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Transaction Banking

KVB's Transaction Banking offers an integrated solution to support the working capital functions of any organization. With a robust electronic transaction banking platform and a comprehensive set of products for Collections, Payments and Supply Chain Finance, KVB supports your need to manage working capital more efficiently. Large or small, we have a solution tailored for you, delighting you with our blend of tradition and technology.

Features & benefits
  • Offers an integrated solution to support the working capital functions.
  • Robust electronic transaction banking platform.
  • A comprehensive set of products for Collections, Payments and Supply Chain Finance.
  • Offers Transaction Banking solutions for all business segments.
  • Designed after extensive research of expectations and requirements of corporates.
Services Offered
Cash Management Services
  • Collection Services
  • Payment Services
Supply Chain Finance
  • Dealer finance
  • Vendor finance
Advantages
  • Strong nation-wide Branch network.
  • Secured online platform.
  • Simple and seamless transaction processing.
  • Customized MIS helping simplification of reconciliation.
  • Quick TAT.
  • Comprehensive solutions to cater to the requirements of the corporates and their whole Supply Chain.
  • Cost - effective.
  • Dedicated customer service.
Charges

Service Charge Details – Cash Management Services

Collections Products
ProductsMAB up to 10 LakhsMAB more than 10 Lakhs
Local Cheque
Cheque Collection/Deposit ChargesRs.25 per instrumentRs.10 per instrument
Transfer ChequeFreeFree
RTGS/NEFT InwardFreeFree
Cash remittance charges (at base and non-base branches)Rs.2.50 per 1000 from first rupee onwards subject to Min charge of Rs.20+GSTRs.2.00 per 1000 from first rupee onwards subject to Min charge of Rs.20+GST
Cash Pickup chargesBased on feasibility study and agreed rate with service provider
Payment Products
ProductsMAB up to 10 LakhsMAB more than 10 Lakhs
DD Printing & Cheque WritingRs.50/- per instrumentRs.25/- per instrument
RTGS outwardRs.15/- per transactionRs.10/- per transaction
NEFT outwardRs.10/- per transactionRs.10/- per transaction
Internal Funds TransferFreeFree

API Service Charges

One-time setup fees:
DescriptionNew Rate
VA/Merchant Onboarding₹25.00
API Technical setup and integration fee₹2,00,000.00
Pay-Out API services:

API Service Charges for RTGS/NEFT: NIL if MAB of ₹5.00 crores was maintained in the previous month and if MAB is not maintained applicable charges will be recovered as per bank charges.

API Services Charges for IMPS:

S NoDaily Transaction < 5 CrDaily Transaction >= 5 Cr
Slab (₹)New Rate (₹)Slab (₹)New Rate (₹)
10 - 10002.50 - 10001.5
21000 - 250003.51000 - 250002.5
3> 250005> 250005

Pay-In API services:

API Service Charges for RTGS/NEFT: NIL if MAB of ₹5.00 crores was maintained in the previous month and if MAB is not maintained, applicable charges mentioned below includes RTGS/NEFT transactions for computing volume.

API Service Charges for UPI/IMPS:

DescriptionNew Rate
Pay in Charges (Volume based)0.05%
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