POSTED BY August 1, 2013 8:03 pm ONE COMMENTON
Recently i activated enCash 24 feature to my exisiting Axis bank savings account but i would like to know whether this feature is enabled or not.
Can any one please help me how can i know this feature is enabled/not meaning where can i see it on my internet banking account screen?
and also if any FD’s are created by enCash 24 feature is these FD’s can be view in Deposits section?
2021 © Jagoinvestor.com All Right Reserved
One reply on this article “Axis Bank enCash 24 Account”
FDs in Axis Encash24 are created on every Monday & in lots of Rs.5K each. Any amount above the limit you had set will be converted into a FD of multiple of 5K.
Eg if you had set a limit of 35K & had a balance of 50K then a FD of 15K will be created.
As its not a normal FD it wont appear on the Deposits page.
This can be viewed via Internet banking through the
1. go to Investment Tab—> the click “view details” on portfolio summary.