Other services
Bill Collection
Bank give the facility of bill collection (Cheque/Draft/Bill of Exchange) with fast transaction facility.
Types of Bill Collection Services:
Utility Bill Collection
-
Electricity, water, gas, telephone, internet bills
-
Walk-in or auto-debit facility
-
Real-time or next-day settlement with providers
Outstation Cheque/Bill Collection
-
Collection of cheques drawn on outstation branches or banks
-
Sent through our correspondent branches
-
Proceeds are credited after clearance
Commercial Bill Collection
-
For traders, dealers, or businesses collecting payments from clients
-
Bills accompanied by goods delivery documents
-
Payment via demand draft, NEFT/RTGS, or cheque
Institutional Fee Collection
-
College/school fees, housing society dues, insurance premiums
-
Bulk upload and reporting options available
-
Reports and statements shared with institutions
Features & Benefits:
Convenient - Reduces manual payment hassles
Time-Saving - Faster collection and reconciliation
Wide Reach -Collects payments even from remote or rural areas
Secure Handling -Cheques and drafts processed safely
Instant Acknowledgement - Receipts or SMS alerts for customers
Custom Solutions - Tailored to institutional or business needs
Bill Collection Charges (Sample):
| Service Type | Charges (₹) |
|---|---|
| Utility Bill Collection | Nominal or free |
| Outstation Cheque Collection | ₹50 – ₹150 per cheque |
| Commercial Bills | Based on value/slab |
| Institutional Bulk Services | Custom pricing available |
Documents Required:
For individuals: ID proof (for over-the-counter payments)
For institutions: Partnership deed / registration certificate
Bank account details to link collections
How to Avail the Service:
Visit your nearest branch or speak to a relationship manager
Fill out the Bill Collection Service Request Form
Submit any required documents
Start collecting or paying through the bank’s safe channels