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What's in store for you

More Benefits Than Ever Before

Exclusive Benefits

  • Ability to receive payments from multiple buyers through a single digital platform.

Security Benefits

  • Card-based solutions with a secure digital platform.

MIS & Reporting Benefits

  • Visibility through MIS for all payments received.

  • Auditable trail of all transactions.

  • Archival of transaction history

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Additional Benefits

Documents required to get you started

Identity Proof 

  • Passport
  • Aadhaar card
  • Voter ID
  • Driving license
  • PAN card
  • Passport size photos

Address Proof 

  • Utility bills (electricity, water, gas, or telephone)
  • Rental agreement
  • Passport
  • Aadhaar card
  • Voter ID

Income Proof 

  • Salary slips (for salaried individuals)
  • Income Tax Returns (ITR)
  • Form 16
  • Bank statements

Know more about the card

Fees and Charges

    Goods and Services Tax (GST)

  • The applicable GST would be dependent on place of provision (POP) and place of supply (POS). If POP and POS are in the same state then applicable GST would be CGST and SGST/UTGST else, IGST.
  • GST For FEE & Charges / Interest transactions Billed on statement date will reflect in next month statement.
  • GST levied will not be reversed on Any dispute on Fee & Charges / interest. 
  • Please click here ​​​​​​​to see the fees and charges applicable to our Accounts Payable Program.
Fees and Charges

Added Delights

    Benefits to dealers & distributors (Card holders):

    Convenience

  • Access to timely and comprehensive reports helps to minimise administration cost required for record storage, tracking & reconciliation.
  • Customisable Credit cycle such as (30+20) days or (15+7) days.
  • Incremental credit line bringing in cost efficiency.

    • Strengthen Corporate Relationship

  • Real time receipt of payment notification to corporate's reduces the follow-ups and possible disputes.
  • Assures timely and correct payment deposited to Corporate's account.

    • Benefit to Corporate – Digital Platform:

    Facilitates convenient, easy, and hassle-free payment process

  • Cost effective – Reduces the cost of manpower required for payment processing & Reconciliation.
  • Improves Cash flows by timely receipt of short-term receivables.
  • Automate and digitise the entire pay-in process, thereby increasing operational efficiency.
Fees and Charges

Most Important Terms and Conditions

  • The Most Important Terms and Conditions for each of our banking offerings features all the specific terms and conditions that govern their use. You must go through it thoroughly to fully understand the terms and conditions applicable to any banking product you choose.
Most Important Terms and Conditions
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Frequently Asked Questions

An Accounts Receivable Program is a digital platform that allows businesses to receive payments from multiple buyers through a single-point reconciliation mechanism. It provides a secure card-based solution and integrates with your core financial system for streamlined payment processing and reconciliation.

The Accounts Receivable Program Credit Card offers convenience, security, MIS & reporting, benefit to corporate, compliance, dashboard & MIS, and business opportunities. It simplifies the payment process, reduces costs, improves cash flows, automates pay-in processes, ensures compliance, and opens up additional business opportunities.