| Channels | Axis branch and supported Internet/mobile banking channels. The current remittance form is rail-specific; digital channel ceilings remain account/scheme dependent. | Canara ai1 Mobile Banking, Internet Banking and branch. The detailed cooling/₹7.5 lakh interbank figures in this profile are explicitly mobile-channel rules. |
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| Authentication | Digital journeys use Axis channel security; the current branch form requires signed authorization. The engine does not infer one OTP/beneficiary sequence for every Axis channel from migration-only documentation. | Canara ai1 beneficiary transfer uses MPIN plus OTP for IMPS/NEFT/RTGS (UPI uses UPI PIN and is modeled separately). |
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| NEFT | RBI NEFT has no system floor/ceiling and operates 24x7 in half-hourly batches. Axis's current form permits cash NEFT up to ₹49,999 and requires photo ID for non-customer cash remittance; account/channel limits still apply for digital use. | RBI NEFT has no system floor/ceiling and settles 24x7 in 48 half-hourly batches. Canara ai1 applies the mobile interbank daily ceiling up to ₹7.5 lakh; savings-bank online NEFT is nil-charge under the current service schedule. |
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| RTGS | RBI minimum ₹2 lakh, 24x7 real-time settlement and no RBI maximum. Axis's current bank form does not publish one universal retail digital maximum, so product/account scheme limits remain controlling. | RBI minimum ₹2 lakh, 24x7 real-time and no RBI upper ceiling. Canara ai1's mobile interbank daily cap can still constrain the transfer; the current Canara schedule lists outward RTGS ₹24.50/₹49.50 + GST by slab. |
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| IMPS | Axis's May 2025-version remittance form states up to ₹5 lakh per IMPS transaction, subject to the per-day transfer limit for the account holder's Axis scheme code. Pending IMPS can transfer or revert within T+2 days. | Instant 24x7 with NPCI ₹5 lakh per-transaction ceiling. Canara ai1 remains subject to the ₹7.5 lakh/day mobile interbank aggregate; Direct Pay without beneficiary is separately ₹25,000/day. |
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| Beneficiary controls | Generic bankwide current beneficiary waiting/first-day figures were not established by the reviewed primary remittance form. Migration-specific Citi-to-Axis material is retained as scoped evidence, not generalized. | New Canara ai1 beneficiary: no transfer for first 1 hour; after 1 hour and up to 12 hours, up to ₹50,000; after 12 hours, full permitted daily limit. Night-time additions use the bank's 6 AM timing rule. |
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| Security cooling | No universal bankwide cooling amount is asserted from the current generic form. Where a customer's specific Axis app/account migration journey displays a temporary limit, that live scoped control overrides the generic profile. | New Mobile Banking registration: first 24h cumulative ₹15,000, split ₹5,000 Quick Pay + ₹10,000 to a new beneficiary after one hour. Standing instruction to a newly added beneficiary is enabled after 24h. |
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| Charges | Charges/taxes are 'as applicable' on the current remittance form and can vary by account programme. The engine avoids taking a fee waiver from one premium/current-account tariff and presenting it as an Axis-wide retail price. | Current schedule: online NEFT nil for SB customers; RTGS outward ₹24.50 (₹2–5L) / ₹49.50 (>₹5L) + GST; IMPS Internet/Mobile below ₹1k nil, then ₹3/₹5/₹8/₹15/₹20 + GST by slab up to ₹5L, with stated exempt account classes. |
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| Failure / reversal | Current Axis form states a pending IMPS may be transferred or reverted within T+2 days. Returned NEFT and error/delay responsibility follows the bank/RBI transaction conditions. | Canara's RTGS/NEFT FAQ provides return/escalation routes for non-credit/delay. Pending/failed IMPS should be handled through the bank's transaction-status/support process rather than retried blindly. |
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