a text message for any transaction related to the Axis Bank account. Just make sure your mobile number is updated with the bank records for getting the transaction information.
Furthermore, you can also connect with Axis Bank customer care for getting more information related to the consolidated charges.
Frequently Asked Questions
There is no doubt. You must be having some questions to ask. No worries, we have added some repeatedly asked questions in this section. You can check it out. (If you do not find the answer for what you are looking for? You can directly ask us in the comments section then.)
How to stop consolidated charges in Axis Bank?
Practically, the consolidated charges cannot be stopped. It is because the charges are valid, and it is for the product and services a user avail from the bank. But, you can avoid some of its charges by properly using your bank account.
What do the consolidated charges mean?
The different charges are applied for the different services a user avail from this bank. The charges which are deducted for products and services are the consolidated charges.
What is the BNA convenience fee in the Axis Bank?
BNA (Bank Note Acceptor) is a cash deposit machine from the Axis Bank. In this machine, a user can deposit many cash deposits directly to their bank account without standing in a queue. For instance, there are no such charges for using BNA (Bank Note Acceptor).
But, if you avail of any service after the banking hours? Then, the BNA convenience fee is applicable. You will see the same in your axis bank account statement.
Bottom Line
There is no doubt. You might have noticed an unusual transaction or deduction from the bank account. Most people do not understand the meaning of ‘Consolidated Charges.’
The reason we have added this article is for the people who were looking for this term. We have added all the detailed information on Axis Bank consolidated charges. We hope it helps. If something else needs to be asked of us? Kindly use the comments section.
What did we learn?
