Simplified single user transactional product in a perfect world suited for sole proprietorship concerns, miniaturized scale ventures or individual businesspeople who require online exchange office in their company's records. The item gives exchange rights to the client including exchange of assets to claim or outsider records up to a furthest reaches of Rs.5 lakhs every day.

Components:

Single client worked and simple to utilize

Office to see account data and download account explanation

Exchange rights on the records

Office to plan exchanges for a later date

Office to set recipient level cutoff points

Office to set separate cutoff points for DD issue demand and duty exchanges

SMS based OTP for Beneficiary Additions, Fund Transfers, Merchant Transactions and so on

Allowed Transactions:

Reserve move to accounts in SBI (Intra bank installments) upto Rs. 5 lakhs for every day

Assets move to accounts in banks other than SBI (Interbank installments) up to Rs. 5.00 lakhs for every day

Demand for DD issue up to Rs. 5.00 lakhs for each day

Installment of Taxes-coordinate (CBDT), Indirect (CBEC, CUSTOMS and so forth) and State Government charges

Installment of EPF membership

Dealer exchanges

Bill installments

Installment to enrolled providers (For example, petroleum/LPG merchants can pay to the oil majors)

Application to IPOs through ASBA

Interest in e-sell off

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