Transfer to Single Linked Account
In this example, you are making a transfer to a single Linked Account. Following are the details:- Payment Amount = ₹1,000.00
- Payment Pricing Plan = 2%
- Transfer Fees = 0.25%
- Your Commission = ₹100.00
- Amount Transferred to Linked Account = ₹900.00
- GST Levied = 18%
Transaction Details | Your Account Balance (₹)
Payment received from Customer | 1,000.00
Gateway Fee Charged on Capture Payment Amount * Pricing Plan * GST 1000 * 2/100 * (1+(18/100))| -23.60The Account Balance after deduction | 976.40
Transfer Fee Charged Transfer Amount * Pricing Plan * GST 900 * 0.25/100 * (1+(18/100)) | -2.66Amount Transferred to Linked Account | -900.00
Final Account Balance | 73.74
Transfer to Two Linked Accounts
In this example, you are making transfers to two Linked Accounts. Following are the details:- Payment Amount = ₹1,000.00
- Payment Pricing Plan = 2%
- Transfer Fees = 0.25%
- Your Commission = ₹100.00
- Amount Transferred to Linked Account 1 = ₹300.00
- Amount Transferred to Linked Account 2 = ₹700.00
- GST Levied = 18%
Transaction Details | Your Account Balance (₹)
Payment received from Customer | 1,000.00
Gateway Fee Charged on Capture Payment Amount * Pricing Plan * GST 1000 * 2/100 * (1+(18/100))| -23.60Account Balance after Deduction | 976.40
Linked Account 1 Transfer Fee Charged Transfer Amount * Pricing Plan * GST 300 * 0.25/100 * (1+(18/100)) | -0.89Amount Transferred to Linked Account 1 | -300.00
Net Account Balance | 675.51
Linked Account 2 Transfer Fee Charged Transfer Amount * Pricing Plan * GST 700 * 0.25/100 * (1+(18/100)) | -2.07Amount Transferred to Linked Account 2 | -700.00
Final Account Balance | -26.56 The transfer happens only if you have an account balance equal to or greater than ₹26.56.