Accept scheduled repayments against a loan account number issued by the lender.
Digital Setu. Digital India.
Borrowers repay in cash and the lender's office is far away. Cash management turns your counter into the collection point, with a receipt the lender recognises.
The cash management system lets you accept cash deposits on behalf of banks, non banking finance companies and microfinance lenders. The borrower gives their loan account number, you take the cash, and the deposit is recorded against their account the same day.
Each deposit prints a receipt with a reference number. That receipt is what protects both the borrower and you if a repayment is ever questioned.
Collection work, organised so your daily closing actually balances.
Accept scheduled repayments against a loan account number issued by the lender.
Selected partners accept deposits towards cards and other products as well.
Everything you collected in a day, downloadable for reconciliation.
Handed to the borrower at the counter, with the reference the lender can trace.
Pick the finance company or bank from the list of partners in your panel.
The borrower's number, printed on their repayment card or loan papers.
The name registered against that account is shown, so a wrong number is caught before cash is taken.
Record the deposit, hand over the receipt, and your commission is credited.
Repayment dates repeat, which makes the footfall predictable rather than random.
Borrowers who never used a service counter before start with repayment and stay for other services.
Collection amounts are larger than a recharge, and the commission reflects that.
The list of partner lenders is shown in your panel and grows as new partners join. Only listed lenders can be collected for.
The borrower name shown before confirmation is the check. If a deposit still goes wrong, raise a ticket with the receipt reference and it is corrected with the lender.
Daily limits depend on your wallet balance and the lender's own rules. Both are visible in the panel.
Deposits are reported the same day. Most lenders update the borrower's account within a working day.
Register, complete KYC, and request the cash management service from your panel.