State Bank collect: SBI
State Bank Collect is a service that allows Corporate Internet Banking (CINB) users to accept online payments from recipients of their goods and services.
State Bank Collect Advantages:
Customers of CINB are not required to maintain a website. The Corporate Payer only needs to click on ‘State Bank Collect’ and select the Corporate for which payment is required, fill out the details of the goods/services for which payment is required, and make the payment using one of the several futures that allow to him on a Multiple Option Payment Service (MOPS) page.
The following is a list of illustrative internet services (purposes) for which the feature is available:
- Collection for products and services provided by businesses/corporations/institutions.
- Educational institutions charge fees.
- Government/Quasi-Government Bodies collect dues.
- semi-government bodies levy local taxes such as water taxes, housing taxes, and energy bills, among other things.
- Payment of the recruitment fee.
- Donations to Charitable Organizations/Religious Organizations
Payment Options Are Available:
Multi Option Payment System (MOPS) users can select from the following payment methods on the MOPS page, in order to broaden product appeal:
SBI’s internet banking platform.
- ATM and Debit Card from State Bank
- At SBI branches, you can pay with cash or a check.
- Debit card from another bank
- Card payment.
- (Image courtesy of https://crop.sbionline.com/)
Corporate customization of the e-Payment page:
Corporate clients who want to use the ‘State Bank Collect’ service should sign up for CINB (Corporate Internet Banking) with Khata plus/Vyapaar/Vistaar.
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Arrangement:
After logging in, the CINB administrator must navigate to the State Bank Collect page and click ‘Add’ to specify the Corporate/Institution data. The system populates the Corporate/name Institutions and addresses. Once these parameters have been configured, the system presents the users with the following information:
Organization Type (From the list of values):
- Recovering transaction fees, whether from the institution or the client.
- Upload your logo.
Setting Payment Conditions and Types: State Bank Collect
- Depending on their needs, the Corporate/Institution might add several payment types.
- The corporate/institution inputs the name of the payment category to be defined.
- Important in the Corporate/Institutional State (From the list of values)
- The account number into which the credits will be deposited should be selected.
- Select the ‘Click here to Configure Payment Information’ link to configure payment details such as Input Name, Input Type (Text/Options), Option parameters (if the input type is ‘Options,’ and whether or not the field is necessary.
- To configure amount details such as Name and Amount type (Fixed/Variable), click the link ‘Click here to Configure Payment Amount Details.’
- Initiates the ‘Start Date,’ which is the start date from which the retail payment may be made.
- If the Start Date is supplied, the ‘End Date’ is required.
- To specify late fee/penalty settings such as From Date, To Date, Amount Type (fixed/variable), and Amount, click the ‘Click here to Configure Late Fee/Penalty’ link.
- Whatever ‘Special Remarks/Payment Instructions’ for the end customer that must be shown on the Transaction Details page can be supplied as a word/pdf file with a maximum file size of 100 KB. No notifications can be sent in excess of two times per day.
Confirmation:
After completing the preceding procedures, the company will be able to obtain the application/agreement/terms and conditions papers and see the example online Fee Payment Form that will be shown to the end-user for payment.
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Pre-populating Payer Data is a useful feature: State Bank Collect
If necessary, this capability allows the Corporate/Institution to pre-populate particulars or amounts depending on one or two important parameters such as Roll Number or Consumer Number. Here’s an illustration of how it works.
- The Payer Data File Structure for a payment category is configured by CINB Administrator.
- Based on this file format, CINB Uploader uploads a text file with a single entry.
- The test file is approved by the CINB Administrator.
- The real Payer Data File is uploaded by CINB Uploader.
- The Payer Data File is approved by the CINB Administrator.
View/Modify/Delete:
In the event of a requirement, the Corporate/Institution might additionally go through the following:
- View/modify institution information (Type and Logo).
- View/change the payment category.
- Add new payment structure fields or change existing ones.
- Modify the users of the financial closing date.
- Submit a new version of the payment details document.
- Remove payment types.
Changes/deletions made by a corporation/institution must be approved by the bank. If approved, Corporate can begin receiving payments via State Bank Collect.
MOPS payments are made by consumers (Multiple Option Payment System):
A customer who wishes to pay the corporation for products and services received can do so by engaging in the following activities:
- Chooses the “State Bank Collect” link on the www.onlinesbi.com main page.
- Gets to read the Disclaimer Clause and checks the box to proceed with payment.
- Chooses Corporate/Institution State from the drop-down option.
- Chooses the right corporate/institution type from the drop-down selection.
- The ‘Go’ button is pressed.
- Needs to select the corporate/institution name from the drop-down option.
- The ‘Submit’ button is pressed.
- From the drop-down option, choose Payment Category.
- Submit button is pressed.
- The Corporate/State Institution’s Bank Collect Payment page will display. Each payer must input the details into the payment form (Roll No., Name, Section, Fee amount, DOB, mobile number, captcha, etc.).
- Submit button is pressed.
- To proceed, the State Bank Collect payment verification screen will open, and the payer must click the ‘Confirm’ button after validating the payment information.
- The SBMOPS (State Bank Multiple Option Payment System) screens appear, with the following payment choices.
Internet Banking:
- The State Bank of India
- Other financial institutions, including associate banks
Payments by Credit Card:
- ATM/Debit Card issued by State Bank
- Debit Cards from Other Banks
- Credit Card
Other Payment Options – SBI Branch
The customer selects the chosen choice and pays. If he wants, he can also print the receipt online.
Video from State Bank Collect:
Digital Billing – State Bank Fee Collection Video
Process instructions for making a payment with State Bank Collect in CINB:
- The State Bank Collect Institution must be added as a recipient by the CINB Admin.
- To pay cash, the maker must generate an e-Cheque.
- The e-Cheque will be approved by the Authorised User to complete payment.
- Transaction receipt generation on the State Bank Collect website.
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