Collection Services

Cheques/Demand Drafts pick up facility from your location on daily basis on mutual agreed timings
Customized MIS (as required by you) with other standard deposit details.
Daily customized MIS for your easy tracking
- Deposit Report
- Credits Report
- Return Report
MIS can be provided with auto reconciliation mechanism which can be integrated with your current Tally/SAP ERP subject to posting in advance
Online tracking of cheques/DDs using our CMS NetIT platform
Customized Deposit Slips with unique reference number to track each deposit

Receivables through NEFT/RTGS using Virtual Accounts

Remitter can pay through RTGS/NEFT payment module wherein virtual account no. will be assigned to the remitter and MIS will capture the details by referring the payment and other details

Net Banking and Branch Banking both modes can be used to pay through NEFT/RTGS from his/her home bank branch.
Instant SMS / Email alerts to the remitter as well to the company for every each credit in the account followed by an EOD MIS.
A comprehensive MIS supports you in timely reconciliation of accounts.
Dynamic Information Capturing
The virtual account would behave in the mentioned manner
- Standard Virtual Account
  AAAA BBBBBB CCCCCC (9980 123456 562822) where
  AAAA (9980) Unique Reference Number which has been reserved for the Electronic Collections Product
  BBBBBB (123456) Dynamic Reference Number which would be unique for every dealer.
  CCCCCC (562822) Dynamic Reference Number which would capture details like Invoice Number / Bill Number etc. These last 6 digits can be padded with Zeroes if you do not require this facility.
- Customized Virtual Account called MAP Virtual account to suit your needs
  This is a unique offering where you can provide the account number for every remitter.
  AAAA - Specific Client code assigned by the bank for identification
  This code is followed by alpha numeric characters which can have a max length of 26 as specified by you.

Key Benefits

MIS customized as per your requirement.
Integration with Tally/SAP ERP
Auto Reconciliation for all inward Electronics Collections
Reduced processing time thus helping efficient fund management
Dual Confirmation to remitter & company thru SMS & Email Alerts

Cash Pickup and Disposal service

Customer will provide KMBL a list of locations requesting for cash pick-up services.
Customer will issue a letter of intent at KMBL central office requesting cash pick-up services in locations desired at least 10 days in advance.
Subsequent to intimation of customerÂ™s requested timings, KMBL would instruct the Service Provider (SP) to send its agent to the customer place for execution of the request as per the time lines agreed.
The Service Provider (SP) can pick-up cash up to a variation of only +/- 10% of the range mentioned in intimation sent by the Bank.
The Service ProviderÂ™s (SPÂ™s) agent will follow a procedure called Hidden Code Identification (HCI) System for securing the whole transaction.

You are never too far away from quick, efficient banking services. Locate your nearest branch or an ATM.

For assistance, call us at 1800 209 5600 from Monday to Saturday (9:30 am to 6:30 pm, excluding holidays)

Your opinion is important to us. We'll check how we can use it to improve our services

You are never too far away from quick, efficient banking services. Locate your nearest branch or an ATM.

For assistance, call us at 1800 209 5600 from Monday to Saturday (9:30 am to 6:30 pm, excluding holidays)

Your opinion is important to us. We'll check how we can use it to improve our services