M16S / Axis Bank / Axis Corporate Card with Individual Liability
business, travel
Axis Corporate Card with Individual Liability
Axis BankMastercard · VisaLast checked 12 Oct 2026closed to new applicants
It earns 1 point per Rs 200 on domestic spend. Accelerated earn: 2 points per Rs 200 on international spend. The forex markup is 3.5%. Lounge visits in India: Complimentary access at select airports in India (count not stated). Read from the issuer's own documents on 12 Oct 2026.
Card design: axis.bank.in
Annual fee
—
Fee waived at
—
Base return
—
Forex markup
3.5%
Interest
2.95%a month
Fees
Fee notes
Joining and annual fee 'as agreed with company'.
Rewards
Reward currency
Plus points (Axis corporate rewards catalogue)
Base earn
1 point per Rs 200 on domestic spend
Accelerated earn
2 points per Rs 200 on international spend
Spends that earn nothing
No points on fuel transactions
Reward notes
base_return_pct null: the page gives no rupee value for a point.
Travel and perks
Domestic lounge
Complimentary access at select airports in India (count not stated)
Forex markup
3.5%
Fuel surcharge waiver
1% refunded on Rs 400-4,000 fuel transactions (no cap stated); GST on surcharge not refunded
Other freebies
Fourth-line embossing of company name; online MIS; insurance: personal air accident Rs 4.5 crore, lost card liability incl. counterfeit Rs 1 lakh, checked baggage loss / baggage delay / loss of baggage Rs 30,000 each, missed international connection Rs 10,000, flight delay Rs 10,000
Charges and eligibility
Interest per month
2.95%
Late payment fee
Rs 300 if total payment due is up to Rs 2,000; Rs 400 for Rs 2,001-5,000; Rs 600 for Rs 5,001 or more
Eligibility
Fresh issuance discontinued; page content applies only to existing individual-liability corporate cardholders. Employees were individually assessed and are solely liable for payment.
Fine-print notes
New entry created from the issuer product page read 2026-10-12, which states: 'Fresh issuance of Axis Bank Corporate Card with Individual Liability has been discontinued.' Interest 2.95% a month (41.75% a year) applies to the individual-liability variant; over-limit penalty 3% (min Rs 500); cheque return Rs 300.
Questions
Does the Axis Corporate Card with Individual Liability give airport lounge access?
Yes. In India: Complimentary access at select airports in India (count not stated). Outside India: none listed.
What is the forex markup on the Axis Corporate Card with Individual Liability?
3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Axis Corporate Card with Individual Liability?
