How to deposit via Local Money Transfer in India — Mobile App

Note: This method is only available to residents of India.

Follow the steps below to deposit funds into your trading account in the Axi mobile app: 

• Open the Axi Mobile App.

• From the bottom menu, click “Funds” and choose "Deposit".

• Choose the trading account you would like to deposit funds into.

Important: If you have multiple trading accounts, ensure you choose the correct one. If a deposit is made into the wrong account and an additional transfer is required, processing delays occur. 

• Enter the amount you would like to deposit.

• Select “UPI” as your deposit method and click "Continue".

Note: Ensure you meet the minimum deposit requirements. Depositing less than the minimum will prevent the transaction from completing.

• Review your details on the next page and click “Deposit”.

• A QR code will be displayed. Scan this using apps like Paytm, Google Pay, or PhonePe.

Note: The receiver’s name will appear as “Panday Enterprises”. This is the official registered UPI ID used by Axi and is safe to use for your transactions.

• Once the payment is made, manually enter the payment reference ID (UPI reference number) in the “Enter Transaction ID / UTR No” field.

• Important: Enter the ID without any gaps or spaces and click “Save”. (A screenshot on the QR code page is not mandatory).

IMPORTANT: Your deposit is auto-approved only if the Reference ID matches the one from the payment provider. If they do not match, your deposit may be delayed/failed. 

• After clicking Save, you will receive a “Deposit Pending” notification; click “Continue”.

• A confirmation popup should appear within 2 minutes, and funds will reflect in your MT4/MT5/Axi account.