This is a customized and value enhancing bulk payments solution that enables you to outsource your low-value, high volume payments ranging from vendor payments to taxes and government levies to mass payments of dividend and interest.

Disbursements products :-

1. Bulk issuance with a processing capacity of over 15000 instruments per day.
2. Multiple products processed under the same transaction instruction
3. lPayments on over 1000 Partner Bank Centers
4. lData input through direct uploads
5. lPayment initiation by you through internet
6. lClient specific MIS
7. Additional services like dispatch to beneficiary
8. lMIS download /payment querying through Internet

Our Disbursement products are categorized based on type of instrument, drawn on location and specific features of the instrument. The various products existing on the disbursements front are as follows:

• PROMPT PAY : Bulk Demand Draft issuance on IDBI Network.
• PROMPT PAY PLUS : Bulk Demand Drafts on Correspondent Bank Network.
• INSTA PAY : Pay Order on IDBI Bank Location, applicable only at Mumbai
• QUICK CHEQUE : Cheque Writing/Payable at Par on our own bank Network with Facsimile signatures of the authorized signatories of your account with us.
• REMOTE PAYOUTS : Payout (PO issuance), printed locally at IDBI Bank Branches
• AUTO PAY : EFT on the IDBI bank network.
• AUTO PAY PLUS : TT/Remote POs on the correspondent bank network
• EXPRO PAY : Bulk Instrument issuance on IDBI Network in the customized format in addition uploadable reverse files.

• Payment Initiation & Authorisation
• Stop Payment request
• Beneficiary Upload
• Multi product payment upload
• Report scheduling
• On Demand Reporting
• Instruction Status Query