Axis Bank enables booking of lockers via Mobile App

MUMBAI, India - June 9, 2015 - PRLog -- Mumbai, June 02, 2015: Axis Bank, India’s third largest private sector bank today announced a first-of-its kind digital initiative of enabling its customers to book lockers online using their smartphones. Customers can now select the locker options in their preferred branches by logging in to the Bank’s mobile application and manually choosing the branch for availing the service or through the geo-selection option.

After the selection of locker, the customer will be directed to the booking page, which is integrated with the savings account to make the annual rent payment of the locker. The booking ID will be generated which will be valid for 7 days. The customer needs to visit the branch in 7 days to claim the locker. In case of unavailability of locker in the preferred branch, the customer will be directed to the waitlist module, wherein she/he will be provided the waitlist number. The overall process is updated on a real time basis, offering customers transparency and simplified banking experience.

Speaking on the occasion, Mr. Rajiv Anand, Group Executive & Head - Retail Banking, Axis Bank, said: “We are proud to be the first bank to introduce digital solutions for booking lockers that offers transparency and simplicity. We are confident that this new feature will revolutionize the concept of booking lockers in the country. This initiative further reinforces our commitment to making banking simple and hassle free for our customers."

Presently, the overall pan India locker occupancy is around 72%. However, it varies across geographies and branch vintage categories.

About Axis Bank: Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.

With its 2,589 domestic branches (including extension counters) and 12,355 ATMs across the country, as on 31st March 2015, the network of Axis Bank spreads across 1,708 cities and towns, enabling the Bank to reach out to a large cross-section of customers with an array of products and services. The Bank also has overseas offices in UK, Singapore, Hong Kong, Shanghai, Colombo, Dubai and Abu Dhabi. The Bank’s website www.axisbank.com offers comprehensive details about its products and services.

Axis Bank

Suresh Warrier |Parminder Panesar I Anand Mugad

+91 22 2425 5601 |+91 22 2425 5619I+91 22 2425 5614

suresh.warrier@axisbank.com I parminder.panesar@axisbank.com

anand.mugad@axisbank.com

Ketchum Sampark

Faizan Aboli| Shruti Muddup

+91 9819110224| +91 98206 51056

faizan.aboli@ketchumsampark.com | shruti.muddup@ketchumsampark.com