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Banking

Cash Management Services

Collect cash repayments for NBFCs, microfinance institutions and lenders at any counter in the network. The customer repays locally instead of travelling to a branch, and the institution receives a single consolidated settlement with a line per collection.

What you get

  • Collections for NBFCs, MFIs and lending partners
  • Customer identified by loan account number or registered mobile
  • Instant receipt to the customer by SMS
  • Consolidated settlement to the institution with per-collection detail
  • Commission to the collecting counter on every receipt
  • Daily reconciliation file per institution

How it works

  1. 1Institution onboards with usThe NBFC, MFI or lender is set up first, along with how its accounts are looked up and how its file is delivered.
  2. 2Customer walks into any counterThey give a loan account number or their registered mobile, and the counter confirms the name before taking cash.
  3. 3Collect and receiptCash is taken and the customer gets an SMS receipt immediately, which is their proof rather than a handwritten slip.
  4. 4Institution is settledA consolidated settlement with a line per collection, so the lender reconciles one credit rather than hundreds.

FAQ

About cash management services

What if the operator takes cash and the posting fails?

The customer's SMS receipt is issued on a successful posting, so a failure is visible at the counter immediately rather than discovered later. The operator should not hand over a receipt they have not seen confirmed.

Can any counter collect for any institution?

Only for institutions that have been onboarded, because the lookup and the settlement file are configured per lender. A counter cannot collect against a loan from a lender we have no arrangement with.