You may repay your 24x7 Personal Loans in any of the following three ways:
- Standing Instruction (SI): This mode can be used if you have an existing savings, account with Axis Bank. Alternatively, you may wish to open a savings account with
Axis Bank to use this option. Your EMI amount will be debited automatically as per the monthly cycle from the Axis Bank account you specify
- Electronic Clearing Service (ECS): This mode can be used if you have a non-Axis Bank account and would like your EMIs to be debited automatically as per the monthly cycle from this account
- Post-Dated Cheques (PDCs): If you are making payment from a non-Axis Bank account in a non-ECS location, then you can submit post-dated EMI cheques at your nearest Axis Bank Loan Centre. A fresh set of PDCs will
have to be submitted in a timely manner.
It is recommend that you opt for either the SI or ECS mode of payment as they are both faster and less prone to error than the use of PDCs.