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  • Axis Bank Central Travel Account Card

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  • Corporates spend a lot of money on air travel for business. Hence, it might sound challenging when one thinks of trying to save money on corporate travel especially when the firm in question has a huge number of employees who fly to different destinations at different times of the year. However, to combat costs relating to corporate travel, Axis Bank is offering the Central Travel Account Card. It is a centralised payment and billing solution offered to corporate firms to organize their air and other related travel needs with greater ease and convenience. This card comes with some exciting features and benefits. Let’s take a detailed look at the Axis Bank Central Travel Account Card.

    Features and benefits of the Axis Bank Travel Account Card

    This card is equipped with useful features and benefits some of which are listed below:

    • This card involves a centralised payment and billing account to help firms have a consolidated system in place.
    • There is no physical card. Hence, there is no plastic used in the process of procurement.
    • Corporates can use this account to make payments to airline services for booking travel tickets for their employees.
    • The bank offers 24x7 online support for firms so that they can customize MIS (management information system) reports. This makes reconciliation convenient and easy.
    • Since it is easy to merge, firms can easily integrate the Axis Bank Travel Account Card with their existing system of accounting.
    • To manage unrecognized transactions, there is a dispute management system in place. This body also handles other issues like duplicate billing and unutilized ticket cancellations.
    • Firms receive detailed charges related to air travel in concise and clear monthly account statements.
    • This card provides all travel spends integrated on a single account.
    • Firms receive a source of advanced travel data (mostly for air spend) that permits detailed reporting of how, when, and where the employee is travelling leading to spend reconciliation.
    • This card functions on the concept of "authorised signature and writing."
    • It provides effective solutions for frequent as well as ad-hoc travellers.
    • This card allows customised reporting by capturing changeable fields like travel authorization number, booking reference, employee ID, cost centre, and other categories for data reconciliation.
    • By simplifying data reconciliation, this card helps firms in minimising paperwork.
    • This card helps in simplifying payments by enabling firms to use a single monthly payment system.
    • Firms have access to data online. Hence, they have a greater control over the process of procurement.
    • This card helps the firm in enforcement of their travel policies.
    • It helps firms to track expenditure through a single process.
    • It also helps them to negotiate significantly with regular airlines.
    • It makes travel contracts cheaper as it allows greater negotiations based on appropriate and accurate information.
    • Firms also receive a dedicated relationship manager and full-time support infrastructure to make sure that the web-based program is successful.

    Insurance coverage provided by Axis Bank Central Travel Account Card

    Following is the breakdown of the insurance coverage provided by the Axis Bank Central Travel Account Card:

    Category Value of Coverage
    Air accident Rs.2,00,00,000
    Delay in flight Rs.10,000
    Loss of checked-in baggage Rs.30,000
    Missing connecting flight (international) during the process of transit Rs.10,000
    Loss of baggage Rs.30,000
    Delay in baggage distribution Rs.30,000

    Eligibility Criteria For Procuring Axis Bank Central Travel Account Card

    The eligibility criteria for procurement of the Axis Bank Central Travel Account Card varies from firm to firm. The only common criterion is that the firms should not be involved in any illegal business or malpractices.

    How To Apply For Axis Bank Central Travel Account Card?

    There are two ways following which interested firms can apply for an Axis Bank Central Travel Account Card:

    • Online: Interested firms can log on to www.axisbank.com and apply for the card directly on the bank’s website. They will need to fill-in an online application form and submit it online. An executive from the bank will get in touch with them to process their application.
    • Firms can also call 1800-419-5959 and talk to a customer care executive to get the card. Alternatively, they can also visit the nearest branch of Axis Bank to apply for this card.

    FAQs on Axis Bank Central Travel Account Card

    1. How to apply for the Axis Bank Central Travel Account credit card?
    2. You can apply for the Axis Bank Central Travel Account credit card by visiting the official website of Axis Bank.

    3. How can firms find out the status of their application to procure an Axis Bank Central Travel Account Card?
    4. Firms can call the 24x7 customer care number, that is 1800-419-5959 and speak to a customer care executive to find out the status of their application. They will need to keep their reference number handy while talking to the executive.

    5. Does this card serve firms belonging to a particular sector?
    6. No, firms can various sectors can apply and use this card.

    7. Does this card help in cutting costs of corporate travel endured by a firm?
    8. Yes, this card helps in cutting costs of corporate travel endured by a firm by proposing effective and reasonable negotiations with various airlines.

    9. How to check the status of the application for the Axis Bank Central Travel Account credit card?
    10. The application status for the Axis Bank Central Travel Account credit card can be checked on the credit card section of the Axis Bank website.

    11. Does it provide any insurance coverage?
    12. Yes. The credit card holders of Axis Bank Central Travel Account credit card will receive insurance coverage.

      

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