Automate supplier payouts, office rental disbursements, and commercial utility invoices with automated SAC 9971 GST compliance and real-time bank IMPS rails.
Every transaction adheres to RBI anti-cycling terms, statutory GST deductions, and live bank verification.
Automated ₹1 bank account ping verifies recipient identity and IFSC accuracy before payouts are permitted.
Generates compliant PDF Tax Invoices certifying platform convenience fees under SAC 9971 with 18% GST breakdown.
Choose between Instant IMPS Payout (3.5%) or Standard Next-Day Batch Settlement (2.5%) based on cash flow needs.
Levenshtein fuzzy name comparison and PAN matching prevent credit card cycling and unauthorized personal cash extraction.
All disbursements are strictly tagged with appropriate Merchant Category Codes.
Disburse monthly commercial leases, co-working facility dues, and corporate office rent directly to designated landlords with rent agreement archiving.
Settle supplier bills, IT infrastructure maintenance, and professional service invoices with automatic tax breakdown and PAN verification.
Automate warehouse leasing, server hardware rental fees, and commercial utilities with complete transaction trail and automated receipts.
Zero hidden setup charges. GST is charged strictly on the platform convenience fee as per law.
Economical processing for scheduled commercial rental and recurring supplier disbursements.
Real-time instant settlement directly into recipient bank account for verified cards.
UtilityPay operates strictly as a commercial utility and vendor invoice processing intermediary. In compliance with the Prevention of Money Laundering Act (PMLA) and RBI guidelines, direct personal cash-outs and self-transfers to one’s own account or matching PAN are strictly prohibited.