> ## Documentation Index
> Fetch the complete documentation index at: https://razorpay-60c89f9a-mintlify-audit-missing-sections-1778528421.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# About Fund Accounts

> Fund accounts are accounts associated with a [Contact](/x/contacts) (similar to a *beneficiary* in your netbanking portal).

* To make a payout to a Contact, you must add a Fund Account to the Contact.
* There is no limitation to the number of Fund accounts a Contact can have.

## Fund Account Types

Fund accounts are associated with a Contact. Payouts are made to the Fund accounts. There are three types of fund accounts:

* **Bank account**: Make payouts to a beneficiary's bank account via bank transfer using one of the available such as NEFT or IMPS.
* **UPI ID (VPA)**: Make payouts to a beneficiary's UPI ID via a UPI transfer.
* **Cards**: Know more about [Payouts to Cards](/api/x/payouts-cards).
  * **Credit Card**: Make payouts directly to a beneficiary's credit card by bank transfer using NEFT or IMPS.
  * **Debit Card or Prepaid Card**: Make payouts directly to a beneficiary's debit card or prepaid card using the 'card' mode.
* **Wallet**: Make payouts to your beneficiary's wallet. You can make payouts to a beneficiary via an Amazon Pay gift card. Know more about [Payouts to Amazon Pay Wallet](/api/x/payout-wallet).

Know about the [payout modes available for each Fund account type](/x/payouts#payout-modes-and-tat) and the [list of banks/cards supported](/x/payouts/cards#banks).

## Fund Account Actions

The following table lists down the actions that can be performed on Fund accounts using APIs, Dashboard and Bulk Upload:

## Action | API | Dashboard | Bulk Upload

## Create a fund account | ✓ | ✓ | ✓

## View fund account details | ✓ | ✓ | ✓

Mark as inactive | ✓ | ✓ | x

You can create Fund accounts using APIs either with [bank account](/api/x/fund-accounts/create/bank-account) details or [VPA](/api/x/fund-accounts/create/vpa), or [create contacts in bulk](/x/contacts/bulk-uploads).

## Dashboard Actions

After logging in to your RazorpayX account, you can start creating a contact and its associated fund account. Refer below for steps on how to create a contact with a fund account, and how to update it.

### Create a Contact with Fund Account

To create a Contact with Fund Account from the Dashboard:

<Steps>
  <Step title="Log in to the [RazorpayX Dashboard](https://x.razorpay.com/).">
    Log in to the [RazorpayX Dashboard](https://x.razorpay.com/).
  </Step>

  <Step title="Navigate to **Contacts**.">
    Navigate to **Contacts**.
  </Step>

  <Step title="Click **+ CONTACT**.">
    Click **+ CONTACT**.
  </Step>

  <Step title="Fill Contact details and click **NEXT**.">
    Fill Contact details and click **NEXT**.
  </Step>

  <Step title="Add Fund Account details.">
    Add Fund Account details.
  </Step>

  <Step title="Click **SAVE AND CLOSE**.">
    Click **SAVE AND CLOSE**.
  </Step>
</Steps>

### Add New Fund Account

To add a new Fund Account to an existing Contact from the Dashboard:

<Steps>
  <Step title="Log in to the [RazorpayX Dashboard](https://x.razorpay.com/).">
    Log in to the [RazorpayX Dashboard](https://x.razorpay.com/).
  </Step>

  <Step title="Navigate to **Contacts**.">
    Navigate to **Contacts**.
  </Step>

  <Step title="Select the Contact you want to edit.">
    Select the Contact you want to edit.
  </Step>

  <Step title="Click **ADD FUND ACCOUNT**.">
    Click **ADD FUND ACCOUNT**.
  </Step>

  <Step title="Add the Fund Account details.">
    Add the Fund Account details.
  </Step>

  <Step title="Click **SAVE AND CLOSE**.">
    Click **SAVE AND CLOSE**.
  </Step>
</Steps>

You can also [create and update Fund Account using APIs](/api/x/fund-accounts#list-of-endpoints).

### Next Steps

* [Fund Account Validation](/x/fund-account-validation)

### Related Information

* [Payouts](/x/payouts)
* [Contacts](/x/contacts)
* [Fund Account APIs](/x/fund-accounts/api)