Lending
Ten thousand borrowers, ten thousand account numbers
Lending is the clearest case for virtual accounts. Money arrives from thousands of borrowers on overlapping schedules, and every credit has to land against the right loan account before anyone can say who is current and who is late.
The problem
What breaks in lending
Attribution at scale
Matching inbound EMI payments to loan accounts by narration breaks down quickly and fails silently.
Partial and early payments
Borrowers pay part of an EMI, or two at once. The allocation logic needs a correctly attributed credit to work from.
Disbursal volume
Approved loans have to move out quickly, to many accounts, with an auditable trail.
Regulatory record-keeping
Every rupee in and out needs a record that survives an audit years later.
What we do
How this is handled
A virtual account per borrower
Credits arrive already attributed, whatever the borrower types in the narration.
Real-time credit webhooks
Your loan management system is told the moment a repayment lands, with the borrower reference and UTR.
Bulk disbursal
Approved loans disbursed by file or API, with maker-checker before funds move.
Full audit trail
Every collection, disbursal, retry and reversal recorded and exportable.
Questions
Lending, answered
How many virtual accounts can I issue?
Enough for one per borrower. Issuance is programmatic rather than tied to opening physical accounts, so borrower count is not the constraint.
Can I collect EMIs automatically?
Yes, through UPI AutoPay or e-NACH mandates. Virtual accounts handle the borrowers who prefer to push payment themselves.
Do I need an NBFC licence to use this?
You need whatever licence your lending activity requires under Indian law. We will ask for it during onboarding, and we cannot onboard unlicensed lending.
Other industries
The pattern repeats across categories. TrustPay handles the same problem in different shapes.
Tell us what you move, and we will quote it
Your volume, category, payment methods and settlement cycle. Four answers and you have a rate.